Renewable Energy

Responsible and sustainable for more than century

The United Nations defines renewable energy as energy derived from natural sources that are replenished at a higher rate than they are consumed. Sunlight and wind, are such sources that are constantly being replenished.

Renewable energy sources are plentiful all around us. Generating renewable energy creates far lower emissions than burning fossil fuels, like coal, oil and gas. Iceland is the rock of renewable energy, located up in the north between the two continents; America and Europe.

Iceland is rich of natural resources and have been fortunate to manage it in a responsible and sustainable way, which is one of the key factor of prosperity and wellbeing in Iceland.

  • Location - 64°08′N 21°56′W
  • Population - 387.000 people
  • Size - 103.000 km2
  • GDP per capita - $68.700 Worldbank - 2021
  • SPI score - 89,54/100 (5/169 countries - SPI 2022)
  • Years of geothermal power production 1969
    Installed capacity ~ 800 Mwe
  • Central Heating in Iceland is 90% Geothermal 10% Electricity
  • Electricity in Iceland is 30% Geothermal 70% hydropower