Energy Consulting in Iceland

Energy is a key sector of the Icelandic economy. Very early on, the country found ways to produce and consume clean energy and reduce its dependence on fossil fuels. The country’s natural resources have ensured that these endeavours have been successful. In addition to hydropower, which is generated in Iceland, geothermal energy is an important source of energy. The country is constantly on the lookout for further energy sources and energy consultants are a sought-after field in Iceland. The National Energy Authority, which reports to the Icelandic government's Ministry of Industry, hires consultants in the energy sector to advise them in various areas.

The Diverse Domains of Energy Consultancy

As an energy consultant in Iceland, you can deal with various aspects of the industry. The scope of work may include conducting studies on new energy sources. This means that the consulting company will hire local engineers with appropriate equipment to search for energy sources.

There are consultants who advise their clients on the construction of power plants, whether geothermal or hydroelectric. This requires highly qualified engineers who work on the planning of power plants. Some of them may be involved in researching new technologies in this sector. Minor adjustments in the processes can lead to power producers saving millions of euros.

Some companies may specialise in technical consultancy in the field of equipment and machinery for energy production. Manufacturers of equipment for the energy industry can take advantage of their support. The opportunities in this segment are large and manufacturers can export their products after meeting domestic demand.

Some consultancy work in this area may relate to energy distribution methods and loss containment, etc.

The reality is that the industry will be well served if every energy consultant in Iceland contributes to the development of new ideas.

Helping Foreign Investors in Iceland

Investors from abroad may be interested in setting up energy companies in Iceland, given the potential that the sector offers. The consultants in Iceland, who are already familiar with the requirements of the sector, can contribute their expertise in advising investors. This may include the preparation of feasibility reports for the investor. These are known as Technical Economic Feasibility Reports (TEFR) and can also be used by investors to seek financing for the project. The consultant provides information about the projects in the Icelandic energy sector and the measures required to realise them. He can offer his services to help the investor take the project to the next level once it has been decided to go ahead.

Consultants in the energy sector are even able to design complete power plants for their clients. This can then be extended to providing technical support to manufacturers of energy systems. Energy conservation is another lucrative area that consultants can work on and propose to the industry. The scope really seems to be huge and constantly expanding.

The Consultant Can Play Many Roles

The energy consultant in Iceland can help both the government and the private sector in the field of energy management. They can work with the universities in Iceland to design the right kind of technical courses that will produce a skilled workforce for employment in the energy sector. Some of these technically qualified Icelandic youth may also find prospects in countries other than their home country of Iceland.

Energy consultants therefore have a major role to play in shaping the future of the energy sector in Iceland. The country has already become a model for green energy production. It can only get better in the coming years.

For any help in Iceland in the energy sector or any other area, contact Swapp Agency .