The Krafla Magma Testbed (KMT) is one of the most ambitious projects that GEORG is co-ordinating. The aim of the KMT is to create the world-first magma research facility providing unparalleled opportunities for both basic and applied research in a number of fields, such as volcanology, basic science, geothermal energy, technology and innovation. In October 2018, 13 Icelandic institutions, universities and companies signed a “Letter of Intent” for establishing an international centre for geothermal- and volcanological testbed at the Krafla area in North East Iceland. In late 2018 and early 2019 the KMT consortium received formal letters from Icelandic and UK governments and funds concerning financial and scientific support to the KMT project.

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