Incorporating CO2 Electrolysis Into the ETL Process

Carbon Recycling International (CRI) develops, markets, and produces renewable methanol from industrial CO2 emissions. The company markets and distributes renewable methanol (RM, Vulcanol) in EU and Iceland. Vulcanol can be blended with gasoline in low level blends suitable for all gasoline powered cars. CRI is planning larger production at other sites in Iceland.

JOB SUMMARY: The goal of the project is to calculate the optimal CO2 electrolysis unit capacity to be incorporated into the ETL process. The main consideration is to account for the trade-off between: CO2 electrolyser CAPEX & OPEX vs. reduced H2 electrolyser, reactor, compressor, distillation column, etc. CAPEX & OPEX. If CO2 electrolysis is not economically feasible at the moment, the study can calculate the optimal unit capacity to “break-even” at potential future CAPEX prices or potential future unit efficiencies.

QUALIFICATIONS: At least a B.Sc. degree in Chemical Engineering

Professional skills: Practical problem solving, rigorous quantitative reasoning, creativity, quality drive and excellent communication and reporting abilities

Computer skills: MS Office (Excel, Word etc.), PFD/P&ID drawing software (Visio or equivalent), process simulation software (CHEMCAD, Aspen or equivalent), high-level technical computing language (MATLAB or equivalent)

Ability to self-check own work products

Compliance to CRI’s reviewing procedures and documentation control system

SKILLS: Ability to do independent fact finding and analysis

Excellent English writing skills

Good analytical skills

Excellent Excel and PowerPoint skills

Proven experience in financial modeling and writing reports.

TASKS: Creating a task list and outlining the scope of the project

Writing memorandum(s) and a final report(s)

Gathering information and data

Design and calculations

Collaboration with CRI staff and other interns at the division

Weekly reporting

Bi-weekly presentations

DELIVERABLES: Reports and models accepted by supervisors