Geothermal

Renewable energy source

The heat of the earth

Iceland is located on the Atlantic Ridge and the island is subject to heavy rainfall throughout the year. The country is particularly rich in high-temperature geothermal resources where the force of the earth's core heats up water that continually seeps down into the earth.

Iceland has acquired considerable expertise in geothermal electricity generation that allows us to utilise the resources in a sustainable manner to produce electricity, hot water and other energy and material streams.

Three geothermal power stations

Landsvirkjun currently operates three geothermal power stations in the North-Eastern part of Iceland. The three stations, Bjarnarflag , Krafla and Theistareykir, have a combined capacity of 110 MW.

The three sites are located near the towns of Akureyri and Husavik.

A wide variety of industries can benefit from the renewable electricity and other resource streams stemming from geothermal energy production.

The main resource streams available are:

  • Electricity
  • Carbon dioxide
  • Hot water
  • Cold water

Green houses and fuel production are good examples of the viable application of these resource streams. Another example is the Myvatn Nature Baths which utilises run-off water from one of Landsvirkjun's geothermal power plants in the North-East of Iceland. The bathing site is visited by more than two hundred thousand tourists yearly.