For the Future - For the Environment - Renewable and Sustainable

Our sustainable future depends on renewable energy

Iceland is the world's premier showcase for green energy and its uses. A key objective of the GRP is to market Iceland’s proven approach for providing integrated renewable and sustainable energy solutions around the world.

GRP and Cornell University have been working together on clean and renewable energy projects and promoting cooperation in research and education. A key element of the collaboration is to frame the Icelandic experience of integrating the use of its geothermal and hydro resources as a model to transform current energy systems in U.S. and elsewhere to clean district energy systems that are supplied by renewable energy harnessed in a sustainable manner.    

GRP Ltd. is a facilitator for the Icelandic model within the Iceland Geothermal Cluster to promote the uniqueness of clean energy internationally.


The aim is ecological balance, economic prosperity and social progress.

Knowledge transfer is a good way to mirror the successful Icelandic model for integrated renewable and sustainable solutions in the US. Starting with the proposed transformation of Cornell district energy and smart grid system from natural gas a renewable energy supply.

Pioneer projects

In Iceland we have pioneer projects in the international geothermal industry.

Multiple uses of a variety of resources is a part of the conceptand in Iceland we have more applications from one geothermal stream than any other in the world:

Tourism, spas, swimming pools, skincare and cosmetic production, algae formation, carbon recycling, mineral extraction, greenhouses, molecular farming, health care, data centers, aquaculture, fish farming, food production, soil warming, industrial heating, industrial processing. 


We offer our services to new and existing ventures that want to create or be a part of a clean, green, innovative environment. We are the facilitator to turn to if you want to establish connections with Icelandic know-how.

Cornell is designing a renewable energy park with sustainability benefits for possible deployment on the Cornell campus in Ithaca by using an integrated systems approach - in part based on the Icelandic model.  Cornell and GRP will work together on the campus transformation towards a zero carbon future as a model for other campuses and communities -  developing a roadmap for implementing a Renewable Energy Park.


Sustainability is more than just a concept in Icelandic society. It has shaped the country and laid the groundwork for this flourishing nation. Iceland has a fiscal infrastructure that is unlike any other in the world.

The vision is to implement the proven solutions we have in Iceland and offer towns and cities in the U.S. and elsewhere the same possibilities.

The vision is to see Cornell and GRP working together to spearhead the campus transformation towards a zero carbon future as a model for other campuses and communities.

Concentrate on mirroring the Icelandic clean energy economy with emphasize on district heating and how it can help with deployment in the US.

Interdisciplinary services

Interdisciplinary collaboration is strongly encouraged by the GRP. Iceland is a prime example of the value of interdisciplinary collaboration, which is leading to new ideas, new inventions, and innovative thinking.

The whole world should look to Iceland for lessons in sustainability - not to mention the social responsibility of going green.

The GRP's services include technology packages, certifications, commissions and licensing, consulting, marketing and promotion, courses, workshops, classes, training programs, research, grants, patents.

Jefferson W. Tester

Jefferson W. Tester


Dr. Tester is the Croll Professor of Sustainable Energy Systems in the School of Chemical and Biomolecular Engineering at Cornell University. He also serves as Director of the Cornell Energy Institute and a Fellow in the Atkinson Center for a Sustainable Future. Prior to his appointment at Cornell in 2009, Dr. Tester was the H.P. Meissner Professor of Chemical Engineering at the Massachusetts Institute of Technology where he served as Director of MIT's Energy Laboratory (1989-2001) and Director of MIT's School of Chemical Engineering Practice (1980-1989). His research on renewable and conventional energy extraction and conversion and environmental control technologies has resulted in over 200 scientific publications and 10 co-authored books. Professor Tester is a fellow of the Royal Society of Chemistry and currently a member of the IPCC's Working Group on Renewable Energy Sources, and advisory boards of the National Renewable Energy Laboratory, the American Council of Renewable Energy, Idaho National Laboratory, and Los Alamos National Laboratory.


Albert Albertsson

Albert Albertsson


Mr. Albertsson is the chairman of the Iceland Geothermal Cluster Initiative and visionary for the geothermal power company HS Orka. He has served on the boards of several companies and was CEO of the Icelandic Magnesium Corp. Mr. Albertsson has worked in the geothermal industry since 1977, when he introduced the Resource Park Concept. Today the Resource Park is a proven concept, as is evidenced in the numerous spinoff companies from the geothermal power plants at Svartsengi and Reykjanes that utilize effluent streams as their resource. Mr. Albertsson has spearheaded R&D activities at HS Orka and is an author and co-author of many papers. Mr. Albertsson is also one of the founders of the Icelandic Deep Drilling Project.


