Carbon Recycling International
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Carbon Recycling International
Carbon Recycling International (CRI) is an Icelandic limited liability company which has developed a technology designed to produce renewable methanol from carbon dioxide and hydrogen, using water electrolysis or, alternatively, hydrogen captured from industrial waste gases. The technology is trademarked by CRI as Emissions-to-Liquids (ETL) and the renewable methanol produced by CRI is trademarked as Vulcanol. In 2011 CRI became the first company to produce and sell liquid renewable transport fuel produced using only carbon dioxide, water and electricity from renewable sources. History CRI, incorporated in 2006, was founded by Fridrik Jonsson, Art Shulenberger, Oddur Ingolfsson, and KC Tran. In addition to Icelandic individuals and funds, investors include Canadian multinational methanol supplier and distributor Methanex and Chinese multinational automotive manufacturing company Geely. CRI's first commercial scale plant, the George Olah Plant (named after George Andrew Olah, the ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Methanol Fuel Cell
Direct-methanol fuel cells or DMFCs are a subcategory of proton-exchange fuel cells in which methanol is used as the fuel. Their main advantage is the ease of transport of methanol, an energy-dense yet reasonably stable liquid at all environmental conditions. Whilst the thermodynamic theoretical energy conversion efficiency of a DMFC is 97%; the currently achievable energy conversion efficiency for operational cells attains 30% – 40%. There is intensive research on promising approaches to increase the operational efficiency. A more efficient version of a direct fuel cell would play a key role in the theoretical use of methanol as a general energy transport medium, in the hypothesized methanol economy. The cell In contrast to indirect methanol fuel cells, where methanol is reacted to hydrogen by steam reforming, DMFCs use a methanol solution (usually around 1 M, i.e. about 3% in mass) to carry the reactant into the cell; common operating temperatures are in the range , where ...
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Energy Carrier
An energy carrier is a substance (fuel) or sometimes a phenomenon (energy system) that contains energy that can be later converted to other forms such as mechanical work or heat or to operate chemical or physical processes. Such carriers include springs, electrical batteries, capacitors, pressurized air, dammed water, hydrogen, petroleum, coal, wood, and natural gas. An energy carrier does not produce energy; it simply contains energy imbued by another system. Definition according to ISO 13600 According to ISO 13600, an energy carrier is either a substance or a phenomenon that can be used to produce mechanical work or heat or to operate chemical or physical processes. It is any system or substance that contains energy for conversion as usable energy later or somewhere else. This could be converted for use in, for example, an appliance or vehicle. Such carriers include springs, electrical batteries, capacitors, pressurized air, dammed water, hydrogen, petroleum, coal, wo ...
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Solar Energy
Solar energy is radiant light and heat from the Sun that is harnessed using a range of technologies such as solar power to generate electricity, solar thermal energy (including solar water heating), and solar architecture. It is an essential source of renewable energy, and its technologies are broadly characterized as either passive solar or active solar depending on how they capture and distribute solar energy or convert it into solar power. Active solar techniques include the use of photovoltaic systems, concentrated solar power, and solar water heating to harness the energy. Passive solar techniques include orienting a building to the Sun, selecting materials with favorable thermal mass or light-dispersing properties, and designing spaces that naturally circulate air. The large magnitude of solar energy available makes it a highly appealing source of electricity. In 2020 solar energy has been the cheapest source of Electricity. In Saudi Arabia a power purchase agreemen ...
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Wind Power
Wind power or wind energy is mostly the use of wind turbines to electricity generation, generate electricity. Wind power is a popular, sustainable energy, sustainable, renewable energy source that has a much smaller Environmental impact of wind power, impact on the environment than burning fossil fuels. Historically, wind power has been used in sails, windmills and windpumps but today it is mostly used to generate electricity. Wind farms consist of many individual wind turbines, which are connected to the electric power transmission Electrical grid, network. New Onshore wind farm, onshore (on-land) wind farms are cheaper than new Coal-fired power station, coal or Gas-fired power plant, gas plants, but expansion of wind power is being hindered by fossil fuel subsidies. Onshore wind farms have a greater visual #Impact on environment and landscape, impact on the landscape than some other power stations. Small onshore wind farms can feed some energy into the grid or provide power t ...
