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In proportion to its population, the Nordic region—Denmark, Finland, Iceland, Norway and Sweden—is strikingly ahead of the rest of the world in adopting electric cars. Norway, Iceland and Sweden have the highest ratios of EVs per person, globally.
CRI, founded in 2006 in Reykjavik, Iceland, is developing technology to produce renewable methanol from clean energy and recycled CO 2 emissions. CSI says this is the world’s first production of a liquid renewable transport fuel from non-biological sources of energy. Currently the company has a 4,000 metric ton/year production capacity.
Through Power to X (PTX), the conversion of renewable energy to other usable forms, green e-methanol is an optimal solution for Denmark to store excess renewable power, stabilize its national powergrid, and produce a sustainable carbon neutral renewable fuel.
This stretch, called Iris, will link Iceland to Ireland. In subsequent years, the Far North Fiber project will lay down a cable through the Northwest Passage, connecting Iceland to Greenland, then Canada, Alaska, and finally Japan.
If it’s manufactured on a ‘dirty’ powergrid it becomes a major source of emissions over the EV lifecycle. The New Zealand PowerGrid. New Zealand has the third highest rate of renewable energy as a portion of primary supply in the OECD (after Norway and Iceland). THE BOTTOM LINE.
If it’s manufactured on a ‘dirty’ powergrid it becomes a major source of emissions over the EV lifecycle. The New Zealand PowerGrid. New Zealand has the third highest rate of renewable energy as a portion of primary supply in the OECD (after Norway and Iceland). THE BOTTOM LINE.
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