Reykjavik (Iceland), April 11: Iceland a volcanic island that produces all its electricity from geothermal energy and hydropower would enable in exporting more energy to revive a plan for building a power cable of 1,000-km long from Iceland to Britain for providing power to 1.6 million British homes. This would be the world's longest power interconnector.The project is being coordinated by Iceland's Geothermal Research Group (GEORG) and the British Geological Survey, with the participation of 38 institutes and companies from 11 countries including the United States, Canada and Russia in which Scientists will study the possibility of producing geothermal energy from magma which if successful could produce up to 10 times more energy than from a conventional well.
Wayne Bryan, an analyst at the British Alfa Energy consultancy said "The possibility of increasing geothermal energy supply in Iceland would most certainly be a boost to the proposed (IceLink) plan as there were worries about the effect on local prices with increased exports”.
British Geological Survey said in a statement that the first phase of the project is planned to start by 2020 which aims to explore the mechanism of eruptions to protect communities from volcanic disasters.
Sigordur Markusson, a project manager for Icelandic utility Landsvirkjun said that magma geothermal well can produce 5 to 10 times more energy compared to a conventional well. Hjalti Pall Ingolfsson head of the project for GEORG stated “In a country like Iceland with frequent volcanic eruptions capable of disrupting Europe's aviation system, the project's security is a priority”. "It is quite secure. We have already reached magma before, nothing indicated that we could cause an eruption", he added.