Iceland’s famous for its breathtaking scenery, its geysers, its Blue Lagoon–and for sitting astride the Mid-Atlantic Ridge. Among energy wonks, Iceland is also well known for using its abundant renewable energy, and especially for tapping the volcanic roots of the island in developing its geothermal resources.
Iceland today generates 100% of its electricity with renewables: 75% of that from large hydro, and 25% from geothermal. Equally significant, Iceland provides 87% of its demand for hot water and heat with geothermal energy, primarily through an extensive district heating system.
Altogether, hydro and geothermal sources meet 81% of Iceland’s primary energy requirements for electricity, heat, and transportation. This must be a record in the modern era. Certainly Icelandic politicians think so, because they frequently make reference to it.
Role of Iceland Geothermal
The main role of the Iceland Geothermal Cluster Initiative is to promote Iceland “As the land of geothermal energy and geothermal utilization”. In Iceland 70% of primary energy consumption is from geothermal energy, and 100% of primary energy in the country is renewable.
The purpose of the organization is to stimulate competitiveness within the Icelandic Geothermal Cluster, add value, and improve the utilization of Iceland’s geothermal energy.
The main goals are to create new opportunities within the geothermal energy sector, facilitate cooperation with the aim of exporting services and building new partnerships, create a strong global geothermal value chain to enhance geothermal utilization worldwide. Provide benefits to the sector as well as to developing countries and protecting and valuing the environment.
The Cluster’s cooperation is based on ten defined cooperative focus areas all of which aim to strengthen the infrastructure of the Icelandic geothermal cluster. These focus areas resulted from a special workshop that was held amongst the cluster members in May, 2011.
1. Diverse Usage
2. Project Management
4. Equipment: Development and Maintenance
6. Iceland Geothermal Conference
7. Operational Environment
8. Data Collection
9. Cluster Networking