With more than 182 participating countries and over 2000 project submissions annually the Energy Globe Award is today's most prestigious environmental prize worldwide. It distinguishes projects regionally, nationally and globally that conserve resources such as energy or utilize renewable or emission-free sources. Award ceremonies are held all over the world. Prominent personalities as well as Energy Globe Ambassadors in 90 countries support the mission of Energy Globe. The activities of Energy Globe attract worldwide media attention - international TV stations report each year with approximately 1,000 hours of broadcasting time. The aim of the Energy Globe is to raise global attention on sustainable, everywhere applicable environmental solutions and to motivate people to also become active in this area.
National ENERGY GLOBE Award Iceland 2018
Carbon Recycling International has developed a novel method enabling the utilization of CO2 emissions to produce liquid fuel (methanol). Their industrial demonstration plant in Iceland is the first production facility to produce liquid fuel from CO2 and hydrogen on a commercial scale. Using low carbon intensity sources of electricity, such as wind, solar, hydro or geothermal power, the process can eliminate virtually all well-to-wheel emissions.
In its initial stages of operation, the company’s efforts faced many challenges, both technical and financial, as the company was incorporated shortly before the collapse of the domestic banking system in Iceland. Unavoidable CO2 emissions from industrial processes which are prevalent in all industrialized countries could be reused as raw material to produce fuel.
Carbon Recycling International designed an efficient process to produce renewable methanol. During the first stage of development CRI built a lab scale pilot, which was used to test new CO2-to-methanolcatalysts and study optimal conditions for the chemical synthesis. The company demonstrated their technology by building a full-scale synthesis system, integrated with an actual CO2 capture system and electrolyzes capable of supplying over two tons of hydrogen from water and electricity per day.
The benefit of the Carbon Recycling International is that the system is a cost-effective production of sustainable source of liquid transport fuel and chemical with zero carbon footprints in the product life cycle. The innovation of this project is to demonstrate successfully that methanol can be produced from a one-step catalytic reaction between CO2 and hydrogen (H2) at an industrial scale, using CO2captured at large scale from an ongoing industrial process or power plant and hydrogen produced at large scale with water electrolysis.