Operando EPR, XANES/EXAFS, UV‐Vis and ATR‐IR spectroscopic methods have been coupled for the first time in the same experimental setup for investigation of unclear mechanistic aspects of selective aerobic oxidation of benzyl alcohol by a Cu/TEMPO catalytic system (TEMPO=2,2,6,6‐tetramethylpiperidinyloxyl). By multivariate curve resolution with alternating least‐squares fitting (MCR‐ALS) of simultaneously recorded XAS and UV‐Vis data sets, it was found that an initially formed (bpy)(NMI)CuI‐ complex (bpy=2,2′‐bipyridine, NMI=N‐methylimidazole ) is converted to two different CuII species, a mononuclear (bpy)(NMI)(CH3CN)CuII‐OOH species detectable by EPR and ESI‐MS, and an EPR‐silent dinuclear (CH3CN)(bpy)(NMI)CuII(μ‐OH)2 ⋅CuII (bpy)(NMI) complex. The latter is cleaved in the further course of reaction into (bpy)(NMI)(HOO)CuII‐TEMPO monomers that are also EPR‐silent due to dipolar interaction with bound TEMPO. Both Cu monomers and the Cu dimer are catalytically active in the initial phase of the reaction, yet the dimer is definitely not a major active species nor a resting state since it is irreversibly cleaved in the course of the reaction while catalytic activity is maintained. Gradual formation of non‐reducible CuII leads to slight deactivation at extended reaction times.
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