Hydro and Geothermal Power
Iceland is the only country in Western Europe that still has large resources of competitively priced hydroelectric power and geothermal energy remaining to be harnessed. Although electricity consumption per capita in Iceland is second to none in the world, at about 28,200 kWh per person, only a fraction of the country’s energy potential has been tapped. About 87% of the population enjoys central heating by geothermal energy at a price that is generally less than half of the comparable cost of oil or electric heating, thus contributing to making Iceland one of the cleanest environments in Europe. Both hydro and geothermal power in Iceland are sustainable and supremely environment-friendly – “green” resources which are free from the atmospheric emissions of fossil fuels and the potential hazards of radioactive power sources.