• The Bolaalda project is one out of two projects in a shared area that will be developed in Iceland, with the other being the Ölfus geothermal project also managed by Reykjavik Geothermal.
  • The project area spans 65 km2 and is located close to Reykjavik, Iceland’s capital city.
  • Surface exploration is currently underway. 
Bolaalda Map

Bolaalda Project Updates

National Plan for Land Protection & Energy: Bolaalda

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) –...

Indicative findings from MT resistivity studies in Bolaalda, Iceland

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 areas of...

Bolaalda – Reconnaissance License

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...

Project Images