Project Silverstone, an innovative EU-funded project will deploy full-scale CO₂ capture, injection, and mineral storage at the Hellisheiði ON Power plant, reaching one of the world's first near-zero carbon footprint geothermal power plant. This project alone will deliver 10% of Iceland's Climate Action Plan calls for by 2030 within the energy and industrial sectors not covered by the EU ETS.

Silverstone
Nesjavellir
Carbfix's Silverstone project marks a significant advancement in CO₂ capture and injection, driving Iceland closer to its 2030 climate goals.
12K
t
Annual CO₂ injection
34K
t
Annual CO₂ capture & injection once fully commissioned
3.9M
€
Grant from EU Innovation fund
Stats concent
The Silverstone project aims to optimise and scale up the Carbfix technology by designing and constructing a capture plant facility that, once in operation by ON Power, will capture and store nearly all of the power plant‘s CO₂ emissions. Building on experience from the Nesjavellir demonstration capture plant developed within the H2020 project GECO (Geothermal Emission Control), the capturing efficiency of the Silverstone plant will be considerably higher than that of the existing Hellisheiði capture plant. With the integration of the new Silverstone capture plant the annual capturing capacity will increase to up to 34,000 tonnes of CO₂ per year which will reduce the plant’s emissions by 95%. This is an increase from the current capture plant capacity of around 12,000 tonnes of CO₂ per year. For the planned scale-up, the site is entirely self-sufficient with respect to water, energy, storage and does not depend on any external feedstock.


Emission Trading System. Innovation Fund
Visit arrangements, scientific inquiries, or any general questions
Discover our solutions and how we can work together
Contact us for your story needs, or any media related questions
Explore career openings and join our growing team of Carbfixers