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Jarðhitagarður (e. Geothermal Park) is owned by ON Power. It encompasses a wide range of operations, which aim to utilize the resources of Hellisheidi Power Plant in the best way possible, benefit the environment and create value. The resources available are electricity, cold water, hot water, steam and carbon dioxide.
The area of the Geothermal park is 103 hectares, located in close proximity to the Geothermal Power plant. The lots are in sizes ranging from 0.1 to 16.5 ha organized to suit the needs of different types of companies.
The area is part of a beautiful, unoccupied land and is close to natural hiking paths. ON Power is ambitious to keep the area well maintained and attractive and to treat nature with the utmost respect as the Geothermal park takes shape.
As a part of the Geothermal park, ON Power has arranged facilities where scientists, entrepreneurs and businesses can connect to and do trials with the local resources. This is an ideal first-step opportunity, minimizing risk for those interested in setting up facilities in the area.
A local amendment for the area has been approved and the lots are ready for construction.
Iceland is well connected to America and Europe
Iceland is a part of the European Economic Area and is located between Europe and North-America. The environment is business friendly and the population is highly educated.
Iceland is only a 3.5 hour flight from Western Europe and a 5.0 hour flight from U.S. East Coast
The Geothermal park is located 30 kilometers from Reykjavík, the capital of Iceland, next to the Hellisheidi geothermal power station. The area of the Geothermal park is 130 hectares and the plots are organized to suit the needs of different types of companies. Close by is the growing municipality of Ölfus, boasting a good harbour. More daily direct connections to North American destinations than all the other Nordic capital airports combined - Daily connection to N-American destinations eða Direct connections/flights to 28 N-American destinations.See Overview
What is Geothermal Energy?
Iceland is geologically unique as it is situated on divergent boundaries of tectonic plates as well as on a high temperature volcanic belt. Geothermal energy is central to the daily life of most Icelanders as heat from the Earth´s depth carries with water and steam to the surface in large areas across the country.
Hellisheidi is ideal for harvesting geothermal energy as it is situated in a high-temperature geothermal field with water temperature over 200° at a depth of 1000 meters. Cracks and fractures in the rock face facilitates the flow of water carrying geothermal heat to the Earth’s surface. The circle of energy is formed as cold water on the surface seeps through the Earth’s stratums, is heated by magma intrusions and rises to the surface again as hot springs/fumaroles.
The Hellisheidi Power Plant utilises geothermal liquid from boreholes. Steam and water are separated and travel through different systems in the process. The steam is used to power turbines that propel generators that make electricity. The water from the separators is used to heat ground water that is conducted to the capital for central heating. The separator water is then pumped back into a well and thus travels in a closed circuit.
ON Power and Hellisheiði Geothermal Plant
Hellisheiði Geothermal Power Plant
Hellisheiði Geothermal Power Plant
The Geothermal park is located 30 kilometers from Reykjavík, the capital of Iceland, next to the Hellisheidi geothermal power plant. The plant provides electricity and hot water for space heating in the industrial and domestic sectors of Iceland. Production capacity is 303 MW electricity and 133 MW thermal energy.
About ON Power
Jarðhitagarður (e. Geothermal Park) is owned by ON Power - a leading energy company in Iceland that operates the largest geothermal powerplant in the world. ON Power supplies homes, businesses and industrial clients with 100% pure, green and renewable energy at highly competetive prices.