How much electricity does Iceland use?

Similarly, in 2015, Iceland’s electricity consumption was 18,798 GWh whose 100 percent production was made by using renewable sources. 73 percent came from hydropower while 27 percent came from geothermal power. Nevertheless, Glaciers cover 11 percent of Iceland.

What percentage of Iceland's electricity is produced from renewable sources?

Currently, nearly 100 percent of Iceland’s electricity is produced from renewable sources. However, rapid expansion in the country's energy-intensive industry has resulted in a considerable increment in demand for electricity during the last decade.

Does Iceland have wind power?

Nevertheless, Glaciers cover 11 percent of Iceland. Therefore, season melt feeds glaciers’ rivers thereby contributing to hydropower resources. Nonetheless, the country has lunatic wind power potential that stayed untapped for ages. However, in 2013, Iceland became a producer of wind energy that contributed to Iceland renewable energy percentage.

Why is power-to-gas important in Iceland?

In a system that relies entirely on renewable energy, power-to-gas makes an important contribution to seasonal storage. In Iceland, the conditions for power-to-gas are particularly favourable. The first power-to-gas plant in Iceland is to be built on the site of the Hellisheidi geothermal power plant.

What is Island power solutions?

Island Power Solutions believes that everyone should have access to affordable and clean reliable power. We work in cooperation with governmental agencies, foundations, NGOs and with local businesses and communities to build a more sustainable future providing innovative renewable energy solutions. 1. SOURCING 2. PREPARATIONS 3. DESIGN 4.

Who is the national power of Iceland?

Therefore, Landsvirkjun is the National Power of Iceland. The company ‘Landsvirkjun’ was established in order to construct as well as operate hydroelectric power plants that could provide reasonably electricity to the domestic market and power-intensive industries. Since then the company has completed various large-scale projects across Iceland.