{"id":182121,"date":"2019-10-01T10:08:51","date_gmt":"2019-10-01T10:08:51","guid":{"rendered":"https:\/\/icelandictimes.com\/the-icelandic-geothermal-model-is-changing-china\/"},"modified":"2024-04-24T03:36:14","modified_gmt":"2024-04-24T03:36:14","slug":"the-icelandic-geothermal-model-is-changing-china","status":"publish","type":"post","link":"https:\/\/icelandictimes.com\/is\/the-icelandic-geothermal-model-is-changing-china\/","title":{"rendered":"The Icelandic geothermal model is changing China"},"content":{"rendered":"\r\n<p class=\"wp-block-paragraph\"><strong>Arctic Green Energy\u2019s joint venture with China\u2019s Sinopec has become the world\u2019s largest and fastest growing geothermal district heating company which is revolutionising China at time of Global Warming<\/strong><\/p>\r\n\r\n\r\n\r\n<h5 class=\"wp-block-heading\">Bit of History<\/h5>\r\n\r\n\r\n\r\n<div class=\"wp-block-image\">\r\n<figure class=\"alignright\"><a href=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Winston-Churchill.jpg\"><img decoding=\"async\" width=\"219\" height=\"338\" class=\"wp-image-174091\" src=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Winston-Churchill.jpg\" alt=\"Winston Churchill in Iceland\" srcset=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Winston-Churchill.jpg 219w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Winston-Churchill-97x150.jpg 97w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Winston-Churchill-194x300.jpg 194w\" sizes=\"(max-width: 219px) 100vw, 219px\" \/><\/a><\/figure>\r\n<\/div>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">In 1930 the people of Reykjav\u00edk \u2013 \u2018Smokey Bay\u2019 \u2013 began to use hot water coming from the ground to heat their houses. The tiny capital was given its name when the first settlers saw the steam rising from hot springs. Coal burning pollution had become a massive problem, so the locals were turning to the hot water to heat houses. Iceland was poor and isolated out at the furthest point in the North Atlantic. In the mid-thirties, Austurb\u00e6jarsk\u00f3li, an elementary school in Reykjav\u00edk, became the first building to be heated with geothermal energy.<\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-image\">\r\n<figure class=\"alignleft is-resized\"><a href=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Churchill-in-Iceland.jpg\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" class=\"wp-image-174098\" src=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Churchill-in-Iceland.jpg\" alt=\"Churchill in Iceland\" width=\"257\" height=\"146\" srcset=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Churchill-in-Iceland.jpg 375w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Churchill-in-Iceland-150x85.jpg 150w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Churchill-in-Iceland-300x170.jpg 300w\" sizes=\"(max-width: 257px) 100vw, 257px\" \/><\/a><\/figure>\r\n<\/div>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">In August 1941 during World War II, Winston Churchill visited Iceland after meeting President Roosevelt to sign the Atlantic Treaty. During his visit to Iceland, Churchill put up the V-sign for victory for the first time. At that point, the Nazis ruled Europe, bombing London and English cities, while Japan ruled Asia and occupied China.<\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-image\">\r\n<figure class=\"alignright\"><a href=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Churchill-visiting-geothermal-pools-in-Iceland.jpg\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"276\" height=\"230\" class=\"wp-image-174108\" src=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Churchill-visiting-geothermal-pools-in-Iceland.jpg\" alt=\"Churchill visiting geothermal pools in Iceland\" srcset=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Churchill-visiting-geothermal-pools-in-Iceland.jpg 276w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Churchill-visiting-geothermal-pools-in-Iceland-150x125.jpg 150w\" sizes=\"(max-width: 276px) 100vw, 276px\" \/><\/a><\/figure>\r\n<\/div>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">The prospects were grim but changes were coming. Churchill marvelled at the locals\u2019 use of hot water which, he believed, was a sign for the future. He visited Reykjadal \u2013 Smokey Valley \u2013 to the East of the capital where they were drilling for hot water. It was only natural to tap into it. The locals use had been limited basically to swimming in warm water pools and the women washing their laundry in the warm water around the country. That had been about it.