Are volcanoes the energy source of the future?
Iceland continues to advance geothermal technology, seeking to export energy to Europe if things are successful.
“The Reykjanes Peninsula, a finger of black rock jutting out over the Mid-Atlantic Ridge from Iceland’s southwestern coast, has long leveraged its unique volcanic geology into economic opportunity. Its spectacularly carved edifices and vast lava fields draw naturalists from around the globe, while geothermal pools heated by deposits of steam and magma deep below ground provide the anchor for a thriving resort economy.
The region is even powered by this geology; the 12 geothermal wells feeding 600-degree steam into the two turbines at Reykjanes Power Station provide a collective 100 megawatts of power for the surrounding area, enough to power many tens of thousands of homes.” – cnbc.com
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