What makes the Geothermal Park unique?
The Geothermal Park is 103 hectares and has access to renewable energy directly from Hellisheiði Power Plant, the largest geothermal power plant in Europe. In addition to access to electricity and geothermal energy, the Geothermal Park has access to land and water resources, whose utilization is guided by cyclicality.
Sustainable energy and resources
The Geothermal Park hosts a diverse range of activities aimed at fully utilizing the resources of Hellisheiði Power Plant in a responsible and environmentally friendly manner while creating value.
The Geothermal Park is home to a circular community where collaborators share infrastructure, infrastructure, knowledge, and resources to minimize waste and maximize benefits for businesses, communities, and nature. We support innovation in the field of geothermal energy and sustainability, thus accelerating the development of green technological solutions.
Together, we work towards achieving responsible utilization of resources in the area.
The companies in the Geothermal Park utilize various resources
Land
Lots in various sizes, from 2 to 70 hectares.
Electricity
Renewable energy directly from Hellisheiði Power Plant.
Geothermal water
Access to geothermal water ranging from 50°C to 120°C, suitable for various uses.
Cold water
Cold water, 5°C-25°C, water at 5°C temperature is pure and ready for consumption.
Hot water
Clean water, heated with geothermal energy, for household heating.
Gases and minerals
Opportunities for utilizing byproducts such as CO2, H2S, and silica.
Byproducts and waste
Option to recycle organic waste and other materials discarded by other companies in the Geothermal Park.
ON Power's Innovation Hub
Circular Community
Sharing of resources for the benefit of all
Our cooperation with the companies in the Geothermal Park includes the full utilization of electricity and multi-use of the power plant's resource streams. The businesses are not only directly connected to the power plant, they also have the option to connect with each other and share resources, infrastructure and services, for the benefit of all. Furthermore, there is potential in working together towards better utilization of the Geothermal Park - one company's waste can become another company's resource.
All companies currently operating in the Geothermal Park have been developed from a strong start-up project. We welcome new start-ups because we know that they will develop solutions that will shape our future.
Join our community
We welcome companies with a sustainable mindset in sectors such as agriculture, aquaculture, algae farming, biotechnology, tourism, and those that focus on health and well-being.
Join us on this journey where sustainability meets development opportunities. By having the option to start small and then expand, our current clients have evolved from merely conducting research to fully developed operations. Together, we utilize resources to create value in a purposeful and responsible manner.
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