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The world’s largest carbon capture and storage plant begins operation in Iceland

Carbon  dioxide is a major greenhouse gas that's  driving climate change, so projects are underways to remove it from the atmosphere.

Key takeaways

  • Shifting away from fossil fuel use and generating less CO2 in the first place is the key to preventing global temperatures from rising 1.5 ºC (2.7 °F) above pre-industrial levels.
  • The plant in Iceland Traditionally, storing CO2 in underground reservoirs has carried the risk of leaks, but in 2016 a separate group of scientists working on the CarbFix project made a game-changing breakthrough.
  • Orca began operations this week and, according to Climeworks, will harvest 4,000 tons of CO2 from the air each year.
Cite or link to this article

Griffin, M. (2021) 'The world’s largest carbon capture and storage plant begins operation in Iceland', 311 Institute, 12 October. Available at: https://www.311institute.com/the-worlds-largest-carbon-storage-plant-begins-operation/ (Accessed: 1 October 2026).

Recently I talked about Drax who just kick started the world’s largest carbon capture project in the UK, and now an ambitious startup looking to eat into the world's carbon emissions has just taken its biggest bite yet after they flicked the switch on the what so far is the world’s largest Direct Air Capture (DAC) and CO2 storage plant.

Climeworks latest facility is designed to suck CO2 out of the air and lock it away permanently underground thanks to a pioneering mineralization process, and has a novel modular design which will make it a lot easier for the startup to scale the plant up and capture even more CO2.

Shifting away from fossil fuel use and generating less CO2 in the first place is the key to preventing global temperatures from rising 1.5 ºC (2.7 °F) above pre-industrial levels. However, there are a growing number of technologies emerging that may help us remove the CO2 that’s already in the Earth’s atmosphere - and which could play a part in helping us avoid dangerous levels of global warming.

Among those is DAC, which sits apart from carbon sequestration technologies that pull CO2 directly from power plants, and instead sucks it straight out of the air. Climeworks has been working at the forefront of this field since they were founded in 2009, its system using huge fans to draw ambient air through a filter that selectively captures the CO2 which can then be used in carbonated beverages, or in vertical farms to help grow vegetables bigger and faster.

The plant in Iceland

Traditionally, storing CO2 in underground reservoirs has carried the risk of leaks, but in 2016 a separate group of scientists working on the CarbFix project made a game-changing breakthrough. The researchers had been investigating how reactions between the gas and rocky underground materials can turn CO2 into solid minerals, a natural process that takes hundreds or even thousands of years.

This led to the discovery of a technique that significantly fast-tracks this process, shortening the time it takes to mineralize CO2 to less than two years. This drew the attention of Climeworks, which teamed up with CarbFix on a pilot project at ON Power's Hellisheidi geothermal power plant in Iceland in 2017. Here, the startup's DAC system was used to capture and safely stow away around 12.5 tons of CO2 over three months, turning it into the world's first negative-emissions power plant.

The Hellisheidi geothermal power plant is again home to the company's latest DAC facility, which is called Orca. Work began here in May 2020 relying on a modular construction method where the technology is packed inside stackable units. These units use half the steel of previous designs and also capture CO2 more efficiently, and sitting adjacent to the power plant, are powered entirely by renewable energy.

Orca began operations this week and, according to Climeworks, will harvest 4,000 tons of CO2 from the air each year. As it stands this is a drop in the ocean compared to the more than 30 gigatons, or 30 billion tons, of CO2 humans pump into the air every year, but is a marked improvement on what the company was capable of capturing just a few years ago. As it expands, the company plans to scale up its removal capacity to capture millions of tons of CO2 by the second part of this decade.

”Orca, as a milestone in the direct air capture industry, has provided a scalable, flexible and replicable blueprint for Climeworks’ future expansion," says Climeworks co-founder Jan Wurzbacher. "With this success, we are prepared to rapidly ramp up our capacity in the next years. Achieving global net-zero emissions is still a long way to go, but with Orca, we believe that Climeworks has taken one significant step closer to achieving that goal."

Source: Climeworks

FAQ

Why does this matter?

Carbon  dioxide is a major greenhouse gas that's  driving climate change, so projects are underways to remove it from the atmosphere.

Matthew Griffin

About the author

Matthew Griffin Founder, 311 Institute

Matthew Griffin is a multi-award winning Futurist and expert in Disruption and Innovation, Geopolitics, Leadership, and Technology, who NASA have described as a "walking encyclopaedia of the future" and a "futurist Polymath."

Read full bio

Matthew Griffin is a multi-award winning Futurist and expert in Disruption and Innovation, Geopolitics, Leadership, and Technology, who NASA have described as a "walking encyclopaedia of the future" and a "futurist Polymath." 15-time best selling author of the "Codex of the Future" series, Matthew is the Founder and Futurist in Chief of the 311 Institute, a global Futures and Deep Futures advisory firm working with royal households, world leaders, G7, G20, and G77 governments, NGOs, and multi-national mid and mega cap firms to help them explore, shape, and lead the next 50 years of business and society.

An award-winning YouTube creator with over a million followers, with an unrivalled global reach and impact, Matthew is a highly sought-after international keynote speaker, lecturer, and mentor who collaborates with global leaders through the United Nations Alliance of Civilizations (UNAOC) and United Nations General Assembly (UNGA) to shape pivotal initiatives such as the UN’s AI for Humanity program, the United Nations Conference of the Parties (UN COP), and the World Economic Forum in Davos.

As the former Global Head of Cloud, National Security, and Enterprise Sales for companies including Atos, Dell-EMC, and IBM, Matthew has a proven track record of building multi-billion dollar business units and turning failing divisions into market leaders. His ability to identify, analyse, and communicate the implications of hundreds of emerging technologies and trends is unparalleled, and his insights are trusted by many of the world’s most respected organisations, including ABB, Accenture, Adidas, AON, ARM, BCG, Centrica, Citi, Coca-Cola, Dentons, Deloitte, Dow Jones, EY, Google, KPMG, Lego, Legal & General, LinkedIn, Microsoft, PepsiCo, Qualcomm, RWE, Samsung, Siemens AG and Siemens Energy, T-Mobile, UBS, VISA, Walmart, Workday, Worldpay and many others.

Regularly featured in the global media including the AP, BBC, Bloomberg, CNBC, Discovery, Forbes, Khaleej Times, Telegraph, TIME, ViacomCBS, WIRED, and the WSJ, Matthews mission is to help organisations create a fair and sustainable future whose benefits are shared by everyone irrespective of their ability, background, or circumstances.

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Sources and further reading

  1. Climeworks climeworks.com
  2. pump into the air every year iea.org
  3. Climeworks launches orca climeworks.com

Source: first published by the 311 Institute on 12 October 2021. Cite as: Griffin, M. (2021). The world’s largest carbon capture and storage plant begins operation in Iceland. 311 Institute. https://www.311institute.com/the-worlds-largest-carbon-storage-plant-begins-operation/

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