Companies
from
both
countries
have
already
collaborated
on
projects
in
China
to
use
geothermal
energy
for
heating.
Geothermal
power
plants
provide
more
than
a
quarter
of
Iceland’s
energy.
Under
a
new
agreement
signed
during
Chinese
premier
Wen
Jiabao’s
visit
to
the
country,
Iceland's
Orka
Energy
and
Chinese
oil
company
Sinopec
will
expand
geothermal
heating
in
China.
The
partners
will
also
look
into
developing
geothermal
energy
for
electricity
in
high-heat
areas
such
as
Tibet.
China
has
12
major
geothermal
energy
basins
with
energy
reserves
equal
to
853
billion
tonnes
of
the
standard
coal
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