Energy Magazine September 2014 | Page 30

RENEWABLES
Geosurvey , told Scientific American . “ Currently we ’ re producing maybe four terawatt-hours per year .”
The country is attracting industrial attention , though . American aluminum giant Alcoa is investing heavily in Iceland and Microsoft and Google have expressed interest in Iceland as well .
While Iceland ’ s geothermal present looks relatively conventional , it ’ s the future that is more than just steam .

‘ Until the early twentieth Iceland was used exclusi and cooking . While no lon facets of life are still pow in an almost entirely sust

Powering the Future The next step for Iceland is to make geothermal energy more widely accessible and keep its focus squarely on sustainability . Iceland ’ s National Energy Authority ( Orkustofnun ) has developed a plan to keep production feasible and avoid doing things in excess . Calling it “ stepwise development .” The approach involves estimating the size of the next development step once one has been completed . This will help curb drilling and exploration costs .
The Iceland Deep Drilling Project ( IDDP ) is also looking for new sources of geothermal energy deeper in the earth . In 2009 , they found molten lava more than a mile
30 September 2014