Catalyst is a first-of-its-kind model that brings together companies, governments, and private philanthropy to accelerate the adoption of critical, next generation climate technologies. Catalyst is part of Breakthrough Energy, a network of initiatives founded by
By making targeted investments in climate technologies that have proven their potential through research and development, Catalyst aims to speed up their large-scale commercialization. This will significantly decrease the price of new clean products, increase their availability in the market, and demonstrate how to finance the infrastructure of decarbonization at scale.
Having unveiled its own roadmap to carbon neutrality in
Renewables, hydrogen, ammonia and methanation are just some of the next-generation energy initiatives that MC is now examining as future earnings pillars, but MC also understands the challenges to achieving a net-zero world. Swift application of new technologies and innovations will be crucial to meeting those challenges.
Catalyst creates a framework in which Breakthrough Energy and its public and private sector partners including governments, corporations, and philanthropic organizations, will work together to commercialize high-impact decarbonization technologies through measures such as equity investment, grant funding and offtake agreements. These technologies will underpin a zero-carbon economy but are currently more expensive than their existing fossil-fuel emitting counterparts. The difference between these costs is what is now referred to as 'Green Premium.'
The current Catalyst focus areas are (1) Clean Hydrogen (and related infrastructure), (2) Long-duration Energy Storage (LDES), (3) Sustainable Aviation Fuel (SAF), and (4) Direct Air Capture (DAC). In future, the Catalyst program and its partners may expand its focus to include other hard-to-abate sectors. MC also considers these technologies vital to its own EX strategies and net-zero roadmap.
By participating in this program, MC is demonstrating a commitment to growing climate technologies and further reducing our carbon footprint in ways that will not compromise our quality of life.
At MC we are proud of the wealth of expertise and networks that we have built up in
[Program Details]
Please refer to the program guide for details.
https://www.breakthroughenergy.org/scaling-innovation/catalyst
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