Jul 1, 2024
June 2024 marked a major milestone for Reykjavík Geothermal in the development of the 100 MWe / 133 MWth Bolaalda project, as the project was prioritized for utilization under Iceland’s Master Plan for Nature Protection and Energy Utilization (the “Energy Master Plan”...
Apr 5, 2020
Early February 2020, the Bolaalda project was approved by the Icelandic National Energy Authority (Orkustofnun) and sent to the steering committee of the National Plan for Land Protection and Energy Development (verndar- og orkunýtingaráætlun, rammaáæltun) –...
Mar 1, 2020
Reykjavík Geothermal’s team of geoscientists carried out MT (magnetotelluric) measurements of the Bolaalda area in Ölfus, Iceland, in late 2020. Tentative findings indicate a high temperature reservoir in Bolaalda that is located deeper than in the adjacent...
Nov 15, 2019
In December 2018, Reykjavik Geothermal obtained a reconnaissance license from Orkustofnun (the National Energy Authority in Iceland), to undertake surface exploration activities in and around the Bolaalda area in the Ölfus municipality in south-western Iceland, about...
