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Submitted URL: https://www.silverstone.earth/
Effective URL: https://orkuveitan.is/en/environment/project-silverstone/
Submission: On December 11 via api from US — Scanned from CA
Effective URL: https://orkuveitan.is/en/environment/project-silverstone/
Submission: On December 11 via api from US — Scanned from CA
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* Environment * Climate issues * Reykjavík Energy's climate account and climate goals * Carbfix * Environmental issues * Environmental objectives * Clean shores * Land reclamation * Hydrogen sulfide * Sustainability * Reykjavík Energy's Sustainability Strategy * Sustainability reports * Innovation * VOR - Reykjavik Energy Research and Innovation Fund * Idnir vocational project * Geothermal Park * DEEPEN * Outdoor areas * Hengill area * Heiðmörk * Elliðaárdalur * Project Silverstone * Finance * Key financial figures * Financial news * Published financial material * Annual reports * Financial forecast * Credit ratings * Financing * Green Financing Framework * Procurement * Procurement policy * Suppliers' code of conduct * Requirements and support * Calls for tender * Billing us * Safety * Emphasis * Safety requirements * Risk assessment * Crisis management * About Reykjavik Energy * Operations * Reykjavík Energy * Subsidiaries * History of Reykjavík Energy * Standards and certification * Organization and corporate governance * Managers * Board of Directors * Organizational chart * Reykjavik Energy's Ownership Strategy * Corporate Strategies * Partnership agreement * Board meeting reports * The duties of the CEO * Human resources * Personnel * Equal Rights * Key priorities in human resource management * Key HR figures * Apply for jobs * Our workplace * For the media * News * Contact * Reykjavík Energy Logo * Videos and photos * Filming at Reykjavik Energy * Privacy policy * Annual reports * Published Material What are you looking for? Íslenska Íslenska * Environment * Climate issues * Reykjavík Energy's climate account and climate goals * Carbfix * Environmental issues * Environmental objectives * Clean shores * Land reclamation * Hydrogen sulfide * Sustainability * Reykjavík Energy's Sustainability Strategy * Sustainability reports * Innovation * VOR - Reykjavik Energy Research and Innovation Fund * Idnir vocational project * Geothermal Park * DEEPEN * Outdoor areas * Hengill area * Heiðmörk * Elliðaárdalur * Project Silverstone * Finance * Key financial figures * Financial news * Published financial material * Annual reports * Financial forecast * Credit ratings * Financing * Green Financing Framework * Procurement * Procurement policy * Suppliers' code of conduct * Requirements and support * Calls for tender * Billing us * Safety * Emphasis * Safety requirements * Risk assessment * Crisis management * About Reykjavik Energy * Operations * Reykjavík Energy * Subsidiaries * History of Reykjavík Energy * Standards and certification * Organization and corporate governance * Managers * Board of Directors * Organizational chart * Reykjavik Energy's Ownership Strategy * Corporate Strategies * Partnership agreement * Board meeting reports * The duties of the CEO * Human resources * Personnel * Equal Rights * Key priorities in human resource management * Key HR figures * Apply for jobs * Our workplace * For the media * News * Contact * Reykjavík Energy Logo * Videos and photos * Filming at Reykjavik Energy * Privacy policy * Annual reports * Published Material What are you looking for? * Homepage / * Environment / * Project Silverstone PROJECT SILVERSTONE Project Silverstone an innovative EU-funded project run by ON Power and Carbfix, will deploy full-scale CO2 capture, injection, and mineral storage at the Hellisheiði ON Power plant, reaching worlds first near-zero carbon footprint geothermal power plant. About Technology Questions and Answers News Repository ABOUT THE SILVERSTONE PROJECT The Carbfix capture and injection demonstration plant has been operational at Hellisheiði since 2014 injecting about 12,000 tonnes of CO2 annually. With the addition of the Silverstone project, 34,000 tonnes of CO2 will be captured and injected annually. Project Silverstone is expected to reduce emissions by 150,000 tonnes over the project lifetime. This project alone will deliver 10% of Iceland's Climate Action Plan