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

Why methane belongs in the UK's Energy Independence Bill

Why methane belongs in the UK's Energy Independence Bill

Statutory measures to reduce methane emissions could both strengthen Britain's energy security and accelerate the shift to clean power, writes Kim O’Dowd from the Environmental Investigation Agency

Kim O’Dowd, Environmental Investigation Agency
clock 02 June 2026 • 3 min read
UK net zero economy tops £105bn and supports 1.1 million jobs

UK net zero economy tops £105bn and supports 1.1 million jobs

UK's burgeoning net zero industries hailed as economic 'powerhouse' following latest study from CBI Economics

Michael Holder
clock 02 June 2026 • 6 min read
Drax agrees £548m deal for Bluefield Solar in 'biggest acquisition' to date

Drax agrees £548m deal for Bluefield Solar in 'biggest acquisition' to date

Biomass energy giant moves to acquire clean energy operator in bid to 'substantially grow' renewables generation business

Stuart Stone
clock 01 June 2026 • 3 min read