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">As houses were heated with the hot water, Reykjav\u00edk became the cleanest capital of the World. Little did they know that their drilling would springboard Iceland to the top of the world of geothermal energy. It would take time but slowly and surely the tiny nation progressed, though the road was quite bumpy at times.<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-gallery columns-2 is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\r\n<ul class=\"blocks-gallery-grid\">\r\n<li class=\"blocks-gallery-item\">\r\n<figure><a href=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Reykjavik-Coal-heating-1938.jpg\"><img decoding=\"async\" width=\"601\" height=\"303\" class=\"wp-image-174114\" src=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Reykjavik-Coal-heating-1938.jpg\" alt=\"Churchill visiting geothermal pools in Iceland\" data-id=\"174114\" data-link=\"https:\/\/icelandictimes.com\/?attachment_id=174114\" srcset=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Reykjavik-Coal-heating-1938.jpg 601w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Reykjavik-Coal-heating-1938-150x76.jpg 150w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Reykjavik-Coal-heating-1938-300x151.jpg 300w\" sizes=\"(max-width: 601px) 100vw, 601px\" \/><\/a><\/figure>\r\n<\/li>\r\n<li class=\"blocks-gallery-item\">\r\n<figure><a href=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Reykjavik-now.jpg\"><img decoding=\"async\" width=\"615\" height=\"303\" class=\"wp-image-174119\" src=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Reykjavik-now.jpg\" alt=\"Reykjavik now\" data-id=\"174119\" data-link=\"https:\/\/icelandictimes.com\/?attachment_id=174119\" srcset=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Reykjavik-now.jpg 615w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Reykjavik-now-150x74.jpg 150w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Reykjavik-now-300x148.jpg 300w\" sizes=\"(max-width: 615px) 100vw, 615px\" \/><\/a><\/figure>\r\n<\/li>\r\n<\/ul>\r\n<\/figure>\r\n\r\n\r\n\r\n<h5 class=\"wp-block-heading\">Industrialisation based on green energy<\/h5>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">There are two main methods of harnessing geothermal energy. High temperature Geothermal with over 150\u00b0 Celsius has traditionally been harnessed to generate electricity. The other method, the direct use of the geothermal water, is perhaps even more important and has been used for everything from house heating, to greenhouses, aquaculture and tourism.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">In the late sixties \u2013 fifty years ago \u2013 Iceland was in a deep economic crisis as the herring had failed to migrate into Icelandic waters from the Norwegian Sea. Thousands of Icelanders migrated overseas, mostly to Sweden but Canada and Australia as well. Iceland was in the custody of the World Bank. However ambitious industrialisation plans started to transform the country as Iceland began harnessing its powerful glacier waters and built its first Aluminium smelter.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">In the late eighties construction began on the high-enthalpy geothermal system at Hengill Mountain by the Thingvellir National Park. The plant combined geothermal hot water for heating and an electricity generating power plant for Reykjav\u00edk. Nesjavellir geothermal power plant was in operation by 1990. Iceland had become the geothermal world leader and living standards rocketed to the top five with the abundance of energy. Electricity generated from geothermal sources is now responsible for over 35% of Iceland\u2019s primary energy generation, with the rest of the primary energy generated from hydroelectric. Iceland was, until recently, the only country around the globe that generated 100% of its primary energy from renewables. Now Costa Rica has become the 2nd country of this prestigious club.<\/p>\r\n\r\n\r\n\r\n<h5 class=\"wp-block-heading\">Higher life expectancy<\/h5>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">Since that time the geothermal district heating systems of Iceland have reached over 95% of all heated areas in the country. Geothermal is the only renewable energy that does not require batteries of some sort and therefore the only renewable suitable for heating and cooling cities, since there are no batteries that can handle such tasks. As Icelanders soon discovered, geothermal has brought many benefits to the environment, public health and the economy. Older Icelanders will still remember the smog that covered Reykjav\u00edk on still winter days and the pollution that accompanied the import and burning of coal to stay warm. Medical studies have shown a higher life expectancy materialising with the elimination of coal. Respiratory disease cases dropped fast. On the economic front, Iceland is now saving significant amounts of foreign currency that would have been required to replenish the coal supplies needed previously every winter.