The Richest Country in the world is America. The country which uses lots of modern and future technologies is Japan. Even these countries have failed to produce 100% energy from Renewable resources. A country with a population of 364 thousand and lower economic status has done this by it’s own. I am talking about Iceland which is often called the land of ice and fire. Iceland has transformed from fossil fuels to 100 % renewables. 9 in 10 homes use geo thermal heating technology for space heating. Let’s talk about How do they do it?

Iceland
is an island which lies on the Mid-Atlantic Ridge, between the North American
and Eurasian Tectonic plates. This is an active volcanic zone. So it provides
the required geothermal energy. 11% of Iceland is covered with glacier. When
the season changes, the ice melts and flow as water through the glacier rivers.
This provides the required hydro power. The heat from the volcanic zone is
harvested and used for space heating, melting ice on the sidewalks, heating swimming
pools. It is also used for the production of cosmetics. The energy harvested
from the hydro power plants are also used for powering up the industries. The
only field where Iceland depend on conventional energy source is the transport
where vehicles use fossil fuels for energy.
Now
let’s see how iceland transformed from coal and oil to renewables.
For
centuries geothermal energy is used only for washing and bathing. Hydro power production
started out in the twentieth century. In 1970s Iceland was much dependent on
imported fossil fuels. They don’t have native fossil fuels. The fossil fuel
rates are also fluctuating in the market. Iceland financial status was also at
risk. So they have decided to find a way to be independent and to produce
energy by their own in their country.
In
early twentieth century, a farmer found a way by which lot of energy can be
harvested from the geothermal energy. He used certain drilling machines from
oil industry and extracted more energy from the underground. Then Iceland
government has given funds for developing this technology. Many local
entrepreneurs came forward and developed many geothermal power stations in the
nation. In early days farmers use hydro power to power up their farm house. In
1950, 530 small hydro power plants were created all over the country. This has
provided independent energy in each part of the country. The government also
provided fund loaned money for conducting geothermal power researches. They
also provided cost recovery for failed projects. This have attracted many
entrepreneurs. Thus the district heating network was created.
Then
the government stepped up for large scale hydro power plants. This has
attracted many international companies to invest on Iceland’s hydro power plant
projects. Thus it has lead to a greater success and transition to renewables.
The
lesson learned from Iceland’s energy transition:
Even
if a country has higher financial status, there need to be a good leadership to
make this energy transition possible.
Every
citizen in a country needs to be responsible to extract energy from Renewable
resources. In Iceland many farmers have developed their own hydro energy power
plant.
Energy
production companies should make their steps forward, and need to come up with technologies
for producing energy from Renewable energy resources.
The
government should provide sufficient loan for upcoming entrepreneurs. They
should also provide cost recovery for failed projects. This will motivate many
entrepreneurs to come up with new ideas.
Limitations
in other countries :
The
renewable energy sources in each and every country changes. Engineers and
scientists have to list out the available possibilities for renewable energy
harvesting.
Iceland
is a small country. It has very less population. So it is able to power up the
whole country using renewables. But in countries like India, the population is more.
So it is very difficult to rely only on renewable energy sources.
Everything is possible. If every country tries to transform from conventional energy to renewable energy, we will have a better world with a good atmosphere.
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