Deloitte and Metalot conduct pioneering Iron Powder energy study for a sustainable future

Deloitte joins forces with Metalot in a feasibility study that systematically identifies iron powder's unique characteristics, stakes its position against green alternatives, and rigorously evaluates its viability through selected use cases in the green energy landscape.

"The Deloitte Impact Foundation is dedicated to making a positive impact on society. Working with Metalot on this ground-breaking research demonstrates our commitment to supporting sustainable business solutions that contribute to a greener future”.

In a recent collaboration, Metalot and Deloitte completed an innovative project exploring the viability of iron powder as a sustainable energy source for green energy cooperatives in the Netherlands. The joint initiative, bridging the gap between vision and application, has paved the way for fostering a community committed to metal powder's potential as a future energy alternative.

The research focused on the entire value chain of using iron powder as a fuel — from hydrogen production and (re)generation to combustion and receiving energy by the final consumer — and its application for energy cooperatives.

Raoul Voeten, Managing Director of Metalot, emphasised the significance of building a community that recognises the potential of iron powder. "Our goal is clear: create a community that understands and believes in metal powder as a pivotal energy source of the future. This study with Deloitte is a crucial step towards that future," stated Voeten.

Deloitte's comprehensive analysis identified key applications where the iron powder technology could be effective. "We meticulously analysed the technology to discover its sweet spots and potential use cases. Our findings indicate that iron powder could be a competitive heat source, particularly for smaller off-grid users, and potentially has a role to play in the transition towards sustainable energy solutions," said Vincent Oomes, Partner at Deloitte.

Iron powder's unique characteristics, including its safety profile and zero environmental hazards, ease of transportation, and dense energy storage, make it a highly attractive prospect for energy-intensive industries. Coupled with the local circularity of iron powder and water that can be reused multiple times, emphasises the technology's sustainability.

The feasibility study concluded that with the right application and subsidies aid at the beginning, iron powder technology could be a cost-competitive and sustainable alternative to other green fuels. 

The project's success hinged on the close collaboration between Deloitte's cross-functional team and Metalot’s industry experts, demonstrating the power of partnership in driving innovation and sustainability. As Metalot continues to refine iron powder's role in the energy system, Deloitte stands ready to share its expertise in business operations, energy transition, and technology. 

“This project marks a significant milestone in the journey toward a Net-Zero emissions future and showcases Deloitte's aptitude for being a trustworthy partner in sustainable transformations,” says Raoul Voeten.

In conclusion, the successful completion of the study reaffirms the commitment of both Metalot and Deloitte to innovating for a sustainable future, and it boldly underscores iron powder's potential as a sustainable energy source in an increasingly eco-conscious world.

The Deloitte Impact Foundation, represented by Director Hesse McKechnie, highlighted, "The Deloitte Impact Foundation is dedicated to making a positive impact on society. The work with Metalot, to foster the scale-up of an innovative solution for the energy transition, is exactly the kind of high-impact outcome we are looking to make”.