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ICELAND & ENERGY: WHAT DOES THE DATA TELL US? Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] Hjalmar Gislason - Founder & CEO, DataMarket [email protected] UNIVERSITY OF ICELAND - APRIL 6 2009 Iceland & Energy: What does the data tell us?

Iceland Energy Data

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A presentation by DataMarket on the history and future of energy production in Iceland.

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Page 1: Iceland Energy Data

ICELAND & ENERGY: WHAT DOES THE DATA TELL US?Hjalmar Gislason / Founder & CEO, DataMarket - [email protected]

Hjalmar Gislason - Founder & CEO, [email protected]

UNIVERSITY OF ICELAND - APRIL 6 2009

Iceland & Energy: What does the data tell us?

Page 2: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

= 100 W

Page 3: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

1 kW

Page 4: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

1 kW * 1 hour = 1 kWh

Page 5: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

1 MWh = 1000 kWh

Page 6: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

1 GWh = 1000 MWh

Page 7: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

* 10,000,000,000 * 1 hour

1 TWh = 1000 GWh

Page 8: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Page 9: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Population320,000

Page 10: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Page 11: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Area103,000 sq km

Page 12: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Page 13: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Total energy548 TWh / a

Page 14: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

17,000,000 * * 1 hour

Page 15: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Energy per person1.7 GWh / a

17,000,000 * * 1 hour

Page 16: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Photo by lydurs

Page 17: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Photo by Tom Olliver

Page 18: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

548 TWh / a

Page 19: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Page 20: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Potentially usable energy123 TWh / a

Page 21: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Per person: 1,500,000 * * 1 hour

Page 22: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Total electricity potential:50 TWh / a

Per person: 1,500,000 * * 1 hour

Page 23: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

0 500 1000 1500 2000 2500 3000 3500 4000 4500 5000

Industry

Green houses

Swimming pools

Snow melting

Fish farming

Electricity

Heating houses

Geothermal energy (GWh)

Geothermal - more than electricity

GWh in 2005Source: National Energy Autority

Page 24: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarketICELAND & ENERGY: WHAT DOES THE DATA TELL US?

GWhSources: Statistics Iceland, Landsvirkjun, Reykjavík Energy, HS Orka

Electricity Generation - Power Plant Records

Page 25: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarketICELAND & ENERGY: WHAT DOES THE DATA TELL US?

ElliðaárvirkjunCapacity: 1MW

GWhSources: Statistics Iceland, Landsvirkjun, Reykjavík Energy, HS Orka

Electricity Generation - Power Plant Records

Page 26: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarketICELAND & ENERGY: WHAT DOES THE DATA TELL US?

LjósifossCapacity: 9MW (now 15MW)

GWhSources: Statistics Iceland, Landsvirkjun, Reykjavík Energy, HS Orka

Electricity Generation - Power Plant Records

Page 27: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarketICELAND & ENERGY: WHAT DOES THE DATA TELL US?

ÍrafossCapacity: 30MW (now 48MW)

GWhSources: Statistics Iceland, Landsvirkjun, Reykjavík Energy, HS Orka

Electricity Generation - Power Plant Records

Page 28: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarketICELAND & ENERGY: WHAT DOES THE DATA TELL US?

BúrfellCapacity: 120MW (now 270MW)

GWhSources: Statistics Iceland, Landsvirkjun, Reykjavík Energy, HS Orka

Electricity Generation - Power Plant Records

Page 29: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarketICELAND & ENERGY: WHAT DOES THE DATA TELL US?

BjarnarflagCapacity: 3MW

GWhSources: Statistics Iceland, Landsvirkjun, Reykjavík Energy, HS Orka

Electricity Generation - Power Plant Records

Page 30: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarketICELAND & ENERGY: WHAT DOES THE DATA TELL US?

HrauneyjafossCapacity: 210MW

GWhSources: Statistics Iceland, Landsvirkjun, Reykjavík Energy, HS Orka

Electricity Generation - Power Plant Records

Page 31: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarketICELAND & ENERGY: WHAT DOES THE DATA TELL US?

NesjavellirCapacity: 60MW (now 120MW)

GWhSources: Statistics Iceland, Landsvirkjun, Reykjavík Energy, HS Orka

Electricity Generation - Power Plant Records

Page 32: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarketICELAND & ENERGY: WHAT DOES THE DATA TELL US?

ReykjanesCapacity: 100MW

GWhSources: Statistics Iceland, Landsvirkjun, Reykjavík Energy, HS Orka

Electricity Generation - Power Plant Records

Page 33: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarketICELAND & ENERGY: WHAT DOES THE DATA TELL US?

KárahnjúkarCapacity: 690MW

GWhSources: Statistics Iceland, Landsvirkjun, Reykjavík Energy, HS Orka

Electricity Generation - Power Plant Records

Page 34: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarketICELAND & ENERGY: WHAT DOES THE DATA TELL US?

GWhSources: Statistics Iceland, Landsvirkjun, Reykjavík Energy, HS Orka

Electricity Generation - Power Plant Records

Page 35: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Electricity Consumption

GWhSource: Statistics Iceland

Page 36: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Electricity Consumption

Ordinary consumption: 48.3%

GWhSource: Statistics Iceland

Page 37: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Electricity Consumption

Ordinary consumption: 49.9%

GWhSource: Statistics Iceland

Page 38: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Electricity Consumption

Ordinary consumption: 36.2%

GWhSource: Statistics Iceland

Page 39: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Electricity Consumption

GWhSource: Statistics Iceland

Page 40: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Electricity Consumption

GWhSource: Statistics Iceland

Important fact:Ordinary electricity consumption +

heating would cost upwards of $220M per year with imported coal

Page 41: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Electricity Consumption

GWhSource: Statistics Iceland

Page 42: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Electricity Consumption - Forecast

GWhSource: Statistics Iceland

Page 43: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Electricity Consumption - Forecast

GWhSources: Statistics Iceland, National Energy Authority of Iceland

Page 44: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Electricity Consumption - Forecast

GWhSources: Statistics Iceland, National Energy Authority of Iceland

Page 45: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Electricity Consumption - Forecast

Ordinary-consumption: 23.5%

GWhSources: Statistics Iceland, National Energy Authority of Iceland

Page 46: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Electricity Consumption - Forecast

GWhSources: Statistics Iceland, National Energy Authority of Iceland

Page 47: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Electricity Consumption - Forecast

GWhSources: Statistics Iceland, National Energy Authority of Iceland

Page 48: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Helguvík?

Bakki?

Electricity Consumption - Planned smelters

GWhSources: Statistics Iceland, National Energy Authority of Iceland, Alcoa, HRV Engineering

Page 49: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Helguvík?

Bakki?

Ordinary-consumption: 19.4%

Electricity Consumption - Planned smelters

GWhSources: Statistics Iceland, National Energy Authority of Iceland, Alcoa, HRV Engineering

Page 50: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

Photo by robinh00d

Page 51: Iceland Energy Data

Hjalmar Gislason / Founder & CEO, DataMarket - [email protected] & ENERGY: WHAT DOES THE DATA TELL US?

56 TWh / aSource: NYISO

Photo by robinh00d

Page 52: Iceland Energy Data

ICELAND & ENERGY: WHAT DOES THE DATA TELL US?Hjalmar Gislason / Founder & CEO, DataMarket - [email protected]

Hjalmar Gislason - Founder & CEO, [email protected]

Presentation at:

UNIVERSITY OF ICELAND - APRIL 6 2009

Iceland & Energy: What does the data tell us?