Ríkharður Ibsen

Ríkharður Ibsen


Mr. Ibsen is the GRP director. He was the managing director for Blue Diamond Productions, which has for many years been working for Energy in Iceland on strategic development, image consulting and promotion. Mr. Ibsen has been involved with the geothermal industry for over 20 years. Mr. Ibsen has served on the boards of many different companies and is now a member of the Board of Directors at Promote Iceland. Promote Iceland is a public-private partnership established to improve the competitiveness of Icelandic companies in foreign markets and to stimulate economic growth through increased export. Mr. Ibsen was appointed as Chairman of the Board of Kalka - waste management in 2010 and, as acting chairman, led the total transformation and reconstruction of the company. He has created more than 200 business plans and has been involved with numerous business start-ups, research and reconstruction projects. Ríkharður Ibsen is also one of the founders  and former director of the Confederation of employers on the Reykjanes Peninsula (SAR). 


Ingvar Eyfjörð

Ingvar Eyfjörð


Mr. Eyfjörð has been involved in the seafood business for more than 20 years. He has progressed through a range of management positions within the largest seafood groups in Iceland, both domestically and abroad, and he has gained unique experience within the industry on a global level. He was the Deputy CEO of Icelandic Group, one of the biggest companies in Iceland, and has been selected for membership on the boards of many different companies. Ingvar has participated as an investor in numerous business start-ups and restructuring projects. His specialties are in food manufacturing, fisheries and sales and marketing. For over 2 years he has served as a consultant in investment projects connected to the GRP.



Market the GRP

• Promote and market  Iceland as a showcase for green energy deployment.

• Develop the value chain.

• Attract innovative programs.

• Create a totally clean energy infrastructure.

Develop the GRP

• Serve as a laboratory to develop clean energy solutions for a sustainable future.

• Fulfill our moral responsibility to support, protect and sustain our planet.

• Advance environmentally sustainable sources of healthy food.

Expand the concept

• Build on R&D, to combine profit with sustainability.

• Create a 100% green, zero carbon footprint environment for reliable energy.

• Propose and promote business initiatives that will further the GRP concept.

• Expand the GRP concept to other industries to exploit their "waste" heat and "waste" resources.

Totally green

• Iceland is the world pioneer in geothermal industries.

• When it comes to renewable green energy this little island in the north is a global leader.

• Iceland can become the first country in the world with a totally green, zero carbon emission economy.

Iceland is the hotspot!

When it comes to sustainable green energy, this little island in the north Atlantic is the global leader, with more than 85% of its primary energy derived from renewable resources.

Geothermal is already Iceland's biggest energy source and is growing rapidly. more than 90% of Iceland's district heating comes from geothermal low temperature areas, and almost 100% of its electricity comes from green energy (hydroelectric and geothermal).

The agenda is to frame the Icelandic experience and use it to transform the power source into green energy harnessed in a sustainable manner – proven solutions from Iceland.

Iceland's use of geothermal can have a profound impact on the whole world.

With a population of only 330,000, Iceland is leading the way in green, renewable energy.

Since this small nation near the Arctic Circle has developed a renewable energy policy that meets more than 85% of its needs,

then the rest of the world can look to Iceland for lessons in sustainability.

The Real use of power

Iceland is THE Hotspot. When it comes to sustainable green energy this little island in the north is a global leader. Over 85% of primary energy supply in Iceland derives from renewable energy sources - geothermal plays the biggest part and is growing rapidly. 90% of Iceland's district heating comes from geothermal low-temperature areas and almost 100% of all its electricity production comes from green energy (hydroelectric and geothermal). Iceland's way of geothermal living is profound -with only a population of 330.000 Iceland is leading the way in geothermal green renewable energy. If a small nation in the north can develop a renewable energy policy that currently meets over 85% of its needs - then the whole world has hope still.

Piece of cake Running on empty

Power plant

Energy is life

Power Plant Earth is an exhibition located in Reykjanesvirkjun - geothermal power plant operated by HS Orka in the Resource Park.

From the "big bang theory" of how the universe evolved from the size of a grapefruit to the harnessing of geothermal energy in the Reykjanes peninsula, the exhibition shows how man utilizes different energy sources and how we benefit from it in our everyday lives.

The location is in one of the most beautiful lava fields in Iceland and its surroundings make it an extraordinary place to visit.

It is a part of the Blue Diamond, one of the fastest growing tourist route in Iceland covering about 100 km looping from Reykjavik into the Reykjanes Peninsula and back.


Impressive showpieces

The exhibition's most impressive showpieces are two geothermal turbine's generating 100 MW of "green" electrical power, enough to keep Reykjavík City running on a good day.

The plant processes environmentally safe energy from geothermal heat in front of its guests as well as revealing the importance that mankind exploits the energy recourses of the earth in a sensible, self-sufficient and sustainable way. The exhibition emphasizes the grandeur and uniqueness of the Reykjanes peninsula.

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Contact information

Iceland Office
Flugvallarbraut 941
235 Reykjanesbær
US Office
2160 Snee Hall
Ithaca, New York
Tel +354 421 7891

Ríkharður Ibsen is the managing director of the Confederation of employers on the Reykjanes Peninsula (SAR) and the manager of Arctic Reykjanes Ltd.