Iceland talks about new energy batteries

Could a new fuel system be a viable solution in Iceland?

Variety of fuels will be on the market but for now it seems that a possible solution in Iceland would be to utilise the methane that is possible to capture from landfill sites (could replace 5-10% of the fuel market) and then to have electro-mobility based on BEV and FCEV´s replacing other vehicles depending on the customer needs and demands.

Why did the Icelandic team want INE to participate?

The Icelandic team wanted INE to participate in broader project – i.e. all activities related to renewable fuel that could be produced in Iceland, methane, biodiesel, battery activities and of course continue with the hydrogen work.

Can nanotechnology be used in recharging lithium ion batteries?

Icelandic firm Nanom (previously Greenvolt) has raised $3 million in seed funding in their goal to apply nanotechnology to existing nickel-iron and lithium-ion batteries. In doing so, the company claims to add 9x the energy density, recharging rates and lifecycle capabilities to the century old technology.

Why did Iceland start a hydrogen company?

The company was formed in 1999 following a declaration from the Government of Iceland declaring (in 1998) that Iceland would like to explore the possibility of exchanging from a fossil fuel paradigm in transport to utilising hydrogen.

Could nanom be a new energy storage device?

The funding arrives via an EU Green Deal funding, Iceland Venture Studio, and Village Global, whose network includes Bill Gates, Mark Zuckerberg, Jeff Bezos, and Reid Hoffman. Looking beyond just battery technology, Nanom is reporting that their tech will enable any structure of surface to become an energy storage device.

What was the goal of RD&D in Iceland?

The goal was to test at least 20 vehicles, but in the end the vehicles became 35 from various producers, Daimler, GM, Toyota but the bulk of the vehicles came from Ford. The goal in Iceland was to connect the RD&D part of hydrogen work with the potential serial production of FCEV (fuel cell electric vehicles) vehicles.