GEORG, a research-driven geothermal cluster initiative led by the University of Iceland, recently celebrated its fifteenth anniversary. GEORG has created numerous opportunities for students and staff at the University. One GEORG project, Krafla Magma Testbed, which aims to dramatically improve our ability to predict volcanic eruptions and develop innovative energy solutions, recently became an independent institute with a bright and exciting future.
GEORG is a non-profit organisation to support research and sustainable use of geothermal energy here in Iceland and around the world. The 23 members of GEORG include university and research institutes, energy companies, and engineering and consulting companies in Iceland and abroad; united by a commitment to reducing our reliance on fossil fuels.
Total cost of projects affiliated with GEORG exceeds ISK 65 billion
"GEORG was founded using a grant from the Science and Technology Policy Council in 2009. The grant was ISK 70 million per year for 7 years or ISK 490 million in total. That is the largest grant ever awarded to an Icelandic project," says Hjalti Páll Ingólfsson, managing director of GEORG.