Bigger Is Not Always Better – How Small-Scale Geothermal Projects Benefit The Energy Transition
What can be learned from Iceland, the world leader in renewable energy? A whole lot, especially about how to unlock the potential of geothermal energy. At the upcoming Iceland Geothermal Conference, Marta Rós Karlsdóttir, PhD, will showcase Baseload Power Iceland’s pioneering work to expand the market for clean heat and power production.
The World's urgent need for cleaner and secure energy has become clearer than ever. While fighting climate change has been the main catalyst for renewable energy projects, energy security and energy independence also became a clear priority in Europe after the Russian full-scale invasion of Ukraine in 2022. Geothermal energy is a key technology to utilize locally available energy resources and decarbonize energy production not the least within heating and cooling, where 70% still comes from fossil fuels. Geothermal projects, however big or small, can contribute greatly to the overall goal of increasing renewables and energy security at the same time.
Marta Rós Karlsdóttir, PhD, Managing Director of Baseload Power Iceland, is a speaker at the upcoming Iceland Geothermal Conference on this theme. The title of her speech is “Unlocking Underutilized Geothermal Potential with Small-Scale Combined Heat and Power Plants through Low-Medium Enthalpy Geothermal Resources: A Success Story from Baseload Power Iceland”.
Marta Rós Karlsdóttir will showcase Baseload Power Iceland’s pioneering approach to exploring low and medium-temperature resources, revisiting old datasets and underutilized wells with the aim of optimizing energy efficiency and supporting local energy grids by producing both electricity and heat in small- and medium-scale projects.
The Iceland Geothermal Conference, one of the most well attended events in the geothermal world, will take place on May 28-30 in Reykjavik, Iceland. The themes of the event include geothermal energy as a catalyst for change, cutting-edge innovation and geothermal business models.
Marta Rós holds a PhD and a MSc degree in mechanical engineering from the University of Iceland. Before joining Baseload, she held management positions at Iceland’s National Energy Authority and the Icelandic Power company ON Power, as well as a leadership position in sustainability consulting at Verkís Consulting Engineers.
Read more about conference here Iceland Geothermal Conference 2024
For more information, please contact:
Kristina Hagström-Ilievska CMO, Baseload Capital
kristina.hagstrom.ilievska@baseloadcap.com
Tel: +46 (0) 732330039
About Us
Baseload Capital is a specialized investment entity that leads partnerships to scale up geothermal power deployment worldwide. Geothermal power comes from the Earth’s inner core and provides a fossil-free, stable, 24/7 available baseload for electricity and heating and cooling. We work with like-minded investors to fund geothermal energy projects and tap into the planet’s largest renewable energy source that lies right beneath our feet.
We establish operating companies in global locations, which comprise the Baseload Power organization. They partner with local communities and power providers to commission, permit and build Baseload Capital-funded geothermal power plants.
Together we dream of a planet in balance with resilient societies that run on renewable energy.
We will be part of this transition by leading partnerships to scale up geothermal project development.
Tags:
