Iceland. Europe‘s youngest country, constantly moulded by the natural forces of fire and water. For centuries, the Icelanders have mastered these same forces and today nearly all their electrical production is by way of renewable energy sources of hydro and geothermal power.
Geothermal energy is a low-polluting, autonomous energy resource which can provide base-load power. Electricity has been generated from geothermal since 1910 and newer plant run at 90% capacity, making geothermal power production proven and reliable.
Because successful utilization of the geothermal resource is capital intensive and requires cross-disciplinary expertise, the two greatest barriers to increased use of geothermal energy are a lack of sufficient know-how and a lack of access to finance. Geysir Green Energy has access to both and is determined to take part in the climate solution.
Geysir Green Energy seeks leading market opportunities in the harnessing of geothermal energy, invests in the development and construction of geothermal plants, acquires geothermal plants currently owned by power utilities and participates in the privatization of energy companies all over the world. Geysir Green Energy harmonizes the interests of investors, economical energy supply and an environmental prudence benefiting the future of Earth.