Clean heating, carbon storage, and direct air capture: How Iceland could carve out a net zero economy for the world to follow

Cecilia Keating
clock • 8 min read
The geodesic domes at the Hellisheidi power plant where CO2 mixed with water is injected underground  |Sigurður Ólafur Sigurðsson
Image:

The geodesic domes at the Hellisheidi power plant where CO2 mixed with water is injected underground |Sigurður Ólafur Sigurðsson

Half an hour's drive from Reykjavik, several racks of giant fans are erected on billboard-sized metal blocks, primed and ready to suck carbon dioxide from the cold Icelandic air. The unusual-looking contraption...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Octopus Energy unveils Nook home battery storage range

Octopus Energy unveils Nook home battery storage range

Product range includes both plug-in batteries for apartments and renters, as well as larger, wall-mounted systems for homeowners

Michael Holder
clock 22 June 2026 • 2 min read
Corporate giants urge governments to power up electrification plans

Corporate giants urge governments to power up electrification plans

More than 100 global businesses have issued a joint statement calling on governments to prioritise electrification in response to global energy and price shocks

clock 22 June 2026 • 3 min read
Why factory decarbonisation is key to food manufacturing resilience

Why factory decarbonisation is key to food manufacturing resilience

Partner Insight: Tetra Pak explains how a whole-factory view can turn lower emissions and better resource efficiency into stronger growth and more durable competitive advantage

Gilles Tisserand, Tetra Pak
clock 22 June 2026 • 5 min read