Iceland’s Deep Drilling Geothermal Energy Project

 

by Shannon O’Neill

Iceland’s unique geology has made it a prime region for the development of geothermal energy. Specifically, the Reykjane Peninsula, located on the Mid-Atlantic Ridge on the southwestern coast and the home of four volcanoes, is a prime region for such development. Its volcanic geology provides geothermal pools that are heated by the steam and magma deep below the service. Geothermal wells harvest the heat from the pools to power turbines, providing one hundred megawatts of power, enough to power thousands of homes in the region. Iceland is powered almost solely on renewable energy resources, with geothermal energy contributing to a fourth of such resources. Continue reading