Iceland Taps Magma for 24/7 Geothermal Energy Source

Renewable energy has always faced a significant bottleneck for broader acceptance – the wind doesn’t blow 24 hours a day, the sun doesn’t always shine, and 24/7 renewable power sources such as hydroelectric dams require massive investment before coming operational. Given that consumers are solely concerned with bottom line, the cost of a kilowatt-hour, renewables have faced an uphill struggle to gain acceptance.One 24/7 potential source of renewable energy is geothermal, and now Iceland has apparently surmounted one of the industry’s…

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