The alternative fuel plant Carbon Recycling at Svartsengi in Southwest Iceland will triple its production in a few weeks. The Icelandic National Planning Agency has approved the plant’s enlargement.
The plant takes advantage of carbon dioxide emissions from the on-site HS Orka geothermal power plant, mixes it with hydrogen and creates methanol, which is used for producing biodiesel and as an additive to gasoline, ruv.is reports.
“So far we’ve been able to produce 1,300 tons per year. Now we have improved the production capacity so that it has tripled and in a few weeks we will start a new plant,” said managing director of business development at Carbon Recycling Benedikt Stefánsson.
Soon, the plant’s production will be up to 4,000 tons per year. The fuel has been sold in Iceland and abroad and Benedikt is hoping for a significant increase in sales this year.
The company has the potential to build another plant alongside the current one, which could produce 40,000 tons of methanol annually, Benedikt added.