Iceland may be a perfect setting for extensive utilization of wind energy.
Wind farms in Iceland can be expected to be almost 100% more efficient than in Europe or USA (according to early research). Due to low population density and extensive areas of land with few natural or manmade barriers, there is plenty of space for large wind parks.
Large-scale wind power utilization in Iceland may be especially attractive in connection with a subsea electrical HVDC-cable between Iceland and Europe. Instead of constructing very expensive offshore wind farms outside the coast of countries like Denmark, Germany, Netherlands and United Kingdom, investing in wind power in Iceland may be both less costly and offer lower political thresholds.
You can find information about wind energy potentials in Iceland on our wind page.