Prime Minister Narendra Modi and Icelandic Prime Minister Kristrun Frostadottir met in Oslo to discuss bilateral cooperation on clean energy. The talks focused on leveraging Iceland's expertise in geothermal energy and carbon capture and storage to support sustainable development. Beyond energy, the leaders explored opportunities in the blue economy and fisheries. The discussions aim to strengthen trade and investment ties between India and the European Free Trade Association (EFTA) countries.
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India looking at Iceland for geothermal and CCS makes sense. Iceland has the actual playbook for this. Curious to see if this leads to any specific project pilots or just more high level memos.
The tech is great, but geothermal is site specific. I wonder where India actually has the viable heat gradients to make this scale. Without a map of potential sites, it is just talk.
The mention of the India EFTA trade agreement is the real driver here. Technical cooperation usually follows the money and trade frameworks. The policy intent is there, but the implementation depends on the TEPA terms.
If they can bring Icelandic industrial heat expertise to Indian factories, that would be a win. Most of these talks ignore the actual cost of retrofitting old plants to use new heat sources.
