IDDP Drills Into a New Era of Steam Energy Potential
Iceland Deep Drilling Project (IDDP) recently announced they almost reached into 5km down into the heart of a volcano where temperatures about 500C. The project aims to ‘drill’ a new era of the geothermal energy industry.
According to the IDDP, the project almost reached 5 km down into one of the most volcanically active places in the world, Reykjanes peninsula. Researchers aim to bring steam from 5 km deep up to the surface to provide a vital source of geothermal energy. Asgeir Margeirsson, CEO of the IDDP said they will reach their goal in a few weeks if everything goes well.