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Circlenergy SIGNED

Production of renewable methanol from captured emissions and renewable energy sources, for its utilisation for clean fuel production and green consumer goods

Total Cost €

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EC-Contrib. €

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Partnership

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 Outcomes and results

 Circlenergy project word cloud

Explore the words cloud of the Circlenergy project. It provides you a very rough idea of what is the project "Circlenergy" about.

employees    etl    consume    emissions    sustainability    2006    conventional    contaminating    coal    easily    plant    emits    co2    1500    supply    off    certification    proprietary    emitting    competition    global    atmosphere    employment    energy    huge    crop    approximately    founded    plus    plants    additives    recycling    sources    supports    limited    certified    carbon    helps    population    2024    international    plastics    stricter    eradicating    payback    fights    carrier    regarding    operate    regulations    quality    produces    transportation    food    renewable    biofuels    expansion    building    times    water    methanol    health    investment    fossil    fuel    nowadays    15    industrial    air    store    skilled    vulcanol    human    res    ethical    attract    liquids    consuming    olah    biofuel    efficient    natural    dependent    cri    creation    chemical    fuels    million    95    agreements    stabilizing    iceland    warming    effect    close    block    reg    clean    fulfil    iscc    george    solvents    transport    annual    peak    purposes    adapt    improves    power    mining    jobs    grid    economically    gas    supporting    industry    profit    kt    land    drilling    25   

Project "Circlenergy" data sheet

The following table provides information about the project.

Coordinator		 CRI EHF 

Organization address
address: HOLTASMARA 1
city: KOPAVOGUR
postcode: 201
website: www.cri.is

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.
 Coordinator Country Iceland [IS]
 Project website http://www.cri.is/circlenergy
 Total cost 2˙610˙543 €
 EC max contribution 1˙827˙380 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-2
 Funding Scheme SME-2
 Starting year 2019
 Duration (year-month-day) from 2019-01-01   to  2020-12-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    CRI EHF IS (KOPAVOGUR) coordinator 1˙827˙380.00

Map

 Project objective

Methanol, needed in industry as a chemical building block (plastics, solvents, additives) and as transportation fuel, has been traditionally produced from coal or natural gas, dependent on fossil fuels (limited supply), contaminating land (mining, drilling) and emitting CO2 to the atmosphere (global warming effect). Nowadays, crop-based biofuels are also used with the same purposes, but consume huge water and land resources for their production. Carbon Recycling International (CRI), founded in 2006 in Iceland, produces renewable methanol (currently 4 kt/year in the George Olah plant) from industrial CO2 emissions and Renewable Energy Sources (RES), through a novel process of clean fuel production (Vulcanol®). This proprietary technology is called Emissions–to-Liquids (ETL) and is certified ISCC Plus by the International Sustainability and Carbon Certification system. While conventional production of methanol emits up to 4 t CO2/t methanol, our ETL plant fights global warming by consuming 1.4 t CO2/t of Vulcanol® produced and requires approximately 1500 times less land and up to 15,000 less water than crop based biofuel, eradicating ethical concerns about competition between biofuels and human food production. Vulcanol® is an efficient energy carrier that can be used to easily store and transport off-peak renewable energy, stabilizing the power grid and supporting expansion of RES. ETL helps to fulfil stricter EU regulations regarding the use of advanced renewable fuels and RES; improves air quality in industrial areas, thus, health of their population and employees and supports employment creation (25 skilled jobs per ETL plant). During this phase 2, CRI aims to a) scale up the technology and adapt ETL plants to economically operate with RES, b) to attract investment to build and operate ETL plants and c) to close distribution agreements for the produced Vulcanol®, which by 2024 will provide an annual profit of €95.4 million and an 8.2 years payback.

 Deliverables

List of deliverables.
Interim Summary of Communication Activities Documents, reports 2020-04-16 13:45:49
Circlenergy Website Implementation Websites, patent fillings, videos etc. 2020-01-21 18:00:02

Take a look to the deliverables list in detail:  detailed list of Circlenergy deliverables.

 Publications

year authors and title journal last update
List of publications.
2019 Carbon Recycling International (CRI)
From harmful gas to essential fuel: The evolution of CO2 recycling
published pages: , ISSN: , DOI: 		Chemicals Technology 2020-02-20
2019 Carbon Recycling International (CRI)
Curbing Carbon Emissions with Green Methanol
published pages: 18-19, ISSN: 0302-0797, DOI: 		The Chemical Engineer Issue 942/3 2020-02-19

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The information about "CIRCLENERGY" are provided by the European Opendata Portal: CORDIS opendata.

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