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UK and Iceland sign energy agreement

The UK and Iceland yesterday signed an agreement that could pave the way for geothermal power from Iceland’s volcanoes to supply electricity to the UK. This came as UK Energy Minister Charles Hendry visited the Hellisheidi geothermal field, located on an active volcanic ridge in the south west of the country.

The MoU, signed by Charles Hendry and his Icelandic counterpart Oddný G. Harðardóttir, will strengthen the two countries’ relationship on energy issues.

Charles Hendry said:

Today’s agreement will help pave the way for a closer relationship with Iceland, which I hope can yield significant benefits for the UK, including the development of geothermal power, greater use of interconnectors to transport energy under the sea, and developing oil and gas resources.

"This sort of approach can both enhance our energy security and deliver low carbon electricity in an affordable way."

Read the full press notice on the DECC website here

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