Melting banks. A tumbling currency. More lousy Björk singles. Iceland's pride has taken a pummeling over the past year. But delegates at this summit will discover that the Arctic nation still has one thing to boast about: its ability to turn water into watts. Hydroelectric dams generate more than 80% of Iceland's electricity. That cheap, clean power could reenergize the economy by attracting electricity-hungry industries. Alcoa has opened a $1 billion aluminum smelter in eastern Iceland, and Microsoft and Google are reportedly considering the country as a data-center site. -- Theunis Bates

 

Tue, June 23
Dam
International Hydropower Association World Congress
Reykjavík, Iceland

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Topics: Innovation, Technology, Ethonomics, Magazine, FC Calendar, Iceland, hydroelectricity, dams, electricity, Arctic, Iceland, Hydroelectric Power Generation, Utilities Sector, Energy Sector, Electric Power Generation