Iceland: 45 MW Theistareykir Geothermal Power Plant to Start in 2017

Theistareykir Geothermal Power Station, Iceland (Power Technology)

The Theistareykir (Þeistareykir) geothermal power station is being developed by Þeistareykir, a subsidiary of the National Power Company of Iceland (Landsvirkjun), in North East Iceland. Phase one of the two-phased 90 MW (2x45 MW) power project is scheduled to start operations in October 2017.

The project is being developed to primarily complement the growth of the industrial sector in North Eastern Iceland. The project site covering an area of approximately 24km² is located approximately 50km from the city of Akureyri.

The construction of the geothermal power station started in April 2015 and is expected to generate approximately 145 jobs. The annual output from the two-phased project is expected to be 738 GWh. Phase two of the project is expected to start operations in 2018.

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