Iceland already produces much more energy than it needs through geothermal and hydro. Connecting the Icelandic power grid to the rest of the world seems to be c

Iceland already produces much more energy than it needs through geothermal and hydro. Connecting the Icelandic power grid to the rest of the world seems to be currently infeasible [1], so instead they "export" the surplus energy through their aluminium industry: raw ore is shipped in from around the world, and high-energy refined aluminium is shipped out. Similarly-isolated New Zealand does a similar thing, refining aluminium ore from Australia using abundant hydro power [2]. [1] http://www.landsvirkjun.com/researchdevelopment/research/submarinecabletoeurope http://www.landsvirkjun.com/researchdevelopment/research/sub... [2] https://en.wikipedia.org/wiki/Tiwai_Point_Aluminium_Smelter https://en.wikipedia.org/wiki/Tiwai_Point_Aluminium_Smelter