CCS Project


The Silverstone project will apply Carbfix technology in a new CO2-optimized capture plant at the Hellisheidi geothermal power plant in Iceland. More specifically, by 2025 with the addition of the Silverstone project (25.000 tCO2/year) to the existent pilot scale CO2 capture facilities (12.000 tCO2/year), 37.000 tCO2/year will be captured, dissolved into the water and injected into basaltic formations for permanent mineral storage.
Project type:Storage Participants:Carbfix ON Power Country:Iceland Type of capture:Power Production (BECCS) IOGP members involved: No Planned start of operation: 2025 CO2 capacity at start date: 0.037 CO2 capacity after completion: Status: In operation Type of storage: Basalt rock-formations Funding and support scheme: Innovation Fund Info related to the funding and support scheme: 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. Total cost of the project: 6.44 million euros. Notes: Links: