ConspectusDue to its importance for electrolyzers or metal-air batteries for energy conversion or storage, there is huge interest in the development of high-performance materials for the oxygen evolution reaction (OER). Theoretical investigations have aided the search for active material motifs through the construction of volcano plots for the kinetically sluggish OER, which involves the transfer of four proton-electron pairs to form a single oxygen molecule. The theory-driven volcano approach has gained unprecedented popularity in the catalysis and energy communities, largely due to its simplicity, as adsorption free energies can be used to approximate the electrocatalytic activity by heuristic descriptors.In the last two decades, the binding-energy-based volcano method has witnessed a renaissance with special concepts being developed to incorporate missing factors into the analysis. To this end, this Account summarizes and discusses the different generations of volcano plots for the example of the OER. While first-generation methods relied on the assessment of the thermodynamic information for the OER reaction intermediates by means of scaling relations, the second and third generations developed strategies to include overpotential and kinetic effects into the analysis of activity trends. Finally, the fourth generation of volcano approaches allowed the incorporation of various mechanistic pathways into the volcano methodology, thus paving the path toward data- and mechanistic-driven volcano plots in electrocatalysis.Although the concept of volcano plots has been significantly expanded in recent years, further research activities are discussed by challenging one of the main paradigms of the volcano concept. To date, the evaluation of activity trends relies on the assumption of proton-coupled electron transfer steps (CPET), even though there is experimental evidence of sequential proton-electron transfer (SPET) steps. While the computational assessment of SPET for solid-state electrodes is ambitious, it is strongly suggested to comprehend their importance in energy conversion and storage processes, including the OER. This can be achieved by knowledge transfer from homogeneous to heterogeneous electrocatalysis and by focusing on the material class of single-atom catalysts in which the active center is well defined. The derived concept of how to analyze the importance of SPET for mechanistic pathways in the OER over solid-state electrodes could further shape our understanding of the proton-electron transfer steps at electrified solid/liquid interfaces, which is crucial for further progress toward sustainable energy and climate neutrality.
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