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Bright future for the Geothermal Resource Park at Svartsengi

Blue Lagoon with Svartsengi plant, Iceland (Picture: Vestman, (c) CC BY 2.0)
Alexander Richter 29 May 2015

Reykjanes Geothermal Resource Park is attracting more investment and generated approx. €140 million just last year, employing around 500 people.

Local Icelandic news state that the country’s President has presented the Reykjanes Geothermal Resource Park (GRP) as an exceptional example of what the geothermal energy can provide besides renewable power.

According to the same source “GRP is a “sustainable industrial park” in south-west Iceland showcasing geothermal energy and its uses. According to the Park’s website, “[t]he underlying concept is that the spill or ‘waste’ from one company in the park can be used as input for another company”. Speaking at a conference on GRP at Harpa Concert and Conference Hall this morning, President Grímsson expressed the hope that the Park will one day become as popular as the Blue Lagoon as a tourist destination. “The world is interested in seeing not only Þingvellir and Geysir, but also the realities of green energy,” he stated.”

The GPR is not only sustainable but also generates revenue from tourists (approx. €140 million) and employs around 500 people the Park. This is just the tip of the iceberg, since there is an ongoing momentum to invest in the area which will generate even more revenues and jobs in the area.

For more information on the GRP please visit the Park’s website here.

Source: MBL