Icelandic Project Converts Carbon into Renewable Bunker Fuel for Fishing Fleet
Key Ideas
- Nordural's smelters will be the starting point for a project to produce renewable bunker fuel from captured carbon, benefiting Iceland's fishing fleet.
- Carbon Iceland aims to supply marine fuels to Iceland's fishing fleet and other maritime transportation forms using feedstock from the project.
- Útgerðarfélag Reykjavíkur has signed an offtake agreement with Carbon Iceland for the renewable bunker fuel produced.
- Mitsubishi Heavy Industries and Siemens Energy have expressed interest in the project, contributing their expertise in carbon capture technology and hydrogen, respectively.
In Iceland, a new project has been initiated to convert captured carbon into renewable bunker fuel, starting at Nordural's aluminium smelters. The feedstock produced will be used to supply marine fuels for Iceland's fishing fleet and other maritime transportation means, as stated by Carbon Iceland. Útgerðarfélag Reykjavíkur, a factory fishing vessel operator, has already signed an offtake agreement with Carbon Iceland. Additionally, Mitsubishi Heavy Industries and Siemens Energy are showing interest in the project. Mitsubishi, known for its carbon capture technology, and Siemens Energy, leveraging its expertise in hydrogen, are expected to contribute to the success of this innovative initiative. The project signifies a step towards sustainable energy solutions and environmental stewardship within Iceland's maritime industry.