- The Ölfus geothermal project is one out of two projects in a shared area that will be developed in Iceland, with the other being the Bolaalda 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.
Ölfus Project Updates
Declaration of Intent between Reykjavík Geothermal and Ölfus
On the 20th of August 2020 a town council meeting was held where the Öfus municipality in Iceland approved Reykjavík Geothermal's plans to carry out reconnaissance/exploration surface study of the wider Bolaalda area. Furthermore, the town council of Ölfus...