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of 25-35 MWe. The decision on where to drill the second well has not yet been taken, but IDDP- 2 is likely to be in Reykjanes. For the Master Plan, research is ongoing on high temperature geothermal areas. In addition, geothermal areas are being searched for near districts that do not have geothermal space heating and Orkustofnun is involved in a few heat pump installations. In the Master Plan for hydro and geothermal energy resources projects have been evaluated on the basis of the environmental, social and economical impact the projects will have and thus categorized to be developed, protected or to be further considered as seen in Table 12.3. The Parliament in Iceland is now reviewing the results and good amend the final decision before it will be enforced in the law on the Master Plan. Figure 12.10 Geothermal power plants to be developed according to the Master Plan. 12.7.2 Government Funded Research The international GEOthermal Research Group (GEORG) was launched in 2009 with participation of all the major power companies, research institutions and authorities. GEORG is financially supported by the Science and Technology Policy Council in Iceland, RANNÍS with an up to 70 million ISK annual contribution for seven years. The Energy Fund granted in total 23 M ISK to 18 projects in 2010. Orkustofnun represents the government on a steering committee of the IDDP. The total amount from Orkustofnun will be at maximum US$ 4.6 M. For a few years the Ministry of Industry has been running a program to encourage geothermal exploration for domestic heating in areas where geothermal resources have not been identified. For years 2007-2009, 172 M ISK were granted to exploration in 29 places, of which total cost is estimated to be 300 M ISK. The Icelandic International Development Agency (ICEIDA) is involved in stimulating geothermal utilization in developing countries, e.g., Nicaragua. The cost of just the Nicaragua-project as a whole is estimated to be just over US$ 4 M. ICEIDA has also participated in a joint project with six states in north western Africa. The project is in 135PDF Image | Geothermal Research and Tech IEA
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