<\/p>\r\n\r\n\r\n\r\n<h5 class=\"wp-block-heading\">Arctic Green Energy\u2019s partnership with Sinopec<\/h5>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">In 2006 Enex China \u2013 which became Arctic Green Energy \u2013 was originally established by Reykjav\u00edk municipality Power Company and partners. This effort was a direct result of former Chinese President Jiang Zemin visiting his Icelandic counterpart \u00d3lafur Ragnar Gr\u00edmsson, who showed him the Icelandic geothermal infrastructure. The mission of the new company was to export Iceland\u2019s success and leadership in Geothermal energy. The company in China was still small when Sinopec \u2013 the world\u2019s 3rd largest company \u2013 acquired the Chinese partner in 2009 and Haukur Har\u00f0arson acquired Enex China in 2011.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">Sinopec Green Energy was founded with the Chinese side holding 51% and the Icelandic side 49%. Milestone agreements for the rapid expansion of the partnership were signed in Reykjav\u00edk by the chairmen of Sinopec Group and Arctic Green Energy. The signing was witnessed by Prime Minister J\u00f3hanna Sigur\u00f0ard\u00f3ttir and Katr\u00edn Jakobsd\u00f3ttir who, in 2018, became Prime Minister in Iceland, along with Premier Wen Jiabao on the Chinese side. President \u00d3lafur Ragnar Gr\u00edmsson would visit Sinopec Green Energy in China. Iceland\u2019s leaders were keen to follow Sinopec Green Energy\u2019s journey as they believed the country had something special to offer the world.<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-gallery columns-2 is-cropped wp-block-gallery-2 is-layout-flex wp-block-gallery-is-layout-flex\">\r\n<ul class=\"blocks-gallery-grid\">\r\n<li class=\"blocks-gallery-item\">\r\n<figure><img decoding=\"async\" width=\"1024\" height=\"599\" class=\"wp-image-174128\" src=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Arctic-Green-Energy-Sinopec-1-1024x599.jpg\" alt=\"Arctic Green Energy &amp; Sinopec\" data-id=\"174128\" data-link=\"https:\/\/icelandictimes.com\/?attachment_id=174128\" srcset=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Arctic-Green-Energy-Sinopec-1-1024x599.jpg 1024w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Arctic-Green-Energy-Sinopec-1-150x88.jpg 150w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Arctic-Green-Energy-Sinopec-1-300x175.jpg 300w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Arctic-Green-Energy-Sinopec-1-768x449.jpg 768w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/Arctic-Green-Energy-Sinopec-1.jpg 1746w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\r\n<\/li>\r\n<li class=\"blocks-gallery-item\">\r\n<figure><img decoding=\"async\" width=\"1024\" height=\"491\" class=\"wp-image-174133\" src=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/\u00d3lafur-Ragnar-Gr\u00edmsson-1024x491.jpg\" alt=\"\u00d3lafur Ragnar Gr\u00edmsson\" data-id=\"174133\" data-link=\"https:\/\/icelandictimes.com\/?attachment_id=174133\" srcset=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/\u00d3lafur-Ragnar-Gr\u00edmsson-1024x491.jpg 1024w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/\u00d3lafur-Ragnar-Gr\u00edmsson-150x72.jpg 150w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/\u00d3lafur-Ragnar-Gr\u00edmsson-300x144.jpg 300w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/\u00d3lafur-Ragnar-Gr\u00edmsson-768x369.jpg 768w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/\u00d3lafur-Ragnar-Gr\u00edmsson.jpg 1073w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\r\n<\/li>\r\n<\/ul>\r\n<\/figure>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><em><strong>The start.<\/strong> Fu Chengyu and Haukur Har\u00f0arson sign the agreement attended by China\u2018s Premier Wen Jiabao, Iceland\u2018s PM J\u00f3hanna Sigur\u00f0ard\u00f3ttir and present PM Katr\u00edn Jakobsd\u00f3ttir. <strong>Picture to the right:<\/strong> President of Iceland \u00d3lafur Ragnar Gr\u00edmsson visited Sinopcec Green Energy.<\/em><\/p>\r\n\r\n\r\n\r\n<h5 class=\"wp-block-heading\">Phenomenal success<\/h5>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1579\" height=\"1052\" class=\"wp-image-180345\" src=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2020\/02\/Fu-Chengyu-President-\u00d3lafur-Ragnar-Gr\u00edmsson-Haukur-Har\u00f0arson.jpg\" alt=\"\" srcset=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2020\/02\/Fu-Chengyu-President-\u00d3lafur-Ragnar-Gr\u00edmsson-Haukur-Har\u00f0arson.jpg 1579w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2020\/02\/Fu-Chengyu-President-\u00d3lafur-Ragnar-Gr\u00edmsson-Haukur-Har\u00f0arson-768x512.jpg 768w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2020\/02\/Fu-Chengyu-President-\u00d3lafur-Ragnar-Gr\u00edmsson-Haukur-Har\u00f0arson-1536x1023.jpg 1536w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2020\/02\/Fu-Chengyu-President-\u00d3lafur-Ragnar-Gr\u00edmsson-Haukur-Har\u00f0arson-360x240.jpg 360w\" sizes=\"(max-width: 1579px) 100vw, 1579px\" \/>\r\n<figcaption>Fu Chengyu Chairman of Sinopec Group, President \u00d3lafur Ragnar Gr\u00edmsson, <br \/>Haukur Har\u00f0arson, Chairman &amp; Founder Arctic Green Energy.