What Are the Innovations to Reduce Catalyst Costs?
Several strategies are being developed to reduce the cost of catalysts:
- Use of Abundant Materials: Researchers are exploring the use of more abundant and less expensive materials, such as iron or nickel, to replace precious metals. - Nanotechnology: By using nanoparticles, the surface area of the catalyst can be increased, improving its efficiency and reducing the amount needed. - Recycling and Regeneration: Developing methods to recycle and regenerate catalysts extends their lifespan, effectively reducing costs over time.
