Matt Roberts Posted over 2 years ago The methanol economy: 99.9% renewable energy. Is it too revolutionary and where is the market? There is another company that has already commercialized this technology, they are called Carbon Recycling International. Check out their info in Iceland. The trick in all of this is finding a affordable, less energy intensive way to produce the hydrogen that the facilities need. At CRI they have been using geothermal energy to create hydrogen. But really, this is the way to capture and utilize any renewable energy source, especially stranded solar and wind, and turn it into liquid electricity. Methanol can be used for turbines, auto and bus fuel, or biodiesel processes, so has an inherent value. Hydrogen is energy intensive, but with renewable energy sources it is manageable and doesn't create an ugly carbon profile for the fuel.