CarbFix was founded by four partners in 2007: the University of Iceland, CNRS in Toulouse, the Earth Institute at Columbia University in New York and Reykjavik Energy. Since then, several universities and research institutes have participated in the project
In 2011, the CarbFix project received funding through the 7th framework European Commission (EC coordinated action 283148). The partners involved in the project were; The University of Iceland, CNRS in Toulouse, France, Amphos21 in Barcelona, Spain, Nano Science center of Copenhagen University, Denmark, and the project leader Reykjavik Energy, Iceland.
The first pilot injections took place at Hellisheidi in SW-Iceland in 2012; in January-March 175 tonnes of pure CO2 were dissolved and injected at about 500 m depth and about 35°C, and in June-August 73 tonnes of 75%CO2-25%H2S gas mixture from the Hellisheidi geothermal plant was injected under the same conditions. The results from the first pilot injection were published in Science in 2016, and confirm the rapid mineralisation of the injected CO2. Results from the second pilot injection, published in the International Journal of Greenhouse Gas Control in 2017, indicate that the mineralisation of the injected H2S occurs even faster.
The injection experiments were scaled up in June 2014 as a part of the CarbFix-SulFix project, with injection of 65%CO2-35%H2S gas mixture at about 800 m depth and about 230°C. Approximately 2,400 tonnes of CO2 and 1,300 tonnes of H2S had been injected by the end of 2014. In 2016, the injection was scaled up again, doubling the amount of gases injected. The injection is ongoing.
In 2017 the project received funding through the European Union H2020 (Project ID 764760), to further develop the CarbFix method.