Objective
Headquartered in Reykjavik, Iceland, Carbon Recycling International (CRI) is the world leader in power to methanol technology. The company has accumulated a decade of experience in solving the problems of economical CO2 capture and valorisation as well as reliable and cost effective large-scale production of hydrogen by electrolysis.
CRI invented a new integrated process for sustainable low-carbon intensity fuel production. CRI’s Emissions-to-Liquids (ETL) technology has been scaled up from a laboratory scale pilot to an operating industrial scale plant with a capacity of 4,000 tons/year methanol production.
Low carbon intensity methanol production with CRI technology reduces carbon emissions by more than 90% compared to fossil fuels. ETL is a sustainable process of renewable fuel production which has no impact on our food chain or land use. Methanol produced by CRI can also be directly used in the chemical industry for the manufacturing of sustainable goods such as paints and plastics.
CRI aims to up-scale its current plant scale and offer a standard, modular ETL plant design with nominal 50.000 t/yr methanol production capacity. The improved ETL technology achieved with the current innovation project, will enable CRI to efficiently operate using variable power sources or stranded energy assets. One of the defining characteristics of renewable power sources such as wind and solar is their interment and variable production levels. High capacity factor production sites are often untapped or under-utilized due to the lack of adequate transmission line access or capacity. CRI will provide a means to valorise under utilized renewable energy sources.
Our mission is that by 2022 in total 1million tn/yr methanol capacity is commissioned. This corresponds to 1.45 million tonnes of CO2 recycled per year. With a proven and scalable technology, based on predictable costs, limited competition and vast market potential, CRI has a strong foundation to achieve its mission.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology environmental engineering energy and fuels fossil energy coal
- engineering and technology environmental engineering energy and fuels fossil energy natural gas
- engineering and technology electrical engineering, electronic engineering, information engineering electrical engineering power engineering electric power transmission
- natural sciences chemical sciences organic chemistry alcohols
- engineering and technology industrial biotechnology biomaterials biofuels
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy
MAIN PROGRAMME
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H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2016-2017
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
201 Kopavogur
Iceland
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.