<\/figcaption>\r\n<\/figure>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">Sinopec Green Energy\u2019s success in China has been phenomenal; in fact, it has been revolutionising China just as geothermal energy revolutionised Iceland. SGE has become the world\u2019s largest geothermal company and has drilled over 520 wells and started operations across 60 cities and counties in China; mostly in Hebei, Shaanxi, Shanxi, Shandong and Tianjin and is now working on Xiongan; China\u2019s first \u201csmog free city\u201d emerging as a global showcase of sustainability.<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1726\" height=\"914\" class=\"wp-image-180350\" src=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2020\/02\/Fu-Chengyu-President-\u00d3lafur-Ragnar-Gr\u00edmsson-Haukur-Har\u00f0arson-others-at-Bessast\u00f6\u00f0um.jpg\" alt=\"\" srcset=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2020\/02\/Fu-Chengyu-President-\u00d3lafur-Ragnar-Gr\u00edmsson-Haukur-Har\u00f0arson-others-at-Bessast\u00f6\u00f0um.jpg 1726w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2020\/02\/Fu-Chengyu-President-\u00d3lafur-Ragnar-Gr\u00edmsson-Haukur-Har\u00f0arson-others-at-Bessast\u00f6\u00f0um-768x407.jpg 768w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2020\/02\/Fu-Chengyu-President-\u00d3lafur-Ragnar-Gr\u00edmsson-Haukur-Har\u00f0arson-others-at-Bessast\u00f6\u00f0um-1536x813.jpg 1536w\" sizes=\"(max-width: 1726px) 100vw, 1726px\" \/>\r\n<figcaption>Fu Chengyu, President \u00d3lafur Ragnar Gr\u00edmsson, Haukur Har\u00f0arson &amp; others at Bessast\u00f6\u00f0um<\/figcaption>\r\n<\/figure>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">\u201cPresident \u00d3lafur Ragnar Gr\u00edmsson\u2019s role in building the geothermal relationship between Iceland and all of Asia cannot be overstated,\u201d says Haukur Har\u00f0arsson and continues. \u201cAs a head of state, he stood out among his peers as a man of vison and passion, with a strong credible voice for environmental affairs, long before it became fashionable. He has carried this torch with him to his new role as the chairman of the Arctic Circle, the global platform on Arctic Affairs. For us and our partners, the Arctic Circle Assembly has become our central and preferred platform when it comes to signing milestone agreements or sharing with the renewable energy world our work in China and elsewhere on the Eurasian continent.\u201d<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-gallery columns-2 is-cropped wp-block-gallery-3 is-layout-flex wp-block-gallery-is-layout-flex\">\r\n<ul class=\"blocks-gallery-grid\">\r\n<li class=\"blocks-gallery-item\">\r\n<figure><a href=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/The-Icelandic-model-in-Chine.jpg\"><img decoding=\"async\" width=\"678\" height=\"346\" class=\"wp-image-174164\" src=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/The-Icelandic-model-in-Chine.jpg\" alt=\"The Icelandic model in Chine\" data-id=\"174164\" data-link=\"https:\/\/icelandictimes.com\/?attachment_id=174164\" srcset=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/The-Icelandic-model-in-Chine.jpg 678w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/The-Icelandic-model-in-Chine-150x77.jpg 150w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/The-Icelandic-model-in-Chine-300x153.jpg 300w\" sizes=\"(max-width: 678px) 100vw, 678px\" \/><\/a><\/figure>\r\n<\/li>\r\n<li class=\"blocks-gallery-item\">\r\n<figure><a href=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/The-Icelandic-Model.jpg\"><img decoding=\"async\" width=\"692\" height=\"346\" class=\"wp-image-174169\" src=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/The-Icelandic-Model.jpg\" alt=\"The Icelandic Model\" data-id=\"174169\" data-link=\"https:\/\/icelandictimes.com\/?attachment_id=174169\" srcset=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/The-Icelandic-Model.jpg 692w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/The-Icelandic-Model-150x75.jpg 150w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/08\/The-Icelandic-Model-300x150.jpg 300w\" sizes=\"(max-width: 692px) 100vw, 692px\" \/><\/a><\/figure>\r\n<\/li>\r\n<\/ul>\r\n<\/figure>\r\n\r\n\r\n\r\n<h5 class=\"wp-block-heading\">China\u2019s