New Iceland Tech Shakes Up Global Geothermal Energy

Amongst the many common facts about Iceland (Björk, Chess in Reykjavik, and Viking Sagas), many know the island’s nickname, “The Land of Fire and Ice.” Beautiful landscapes draw tourists to volcanos and geysers, contributing to an internationally renowned clean energy model that derives 99% of power from clean energy through a combination of geothermal and hydropower sources. The geothermal element of this framework is vital for the model’s success and profitability. The conventional wisdom once posited that Iceland’s energy model was unique and could not be widely exported and replicated. Now, thanks to a series of scientific innovations, Iceland may end up as a model for energy policy in many countries and regions worldwide.

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