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Green by Iceland

The Global Energy Show

Iceland has been harvesting renewable energy for more than a century.

100% of electricity and house-heating needs are met with renewables in Iceland.  Furthermore, icelandic companies have been developing projects where CO2 emissions are captured, turned into stone and stored underground at an industrial scale. Turning green hydrogen and CO2 from geothermal power plants or other sources into liquid methanol for fuel application, greener chemicals, and products, has also advanced as a solution available worldwide.

We are joined by 3 Icelandic companies at booth, no. 1327, exhibition area. Find Icelandic expertise in renewable energy and carbon capture and storage/utilization there and learn more.

Icelandic speakers at the Global Energy Show

Áslaug Arna Sigurbjörnsdóttir, Iceland’s Minister of Higher Education, Science and Innovation

Áslaug Arna Sigurbjörnsdóttir, Iceland’s Minister of Higher Education, Science and Innovation was born in Reykjavik 30th November 1990. She holds a master’s degree in law from the University of Iceland.

Along her studies at the University she gained experience as journalist at the newspaper Morgunbladid and as a police officer in the southern district of Iceland.

She was at the forefront of the youth organisation of the Independent party as a chairman of Heimdallur, the association of young members of the Independent party in Reykjavik.

She was elected to the parliament in 2016 for the Reykjavik North Constituency and became deputy chairman of the parliamentary group and chosen to lead the Foreign Affairs Committee.

From 2015 she was the secretary of the Independent party until September 2019 when she was appointed Minister of Justice. She was Minister of Justice until November 2021 when she was appointed Minister of Higher Education, Science and Innovation.

Áslaug Arna is a keynote speaker at the strategic conference.

Kristinn Ingi Larusson, Head of Business Development and Commercialization at Carbfix

Mr. Kristinn Ingi Lárusson holds an MBA from the University of Edinburgh and a BSc degree in organizational management and international business from University of South Carolina Columbia. Kristinn has a vast global business operational background, including extensive experience in business development, financing, investment, asset management and banking operations as well as having served as a board member for several IT and financial companies both in Iceland and abroad. Kristinn joined Carbfix in 2020 heading business development and commercialization after having been the CEO of On-Waves (maritime mobile network communications) between 2013 and 2020 (Reykjavik, Rotterdam, Copenhagen). Prior to that Mr. Lárusson headed Siminn hf., business development since the privatization of the company in 2005 (London, Reykjavik and Copenhagen) and worked  in the banking industry for both Kaupthing bank and Reykjavik Savings Bank in corporate, investment banking as well as asset management from 1996.

Kristinn is a speaker at the technical conference.

Kristjana Kristjansdottir, Chief Commercial Officer at Carbon Recycling International

Kristjana has extensive international experience in the energy industry and carbon to value projects. She has developed and managed CO2 to methanol projects, including business development, strategic planning and bringing together diverse groups of stakeholders to achieve carbon capture and utilisation for production of sustainable methanol with CRIs Emission-to-Liquid technology solution.

Kristjana is a speaker at the technical conference.

Rikardur Rikardsson, EVP of Business Development and Innovation at Landsvirkjun

Rikardur Rikardsson is EVP of Business Development and Innovation at Landsvirkjun, the National Power Co. of Iceland, as well as MD of its international projects through the subsidiary Landsvirkjun Power. Rikardur also serves on the boards of various power and infrastructure related organizations and companies including Farice, Iceland´s international communications services and fiber operator, and energy startup Laki Power which provides next generation electric power transmission surveillance solutions.

In his previous employment Mr. Rikardsson led programmable chip maker Xilinx’s European service product offering and then worked in banking and consulting, including as director at Glitnir Bank and later as consultant at M&A advisory Capacent Glacier and McKinsey&Co. Since 2011 Mr. Rikardsson has worked for Landsvirkjun where he served as Director of Sales and Business Development prior to taking on his current role.

Mr. Rikardsson obtained his M.Sc. in electrical engineering from Stanford University in 2002 and PED in Business and Leadership from IMD, Lausanne, in 2017.

Rikardur is a speaker at the technical conference.

Meet the Icelandic companies

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Carbfix

Carbfix captures CO2 and turns it into stone underground in less than two years through proprietary technology. The company’s mission is to be a key instrument to tackle the climate crisis and substantially reduce global CO2 emissions. 

For further information, please contact Kristinn Ingi Larusson, Head of Business Development and Commercialization at Carbfix.

Carbon Recycling International

Carbon Recycling International is the globally-recognized leader in CO2 to methanol technology, operating at industrial scale since 2012. We enable our partners to produce renewable methanol from carbon dioxide and hydrogen, for more sustainable fuels, chemicals and products.

We work with industry around the world to develop transformative projects creating valuable products from waste gases and renewable energy. Our latest plant in construction will be the largest of its type in the world, recycling around 160,000 tons per year of carbon dioxide into methanol.

Our solutions are environmentally friendly and do not impact the food chain or land use.

For further information, please contact Kristjana Kristjansdottir, Chief Commercial Officer at Carbon Recycling International.

Landsvirkjun, the National Power Company of Iceland

Landsvirkjun was founded in 1965 as the National Power Company of Iceland. The company builds, runs and refurbishes hydroelectric, geothermal and wind projects. It now owns and operates 15 hydroelectric, 3 geothermal and 2 wind power stations in Iceland with an installed capacity of around 2,150 MW and annual generation about 14 TWh. Landsvirkjun is a leader in generation of electricity from renewable resources in Iceland and is among the larger renewable energy companies in Europe. The company expects to continue constructing new renewable power projects in the future. Our vision is that climate change can be managed through renewable energy solutions. We provide advisory and co-development partnership solutions across hydro and geothermal power value chains. We partner with technical and financial services and will consider co-investment opportunities. We provide expertise in development, construction and operations of renewable power schemes with main emphasis on hydropower and geothermal power plants, and a growing interest in wind power.

For further information, please contact Rikardur Rikardsson, EVP, Business Development and Innovation at Landsvirkjun/the National Power Company of Iceland