Committee on Energy and Natural Resources
In his testimony, President Grimsson described how Iceland has managed to transform its energy system ffrom being based on imported coal and oil, to one in which 100% of its energy production derives from renewable energy resources. Dr. Grimsson informed the Committee that 72% of Iceland´s total energy consumption comes from indigenous renewable sources, 54% from geothermal and 18% from hydropower, while only the fishing and transport fleet requires imported fossil fuel. He focused particularly on Iceland´s experience in harnessing geothermal energy, and answered questions from the Committee members.
