Iceland
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Pollution
Climate scientists caution Nordic ministers of altering Atlantic Ocean present
More than 40 environment scientists are advising Nordic ministers to prevent worldwide warming from triggering a major modification in an Atlantic Ocean present, which could set off abrupt shifts in weather patterns and damage environments. A collapse of the Atlantic Meridional Overturning Blood circulation, a system of ocean currents that carries warm water into the North Atlantic and offers Europe its mild environment, could put living conditions for people in the Arctic region and beyond at danger, according to the researchers. Such an ocean flow modification would have terrible and irreversible impacts especially for Nordic nations, but also for other
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Power Markets
Iceland to release spot power trading with help of Nord Pool exchange
Icelandic energy exchange Elma will comply with Norwaybased power bourse Nord Pool for the launch of the island nation's very first shortterm physical electricity trading market by 2025, the business stated on Wednesday. The new Elma power market will begin with day-ahead trading in late 2024 or early 2025, followed by intraday trading at a. late stage, the firms stated when signing the cooperation. arrangement. Running an organised power market for the very first time is a. big step forward for Iceland, Nord Pool CEO Tom Darell said in. a declaration. The move will benefit performance, openness, the. provision of