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Research consortium receives €10m EU grant

The SHiFT research consortium has received a EUR 10 million grant from the EU to develop and test technologies to harness geothermal resources beyond 400 °C.

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IDDP3 project receives highest grant from the Government of Iceland

ISK 309,695,500 has been granted through the Climate and Energy Fund. Drilling of IDDP3 is scheduled to begin by the end of 2026.

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The main purpose of the IDDP project is to find out if it is economically feasible to extract energy and chemicals out of hydrothermal systems at supercritical conditions.

 

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IDDP Contact

Sigurður Hafsteinn Markússon

Farsími / Mobile:
(+354) 695 4078

Netfang (e-mail):

sigurdur.hafsteinn.markusson@orkuveitan.is

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