What can Alaska learn from Iceland’s domestic resource knowledge economy? Knowledge economy? – Knowledge as capital to meet business goals Main drivers for success? – Established their geothermal & hydropower niche Lack of domestic petroleum resources Abundant geothermal and hydropower – Industry, government, and university collaboration – Human capital=common denominator An Alaskan alternative and renewable resource knowledge economy?

National Energy Authority Iceland GeoSurvey Private Companies Government & Private Industry Support UNU-Geothermal Training Programme Renewable Energy Programs in Icelandic Universities Institutional Training Highly-qualified domestic work force International resource development Geothermal “hub” Knowledge Economy

Alaska’s Knowledge Economy Pre-development plan for geothermal and hydro resources to invite private industry Promote collaboration between industry and educational institutions for both applied and basic research – Alternative and renewable energy-focused courses – On-site experience and industry-focused training – Attract in-state, national, and international students Extend the stay of the average Alaskan resident