In 1905 a power plant was set up in , a town which is a suburb of Reykjavík. Reykjavík wanted to copy their success, so they appointed Thor Jenssen to run and build a gas station, Gasstöð Reykjavíkur. Jenssen could not get a loan to finance the project, so a deal was made with Carl Francke to build and run the station, with options for the city to buy him out. Construction starte.
[pdf] The facility is expected to deliver about 10% of Iceland’s 2030 Climate Action Plan targets for the energy and industrial sectors. The Steingerdur plant uses direct water capture to remove carbon dioxide (CO 2) and hydrogen sulfide (H 2 S) emissions from the geothermal steam cycle.
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