Geothermal power in Iceland refers to the use of geothermal energy in Iceland for electricity generation.
Iceland's uniquely active geology has led to natural conditions especially suitable for harnessing geothermal energy.[1] Icelanders have long used geothermal energy for direct applications, such as heating homes and baths.[2] The more recent, widespread adoption of geothermal energy as an energy source in Iceland was spawned by a need to stabilize energy prices and increase energy independence, allowing Iceland to increase reliance on geothermal energy for direct applications alongside electricity generation and contributing significantly to diminishing Iceland's carbon footprint.[3]
The growth of geothermal power in Iceland is due to its continued support from the Icelandic government.[4] As of 2020, Iceland’s installed geothermal power production capacity is 799 megawatts (MW).[5] Geothermal energy produces over a quarter of Iceland's total electricity.[4]