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National Activities Chapter 12 Iceland A feature with steam emission created from a drillhole blowout that occurred in 1999 in Seltún, the Krýsuvík Geothermal Field, Iceland. (Photo courtesy of ISOR) 12.0 Introduction Practically all stationary energy and 85% of primary energy in Iceland are derived from indigenous renewable sources with near carbon-free electricity production. This is the result of an effective policy in making renewable energy a long-term priority in Iceland. Geothermal primary energy consumption contributed 66% in year 2010, equivalent to 155 PJ. Nowhere else does geothermal energy play a greater role in providing a nation‘s energy supply. The energy current from below Iceland has been estimated to be about 30 GW as can be seen in Fig. 12.1 of which 7 GW is estimated to be harnessable current. Above 10 km depth, the energy stored is estimated to be 12 x 1014 GJ, of which it is thought to be technically and economically possible to install 4,300 MWe of geothermal power at current electricity prices in Iceland and generate about 30 TWh of electricity. 12.1 Highlights for 2010 Currently, eight geothermal power plants of total estimated 695 MWe installed capacity are under formal consideration for development as can be seen in Table 12.1, of which 50-260 MWe will be installed in 2012-2014. In Figure 12.2 primary energy use is plotted against time from 1940- 127PDF Image | Geothermal Research and Tech IEA
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