Icelandic solar power generation system

How does Iceland get its electricity?

This significant achievement is primarily supported by hydropower, contributing more than two-thirds of the total electricity supply from the turquoise waters flowing through the nation's rivers and waterfalls. The remaining close to a third comes from geothermal energy, harnessing the Earth's heat beneath Iceland's volcanic landscape.

Why did HBS Energy & Environment students visit Iceland?

This past February, 50 HBS Energy & Environment students traveled to Iceland to witness firsthand how the country is harnessing the power of nature to deliver clean energy, hot water, and several other decarbonization solutions that affect not only Iceland, but all of us. Renewable energy for everyone, big or small

Does Iceland need more electricity?

With a near-total reliance on these sustainable sources, Iceland has taken commendable strides in departing from fossil energy. However, as more sectors like transport, heating, and industry are set to be electrified, meeting these expanding demands will require a considerable increase in electricity production.

Is Iceland a good example of green energy?

While fluctuations occur, the overarching trajectory affirms Iceland's steadfast commitment to clean electricity, setting a powerful example for the adoption of green energy resources worldwide. Iceland's electricity mix includes 72% Hydropower, 28% Geothermal and 0% Wind. Low-carbon generation peaked in 2015.