The Reykjanes Resource Park aims to create an ecologically balanced and economically prosperous community through the sustainable use of local geothermal resources. HS Orka and Verkís operate the Reykjanes Power Plant that produces 100MWe of energy and plans to expand to 180MWe. The Resource Park concept incorporates fish drying, fish farming, research and development, tourism, and education to minimize waste and maximize efficient use of resources. Current activities include a fish processing plant, cod product development, and a planned sole fish farm. The goal is to establish a center for innovation while creating jobs and environmental awareness for the local community.

1. Reykjanes Resource Park
Albert Albertsson / Þorleikur Jóhannesson
HS. Orka Verkís
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4. Reykjanes
• VANTAR KORT!!
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5. HS Orka
• Predecessor of HS Orka
founded in 1974
• 60 employees
• Svartsengi Power Plant, 1976
– 75MWe and 150MWth
• Reykjanes Power Plant, 2006
– 100MWe
– Plans for expansion to 180MWe
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6. Verkís
• Established in 2008
– VST (1932)
– Rafteikning (1965)
– Fjarhitun hf (1962)
– Fjölhönnun ehf (1970)
– RT ehf – Rafagnatækni (1961)
– Almenna Verkfræðistofan (1971)
• Consultant for HS Orka since 1975
• Primary consultant during design, building and
operation phases at Reykjanes Power Plant
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7. Reykjanes Power Plant
• Commissioned in 2006
• Current setup 100 MWe
• Planned expansion to
180MWe
• Main design challenges:
Scaling and corrosion due
to combination of high
salinity and temperatures
above 300°C
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8. • 2 x 50 MWe Double Flow Turbines
– Inlet pressure 19 bar-a, 210°C
• 2 x 2000 l/s Shell and tube condensers,
lava filtered sea water from wells 5-8°C
• 2 x Separators, Silencers, Steam and Sea
Water Valves, Electrical and Control
Equipment.
• Outflow to sea is joint for both systems
through a canal called „bunustokkur“
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Power Plant Overview

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11. Resource Park Concept
• Society without waste
• Goals
– Ecological balance
– Economic prosperity
– Social progress
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12. Ecological balance
• Minimizing effects on the
ecosystem
• Highest possible efficiency in
harvesting local resources
• “One man’s waste is another
man’s resource”
• Responsible disposal of waste
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Reuse
Recyle
Reduce

13. Economic prosperity
• Creation of jobs for various disciplines
– Energy Production
– Fish Drying
– Fish Farming
– R&D
– Tourism
– Education
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14. Social progress
• A center for innovation,
development and education
• Creating exciting new job
opportunities for the local
community
• Environmental awareness
• Sustainable community
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16. Holistic Fish Processing
• Haustak
– Dried fish (Chowder fish)
– R&D
• Cod liver oil
• Fish meal
• Háteigur
– Dried fish
• Total of 48 employees
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17. Innovative Products in Development
• Codland – Value from Waste
• Enzymes derived from cod
– Cosmetics
– Health product
• Cod liver oil
– Health products rich in omega 3 and 6
• Fish meal
– Protein
– High quality fertilizer
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18. Fish Farming
• Stolt Seafarm
– High-tech aquaculture company
– Production of Solea senegalensis
• 70 employees on site
• 70 other in derived jobs
• 15% with graduate degrees
• Startup at the end of this year
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19. Other Possibilities
• Material extraction from the
geothermal brine
• Gas extraction from geothermal
fluid
– CO2 and other gases
• Tourism
– Power Plant Earth exhibition
– Geothermal heated sea bathing
combined with northern lights,
winter darkness or 24h summer
daylight
– Hiking and more
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20. Next steps
• Investigate further opportunities for the
expansion of the resource park
• Approach companies with business ideas that
align with the Resource park concept
• Planning and installation of necessary utilities
for future Resource park projects
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21. Thank you for your attention
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