How is renewable energy influencing the catalysis industry?
The push for renewable energy sources is significantly impacting the catalysis industry. Catalysts are essential for processes like water splitting to produce hydrogen, CO2 reduction to generate fuels, and biomass conversion to produce biofuels. The development of efficient and cost-effective catalysts is critical for the commercial viability of these technologies. As such, there is a strong focus on creating catalysts that can operate under mild conditions and with high selectivity for renewable energy applications.