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Articles tagged with: interconnector cables

Iceland to Export Electricity to Britain?

By Martin W. Lewis | June 7, 2012 |

Iceland is by far the world richest country in terms of per capita renewable energy. 81 percent of Iceland’s total energy needs are derived from renewable sources, mostly geothermal and hydroelectric, as is 100 percent of its electricity. As a result of its abundant resources, electrical power in Iceland is cheaper than anywhere else in Europe.

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