ICELAND GEOTHERMAL
April 1st, 2003
BY KEITH NUTHALLA TECHNOLOGICALLY innovative development of geothermal energy in Iceland is expected to go ahead with the support of a planned loan of Euro 23.5 million from the European Investment Bank. The money would help extend the generating power of the City of Reykjavik's existing Nesjavellir geothermal cogeneration plant by 30 MWe and 150 MWth. This would follow a reassessment of the potential of its geothermal field, 25 km east of the Icelandic capital, in an isolated, unpopulated area on the slopes of the Hengill volcano. A bank memorandum said: "The ...
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