Iceland is pretty big and with a small population. There is more wilderness than those 57 square kilometres.

And isn't serving large industrial installations the same as servicing the needs of the population, ie supplying the population with high value-added (= high paying) jobs?

If our big industrial installations didn't get the cheap power they need, that would very likely be characterized as a disservice to the population.

Peak oil is not an energy crisis. It is a liquid fuel crisis.