This 12 months, BNEF is on the lookout for improvements throughout hydrogen, metals and supplies, and meals manufacturing.
For 2023, the Pioneers prize will likely be awarded to firms engaged on improvements that handle the next challenges:
Accelerating the deployment of fresh hydrogen. Hydrogen and its derivatives presently play a small function within the world power system and are not often produced in a low-carbon method. The clear hydrogen sector faces many challenges because it seeks to swiftly construct out a brand new worth chain whereas additionally decreasing prices. Improvements on this space may embrace low-carbon manufacturing strategies, new electrolyzer designs that enhance effectivity or renewable-energy integration, higher storage and transport gear, or novel utilization applied sciences throughout buildings, trade, energy and transport.
Sustainable metals and supplies for an electrified future. The size-up of fresh power, together with the electrification of heating, transport and industrial actions, would require a fast escalation within the provide of lithium, copper, cobalt, nickel and others. Nonetheless, the extraction of those supplies additionally wants to attenuate the influence on biodiversity, and water and land use the place doable. Improvements that would handle these challenges embrace novel materials extraction and recycling strategies, and applied sciences that scale back demand for supplies by bettering the effectivity of their use.
Purposes for the 2023 BNEF Pioneers program are right here.
The competitors closes on November 18.