Just FYI most of the energy in Iceland goes into smelting. It's not excess the capacity has been expanded and continues to be expanded to power smelting. https

Just FYI most of the energy in Iceland goes into smelting. It's not excess the capacity has been expanded and continues to be expanded to power smelting. https://nea.is/hydro-power/power-intensive-industries/nr/70 https://nea.is/hydro-power/power-intensive-industries/nr/70 It's also quite borderline as to whether or not it breaks even these days. Supply chain woes increasing prices have helped last year for example but before that they were losing money. https://www.ruv.is/frett/2021/09/14/icelandic-smelters-helped-by-high-aluminium-prices https://www.ruv.is/frett/2021/09/14/icelandic-smelters-helpe...