Iceland shows the world how to run on reliable, clean energy

By Danielle Bochove

05 Mar 2023 · 7 min read

Editor's Note

In Iceland, geothermal energy means that citizens pay next to nothing for their electricity and the air is clean. Bloomberg explains what the rest of the world can learn from the island nation.

Beneath the road on a snow-dusted mountain in the Hellisheiði region of southwest Iceland, a river of boiling water flows through porous, volcanic rock. Above, thick steel pipes connect to geodesic domes, each of which houses a geothermal well.

Steinþór Níelsson, a senior geologist with ISOR (Iceland Geosurvey), parks his car near one of the rounded huts. He and his team analyze rock samples taken from boreholes to figure out the best way to drill, and then track how the supply of hot water is affected by tapping its steam, which is used to create electricity for this area, as well as the capital of Reykjavik.

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