Iceland is a country of 350,000 people, located on the Mid-Atlantic Ridge. Being mountainous and volcanic with heavy precipitation year-round, the country has an abundant supply of geothermal and hydropower resources.
Geothermal power is a fact of life in Iceland, with a third of all electricity generated coming from geothermal as well as providing space heating for more than 90% of the population.
The fact that Iceland went from being one of the poorest countries in Europe at the start of the 20th century to one of its richest today is in large part thanks to Iceland’s pioneering efforts in utilizing geothermal power. Geothermal power has shaped Icelandic society and will continue to do so in the coming decades.