by Along a slim winding street on a windswept stretch of Iceland’s southern Reykjanes Peninsula, a group of electrolyzers, compressors and pipes affords a turnkey resolution to assist decarbonize the delivery trade.
In 2006, the founders of Carbon Recycling International Ltd. noticed an alternative to make use of Iceland’s plentiful geothermal energy, fed by the underground rivers of magma that warmth the Arctic nation’s groundwater, to create “electrified” methanol, a inexperienced various to fossil gas. They positioned the George Olah Renewable Methanol plant—named for the late Nobel laureate—half a kilometer (0.31 miles) from the Svartsengi geothermal energy station, whose heat runoff waters feed the famed Blue Lagoon vacationer attraction.
