Volcanic heat from Iceland could generate electricity to power British homes within a decade Photo: Alamy/EPA
Volcanic heat from Iceland could generate electricity to power British homes within a decade, according to experts.
8:12AM GMT 12 Nov 2012
The geothermal energy would be piped to Britain through the world's longest seabed power cable but would be no more expensive than the next generation of nuclear energy.
The man overseeing the project, Hörður Arnarson, the head of Iceland's state-owned power producer Landsvirkjun, said that it could be completed by 2020.
He told the Times: "This is a technically challenging project, there's no doubt, but there is no doubt in our mind that it is doable."
"Both the length and the depth [of the cable needed] has been tested."
He added: "All our energy production is renewable, with hydro and geothermal production.
On top of that, we are producing by far the most electricity per capita- we are producing five times more electricity than a country with this population usually needs."
For the project to be successful a cable would have to be at least 1,000km (620 miles) long, making it the longest in the world.
In May then energy minister Charles Hendry visited Iceland to discuss connecting the UK to its geothermal energy.
Hendry argued that the proposal would keep Britain's consumer energy prices low by providing an alternative when calm weather prevented wind farms from producing electricity.
The Government has already signed a memorandum of understanding with Iceland, stating interest in the scheme.
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