🇮🇸 Geothermal and CUUS solutions discussed at Colorado-Iceland Clean Energy Summit

July 9, 2024


Some of the participants at the Our Climate Future event in Denver.

Business Iceland co-hosted the “Our Climate Future: Colorado-Iceland Clean Energy Summit” with the Embassy of Iceland in Washington D.C. in Denver on June 20th, in partnership with the State of Colorado and Denver Economic Development & Opportunity.

Iceland is an international leader in geothermal technology, advancing carbon management technologies to cut pollution and improve air quality.

At the summit, government officials, energy industry leaders, businesses, and other stakeholders from both Iceland and Colorado highlighted advancements in technology and explored collaborative opportunities to accelerate the transition to clean energy. Speakers included Governor Jared Polis; Colorado Energy Office (CEO) Executive Director Will Toor; Energy and Carbon Management Commission Director Julie Murphy, Iceland’s Ambassador to the United States Bergdís Ellertsdóttir and Árni Magnússon, CEO of ISOR and Chairman of the Iceland Renewable Energy Cluster. The Colorado-Iceland Clean Energy Summit webpage has a complete list of speakers and the summit agenda.

“Iceland is the world’s largest per capita clean energy producer, having harnessed geothermal heat to meet its energy needs for over a century,” said CEO Executive Director Will Toor.
“Iceland’s extensive experience using geothermal technology makes it an invaluable partner as we work to adapt and advance new and existing geothermal technology in Colorado. Colorado and Iceland can set an example for countries worldwide to take advantage of this important clean energy resource.”

In addition to geothermal energy, Iceland and Colorado are both innovation hubs for new carbon management technologies, including point-of-source carbon capture and storage (CCUS) and direct air capture (DAC). Alongside emissions reduction measures like fuel switching and process improvements, CCUS can help hard-to-decarbonize sectors such as industry and manufacturing to achieve key climate goals.

“The Colorado-Iceland Clean Energy Summit brought together clean energy leaders to engage with and learn from each other, forging a strong international partnership and opening doors for future collaboration,” said Iceland’s Ambassador to the United States, Bergdís Ellertsdóttir.
“The work that Iceland and Colorado are doing to advance geothermal energy and carbon management technologies will make these emissions reduction strategies more accessible and affordable to implement, helping mitigate climate change, address increasing global energy costs, and enhance energy independence and security worldwide.”

Below are some photos from the event.

Panel discussion at the Colorado-Iceland Clean Energy Summit June 20, 2024

Originally published on 2 July by Íslandsstofa.

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