geothermal revolution<\/h5>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">Sinopec Green Energy operations have reduced CO\u2082 emissions dramatically. It\u2019s the first geothermal company in China to apply large scale re-injection and owns some of the most valuable patents in the industry, including re-injection technology patents. SGE has close to 50 million square metres of heating capacity, serving more than 2,000,000 customers with 399 heat centres \u2013 all in just a few years. Sinopec Green Energy has proven that the most effective way of reducing air pollution and greenhouse emissions is to replace coal driven district heating systems with geothermal energy. Sinopec Green Energy is expanding to other branches of renewables in addition to geothermal. Geothermal will, however, as the only renewable available 24\/7 and needing no battery storage, remain the backbone of such multiple renewable energy systems. Thus, Iceland\u2019s expertise and leadership in geothermal and clean tech has been extremely beneficial to China.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">SGE leadership in China is not only in its market share (about 40%) but also in having shaped the industry. Its projects in Xiongan are now the official showcases for harnessing geothermal energy for district heating and geothermal exploration. The company was the first geothermal company globally to get carbon trading accreditation by the UN. It was the first to introduce large scale geothermal re-injection of used geothermal brine and is today owner of over 50 patents. The green energy potential has really been a surprise and the first officially recognised smog free city in Xiongan New Area outside Peking will be a benchmark for the future.<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-gallery columns-2 is-cropped wp-block-gallery-4 is-layout-flex wp-block-gallery-is-layout-flex\">\r\n<ul class=\"blocks-gallery-grid\">\r\n<li class=\"blocks-gallery-item\">\r\n<figure><img decoding=\"async\" width=\"635\" height=\"346\" class=\"wp-image-174176\" src=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/09\/Artic-Green-Energy-Corporation-China.jpg\" alt=\"Artic Green Energy Corporation China\" data-id=\"174176\" data-link=\"https:\/\/icelandictimes.com\/?attachment_id=174176\" srcset=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/09\/Artic-Green-Energy-Corporation-China.jpg 635w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/09\/Artic-Green-Energy-Corporation-China-150x82.jpg 150w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/09\/Artic-Green-Energy-Corporation-China-300x163.jpg 300w\" sizes=\"(max-width: 635px) 100vw, 635px\" \/><\/figure>\r\n<\/li>\r\n<li class=\"blocks-gallery-item\">\r\n<figure><img decoding=\"async\" width=\"661\" height=\"372\" class=\"wp-image-174181\" src=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/09\/Enviromewntal-Statistics.jpg\" alt=\"Enviromewntal Statistics\" data-id=\"174181\" data-link=\"https:\/\/icelandictimes.com\/?attachment_id=174181\" srcset=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/09\/Enviromewntal-Statistics.jpg 661w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/09\/Enviromewntal-Statistics-150x84.jpg 150w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/09\/Enviromewntal-Statistics-300x169.jpg 300w\" sizes=\"(max-width: 661px) 100vw, 661px\" \/><\/figure>\r\n<\/li>\r\n<\/ul>\r\n<\/figure>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">China is emulating Iceland\u2019s miraculous rise to good effect and is itself being revolutionised by the Icelandic model.<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-gallery columns-2 is-cropped wp-block-gallery-5 is-layout-flex wp-block-gallery-is-layout-flex\">\r\n<ul class=\"blocks-gallery-grid\">\r\n<li class=\"blocks-gallery-item\">\r\n<figure><a href=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/09\/Enviromental-issues.jpg\"><img decoding=\"async\" width=\"655\" height=\"402\" class=\"wp-image-174916\" src=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/09\/Enviromental-issues.jpg\" alt=\"Enviromental issues\" data-id=\"174916\" data-link=\"https:\/\/icelandictimes.com\/?attachment_id=174916\" srcset=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/09\/Enviromental-issues.jpg 655w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/09\/Enviromental-issues-150x92.jpg 150w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/09\/Enviromental-issues-300x184.jpg 300w\" sizes=\"(max-width: 655px) 100vw, 655px\" \/><\/a><\/figure>\r\n<\/li>\r\n<li class=\"blocks-gallery-item\">\r\n<figure><a href=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/09\/Cleaner-cities.jpg\"><img