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100% Green Energy
All of Iceland's electricity comes from affordable, sustainable geothermal and hydroelectric energy. There's no "greenwashing"" here. These resources are 100% renewable, with no green energy price premium. The price is low, and production is free from both the atmospheric emissions of fossil fuels and the potential hazards of nuclear power.
With Verne Global's access to long-term power commitments, you're guaranteed a supply of continuous, high-quality electricity at a fixed rate. You can lock in a low, inflation-protected rate for up to 20 years and shield yourself from any escalation in global electric power prices.
Icelandic power comes with further benefits. While the U.S. and U.K. are constrained by inefficient, increasingly overburdened electricity grids that date back to the 1960s, Iceland has a reliable, resilient and energy-efficient grid that's barely a decade old. In fact, the quality and delivery reliability of the Iceland supply grid is among the best in the world.
In addition, Iceland is the only country in Western Europe that still has large indigenous amounts of competitively-priced hydroelectric and geothermal energy remaining to be harnessed. Only a fraction of the country's energy potential has been tapped – less than 20% to date.
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