The Net Zero Technology Centre (NZTC) has announced the launch of its horizon scanning service, tailored to give industry, supply chain, and investors with bespoke insights into net zero technologies and projects, industry trends, global investments, and policy shifts.

Amidst increasing decarbonisation challenges, the technology landscape is rapidly evolving and expanding.

Companies are often faced with inadequate information due to a lack of tools, resources, and expertise to analyse data effectively, impacting decision-making capability and accuracy.

NZTC’s new service will help companies looking to diversify into new energies and markets, build resilience, and future-proof their businesses.

Horizon scanning is delivered to clients through regular updates, and forecasts technology developments from now out to 2050.

This enables businesses to anticipate their subsequent impact and seize opportunities as first movers or early adopters, by giving them confidence to invest in technologies and commit to projects.

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.

“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 unlocking the potential for growth and diversify their business.”

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Horizon scanning is the third service recently introduced by NZTC through its technology services offering.

The new solution complements its technology roadmapping service, which helps organisations identify emissions reduction potential, and its technology due diligence solution, which aims to support investors in selecting their next technology investment and wider company acquisition strategies.