Monday, March 4, 2013

Iceland:

Geothermal Energy in Iceland: Too Much of a Good Thing?  (Renewable Energy World.com)

Icelanders are not entirely convinced that exporting the country’s rich geothermal resource is a good idea. High-profile Icelandic blogger Lára Hanna Einarsdóttir says that everyone in Iceland “will pay” if the electricity is exported.  Instead she wants to keep the resource within the country’s borders for future generations.

On the flip side is, of course, money. Geothermal power is cheap in Iceland and the country could get a nice price for it, if it could sell the power to nations that need clean energy to meet their goals. Keep in mind that Iceland is a country still recovering from a massive financial crisis that hit in 2008.

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