AGP Executive Report
Last update: 4 hours agoGeothermal & power expansion: Iceland cleared another step for Reykjavik Geothermal’s Bolaalda project, moving it into the utilisation category and enabling planning, impact assessment and further drilling for a planned up to 100 MW plant. Data centres & AI demand: Borealis signed a 12 MW firm power PPA with Landsvirkjun for its Blönduós campus upgrade, positioning Iceland as an AI infrastructure hub. Payments infrastructure: Iceland is set to join the Eurosystem instant payment system in 2028, with a related move to join TIPS for instant payments. Mobile network change: Iceland became the first European country to fully shut down 2G and 3G, but some older/foreign phones may fail to connect to emergency calls. Whaling & public sentiment: Iceland resumed commercial fin whaling after a two-year pause, with quotas for fin and minke whales; a new poll shows more people oppose fin whale hunting than support it. Tourism policy: Tromsø plans a local tourist tax from 2027, adding pressure on Nordic destinations to fund infrastructure as visitor numbers rise.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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