Icelanders Divided Over Geothermal Energy Export Plans (IceNews)
Iceland’s population is divided over the country’s plans to export geothermal energy to Europe. The island nation has long had excess amounts of inexpensive geothermal energy thanks to its location on one of the earth’s most active seismological regions. The majority comes from the power station at Krafla and Iceland’s state-backed power firm currently only sells about 17 per cent of its output to the country’s industry and residents. The remainder is sold to international companies such as the US-owned aluminium processing giant Alcoa.
Now, authorities are looking to send excess power southward via a massive under-sea cable to Scotland, although the £1.3 billion project has met resistance from Icelanders that fear the country could loose the self-reliance that local residents pride themselves on.
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