New tool launched to boost net zero practices

The Net Zero Technology Centre (NZTC) has launched a new service to boost the uptake of net zero practices.

Horizon Scanning will provide industry with bespoke information on net zero technology, trends, global investment, and policy shifts.

Niki Chambers, head of technology services at NZTC said: “Horizon Scanning equips organisations with the insight to stay ahead and navigate the dynamic technological and market landscapes.”

The NZTC claimed that the current lack of tools and resources has left companies inadequately equipped for effective decision-making.

Horizon Scanning aims to bridge this knowledge gap by providing users with up-to-date information and forecasts on technology developments until 2050.

NZTC's Horizon Scanning launch event, in Aberdeen, Scotland | NZTC

It is hoped this new tool will encourage companies to diversify into new energies by helping them seize opportunities as early adopters, allowing them to futureproof their business.

“We’ve seen significant demand from companies looking to ensure resilience and adaptability in a dynamic market. Horizon Scanning provides companies with the confidence to unlock the potential for growth and diversify their business,” Chambers added.

The new service will complement the NZTC’s Technology Roadmapping Service, which has helped organisations identify 74 per cent emissions reduction potential.

It will also add to its Technology Due Diligence solution, which supports investors decide their next technology investment and acquisition strategies.