So there’s some talk about running a power cable from Iceland across to Scotland, thus providing Europe with a “green” source of electricity generated from Iceland’s surplus geothermal energy resources. China is already laying cables over 2,200 km / 1300 miles long, though these are above ground. For Iceland it would be around 700 miles underwater, a submarine interconnector distance that’s not been done before.
Iceland has very few people / consumers and vast energy potential. Like it or not there is an increase of demand for energy across Europe, but in turn wants to move away from high carbon producing systems like coal power stations while nuclear seems to have fallen out of favour.
Interesting to see how this develops. Quite a technology challenge, assume it will be high voltage DC, and they are talking about a cost of $2 billion. But then the way money is thrown around these days, how much really is $2 billion?