MAKING IT GREENLAND:

Biodiesel could be produced from algae in such quantities that it could replace imported fuel and Iceland even has the potential to export biodiesel, according to Ásbjörn Torfason, managing director of Vistvæn orka ehf.

Ásbjörn states that energy-saving light emitting diode technology and access to geothermal energy makes circumstances to produce biodiesel from large algae or seaweed unique, Fréttablaðið reports.

He reasons that judging by the amount of fuel imported in 2011, two million tons of biomass would have to be produced to replace it. "But it is absolutely reasonable; in an experiment in Norway, they harvested 40-50 tons of dry weight from every hectare."

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