Through modern advances in technology this heat can be transformed into electrical power. Continuous precipitation similarly creates significant opportunities to produce electricity based on hydro-power. Iceland, however, has relatively little industrial capacity to use more electricity. As such then three choices seem to be available. More energy-consuming industries should be constructed in Iceland; cables should be laid on the sea-bed to facilitate electricity for export; or, alternatively, the resources should be left untapped. On the following pages we will take a closer look at the potentials involved.