It is important for Iceland, a model country in renewable generation, to lead by example and set a precedent for developing its electric grid. Our formula for success will be vital to the rest of the world moving towards 2020 and beyond.

This August marks the 10 year anniversary since the 2003 North American blackouts. Many of you can remember this summer. The cause of the second worst power outage in our modern history, that left over 50 million people in the U.S. and Ontario without power for several days, was reported due to a tree branch touching a power line in Ohio... That's all folks. We are hoping to avoid these gaffes in the future with our work.