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CHAPTER ONE CASE STUDY 1 Vulcanol, Carbon Recycling International30 Carbon Recycling International (CRI) operates a power-to-methanol production plant that produces commercial scale renewable methanol, called Vulcanol, at 4000 tonnes/year. The plant recycles 5500 tonnes of carbon dioxide/year captured from flue gas of a geothermal power plant located next to the CRI plant. The carbon dioxide is combined with hydrogen produced by electrolysis of water powered by renewable energy (hydro, geothermal and wind sources). Vulcanol can either be used directly in vehicles compatible with 100% methanol; blended with petrol to be used in the production of biodiesel or fuel ethers such as DME, OME etc.; or could be used, for example, as a low-carbon feedstock for the production of chemicals. In 2017, CRI established a project pipeline in China (CRI Ji Xin) as a joint venture with a Shanghai company to develop a methanol plant design with a nominal 50,000 tonnes/year production capacity. Image Vulcanol production plant in Iceland. 30. Carbon Recycling International. Vulcanol. See http://www.carbonrecycling.is/vulcanol (accessed 18 April 2019). 16 SuSTAINABLE SYNThETIC CARBON BASED FuELS FOR TRANSPORT – POLICY BRIEFINGPDF Image | Sustainable synthetic carbon based fuels for transport
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