In 2006, the North Atlantic Treaty Organization (NATO) abandoned its Navy base in Keflavik, Iceland, since 1951, leaving over 900 local people unemployed. Instead of focusing on the negative aspects of the departure, the local population looked at the opportunities associated with the new worldview and consequently established a new Institute of Technology, Keilir, focusing on sustainability, technology, engineering, renewable energy, and entrepreneurship in order to create new jobs in Iceland. The Keilir Institute has come a long way since its foundation in 2007. The first students in energy technology and mechatronics have started their studies and the first energy laboratory is due to open in 2010
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