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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Icelandic start-up to build CO2 mineral storage facility
Initial work has begun on a ‘CO2 mineral storage terminal’ in south west Iceland, which is designed to store large quantities of imported carbon dioxide from large industrial emitters. The start-up behind the project, Carbfix, claims it can permanently and safely turn CO2 to stone within Iceland’s basaltic bedrock.
The company proposes to dissolve CO2 in water before injecting it underground, where it will turn into solid minerals in less than two years. The entire operation will be run on renewable energy, according to Carbfix.
Iceland’s parliament recently adopted the EU’s Carbon Capture and Storage (CCS) Directive, which enables emitters that fall under the bloc’s emissions trading system to use Carbfix’s technology to reduce their emissions. The CO2 used will be sourced from heavy industries around northern Europe, and transported to Iceland on specially-designed ships that operate on ‘sustainable fuel’, according to Carbfix.
At full scale, the terminal will provide an annual storage amounting to 3mn tonnes of CO2. It will be constructed in three phases, with the preparation phase beginning this year and drilling of the first wells to start next year.
Geologists employed by Carbfix estimate that Iceland alone could store around 80–200 times the annual global emissions of CO2.
Photo: Carbfix
News Item details
Journal title: Energy World
Countries: Iceland -
Organisation: Carbfix
Subjects: Carbon capture, usage and storage
