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Posts from the ‘Subsea Interconnector’ Category

May 30

Strong Drivers

Iceland’s green energy portfolio and the European legal framework offer investors and industries possibilities to gain from some of the strongest drivers and incentives affecting the world’s energy sector.

Rising world energy consumption, growing demand for renewable energy, concerns about global warming, and international geopolitics are all important drivers affecting the world’s energy sector. These concerns are for example reflected in the European Union’s (EU) ambitious renewable energy policy.

EU’s energy policy includes binding targets for all the EU’s member states regarding more renewable energy and less carbon emissions. This policy is one of the drivers making Iceland’s renewable energy  more competitive than ever before.

For more information go to our legal section.

May 30

HVDC Subsea Cables

Subsea power cables are steadily becoming longer and being laid at more depths. Such a cable between Iceland and Europe will probably be close to 1,200 km in length and the greatest depth at the cable-route will be close to 1,000 m. In the Mediterranean subsea power cables have been laid at more than 1,600 m depth. Presently, the longest cable of this kind is close to 600 km and we will soon see cables extending 700-800 km, such as between Norway and Britain.

Iceland-Europe-HVDC-Interconnector-Landsvirkjun-Map_Askja-Energy-PartnersThe first High Voltage Direct Current (HVDC) interconnector between Iceland and Europe might become a reality within a decade. Strong and important drivers, like access to more renewable power and increased energy security, are likely to speed up the process of such a project.

When looking further ahead, Europe and Northern America may become connected with power cables via Greenland and Iceland. Within a relatively short timeframe, cables between Europe and Iceland, Iceland and Greenland, and Greenland and Canada, may all becoming technically possible options for connecting power markets. This development will open access to new and important sources of renewable energy, especially highly flexible and controllable hydropower. Here at the Global Icelandic Energy Portal we present excellent information about the technology and economics of such cables under the category of subsea interconnectors.

May 30

Forthcoming Projects

The Icelandic government has recently worked out a comprehensive Master Plan for Hydro and Geothermal Energy Resources in Iceland.

The new Master Plan is a pathway towards new renewable energy projects. At the same time it aims at protecting numerous areas from development.

According to the plan, several new hydroelectric and geothermal power plants can be expected to be constructed in Iceland in the forthcoming years. The upcoming power projects are further described under our renewable sources menu.

Environmental consciousness is always an important factor regarding utilization of renewable energy sources in Iceland. For more information about environmental protection in Iceland go to our environmental page.

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