Facilities / Iceland / DAC

Climeworks Orca

Operational
Consortium Partners: CarbFix Climeworks

Press Releases & Coverage

2 sources

External reporting and primary sources for this asset, ordered from official announcements to references.

Asset Description

Project Overview

This full chain project is located in Iceland (Europe) and is currently Operational. The primary sector classification is DAC. The reported fate of captured carbon is Dedicated storage. Announcement year: 2018. Final investment decision year: 2020. Planned or actual operation year: 2021. Reported partners: Climeworks, CarbFix.

Governing Policy Ecosystem

Direct Link Regulatory 1998

Iceland Geologic Storage Act (Carbfix Mineralization)

Direct Link Regulatory 2022

Iceland CO2 Storage and Mineralisation Legal Framework (Law No. 67/2022)

Direct Link Regulatory 2025

Iceland Onshore Mineralization Storage Framework 2025

Reference Technical Standard 2025

Gold Standard Engineered Removals Activity Requirements (2025)

Reference Market 2024

ICAO CORSIA Carbon Offsetting & CCU Fuel Rules (2024)