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Iceland is Green Leader in Power Production

For the last ten years, Iceland has been the world’s largest electricity producer per capita. The Icelandic generation is much higher (per capita) than in any other country. Norway comes in second place, generating close to half of the electricity per capita of that of Iceland. The Icelandic annual generation is close to 54 MWh per capita, while Norway generates close to 26 MWh per capita.

Iceland-Green-Power-Electricity-Production-Per-Capita-Comparison-2015_Askja-Energy-Partners-2016Other countries on the top-ten list of the world’s largest electricity producers per capita are Canada, Kuwait, United Arab Emirates (UAE), Finland, Sweden, United States of America (USA), Qatar and Bahrain.

Most of the countries on the top-ten list of the world’s highest electricity producing countries per capita generate most or all their electricity from fossil fuels (gas and coal). However, both Iceland and Norway produce close to 100% of their electricity from renewable sources (both countries draw from hydroelectric power, but Iceland has a unique energy source in its geothermal power).

Canada, Finland and Sweden all have extensive hydropower sources and utilize them for electricity generation. Thus, they might be described as semi renewable electric producers (thus marked with light green color on the graph, whereas Iceland and Norway are marked with dark green).

Iceland and Ukraine to Cooperate on Energy Issues

Ukraine-Geothermal-Map-2004The Government of Icelandic has offered Ukrainian authorities to identify opportunities in geothermal development in Ukraine as part of the diversification and integrate renewable energy sources in power generation in the country.

Earlier this summer (2014) the foreign ministers of Iceland, Mr. Gunnar Bragi Sveinsson, was in Kiev where he met a.o. the President of Ukraine, Mr. Petro Poroshenko. The Icelandic minister also met Mr. Vitaliy Hryhorovskyi, Assistant Director General (First Deputy Head) of the Ukrainian State Agency on Energy Efficiency and Energy Saving (SAE). At the meeting with Mr. Hryhorovskyi it was decided to begin preparations for cooperation between the countries in the field of geothermal utilization.

Iceland-Ukraine-Energy-Cooperation-2014Icelandic foreign minister stressed that there may be opportunites for the exploitation of geothermal energy in western Ukraine. Icelandic scientists and experts have very broad knowledge and experience regarding geothermal exploration and utilization, and may be able to assist Ukraine in geothermal development. The minister added that harnessing geothermal energy, as a pure and stable resource, can prove valuable to Ukraine’s inhabitants, especially for heating purposes.