Brim participates in an international research project in the field of energy conversion

The STORM project (System Transition to Renewable Marine Fuels in the Nordics from a Supply Chain Perspective) is an international research initiative, partly funded by Nordic Energy Research. The project is carried out by five research institutions and eight stakeholders, with Icelandic partners including the University of Iceland, Brim, Faxaflóahafnir, and Eimskip. The foreign participants come from Sweden and the Faroe Islands. Each of these partners has different interests in the project. The estimated cost of the project is €944,000.

The aim of STORM is to support the energy transition in ocean-related activities, including fisheries and maritime transport. The project takes a holistic approach, but the energy transition in these sectors must also be viewed in the broader context of the energy transition in other sectors, including the production of energy from sources other than fossil fuels. The project will assess the potential for domestic fuel production as well as the opportunities for improving energy efficiency in ocean-related activities. It will compare various options, focusing on both economic and environmental dimensions. Barriers and drivers for change will be identified, and the necessary government actions required to make the energy transition in ocean-related industries a reality will be outlined.

The project began in late 2024 and is scheduled to run until 2027. While it is in its early stages, the insights gained over the course of the project will provide valuable knowledge to guide the transition to renewable marine fuels in the Nordic region.