Landsvirkjun receives production permit for Theistareykir project
Drilling rig on site of Theistareykir project site in Iceland (source: Iceland Drilling)
Alexander Richter
1 Apr 2014
Icelandic National Power Company, Landsvirkjun receives 60 year operational permit for its planned 100 MW geothermal power project at Theistareykir in the Northeast of Iceland.
Iceland’s National Energy Authority has issued a production permit for Landsvirkjun´s Theistareykir project. The permit covers the production of up to 100 MW for this project in the Northeast of Iceland.
At the same time, the authority issued a usage permit for the use of groundwater for the planned geothermal power plant and the usage permit for geothermal heat for the project.
The permit has set some requirements on the allowable draw-down and what to do if production does not prove to be in line with projections.
The permit is given for 60 years unless some key things are changing and the usage has no negative impact on the heat resources or the groundwater.
Source: Visir.is
