• Energy
Because of the special geological situation in Iceland, the high concentration of volcanoes and geothermal energy are very often used for heating and production of electricity.  The energy is so inexpensive that in the wintertime, some pavements in Reykjavík and Akureyri are heated as to keep them snow- and ice free.Iceland still has large resources of competitively priced hydroelectric power and geothermal energy remaining to be harnessed.  What sets Iceland apart from most other countries is that its competitively priced electricity is produced using environmentally-friendly sustainable hydro- and geothermal energy, which has already attracted foreign investors to Iceland in fields such as production of aluminium and ferro-silicon.  ....More
  • Energy in Iceland
With the help of strong international companies like DaimlerChrysler, Norsk Hydro and Shell Hydrogen, Icelandic New Energy is heading for an economy which is run only on renewable local energy sources. The aim is to have the official Icelandic vehicl ....More