Ideas of a bio-energy plant up North East
The cost of building a bio-energy plant for the North East in Dysnes in the Eyjafjörður region could be around 5.1 billion ISK and its operations are expected to pay off in 15 years if the most optimistic plans for the operation’s margins are successful. This is reflected in a primary efficiency assessment carried out by the Association of Local Authorities and Economic Development in North Iceland (SSNE) and is currently being discussed by the municipalities.
A bio-energy plant will process organic waste and livestock fertilizers that were produced in the area to extract their value. This waste would otherwise be wasted and its disposal would have to be paid for. This can be a twofold advantage in reducing waste disposal and thereby also in creating value.
The main products are methane, biodiesel and compost used as fuel and soil improvers or fertilizers. The initial assessment report of the bioenergy plants concludes that the natural gas, fat extraction and biodiesel production facilities will be ready by the end of 2026, the methane production facilities by the end of 2027 and the waste incineration plant will be ready by 2030.
Various projects are already being developed in this field. Orkey produces biodiesel from edible oil, Molta extracts compost from organic waste, and Norðurorka produces methane gas from landfill gas from discarded dumps in Glerárdalur. The idea is to expand this operation and move it to a bio-power plant and add more components.