As a post-Fukushima Japan continues to weigh the future of nuclear power generation, the island nation had an opportunity to hear from Iceland, which has the vast majority of its power generation produced from renewable sources, including geothermal energy. Representatives from Iceland recently spoke about the success of its geothermal industry and renewable power generation in Tokyo, The Japan Times reported.
The Embassy of the Republic of Iceland said 39 percent of its geothermal energy is used to meet energy consumption demands. With a natural abundance of geothermal pools, Iceland generates between an estimated $480 million and $830 million of geothermal power.
About 25 percent of all energy produced in Iceland comes from geothermal power facilities, according to the nation's National Energy Authority Orkustofnun. In 2011, renewable resources generated about 84 percent of the energy consumed in Iceland.
The country stated much of its geothermal power plants, including the Nesjavellir Geothermal Power Station, are close to its national parks.
"In Iceland, geothermal generation facilities are found even in small villages and support the residents' everyday lives," said Halldor Elis Olafsson, the embassy trade representative, who served as speaker at the event.