Iceland Channels Volcanoes in Europe’s Energy-Supply Race
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Europeans left stranded at airports last year as an Icelandic volcano spewed ash across the continent may soon benefit from the power that seethes beneath the remote north Atlantic island.
Iceland is doing a feasibility study into building a 1,170-kilometer (727-mile) power cable to Scotland to send some of its untapped potential of 18 terawatt-hours of geothermal and hydropower -- that’s enough for 5 million European homes. The project has the backing of the government, Industry Minister Katrin Juliusdottir said in an interview.