Signing of cooperation settlement between Reykjavik Power and the Ölfus municipality, Iceland (supply: Ministry of Atmosphere, Power, and Local weather)
Reykjavik Power has signed a cooperation settlement with the municipality of Ölfus in Iceland for a joint geothermal improvement venture.
Reykjavik Power (Orkuveita Reykjavíkur / OR) has signed a memorandum of understanding with the municipality of Ölfus in Iceland for a joint geothermal improvement. The 2 events introduced plans to collectively apply for a analysis license together with municipal power firm Titan with a view to the cooperation.
If the exploration allow is obtained with precedence for utilization, it’s deliberate to signal a letter of intent relating to the utilization of the geothermal useful resource for the manufacturing of electrical energy and sizzling water in a accountable method and with the minimization of environmental affect as a suggestion. It’s also emphasised that merchandise from the ability plant will likely be used to create worth for the area people, Ölfus and Hveragerði.
The proposed cooperation was sealed with the signing of a letter of intent as we speak at Elliðaárstöð, which is Orkuveitun’s new vacation spot in Elliðaárdal.
Guðlaugur Þór Þórðarson, Minister of the Atmosphere, Power and Local weather, mentioned on this event that his position was, amongst different issues, to think about power safety within the nation, and one a part of that was to carry collectively totally different events to cooperate. Each the CEO of Orkuveita Reykjavíkur and the regional supervisor thanked Minister Ölfuss for his involvement within the settlement.
“It is extremely vital that every one events work collectively so as to pace up the power trade and guarantee power safety within the area and your complete nation. I’m glad that the municipality of Ölfus and Orkuveitan conform to proceed with these vital tasks in good settlement with the events concerned,” says Guðlaugur Thór.
It’s confirmed that Ölfusdalur is wealthy in geothermal assets, however Veitur makes use of them for home heating in Hveragerði as we speak. Analysis has been carried out within the space for years, and there are thought-about probabilities that the useful resource can be utilized higher for the manufacturing of each electrical energy and sizzling water, just like what Veitur and Orka natturunnar do within the Hengil space.
“As a result of uncertainty in regards to the response of geothermal techniques to manufacturing, it’s usually not fascinating for unrelated events to make use of the identical geothermal useful resource. We welcome this collaboration with Títan, particularly with regard to accountable useful resource utilization,” says Hera Grímsdóttir, Govt Director of Analysis and Innovation at OR.
Elliði Vignisson, mayor of Ölfus, echoed the sentiment. “We right here in Ölfus have been working for a while to extend welfare on the premise of environmentally pleasant worth creation. We all know and acknowledge that with out worth creation, there will likely be no welfare. We additionally know that entry to power is a prerequisite for the massive environmental tasks we’re concerned in, equivalent to when it comes to land farming of salmon, cultivation of microalgae for human consumption, operation of greenhouses and extra.”
“If we need to create worth like what we’re at present engaged on, we have to supply the power, and we plan to do this primarily based on the environmental concerns that we need to signify in cooperation with our good companions in Orkuveita Reykjavíkur,” mentioned Vignisson.
Hera additionally mentioned that, together with the joint software for a analysis allow, work will start to research the feasibility and assess the processing capability of the realm and pre-design the ability plant primarily based on the knowledge that’s already accessible.
There, all emphasis will likely be positioned on the complete utilization of the geothermal useful resource, the place merchandise from the ability plant will, amongst different issues, be used to create worth for the area people, Ölfus and Hveragerði.
Supply: Ministry of the Atmosphere, Power, and Local weather
