A cooperation agreement has been signed between Iceland and Italy regarding increased collaboration in the field of geothermal issues, both bilaterally and within the network of international organisations.
The agreement was signed by Guðlaug Þór Þórðarson, Minister of the Environment, Energy and Climate, and Stefano Nicoletti, Italy’s Ambassador to Iceland on behalf of Italy’s Minister of Energy.
Guðlaug Þór said at the signing that it was appropriate and timely for the two countries with the longest history and vast knowledge in the field of using geothermal energy within Europe to sign the agreement of cooperation.
Nicoletti said there are many similarities in the use of geothermal between the two countries: Italy’s first geothermal plant was built in 1905, garnering a breadth of experience and knowledge that the Italians bestowed onto other countries, including Iceland.
The agreement marks a new beginning of closer cooperation between the two countries, highlighting the importance of bringing experts and private sectors to the table.