Homes in the UK could soon be powered by geothermal energy piped all the way from volcanoes in Iceland, Prime Minister David Cameron announced on Thursday, following a meeting with Icelandic Prime Minister Sigmundur David Gunnlaugsson.

A 750-mile “interconnector” would transport the energy to Britain if the plans go ahead.

Speaking at a press conference in the Icelandic capital Reykjavik, Cameron revealed a task-force has been established to examine the feasibility of the project, which is expected to submit a report within six months.

If the exploration is successful then a giant hydro-electricity cable could be built between Britain and Iceland within a decade.

However, the remote location of these sources had made energy exports difficult until now.

The talks are the latest in a series of discussions about using Iceland’s geothermal power in Britain, which have been ongoing since 2012.

Currently 95 percent of Iceland’s energy is produced by hydro and geothermal plants.