Energy regulations

<p>In accordance with Article 4 of Directive 2009/28/EC this National Renewable Energy Action Plan (NREAP) sets out the Government's strategic approach and concrete measures on how Iceland will meet the mandatory national targets for 2020 laid down in Directive 2009/28/EC, including the overall target and the 10% target on share of energy from renewable sources in transport. The NREAP is based on the template for the national renewable energy action plans, adopted by the Commission.<br><br>With this plan, Iceland aims at the following: 1) having renewable energy sources replace imported energy, 2) Iceland‘s energy harnessing shall be sustainable for the good of society and the public, 3) A precautionary and protective approach will be followed in hydroelectric and geothermal energy production, 4) The energy strategy will support diversified industry, emphasising the development of ecologically beneficial high-tech industry, 5) The energy strategy will aim at sustainable utilisation, avoiding for instance aggressive utilisation of geothermal areas, 6) To encourage better energy utilisation, for instance, by developing industrial parks and factories, horticulture stations, recycling and other activities utilising the steam energy of sustainable geothermal plants, and 7) Connection of the Icelandic electricity system to Europe, through an interconnector, shall be examined further.</p>