Iceland eyeing giant cable to sell power to Europe

Posted: April 3, 2011 in Politics
Tags: , , , , ,

From the article:

Iceland is considering building the world’s longest sub-sea electric cable to allow it to sell its geothermal and volcanic energy to Europe, the country’s largest energy company said Monday.

“This project started last year and the current phase of research should be finished by the end of the year… We will (then) have clearer information about the feasibility of the project,” Landsvirkjun spokeswoman Ragna Sara Jonsdottir told AFP, adding that a final decision on the project would likely come within four to five years.

After taking a hit when its Eyjafjoell volcano last year paralyzed European skies for weeks with a massive cloud of volcanic ash, Iceland is seeking to instead draw benefits from its geology with the cable, which would allow it to sell energy extracted from geothermal sources like volcanoes and geysers.

“Among things being studied is the destination country. Potential countries include Britain, Norway, Holland and Germany,” Jonsdottir said.

Depending on the destination country, the cable would be between 1,200 and 1,900 kilometres (745-1,180 miles) long, making it “the longest sub-sea cable in the world.”

The project aims for the exportation of some five terawatt-hours (or five billion kilowatt-hours) each year, Jonsdottir said.

This would be a great boost for the Icelandic economy and it’s good, clean energy. This is what we need more free energy provided by our planet or the sun.

It’s good that someone in this world is thinking ahead.

Original site.

WOG out.

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