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Towards the Hydrogen Economy. Iceland's Vision. ICELAND. Iceland's economic policy. Sustainable use of natural resources. Renewable Energy in Iceland. Over 70% of energy used in Iceland comes from renewable resources Electricity and space heating is provided by renewables

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slide2

ICELAND

Iceland's

economic

policy

Sustainable use of natural resources

renewable energy in iceland
Renewable Energy in Iceland
  • Over 70% of energy used in Iceland comes from renewable resources
  • Electricity and space heating is provided by renewables
  • Fossil fuels are imported for vehicles, shipping and industrial processes
primary energy consumption in iceland 1940 2000
Primary Energy Consumption in Iceland 1940 - 2000+

140

Proportional consumption

130

100%

Coal

120

80%

Oil

110

60%

100

Geothermal

Coal

40%

PJ

90

20%

Peat

80

Hydro

Oil

0%

70

1940

1950

1960

1970

1980

1990

2000

60

50

Geothermal

40

30

20

10

Hydro

0

1940

1945

1950

1955

1960

1965

1970

1975

1980

1985

1990

1995

2000

potential for electricity production twh a from renewable resources

Hydro

Geo-thermal

Together

Economical and environmentally viable potential

30

20+

50

Annual production in 2003

7,1

1,4

8,5

Percentage of potential

24%

7%

17%

Potential for Electricity Production (TWh/a) from Renewable Resources

Hydro

Geothermal

iceland s benefits from hydrogen
Iceland´s benefits from hydrogen
  • Increased use of local renewables
  • Renewable energy for vehicles
  • Renewable energy for ships
  • Energy security
  • Cleaner Environment
  • Sustainable Energy Economy
hydrogen
Hydrogen
  • The lightest element
  • 90% of the material world
  • Water is composed of Hydrogen and Oxygen
  • Hydrogen Fusion keeps the stars glowing
slide9

Hydrogen derives from diverse sources

Transportation

.

Biomass

Hydro

Wind

Solar

Geothermal

HIGH EFFICIENCY & RELIABILITY

Nuclear

Distributed Generation

Oil

ZERO/NEAR ZEROEMISSIONS

Coal

With Carbon Sequestration

NaturalGas

storing energy for use on demand
Storing energy for use on demand

Hydrogen can be used for

  • storing geothermal energy during

off-peak hours

  • stabilazing wind and solar energy systems
  • providing stable current for electrical grids based on renewable energy
advantages of hydrogen
Advantages of Hydrogen
  • Abundant
    • The most common element in the Universe
  • Clean
    • Causes no pollution when used in Fuel Cells and extremely small emissions in IC Engines
  • Secure
    • Hydrogen production is not restricted to certain regions or limited deposits, ensuring constant supply
  • Efficient
    • Fuel Cells are almost twice as energy efficient as conventional IC engines
  • Versatile
    • Can be generated with any primary energy source
the hydrogen economy
The Hydrogen Economy

The Hydrogen Economy

towards a hydrogen economy
Towards a Hydrogen Economy
  • The introduction of hydrogen as an energy carrier will decrease Iceland's reliance on fossil fuels
  • Hydrogen from renewables lays the ground for a sustainable energy economy
  • Iceland is committed to the goals of the Hydrogen Economy
  • The Government has offered Iceland as a platform for hydrogen research and development
icelandic new energy ltd ine

VistOrka shareholders:

Icel. New Business Venture Fund

Reykjavik Energy

The National Power Company

Sudurnes Regional Heating Corp

University of Iceland

The Technological Institute of Iceland

Fertilizer Plant

Aflvaki hf

Government of Iceland

Icelandic New Energy Ltd (INE)

Majority shareholder: 51%

Icelandic Holding Company

VistOrka hf (EcoEnergy)

Shell Hydrogen 16,33%

DaimlerChrysler 16,33%

Hydro 16,33

key projects

2. Fuel cell passenger vehicles

Demonstration

program

Gradual introduction into

passenger car fleet

3. Fuel cell fishing vessel demonstration

Demonstration

program

Gradual introduction into

fishing fleet

Key Projects

1. Fuel cell bus demonstration: ECTOS 7MEuro

Demonstration

program

Gradual introduction into bus fleet

2000

2002

Time

slide16

Fueling infrastructure for the future

First commercial station April 2003

international cooparation
International cooparation
  • New technologies and standards have to be developed for hydrogen as an energy carrier
  • Single countries cannot develop hydrogen economy in isolation
  • Hydrogen Economy cannot be achieved without international cooperation
accelerating development
Accelerating development
  • IEA working on hydrogen development through the Hydrogen Implementing Agreement (HIA) since 1977
  • The EU Hydrogen and Fuel Cells Technology Platform established in 2003
  • The International Partnership for Hydrogen Economy (IPHE) established in 2003
international projects
International Projects
  • Standards have been set for international collaborative hydrogen projects
  • Numerous projects have been recognized on hydrogen production, storage, fuel cell testing, standards, safety etc.
  • The projects have accelerated international private and public cooperation on hydrogen development
slide21

CUTE and ECTOS Hydrogen Cities

Reykjavik

Stockholm

Hamburg

London

Amsterdam

Luxemburg

Stuttgart

Madrid

Barcelona

Porto

iphe partners

Russian

Federation

USA

Canada

Iceland

Japan

United

Kingdom

South

Korea

France

China

Germany

India

Italy

IPHE Partners
  • $35 Trillion in GDP
  • 85% of world GDP
  • 3.5 billion people
  • 75% of electricity used
  • 2/3s of CO2 emissions and energy consumption

European

Commission

Australia

Brazil

Norway