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Word: krafla (lookup in dictionary) (lookup stats)
Dates: during 2008-2008
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Usage:

...road from Jonasson's bread ovens, over some low hills, a series of dense white steam plumes rise into the cloudy sky. In a flannel shirt and hard hat, Birkir Fanndal maneuvers his truck over one of the dirt roads that crisscross Iceland's first major geothermal power station, Krafla. Soon after the inaugural borehole was drilled here 34 years ago, the first in a series of volcanic eruptions rocked the area. The eruptions, nine in all, went on for nearly a decade, sending engineers scrambling to keep up with the shifting earth. Fanndal, the plant's manager, stops...

Author: /time Magazine | Title: Energy: Boiling Point | 12/4/2008 | See Source »

They didn't, and their tenacity is paying off. Krafla recently became the site of a pilot project to drill extremely deep boreholes (classified as three miles or more), a frontier technology that could yield five to 10 times more energy per borehole than any similar project in the world. Landsvirkjun, the state utility that owns Krafla, has also been in talks to supply power to an aluminum smelter that Alcoa plans to build nearby. The financial downturn has put that project on hold for now, but Alcoa, which already has one smelter in Iceland, still sees the country...

Author: /time Magazine | Title: Energy: Boiling Point | 12/4/2008 | See Source »

...have learned which temperature enables underground liquids to power a turbine, how to manage a boiling cavern's chemistry, and how to keep power plants sustainable by "resting" boreholes to give the source time to replenish its heat. While the ongoing costs of a geothermal power plant are low - Krafla, for example, has only 15 full-time employees - the start-up technology needed to extract heat from a few miles beneath the earth's surface and convert it to electricity is not cheap. By some estimates, conducting the necessary geologic surveys and exploratory drilling for one plant can take...

Author: /time Magazine | Title: Energy: Boiling Point | 12/4/2008 | See Source »

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