Hydro Power

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Iceland's precipitation has an enormous energy potential or up to 220 TWh/yr. Much of it is stored in ice caps and groundwater, and dissipated by evaporation, groundwater flow and glacier flow. Of the primary energy consumption in Iceland, in 2008, 20% was generated from hydropower.

In 2008 Iceland had hydroelectric power stations with a total installed capacity of 1.880 MW, generating 75,5% of the country's electricity production.   


Electricity

Electricity

A licence issued by the National Energy Authority is required to construct and operate an electric power plant. The National Energy Authority is responsible for monitoring as well as to regulate the compliance of companies operating under issued licences.

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Environmental Impact

Environmental Impact Assessments

If the proposed plan for power plants or for construction of transmission lines is a subject to environmental impact assessment procedures, an environmental impact assessment must have been finalised and an opinion by the Planning Agency of Iceland must have been published.

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Power Intensive Industries

Power Intensive Industries

As a result of rapid expansion in Iceland's energy intensive industry, the demand for electricity has increased considerably during the last decade.

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Master Plan

Master Plan

 A master plan comparing the economic feasibility and the environmental impact of the proposed power development projects is being prepared. It is hoped that this comparison will aid in the selection of the most feasible projects to develop, considering both the economic and environmental impact of such decisions.

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