The proportion of renewable energy Iceland is using in its fuel consumption in transport has risen tenfold since 2010, revealed recent data.
The report, based on the development of energy transition in transportation, was released by the Ministry of Industries and Innovation on Tuesday. It showed that the share of renewable transport fuel consumption has gone up by more than two percentage points since 2010 – from 0.2 per cent to 2.4 per cent – an increase that was much sharper than anticipated.
Meanwhile, there has also been a fivefold increase in the usage of domestic renewable transport fuels in the same period. Twenty-three per cent of renewable fuels used in transportation last year were produced in Iceland, with a number of new Icelandic companies starting to produce renewable fuels.
Furthermore, there has been a threefold increase in Iceland’s eco-friendly vehicles since 2010, with charging stations and methane refueling stations springing up across the country and making it easier for drivers to refuel on renewable energy.