AGP Executive Report
Last update: 12 hours agoGeothermal Push: Orkuveitan says its IDDP-3 well at Nesjavellir could test superhot geothermal output of 20–50 MW per well, with drilling planned for late 2026 and a multi-stage programme aimed at making Iceland’s deeper heat commercially usable. Carbon Capture Milestone: Carbfix reports 99.6% CO2 capture and 100% H2S binding at its Steingerður plant at Hellisheidi, showing the method works in long-term continuous operations. Data Centres & Currency: Landsbankinn links Iceland’s big goods trade deficit to 101 billion ISK in computer and office-machinery imports for data centres, while the króna has still strengthened—because much of the equipment is financed by foreign owners. Space Science in Orbit: WSU’s SNAPPY CubeSat prototype reached low Earth orbit and is designed to validate a solar-neutrino detector concept. AI Infrastructure Race: A report highlights Finland’s push for AI computing, driven by Google’s €13bn investment and a deal to secure up to 50% of Loviisa nuclear output for data centres. Tech & Privacy Pressure: Switzerland is weighing how to balance its encryption-industry boom with rising cybercrime and monitoring needs. Arctic Power Politics: The EU is trying to catch up on Arctic strategy as melting ice intensifies competition among Russia, China, and growing US interest.
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