decoding=\"async\" width=\"632\" height=\"416\" class=\"wp-image-174921\" src=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/09\/Cleaner-cities.jpg\" alt=\"\" data-id=\"174921\" data-link=\"https:\/\/icelandictimes.com\/?attachment_id=174921\" srcset=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/09\/Cleaner-cities.jpg 632w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/09\/Cleaner-cities-150x99.jpg 150w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/09\/Cleaner-cities-300x197.jpg 300w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/09\/Cleaner-cities-100x65.jpg 100w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/09\/Cleaner-cities-260x170.jpg 260w\" sizes=\"(max-width: 632px) 100vw, 632px\" \/><\/a><\/figure>\r\n<\/li>\r\n<\/ul>\r\n<\/figure>\r\n\r\n\r\n\r\n<h5 class=\"wp-block-heading\">The Icelander living in Saigon<\/h5>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">The man behind Arctic Green Energy, Haukur Har\u00f0arson, and his family have been living in Saigon, Vietnam since 1992 with intervals, this time since 2008. Har\u00f0arson is educated as an architect. One of his last projects in Iceland was the Stock Exchange building in Reykjav\u00edk.<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image\"><a href=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/10\/Haukur-Har\u00f0arson-\u00d3lafur-Ragnar-Gr\u00edmsson.jpg\"><img decoding=\"async\" width=\"1005\" height=\"1024\" class=\"wp-image-174935\" src=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/10\/Haukur-Har\u00f0arson-\u00d3lafur-Ragnar-Gr\u00edmsson-1005x1024.jpg\" alt=\"President of Iceland \u00d3lafur Ragnar Gr\u00edmsson\" srcset=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/10\/Haukur-Har\u00f0arson-\u00d3lafur-Ragnar-Gr\u00edmsson-1005x1024.jpg 1005w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/10\/Haukur-Har\u00f0arson-\u00d3lafur-Ragnar-Gr\u00edmsson-147x150.jpg 147w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/10\/Haukur-Har\u00f0arson-\u00d3lafur-Ragnar-Gr\u00edmsson-294x300.jpg 294w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/10\/Haukur-Har\u00f0arson-\u00d3lafur-Ragnar-Gr\u00edmsson-768x782.jpg 768w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/10\/Haukur-Har\u00f0arson-\u00d3lafur-Ragnar-Gr\u00edmsson.jpg 1387w\" sizes=\"(max-width: 1005px) 100vw, 1005px\" \/><\/a>\r\n<figcaption>Haukur Har\u00f0arson &amp; former President of Iceland \u00d3lafur Ragnar Gr\u00edmsson<\/figcaption>\r\n<\/figure>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">Arctic Green is based in Singapore and is working on assignments in Vietnam, Singapore, Kazakhstan and moving into Europe and Central Asia, working \u2013 as in China \u2013 with local partners.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">Icelandic Times met with Mr. Har\u00f0arson at AGE offices in Reykjav\u00edk. \u201cThe Sinopec Group and its subsidiaries are a brilliant partner and our co-operation has been exemplary. The Icelandic know-how is brought to the mix with results that really have been astounding. We\u2019ve proven the concept. The geothermal solution, as one of the more important parts of the global green energy transition, is not only a viable way to take down the pollution-spewing chimneys but the most effective weapon in the global fight against air pollution and climate change.\u201d<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">Mr. Har\u00f0arson points out that approximately half of all energy generation is for heating. Cities consume 70% of all energy consumed and most of that is for the purposes of heating. As an example, when the energy use of an average home in the Northern hemisphere is studied, we find that over 80% is only for heating and hot water. The lights and the various electric appliances are only responsible for under 20%.<\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-image\">\r\n<figure class=\"aligncenter\"><a href=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/10\/Heating-house-vs-Water.jpg\"><img decoding=\"async\" width=\"680\" height=\"382\" class=\"wp-image-174927\" src=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/10\/Heating-house-vs-Water.jpg\" alt=\"Heating house vs Water\" srcset=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/10\/Heating-house-vs-Water.jpg 680w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/10\/Heating-house-vs-Water-150x84.jpg 150w, https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/10\/Heating-house-vs-Water-300x169.jpg 300w\" sizes=\"(max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\r\n<\/div>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">\u201cIt goes without saying that it\u2019s a huge challenge to reduce carbon energy heating in our homes. That however is the way forward and Iceland\u2019s expertise has proven to be crucial,\u201d Har\u00f0arson points out.