There are several strategies to minimize the costs associated with catalysts:
Use of Abundant Materials: Replacing rare and expensive metals like platinum and palladium with more abundant elements such as iron, copper, and nickel can significantly reduce costs. Optimization of Synthesis Methods: Employing scalable and energy-efficient synthesis techniques can lower production costs. Recycling and Reusability: Designing catalysts that can be easily recovered and reused can mitigate the need for constant replacement.