Brazil

In Iceland, scientists are launching a revolutionary project, the Krafla Magma Testbed (KMT), aimed at drilling into a magma chamberThis groundbreaking initiative, set to start in 2024, involves a team from 38 research institutes across 11 countries.Their goal is to explore the untapped potential of magma for clean energy production and gain insights into the Earths subterranean secrets.The concept of drilling into magma chambers was once deemed impossible due to their depth and the difficulty in locating them.Icelands Pioneering Magma Energy Project.
(Photo internet reproduction)However, technological advancements have made this feat achievable.The projects inspiration came from a serendipitous discovery in 2009 when a drilling operation at Kraflas geothermal plant unexpectedly hit a magma pocket.This occurrence revealed the possibility of accessing magma at shallower depths than previously thought.The KMTs primary objective is to directly observe and study underground magma.This research could revolutionize our understanding of volcanic activities and Earths geological processes.Moreover, tapping into magma offers a promising avenue for geothermal power.Magmas extreme heat surpasses that of conventional geothermal fluids, potentially leading to a more efficient and powerful energy source.Despite the high stakes, the project poses technical challenges and risks.Specialized drilling materials must withstand extreme conditions, including high temperatures and corrosive environments.Theres also a concern about triggering volcanic eruptions, although past experiences suggest minimal risk.If successful, the KMT could mark a significant advancement in geothermal energy, harnessing a sustainable and potent power source.It could also serve as a model for similar projects globally, transforming our approach to energy production and geological studies.





Unlimited Portal Access + Monthly Magazine - 12 issues


Contribute US to Start Broadcasting - It's Voluntary!


ADVERTISE


Merchandise (Peace Series)

 


€100 Billion for Ukraine: EU’s Unmistakable Signal to Russia and Beyond


Gold Takes Center Stage as Central Banks Pull Back from the Dollar


Foreign Buyers Spent $56 Billion on U.S. Homes-- Locals Feel the Pressure


Chile’s Antofagasta Boosts Copper Output, Cuts Costs, and Eyes U.S. Comeback


[Brazil] - Income Gains Position Latin America as a Pillar in Future Food Supply


Debt Outpaces Growth in Colombia's Expanding 2026 Budget


Cuban Labor Minister Resigns After Denying Homelessness in the Country


Trump’s Top Economic Advisor Emerges as Frontrunner to Lead U.S. Fed


Israel Steps In to Shield Druze Minority in Syria's Rising Tensions


[Brazil] - The 'Third World War' Narrative: Why a Russian Thinker and NATO Are Talking Past One Another


Mounting Debt and Fading Foreign Interest Force Pemex to Court Domestic Investors


India Seeks Long-Term Critical Mineral Partnerships with Chile and Peru Amid Supply Risks


U.S. Regulators Set Clear Rules for Banks Holding Crypto


[Brazil] - U.S. Pauses Proposed 32% Tariff on Indonesian Goods Pending Energy Purchase Talks


[Brazil] - Tariffs from U.S. Could Cut Brazil's 2025 GDP by 0.4 Points, OPEC Says


How Vueling Overtook Iberia and What It Says About Spain’s Shifting Airline Market


[Brazil] - Chile Holds Lead, but Latin America's Competitiveness Race Tightens


[Brazil] - Brazil's Growth Slows in May as High Rates and Weak Exports Test Economic Strength


Brazil’s Congress and Industry Unite Against Trump’s Trade Ultimatum


Brazil’s Electric Car Imports Shrink as Tariffs Rise and China Tightens Its Grip


Brazil’s Air Travel Stuck as High Costs and Legal Troubles Keep Growth Grounded


Bolsonaro Says Amnesty Will Bring Economic Peace Amid U.S. Tariff Threat


Trump Frustrated with Brazil Trade Talks, Labels Policies a Security Threat


Economic Calendar: Key Market Events for the Week from July 14 to July 18, 2025


[Brazil] - Trump's 30% Tariffs on EU and Mexico Shake Up Global Trade


[Brazil] - Brazil's Amazon Forest Hit Hard in 2025, Nearly Twice New York City's Area Cleared


Grok 4: xAI's A.I. Sets New Standards and Raises the Stakes


In Between Ballots and Bullets: India's Illiberal Drift During Modi's Current Term


Caracol’s First King: A Tomb Reveals Ancient Maya Power and Trade


[Brazil] - São Paulo's $4 Billion Metro Expansion Faces High Hopes and Hard Questions


[Brazil] - Football Games for Saturday, July 12, 2025: Match Schedule and Live


The Deadlock of Global Governance: How China and Russia Are Reshaping International Institutions


Trade Tensions Spark Dollar Rally, Brazilian Real Faces Steep Decline


[Brazil] - Brazil's B3 Slides as U.S. Tariffs and Capital Flight Hit Confidence