Iceland's economic meltdown may have left its citizens a little hot under the collar but they undoubtedly respect their administration for one thing, their energy. The country gets 99 percent of its electricity and 78 percent of its primary energy from hydro and geothermal sources. One generation ago, the isolated island country imported all of its coal and oil for heat and electricity. Now, residents of Iceland have such a surplus of energy that at times, they leave their windows open on a cold night even with their heaters on.
Having cultivated energy from renewable sources for several years, Iceland's technology is quite advanced. Their undoubted expertise in this field could provide them with the economic opportunity they are looking for to get their country out of bankruptcy.
To read the complete article on the Renewable Energy World website click here.
Pic courtesy Óli Jón from flickr.com
Leave a comment