Unlocking the Potential of Geothermal Energy: Strategic Implications for Iceland, Other Nations and the International Community

By: Michael E. Porter and Christian H.M. Ketels

Format:Print
| Language:English

Abstract

Professor Porter initiated the mapping of Iceland Geothermal Cluster Initiative in cooperation with the consulting company Gekon. He and his colleaque Dr. Christian Ketels introduced their findings in November 2010 at the first Iceland Geothermal Conference held in Reykjavik. Their work helped to establish the basis of the cluster creation and encouraged the Icelandic geothermal industry to strengthen itself and to focus on value creation by maximizing the utilization of Iceland's geothermal resource. The objective of the 2016 IGC conference was to increase awareness of the value of the geothermal energy resource, highlight new global business opportunities, and discuss the future of geothermal.