Carbon Recycling International implements power-to-fuel technology in Germany
11 December 2014
Carbon Recycling International (CRI) will collaborate with industrial partners from Germany, Spain and Belgium to implement its Emissions-to-Liquids technology in an innovative renewable fuel production plant, recycling carbon-dioxide emissions from a coal-fired power plant in Germany. The project has a budget of 11 million Euros and is partially funded by a grant from the EU Horizon2020 research program.
This represents a milestone for CRI in deploying its technology solutions into Europe, which include future sales of equipment and services for end-to-end power-to-fuels technology solutions.
"This project will deploy technology solutions for electrolysis with fast response time, carbon capture and utilization from coal fired power-plants and chemical energy storage applications. These technologies will play a crucial role in the German energy-transition," said KC Tran, CEO and co-founder of CRI. "I am also pleased that the project will enable further development of manufacturing capability in Iceland for chemical engineering applications."
German authorities want at least half of the energy consumed by households and industry to be met with renewable energy sources. This creates a need for technology which can utilize intermittent and surplus energy while decreasing the emissions of greenhouse gas.
CRI technology decreases emissions and converts carbon dioxide (CO2) into sustainable renewable liquid transport fuels for gasoline and diesel powered engines. The technology will be used in the power, steel and chemical industries. According to Member State policy mandates, EU annual consumption of renewable transport fuels should grow by nearly 20 million tons by 2020, leading to a decrease of annual CO2 emissions from transport by over 50 million tons.
The project will last three to four years and involves design, building and testing of systems to demonstrate the utilization of surplus and intermittent renewable energy sources and CO2 for the production of value added sustainable chemicals and fuel.
CRI's role in the project consists of the design, manufacturing and installation of a dynamic power-to-fuels system. The facility will capture carbon dioxide from the emissions of a coal-fired power plant.
The project partners include Mitsubishi Hitachi Power Systems Europe as system integrator and several universities and research institutions in Europe.
CRI produces renewable methanol, under the brand name Vulcanol, at its Emissions-to-Liquids production facility in Grindavik, Iceland. CRI technology catalytically converts electricity and carbon dioxide into renewable methanol. Methanol, one of the most common chemical feedstocks, is widely used in gasoline blending, for biodiesel production and production of chemical derivatives.