Carbon Iceland, a company focused on decarbonizing the aviation, maritime, and transport industries, is launching a project that will use CO2 captured from smelters for the production of renewable marine fuel.
In collaboration with Iceland’s largest smelting plants, Carbon Iceland is setting out on a mission to capture more than one million tons of CO2 per year that will serve as feedstock to produce sustainable fuel for the fishing, maritime, and transport sectors in Iceland.
Century Aluminum’s Norðurál location will be the first plant to team up with Carbon Iceland on this initiative, with plans to expand the project to other facilities in the future.
Carbon Iceland has shared that their first capturing and production facility will be located at Grundartangi.
To optimize the capture capacity, the project will receive a CO2 system delivered by Mitsubishi Heavy Industry, while the energy system design will be refined with the help of Siemens Energy’s Power-to-X expertise and hydrogen production technology.
Carbon Iceland has already signed an offtake deal with seafood producer Útgerðarfélag Reykjavíkur, who entered the agreement to secure renewable fuel for its factory vessel and Guðmundur í Nesi RE-13 vessel for the following 13 years.
Útgerðarfélag Reykjavíkur has been gearing up for its sustainability transition by modifying the engines on its vessels to be compatible with renewable fuels. With this preparation in place, the seafood company has expressed enthusiasm for their partnership with Carbon Iceland.
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This innovative project was also met with approval by Iceland authorities, including the Minister of the Environment, Energy, and Climate, Mr. Guðlaugur Þór Þórðarson, who recognized this project as an important step in the country’s energy transition.
The Carbon Iceland team also introduced their CO2 capture and utilization plans to the President of Iceland, Madam Halla Tómasdóttir.
With an ambition for larger market reach, looking ahead, Carbon Iceland intends to provide renewable fuels for export directly to large off-takers in Europe and the United States.
Read more: Icelandair Wants To Become The First Airline With Carbon Free Domestic Flights
