Carbon Iceland Project Launch: Turning CO2 from smelters into renewable marine fuel in Iceland
Carbon Iceland announced the project that aims to convert CO2 into renewable fuel for the Icelandic fishing and maritime industries and other transportation vehicles and equipment.
The Carbon Iceland project seeks to transform CO2 emissions into renewable fuel for Iceland’s fishing and maritime sectors amongst others. The project is supported by Mitsubishi Heavy Industries, by providing capture technology solution for the project as well as Siemens Energy regarding the Project’s Energy System Design Optimization.
The Carbon Iceland project intends to help Iceland significantly to reach emission reduction targets for 2030 and 2040 as agreed by the Icelandic government.
Furthermore, a project introductory meeting was held in Reykjavik 17-18 October where the Minister of the Environment, Energy and Climate, Mr. Guðlaugur Þór Þórðarson, met with Carbon Iceland and its partners.
Útgerðarfélag Reykjavíkur has already signed an off-take agreement with Carbon Iceland, securing renewable fuel for the company´s Factory Vessel, Guðmundur í Nesi RE-13, for years to come.
Útgerðarfélag Reykjavíkur has been a leader in planning the new future with renewable fuels and has already completed substantial work on their vessel Guðmundur í Nesi RE-13, by modifying engines to be ready for the future of renewable fuels. Útgerðarfélag Reykjavíkur is pleased to sign this agreement with Carbon Iceland to support the project and to secure renewable fuel supplies for the future.
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