GreenSpace Tech Research
Existing, emerging and yet to be developed technologies can help unlock the transition to a low-carbon economy. Navigate the rapidly changing climate technology landscape. Connect innovation to industry.
Accelerating the transition to a low-carbon economy present challenges unprecedented in our lifetimes and will require faster development, commercialization, and scaling of new and future cutting-edge technologies. Deloitte is inspired by the innovators who are seeking to drive the progress needed to make this transition at the pace required. Actors in the emerging low-carbon economy are looking to explore multiple avenues to bring their solutions to market and put innovative technologies and practices into production.
GreenSpace Tech by Deloitte helps connect climate technologies to industry via an ecosystem spanning start-ups, research institutes, incubators, accelerators, and universities. Deloitte combines start-up commercialization and climate knowledge to help support industry to unlock value through the integration of these new and emerging climate technologies.
Understanding climate technologies can be essential to devising a decarbonization strategy, exploring new business opportunities, and developing new operating models. The research briefs provide an overview of key climate technologies, trends, and opportunities. If you are an innovation leader, a corporate strategist, a technology leader, or a sustainability and climate executive—or you just want to get up to speed on climate technologies—read on.
To learn more about Deloitte’s sensing and scanning capabilities, or global ecosystem network and vast climate and commercialization knowledge with GreenSpace Tech by Deloitte, get in touch.
Hard climate technologies in focus
As the electric vehicle market grows, so does the demand for lithium-ion batteries (LIBs). Growing adoption of electric vehicles will be good news for the climate but maintaining battery supply has its own challenges. Improving and expanding the battery recycling process can help meet a critical need to bolster the supply of valuable minerals for batteries while reducing their environmental impact. Innovation is occurring across the battery recycling value chain, with digital technologies set to play a key role.
This research brief from GreenSpace Tech by Deloitte highlights technology innovations across the four major stages in the battery recycling value chain, and profiles recycling technologies that could range in maturity from conceptual to commercial.
Long-duration energy storage (LDES) will play a crucial role in the clean energy transition. It will be needed to enhance reliability in power grids as they integrate growing amounts of intermittent renewable energy resources such as solar and wind. When charged from clean sources, LDES can also enable clean heat for industrial processes. And it can provide clean backup power for remote and off-grid mines, data centers, buildings, and farms, among other applications. For some organizations, now may be an excellent time to evaluate and pilot LDES. Indeed, a growing number are already doing so.
Drawing on information and insights from the GreenSpace Tech network, this brief profiles leading LDES technologies, highlights current adoption trends, and notes the critical role that government incentives are playing in catalyzing this important but early-stage market.
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Carbon capture is increasingly viewed as vital tool in mitigating climate change. Experts see few viable paths to net-zero without it. However, it remains relatively costly and immature: only two of the 12 most mature technologies analyzed by GreenSpace Research have reached a commercial stage of adoption for any application. Greater investment is needed for research and scaling innovative carbon capture methods. Carbon capture offers significant commercial opportunities for those able to build scalable solutions in this nascent domain.
Drawing on information and insights from the GreenSpace Tech network, this brief maps a dozen carbon capture technologies across 14 critical applications, places carbon capture in the context of the global net-zero imperative, and highlights opportunities for companies able to seize them.
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Steel production directly accounts for some 7% of global carbon dioxide (CO2) emissions. With an eye on regulation and emission-conscious customers, major steelmakers are exploring greener production pathways. The transition will take time and a lot of money. And the new pathways being explored face several challenges, including high costs and potential scarcity of raw materials and other inputs. GreenSpace Tech by Deloitte is exploring emerging technologies and steelmaking value chain changes that could help overcome some of these hurdles.
The steel industry is often referred to as "hard to abate." The interplay of technology, operations, supply chain, and capital required for progress are the reason for this. Players up and down the value chain as well as in policy and finance all have a role to play. Collaboration will be key to make the progress required, at the pace required, to decarbonize the industry.
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