Eighty percent of Iceland’s energy comes from renewable sources. TODAY’s Al Roker visits a geothermal power plant to discover why Iceland is ideal for this green energy...

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MIT World Geothermal - An Undervalued Primary U.S. Energy Source. Geothermal energy remains the poor cousin in our current stable of renewable resources, in spite of offering enormous benefits.

That’s Jefferson Tester’s inescapable conclusion, after participating in a Department of Energy investigation into the technical and economic viability of tapping into this potentially vast energy pool. He describes the findings of the DOE report to a live and online MIT Museum audience.

He describes the findings of the DOE report to a live and online MIT Museum audience.Geothermal energy remains the poor cousin in our current stable of renewable resources, in spite of offering enormous benefits.

http://mitworld.mit.edu/video/444

Iceland's President Olafur Grimsson discusses wind power and the value of combining different clean energy sources--solar, wind, geothermal

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The word geothermal comes from the Greek words geo (earth) and therme (heat). So, geothermal energy is heat from within the earth. We can use the steam and hot water produced inside the earth to heat buildings or generate electricity. Geothermal energy is a renewable energy source because the water is replenished by rainfall and the heat is continuously produced inside the earth. The direct use of hot water as an energy source has been happening since ancient times

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Ásgeir Margeirsson, Director WGP

Ásgeir Margeirsson has been at the forefront of the Icelandic energy business for several years, both domestically and abroad. From 2000 to early 2007, Mr Margeirsson was Deputy CEO and Director of Production and Sales at Reykjavik Energy Company, where he was responsible for power plant and well field operation, new construction, development of new power projects, sales and foreign operations. Prior to 2000, Mr Margeirsson worked as Technical Director of Iceland Drilling, where he was responsible for corporate development and operation of drilling projects in Iceland. He also worked as Managing Director of Iceland Drilling UK, where he was responsible for drilling projects in the United Kingdom, Ireland and Azores (Portugal). He obtained a B.Sc in Civil Engineering from the University of Iceland, Reykjavik, and a PhD in Construction Management from the University of Lund, Sweden. Mr. Margeirsson serves as an executive Board member for several organizations involved in geothermal energy, including; President of the Icelandic Geothermal Association; Chairman of Enex-China; Chairman of Exorka International; Vice-Chairman of Hitaveita Sudurnesja hf; Vice-Chairman of Shaanxi Green (China); and as a Board member of Iceland Drilling; Iceland America Energy (USA); and Enex.

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