calls for by 2030 within the energy and industrial sectors not covered by the EU ETS. Through the project, a new CO2-optimised capture plant will be constructed resulting in 150,000 tonnes of CO2 being mineralized. Carbfix and ON Power, subsidiaries of Reykjavík Energy, have received a grant of 3.9 million euros from the EU Innovation Fund for the Silverstone project. The project will scale up, design, and build an optimised Carbfix capture plant with the capacity to capture about 34,000 tonnes of CO2 annually, which would otherwise be emitted to the atmosphere. The new capture plant will be commissioned in 2025. THE TECHNOLOGY The Carbfix technology was first developed at ON Power’s Hellisheiði site, in collaboration with industry and academia since 2007. The technology imitates and accelerates natural processes by rapidly turning CO 2 into solid carbonate minerals underground. It is proven at the project site to be safe, efficient, and environmentally friendly. By injecting CO 2 dissolved in water into basaltic formations, it is rapidly transformed to minerals for permanent mineral storage. QUESTIONS AND ANSWERS What is Project Silverstone? Project Silverstone will deploy full-scale CO2 capture, injection, and mineral storage at the Hellisheiði ON Power plant, reaching worlds first near-zero carbon footprint geothermal power plant. The Carbfix capture and injection demonstration plant has been operational at Hellisheiði since 2014 and has injected over 80,000 tonnes* of CO2. The Silverstone Project will capture 34,000 tonnes of CO2 annually. Currently about 12,000 tonnes of CO2 are captured and injected at the site annually, approximately one-third of the Hellisheiði power plant's CO2 emissions. *data from 2022 How does the Silverstone project work and how does it affect the bedrock? The Carbfix technology imitates and accelerates natural processes, in which CO2 is dissolved in water and interacts with reactive rock formations to form stable minerals providing a permanent and safe carbon sink. Young and fresh basaltic rocks are fractured and porous, but over time the pores are filled by secondary minerals. The Carbfix technology accelerates this process and utilises part of the pore space as storage space for CO2 in the form of the stable carbonate minerals, such as calcite, which is a common mineral in Icelandic bedrock. The storage capacity for CO2 in young basaltic rocks is immense, with the possibility of storing over 100 kg of CO2 per 1 m3 of rock. Furthermore, it has been estimated that the injection of approximately 10,000 tonnes of CO2 per year has been carried out at the Hellisheiði site since 2014 uses less than 0.01% of the storage capacity of the reservoir. When will the project start? Started Desember 2021, injection will start January 2025. How much CO2 will be injected? 34,000 tonnes CO2 yearly, 150,000 tonnes of CO2 during operational phase of the Silverstone project. What does Silverstone mean for Iceland's Climate Action Plans? Emission reduction. The project has considerable scale up potential, providing a significant impact for emission reduction within the geothermal sector. This project alone will deliver 10% of the 55% emission reductions that Iceland's Climate Action Plan calls for by 2030 within the energy and industrial sectors not covered by the EU ETS. In addition, the technology is readily adaptable to several hard-to-abate sectors, including steel and iron, cement, ammonia, and waste management. How is mineralization measured? The mineralization of the injected gases is observed using tracers and by following geochemical signals, both of which are monitored by the sampling of fluids from wells in the vicinity of the injection point. Measured tracer concentration in monitoring wells and mass balance calculations enable evaluation of CO2 mineralization. The mineralization has also been quantified using different isotopes. NEWS FRÉTTIR News about the Silverstone Project 4. nov 2021 Orkuveitan EUR 3.9 million EU Grant to Carbfix Dirik Beckers, Director at the European Climate, Infrastructure and Environment Executive Agency, and Edda Sif Pind Aradóttir, CEO of Carbfix, have signed a EUR 3,9 million grant agreement … Read more NEWS Funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or CINEA. Neither the European Union nor CINEA can be held responsible for them. The Silverstone