Settlement on the operation of Krafla Magma Testbed signed at Krafla on September 26, 2024. From left to proper: Einar Mathiesen, Government Vice President of Wind and Geothermal Energy at Landsvirkjun, Guðlaugur Þór Þórðarson, Minister of the Atmosphere, Power and Local weather, Björn Þór Guðmundsson, Director of KMT and Hera Grímsdóttir, Managing Director of Analysis and Innovation at Reykjavík Power. (supply: KMT)
The Krafla Magma Testbed has signed a brand new settlement securing important business and authorities help for the groundbreaking magma analysis initiative.
Iceland-based Krafla Magma Testbed (KMT) has secured wider business help with the signing of an settlement with the Icelandic Ministry of Atmosphere, Power, and Local weather, Landsvirkjun, and Reykjavik Power. This settlement marks a brand new part for KMT as Reykjavik Power joins the venture, alongside the continued help from the Icelandic authorities and Landsvirkjun, The Nationwide Energy Firm of Iceland.
KMT is a pioneering worldwide initiative geared toward establishing the world’s first magma observatory, offering unprecedented entry to magma for scientific analysis and technological growth. Constructing on the Iceland Deep Drilling Mission (IDDP-1), the place magma was encountered at a depth of two.1 km, KMT is devoted to harnessing the potential of near-magma power. The venture’s objective is to develop next-generation super-hot geothermal applied sciences, positioning Iceland as a world chief on this rising area.
KMT goals to revolutionize the event of geothermal system by tapping into super-hot geothermal power from excessive warmth close to magma. By way of ongoing and future analysis work, KMT can assist in considerably enhancing geothermal power extraction, creating new pathways for cleaner, extra environment friendly power manufacturing on a world scale. The venture additionally seeks to enhance volcanic monitoring and supply important insights into magma conduct.
RELATED: ThinkGeoEnergy interview with Björn Þór Guðmundsson, CEO of Krafla Magma Testbed.
As a collaborative effort, KMT brings collectively engineers and scientists from world wide, combining experience to push the boundaries of what’s attainable in geothermal power and volcanic analysis. With the help secured by at this time’s settlement, KMT is poised to proceed its groundbreaking work and drive ahead the event of super-hot geothermal power.
Supply: Krafla Magma Testbed
