President of Iceland gives geothermal perspective
The competitor to this methanol is normally made using natural gas or coal. “What we are making is not just a chemical; what we are making is an energy carrier for renewable power,” noted the director. From steam to a liquid fuel and this means the footprint for impact on the environment is totally different than from a regular fossil fuel.
“By eliminating this carbon dioxide that would have otherwise been admitted into the atmosphere, we are converting it into liquid fuel that has much greater value for fuel as a car than having electrons sitting somewhere in Iceland,” he concluded.
The other stop of the day during blizzard conditions was a greenhouse tour showing how a greenhouse nursery operation of 6,000 square meters produces lettuce and herbs year round using geothermal hot water for heat and being electrified by geothermal generated electricity.
Hafberg Thorisson, master grower and owner of Lambhagi nursery, explained how his operation works, which also demonstrates the potential for humongous greenhouse operations located near the geothermal electric plants. Thorisson explained how he established a lettuce market in Iceland because prior to his 1979 start up “nobody liked to eat salad here.” Taste sampling at grocery stores was one main way of promoting his leaf lettuces.
Thorisson is currently cooperating with China under a partial ownership stake in establishing greenhouses in China based around his model. He will also be erecting a greenhouse of piped hydroponics in 2013 to raise algae for Omega 3 oil for human consumption, cosmetics and medical purposes. This will be an export product from Iceland.