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Sulfur Oxide
Sulfur oxide refers to many types of sulfur and oxygen containing compounds such as SO, SO2, SO3, S7O2, S6O2, S2O2, etc. Sulfur oxide (SO''x'') refers to one or more of the following: * Lower sulfur oxides (S''n''O, S7O2 and S6O2) * Sulfur monoxide (SO) and its dimer, Disulfur dioxide (S2O2) * Sulfur dioxide (SO2) * Sulfur trioxide (SO3) * Higher sulfur oxides (SO3 and SO4 and polymeric condensates of them) * Disulfur monoxide Disulfur monoxide or sulfur suboxide is an inorganic compound with formula S2O, one of the lower sulfur oxides. It is a colourless gas and condenses to give a roughly dark red coloured solid that is unstable at room temperature. occurs rarely in ... (S2O) {{Chemistry index * ...
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Particulates
Particulates – also known as atmospheric aerosol particles, atmospheric particulate matter, particulate matter (PM) or suspended particulate matter (SPM) – are microscopic particles of solid or liquid matter suspended in the air. The term '' aerosol'' commonly refers to the particulate/air mixture, as opposed to the particulate matter alone. Sources of particulate matter can be natural or anthropogenic. They have impacts on climate and precipitation that adversely affect human health, in ways additional to direct inhalation. Types of atmospheric particles include suspended particulate matter; thoracic and respirable particles; inhalable coarse particles, designated PM, which are coarse particles with a diameter of 10 micrometers (μm) or less; fine particles, designated PM, with a diameter of 2.5 μm or less; ultrafine particles, with a diameter of 100 nm or less; and soot. The IARC and WHO designate airborne particulates as a Group 1 carcinogen. Particula ...
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Climate Change Mitigation
Climate change mitigation is action to limit climate change by reducing Greenhouse gas emissions, emissions of greenhouse gases or Carbon sink, removing those gases from the atmosphere. The recent rise in global average temperature is mostly caused by emissions from fossil fuels burning (coal, oil, and natural gas). Mitigation can reduce emissions by energy transition, transitioning to sustainable energy sources, energy conservation, conserving energy, and Efficient energy use, increasing efficiency. In addition, can be carbon dioxide removal, removed from the atmosphere by carbon sink, enlarging forests, Wetland restoration, restoring wetlands and using other natural and technical processes, which are grouped together under the term of carbon sequestration. Solar energy and wind power have the highest climate change mitigation potential at lowest cost compared to a range of other options. Variable availability of sunshine and wind is addressed by energy storage and improved elec ...
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Global Warming
In common usage, climate change describes global warming—the ongoing increase in global average temperature—and its effects on Earth's climate system. Climate change in a broader sense also includes previous long-term changes to Earth's climate. The current rise in global average temperature is more rapid than previous changes, and is primarily caused by humans burning fossil fuels. Fossil fuel use, deforestation, and some agricultural and industrial practices increase greenhouse gases, notably carbon dioxide and methane. Greenhouse gases absorb some of the heat that the Earth radiates after it warms from sunlight. Larger amounts of these gases trap more heat in Earth's lower atmosphere, causing global warming. Due to climate change, deserts are expanding, while heat waves and wildfires are becoming more common. Increased warming in the Arctic has contributed to melting permafrost, glacial retreat and sea ice loss. Higher temperatures are also causing m ...
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Renewable Energy Directive 2009
The Renewable Energy Directive 20182018/2001 is a Directive in EU law that requires 32 percent of the energy consumed within the European Union to be renewable by 2030. This target is pooled among the member states. Background Before the 2009 version of the Directive, EU leaders had already reached agreement in March 2007 that, in principle, 20% of the bloc's final energy consumption should be produced from renewable energy sources by 2020 as part of its drive to cut carbon dioxide emissions. This policy later became part of the EU2020 Energy Strategy dated 10 November 2010. The key objectives of the strategy are to reduce carbon dioxide emissions by 20%, to increase the share of renewable energy to 20%, and to achieve energy savings of 20% or more. The targets are mutually dependent. The draft report on the directive was published by the European Commission in January 2008. Claude Turmes served as rapporteur on the draft. Members states were obliged to notify the European ...
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European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a '' sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to act ...
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Svartsengi Power Station
The Svartsengi Power Station (''Svartsengi'' (); "black meadow" in Icelandic) is a geothermal power plant, which is located in the Svartsengi geothermal field, about four km north of Grindavík, approximately 20 km SE of Keflavík International Airport and 45 km from Reykjavík. The electric power station was built in 1976 by the subsidiary of Alterra Power, HS Orka and it was the world´s first geothermal power plant for electric power generation and hot water production for district heating. The power station, which consists of an area of 150 ha, was constructed in six sequent phases ''(finished in 2008)'', in each phase they built a new power plant, so the generation capacity increased to 150 MWth for the district heating and the nameplate capacity to 75 MW for electricity power.99%) is generated from renewables (mainly hydroelectric dams and geothermal). The islands of Grimsey and Flatey rely on diesel as they are not c ... References {{Reflist External ...
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