With photovoltaics
becoming a mature, commercially feasible technology,
society is willing to allocate resources for developing and deploying
new technologies based on using solar light. Analysis of projects
supported by the European Commission in the past decade indicates
exponential growth of funding to photocatalytic (PC) and photoelectrocatalytic
(PEC) technologies that aim either at technology readiness levels
(TRLs) TRL 1–3 or TRL > 3, with more than 75 Mio€
allocated
from the year 2019 onward. This review provides a summary of PC and
PEC processes for the synthesis of bulk commodities such as solvents
and fuels, as well as chemicals for niche applications. An overview
of photoreactors for photocatalysis on a larger scale is provided.
The review rounds off with the summary of reactions performed at lab
scale under natural outdoor solar light to illustrate conceptual opportunities
offered by solar-driven chemistry beyond the reduction of CO
2
and water splitting. The authors offer their vision of the impact
of this area of research on society and the economy.