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As it is difficult to transport surplus energy from Iceland to any conceivable foreign market, they should be able to use geo-thermal and other renewables to run energy intensive operations such as refining of aluminum and other metallurgical operations.  Anything where bottom dollar energy costs are key.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue Oct 7th, 2008 at 01:25:54 AM EST
[ Parent ]
There are 3 aluminum smelters operating in Iceland with several more planned.  

Icelanders, being Icelanders, are having a huge argument about the ecological impact (a BIG deal in Iceland, given their natural history) as well as the economy trade offs.

by ATinNM on Tue Oct 7th, 2008 at 02:04:15 AM EST
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