Berliner Boersenzeitung - How much damage could possible Iceland volcano eruption cause?

EUR -
AED 4.115293
AFN 71.716802
ALL 91.011256
AMD 403.562021
ANG 2.005577
AOA 1028.68237
ARS 1713.195177
AUD 1.594208
AWG 2.019825
AZN 1.909415
BAM 1.957737
BBD 2.257204
BDT 139.127639
BGN 1.958565
BHD 0.423134
BIF 3363.247326
BMD 1.120569
BND 1.431761
BOB 13.588807
BRL 6.094441
BSD 1.120744
BTN 106.356015
BWP 15.483871
BYN 3.301269
BYR 21963.14421
BZD 2.25391
CAD 1.566051
CDF 2594.116673
CHF 0.923171
CLF 0.028178
CLP 1112.6354
CNY 7.464224
CNH 7.454829
COP 3607.569699
CRC 509.620086
CUC 1.120569
CUP 26.895608
CVE 110.373701
CZK 24.44637
DJF 199.147889
DKK 7.504901
DOP 67.929628
DZD 152.176216
EGP 62.45874
ERN 16.808529
ETB 180.928952
FJD 2.514224
FKP 0.83779
GBP 0.836432
GEL 2.917805
GGP 0.83779
GHS 13.056266
GIP 0.83779
GMD 82.922473
GNF 9918.812714
GTQ 8.567476
GYD 234.908685
HKD 8.792262
HNL 30.1218
HRK 7.58514
HTG 146.830501
HUF 367.479695
IDR 20320.110526
ILS 3.523696
IMP 0.83779
INR 106.361573
IQD 1698.880708
IRR 2093687.147765
ISK 136.519303
JEP 0.83779
JMD 178.085386
JOD 0.794527
JPY 176.579628
KES 145.528673
KGS 97.99227
KHR 4572.584882
KMF 494.171137
KPW 1008.51168
KRW 1494.188988
KWD 0.348688
KYD 0.93392
KZT 508.132697
LAK 25232.86367
LBP 100357.670957
LKR 372.758771
LRD 190.505918
LSL 18.676176
LTL 3.308748
LVL 0.677821
LYD 7.204095
MAD 11.019052
MDL 20.060562
MGA 5069.195923
MKD 61.640982
MMK 2353.092792
MNT 4031.674913
MOP 9.055638
MRU 45.444581
MUR 52.980907
MVR 17.313208
MWK 1942.874107
MXN 21.05179
MYR 4.547496
MZN 71.615961
NAD 18.676176
NGN 1508.812401
NIO 41.2408
NOK 10.31876
NPR 170.169424
NZD 1.98612
OMR 0.430765
PAB 1.120849
PEN 3.878837
PGK 5.100023
PHP 71.4525
PKR 310.030214
PLN 4.423165
PYG 6565.495266
QAR 4.085242
RON 5.358787
RSD 117.944123
RUB 89.982772
RWF 1654.314474
SAR 4.207062
SBD 9.029773
SCR 15.41855
SDG 674.026121
SEK 11.010935
SGD 1.432875
SHP 0.838561
SLE 25.665129
SLL 23497.767811
SOS 640.442165
SRD 42.155234
STD 23193.507231
STN 24.525029
SVC 9.805701
SYP 14569.632352
SZL 18.671138
THB 37.785986
TJS 10.315567
TMT 3.92199
TND 3.351315
TOP 2.69806
TRY 55.955484
TTD 7.598517
TWD 36.55452
TZS 2959.64354
UAH 50.831102
UGX 4762.860677
USD 1.120569
UYU 45.056183
UZS 13441.777814
VES 994.481985
VND 28914.591409
VUV 133.591345
WST 3.108346
XAF 655.957
XAG 0.022814
XAU 0.000289139815
XCD 3.028393
XCG 2.019698
XDR 0.7923
XOF 655.957
XPF 119.331742
YER 264.68232
ZAR 18.744249
ZMK 10086.465938
ZMW 22.598962
ZWL 360.822626
SSP 6437.889567
MXV 2.372651
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

How much damage could possible Iceland volcano eruption cause?
How much damage could possible Iceland volcano eruption cause? / Photo: Kjartan TORBJOERNSSON - AFP

How much damage could possible Iceland volcano eruption cause?

A town has been evacuated in southwestern Iceland after hundreds of earthquakes caused by shifting underground magma sparked fears of a full-blown volcanic eruption.

Text size:

While experts fear the town could be badly damaged by a potential eruption, they do not expect a repeat of the global travel chaos caused by ash from the Eyjafjallajokull volcano in 2010.

Here are a few key questions answered:

- What and where? -

The hundreds of earthquakes have been caused by a massive build-up of magma in a 15-kilometre (nine-mile) fissure between two to five kilometres underground.

The fissure is around 3.5 kilometres northwest of Grindavik, a town of 4,000 people on the Reykjanes peninsula. The town has been evacuated as a precaution.

On Wednesday, residents told AFP the seismic activity had damaged roads and buildings.

Previous eruptions near the Fagradalsfjall volcano on Reykjanes peninsula took place in 2021, 2022 and earlier this year, though in less populated areas.

Situated in the North Atlantic, Iceland straddles the Mid-Atlantic Ridge, a crack in the ocean floor separating the Eurasian and North American tectonic plates.

- How likely is an eruption? -

The Icelandic Met Office said on Wednesday that the "probability of an eruption is still considered high".

Vidir Reynisson, head of Iceland's Civil Protection and Emergency Management agency, told AFP on the weekend that "anywhere on that fissure we can see that an eruption could happen".

John Smellie, a volcanologist at the UK's Leicester University, said guessing when the eruption might take place was like guessing "how long is a piece of string".

Smellie told AFP it could be days or weeks -- or "despite all evidence, it might just subside and go away".

- How bad could it be? -

Reynisson said Icelandic experts were "really concerned about all the houses and the infrastructure in the area".

Smellie said any eruption would most likely be similar to the one on the peninsula earlier this year, which created lava fountains and flows that mostly just attracted tourists.

If a new eruption occurs near Grindavik, it could cause significant damage to homes and infrastructure, he added.

However lava flows "relatively slowly, and people can generally at least drive away or run away from it," he said, meaning that deaths were unlikely.

Another possible threat is toxic gas released during an eruption. A 1783 eruption at Iceland's Laki volcanic fissure killed enough livestock to cause widespread famine.

However Phil Collins, a geologist at Brunel University London, said that "it doesn't look like a Laki-scale disaster is likely".

One way the eruption could be more violent is if it blows through ice or water.

If the eruption occurs in the southern tip of the fissure, which is underwater, it could cause ash clouds that would affect flights at Iceland's international airport.

- Different to Eyjafjallajokull?

But any eruption is not expected to have anywhere near as much impact as the one from the Eyjafjallajokull volcano in 2010.

That eruption shot huge amounts of ash into the atmosphere, forcing the cancellation of some 100,000 flights and leaving more than 10 million travellers stranded.

It exploded through 200 metres of ice, making it "highly violent", Smellie said. The interaction with the water created more fine ash particles that would then drift across Europe.

 

The latest eruption threat is "completely different situation" Smellie said.

(S.G.Stein--BBZ)