Ségolène Royal, French Minister for Ecology, Sustainable Development and Energy today visited Carbon Recycling International's renewable methanol plant in Svartsengi, Grindavik, Iceland with Ragnheidur Elin Arnadottir, Minister for Industry and Commerce and several Icelandic and French officials.
Ms. Royal has for the past few days visited institutions and companies in Iceland that utilise geothermal and other renewable energy sources, at the invitation of the Foreign Minister and Minister of Industry.
During the visit, KC Tran, CEO of CRI, presented the technological innovations demonstrated in CRI's fuel plant, that is the first of its kind in the world. Only last week, Royal passed a major piece of legislation on energy policy for France, colloquially known as the "Royal Law" (fr. Loi Royal).
The French government has set an ambitious course for an energy transition for France, based on reuse, recycling and renewable energy sources with sweeping cuts in CO2 emissions in both the power sector, industry and transport. Technology such as the Emissions-to-Liquids (ETL) Carbon Capture and Utilization system pioneered by CRI in Svartsengi could be an important building block for the coming energy transition.