Carbon Iceland launches project to convert CO2 from factories into renewable fuel

This plan seeks to transform emissions into renewable fuel for the maritime, fishing and transport industries in Iceland.
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El proyecto Carbon Iceland

The Carbon Iceland project has been launched in Iceland, with the aim of capturing more than one million tonnes of CO₂ per year from the country’s main smelters, including Norðurál, operated by Century Aluminum , minimising the impacts of polluting emissions in the country.

The Carbon Iceland project

Mitsubishi Heavy Industries and Siemens Energy are collaborating on the project, bringing their expertise in carbon capture and Power-to-X technology, respectively. With this advanced technology, the project will contribute significantly to Iceland’s emissions reduction targets for 2030 and 2040, according to the Icelandic government.

During the recent presentation in Reykjavik, Minister of Environment and Climate, Guðlaugur Þór Þórðarson, highlighted the importance of this project for Iceland’s energy transition. In addition, Útgerðarfélag Reykjavíkur has signed a purchase agreement to secure the supply of this renewable fuel for its fleet, including the factory ship Guðmundur í Nesi RE-13.

This agreement is historic in Iceland’s maritime industry, adapting to the fuels of the future and reinforcing the country’s commitment to combating climate change. The Carbon Iceland project is the inspiration and impetus for new clean energy developments in the region, consolidating itself as an example for other countries in reducing emissions.

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Source and photo: Carbon Iceland

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