Reykjavík Grapevine - 09.10.2009, Page 1

Reykjavík Grapevine - 09.10.2009, Page 1
In the midst of a harsh economic recession, Icelanders have started selling off their valuable energy resources to international corporations at KREPPA-rates. Grapevine's Catharine Fulton investigates the sale of HS Orka to Canada's Magma Energy, how the deal went down and if it is an indication of what's to come. PG. 12. www.grapevine.is + COMPLETE CITY LISTINGS - INSIDE! THE ESSENTIAL GUIDE TO LIFE, TRAVEL & ENTERTAINMENT IN ICELANDYOUR FREE COPY Issue 16 – October 9 - November 5 – 2009 P ho to : J ói K ja rt an s EVERYTHING MUST GO! 9. 699$ 7.699$ CAPACITY - 690 MW - Great expansion potential Max flow - 144 m3/s Avg flow - 110 m3/s Energy production - 4.600 Gigawatt hours/year Average inflow - 31 m3/s ENERGY OPPORTUNITY #1 GREAT FOR HEAVY INDUSTRY! Look inside for your free copy of Grapevine Airwaves Mini! Featuring comprehensive festival coverage, tips and trix from the stars, reviews, interviews and the chance to win the ultimate Airwaves experience!

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Reykjavík Grapevine

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