British Prime Minister David Cameron arrived in Iceland yesterday to attend the Northern Future Forum, taking place in Reykjavík today.
According to ITV, the British Premiere is expected to use the visit to announce that the UK and Iceland are looking into setting up an electricity pipeline, or a submarine cable, between the two countries to export renewable energy directly to the UK. The cable would be the longest of its kind in the world.
If the project gets the go-ahead, it will cost billions of pounds and take around ten years to construct, but would secure Britain's future energy needs.
Read more: Submarine electricity cable to connect Iceland and the UK
Iceland produces about five times more energy domestically than its population actually needs. Therefore, due to the tremendous energy surplus geographically gifted to this Nordic country located in the North Atlantic, a massive project has been in the works to help Icelanders share this natural resource with other countries, such as the UK. Exporting its surplus of “green energy” would help Iceland harvest a new form of internal income aside from the fishing and tourism industries that currently make up a majority of the country's domestic economy.
British Prime Minister David Cameron arrived in Iceland yesterday to attend the Northern Future Forum, taking place in Reykjavík today.
According to ITV, the British Premiere is expected to use the visit to announce that the UK and Iceland are looking into setting up an electricity pipeline, or a submarine cable, between the two countries to export renewable energy directly to the UK. The cable would be the longest of its kind in the world.
If the project gets the go-ahead, it will cost billions of pounds and take around ten years to construct, but would secure Britain's future energy needs.
Read more: Submarine electricity cable to connect Iceland and the UK
Iceland produces about five times more energy domestically than its population actually needs. Therefore, due to the tremendous energy surplus geographically gifted to this Nordic country located in the North Atlantic, a massive project has been in the works to help Icelanders share this natural resource with other countries, such as the UK. Exporting its surplus of “green energy” would help Iceland harvest a new form of internal income aside from the fishing and tourism industries that currently make up a majority of the country's domestic economy.
