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Iceland could supply renewable energy to Europe via submarine cable

Europe Could Receive Renewable Energy From Iceland via Submarine Cable Market watch, REYKJAVIK, ICELAND, Apr 27, 2012 (MARKETWIRE via COMTEX) — The Icelandic energy provider, Landsvirkjun, one of Europe’s leading renewable energy companies, may help supply Continental Europe with renewable energy via a North Atlantic submarine power cable.

Iceland currently holds a unique position amongst European nations in
its potential to increase reliable electric energy production from
renewable energy resources. This increased energy production could be
used to conduct business through an interconnector — a submarine
cable to Europe across the North Atlantic seabed.

Hoerthur Arnarson, CEO of Landsvirkjun, stated, “Providing sustainable
energy to Europe through a submarine power cable offers an interesting
business opportunity for the nation of Iceland and at the same time
presents a partial solution to Europe where they are looking for an
increased supply of renewable energy. Numerous countries in Europe
have already expressed interest in the possibility to connect with
Iceland’s clean energy resources.”….
http://www.marketwatch.com/story/europe-could-receive-renewable-energy-from-iceland-via-submarine-cable-2012-04-27

April 28, 2012 - Posted by Christina Macpherson | EUROPE, renewable