Energy

• Energy-Iceland Facts

  • 73% HEP
  • 27% Geothermal
  • 100% of Iceland's energy is renewable
  • Geothermal energy is estimated to be 30-50% cheaper than fossil fuels for heating purposes.
  • The geothermal industry in Iceland employs over 1,000 people directly and contributes significantly to the economy.
• Energy-Iceland

  • As a country they are self sufficient and do not need to rely on other countries for power.
  • The renewable energy sector has attracted investment and stimulated economic growth, particularly in rural areas where many hydro-power and geothermal projects are located.
  • Makes it cheaper for the public to heat their homes.
• Energy-Iceland

  • Sits between the North American plate and the Eurasian plate which are both moving apart, providing Iceland with heat from below for geothermic energy.
  • Nesjavellir geothermic power station is one of the 7 main geothermic stations in Iceland.
  • Capital City- Reykjavík
  • Energy is 1/3 the price for Icelandic people than UK people.
  • Iceland's aluminium industry makes up 40% of it's exports.
  • Energy is also used for bitcoin mining, agriculture and also hot water travels under roads in Iceland to prevent icy roads.