<\/p>\r\n\r\n\r\n\r\n<h5 class=\"wp-block-heading\">Icelandic firms excluded<\/h5>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">Arctic Green Energy and partners have received project loans from the Asian Development Bank but, as Iceland is the only country within the OECD not being a member of the Bank, Icelandic engineering companies can\u2019t be involved in projects financed through the Bank. \u201cThis is a strange situation and is keeping some of our partners, the brilliant Icelandic engineering companies, out of projects funded by the Bank. I strongly recommend to policy makers in Iceland that they resolve this and thereby support the growth of this valuable export industry,\u201d Har\u00f0arson says.<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Arctic Green Energy\u2019s joint venture with China\u2019s Sinopec has become the world\u2019s largest and fastest growing geothermal district heating company which is revolutionising China at time of Global Warming Bit of History In 1930 the people of Reykjav\u00edk \u2013 \u2018Smokey Bay\u2019 \u2013 began to use hot water coming from the ground to heat their houses. The tiny capital was given its name when the first settlers saw the steam rising from hot springs. Coal burning pollution had become a massive [&hellip;]<\/p>\n","protected":false},"author":81,"featured_media":182126,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20452,4651,1088,18884],"tags":[18885,18886,18887],"class_list":["post-182121","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-arctic-circle-is","category-business-is","category-greinar","category-it42-is","tag-arctic-green-energy-is","tag-haukur-hardarson-is","tag-sinopec-is"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Icelandic geothermal model is changing China - Icelandic Times<\/title>\n<meta name=\"description\" content=\"Arctic Green Energy\u2019s joint venture with China\u2019s Sinopec has become the world\u2019s largest &amp; fastest growing geothermal district heating company in the world.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/icelandictimes.com\/is\/the-icelandic-geothermal-model-is-changing-china\/\" \/>\n<meta property=\"og:locale\" content=\"is_IS\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Icelandic geothermal model is changing China - Icelandic Times\" \/>\n<meta property=\"og:description\" content=\"Arctic Green Energy\u2019s joint venture with China\u2019s Sinopec has become the world\u2019s largest &amp; fastest growing geothermal district heating company in the world.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/icelandictimes.com\/is\/the-icelandic-geothermal-model-is-changing-china\/\" \/>\n<meta property=\"og:site_name\" content=\"Icelandic Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/IcelandicTimes\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-01T10:08:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-24T03:36:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/icelandictimes.com\/wp-content\/uploads\/2019\/10\/China-Iceland.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1726\" \/>\n\t<meta property=\"og:image:height\" content=\"914\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hallur Hallsson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@IcelandicTimes\" \/>\n<meta name=\"twitter:site\" content=\"@IcelandicTimes\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hallur Hallsson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"12 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/icelandictimes.com\\\/is\\\/the-icelandic-geothermal-model-is-changing-china\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/icelandictimes.com\\\/is\\\/the-icelandic-geothermal-model-is-changing-china\\\/\"},\"author\":{\"name\":\"Hallur Hallsson\",\"@id\":\"https:\\\/\\\/icelandictimes.com\\\/is\\\/#\\\/schema\\\/person\\\/3aa899892708dfea0cb1315383a40987\"},\"headline\":\"The Icelandic geothermal model is changing China\",\"datePublished\":\"2019-10-01T10:08:51+00:00\",\"dateModified\":\"2024-04-24T03:36:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/icelandictimes.com\\\/is\\\/the-icelandic-geothermal-model-is-changing-china\\\/\"},\"wordCount\":1872,\"publisher\":{\"@id\":\"https:\\\/\\\/icelandictimes.com\\\/is\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/icelandictimes.com\\\/is\\\/the-icelandic-geothermal-model-is-changing-china\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/icelandictimes.com\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/China-Iceland.jpg\",\"keywords\":[\"Arctic Green Energy\",\"Haukur Har\u00f0arson\",\"Sinopec\"],\"articleSection\":[\"Arctic Circle\",\"Business\",\"Greinar\",\"Icelandic Times &#8211; 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