project is made by ON Power and Carbfix. Silverstone by Carbfix and ON Power Contact us Bæjarháls 1, 110 Reykjavík SSN. 5512983029 VAT nr. 60584 Our offices are open weekdays 9:00-16:00 Reykjavík Energy's Data protection policy 5166100 Contact Reykjavík Energy on Facebook Send invoice Send inquiry 63DE8AE9-5B51-4A7E-AF4F-D4DCEB913E35 Bæjarháls 1, 110 Reykjavík SSN. 5512983029 VAT nr. 60584 Our offices are open weekdays 9:00-16:00 Reykjavík Energy's Data protection policy 5166100 Contact Reykjavík Energy on Facebook Send invoice Send inquiry Við notum vafrakökur á þessari vefsíðu Við notum vafrakökur til að safna og greina upplýsingar um notkun og virkni vefsíðunnar, til að geta notað lausnir frá samfélagsmiðlum og til að bæta efni og birta viðeigandi markaðsefni. Nánar um vafrakökur Stillingar á vafrakökumLeyfa aðeins nauðsynlegarLeyfa vafrakökur Við notum vafrakökur á þessari vefsíðu ❮ ❯ * Flokkar * Söluaðilar * Vafrakökuyfirlýsing Vafrakökum sem eru notaðar á þessum vef er skipt í flokka og fyrir neðan geturðu lesið um hvern þeirra og leyft eða hafnað ákveðnum eða öllum flokkum. Ef flokki sem hafði áður verið leyfður er hafnað er öllum vafrakökum í þeim flokki eytt út úr vafranum þínum. Til viðbótar geturðu séð lista yfir kökur í hverjum flokki og ítarlegar upplýsingar í vafrakökuyfirlýsingunni. Nánar um vafrakökur Leyfa vafrakökurHafna öllum Nauðsynlegar kökur Sumar kökur eru nauðsynlegar fyrir grunnvirkni vefsíðunnar. Vefsíðan mun ekki virki rétt án þessara vafrakaka og þær eru því sjálfkrafa virkar og ekki hægt að hafna þeim. Stillingar Kökur í þessum flokki gera vefsíðunni kleift að geyma stillingar sem stjórna því hvernig vefsíðan lítur út eða hegðar sér fyrir hvern notanda. Virkni gæti m.a. boðið upp á að birta ákveðin gjaldmiðil, staðsetningu, tungumál eða litaþema. Tölfræðikökur Tölfræðikökur hjálpa okkur að bæta vefsíðuna með því að safna og greina upplýsingum um notkun hennar. Markaðskökur Markaðskökur eru notaðar til að rekja gesti slóð gesta á milli vefsíða sem gerir auglýsendum kleift að birta viðeigandi og grípandi auglýsingar. Cookie consent by CookieHub Vafrakökum sem eru notaðar á þessum vef er skipt í flokka og fyrir neðan geturðu lesið um hvern þeirra og leyft eða hafnað ákveðnum eða öllum flokkum. Ef flokki sem hafði áður verið leyfður er hafnað er öllum vafrakökum í þeim flokki eytt út úr vafranum þínum. Til viðbótar geturðu séð lista yfir kökur í hverjum flokki og ítarlegar upplýsingar í vafrakökuyfirlýsingunni. Nánar um vafrakökur Nauðsynlegar kökur Sumar kökur eru nauðsynlegar fyrir grunnvirkni vefsíðunnar. Vefsíðan mun ekki virki rétt án þessara vafrakaka og þær eru því sjálfkrafa virkar og ekki hægt að hafna þeim. Nauðsynlegar kökurNafnLénSöluaðiliRennur útcookiehub.orkuveitan.isCookieHub365 dagarcsrftokenorkuveitan.is364 dagar Stillingar Kökur í þessum flokki gera vefsíðunni kleift að geyma stillingar sem stjórna því hvernig vefsíðan lítur út eða hegðar sér fyrir hvern notanda. Virkni gæti m.a. boðið upp á að birta ákveðin gjaldmiðil, staðsetningu, tungumál eða litaþema. StillingarNafnLénSöluaðiliRennur úttableau_public_negotiated_localepublic.tableau.comVafra lokaðtableau_localepublic.tableau.comVafra lokaðvuid.vimeo.com400 dagar Tölfræðikökur Tölfræðikökur hjálpa okkur að bæta vefsíðuna með því að safna og greina upplýsingum um notkun hennar. TölfræðikökurNafnLénSöluaðiliRennur út_ga_.orkuveitan.isGoogle400 dagar_ga.orkuveitan.isGoogle400 dagarnmstat.orkuveitan.isSiteimprove400 dagar Markaðskökur Markaðskökur eru notaðar til að rekja gesti slóð gesta á milli vefsíða sem gerir auglýsendum kleift að birta viðeigandi og grípandi auglýsingar. MarkaðskökurNafnLénSöluaðiliRennur út__cf_bm.vimeo.com1 klukkutími_cfuvid.vimeo.comVafra lokað Söluaðilar okkar eru taldir upp hér fyrir neðan. Þú getur þanið út hvern söluaðila fyrir sig til að skoða nánari upplýsingar og breyta samþykki fyrir hans þjónustur. CookieHub CookieHub CookieHub is a Consent Management Platform (CMP) which allows users to control storage and processing of personal information. Cookies * cookiehub * Persónuverndarstefna Google Google Analytics Google Analytics is a web analytics service offered by Google that tracks and reports website traffic. Cookies * _ga_* * _ga * Persónuverndarstefna Siteimprove Siteimprove Cookies * nmstat * Persónuverndarstefna Cookie consent by CookieHub Vista stillingar Stillingar á vafrakökum