After months of powerful earthquakes shaking the country's southwestern Reykjanes peninsula, a volcano has just started to erupt, unleashing large amounts of lava flows near the village of Grindavik. The village, housing around 4,000 people, has been evacuated. Officials are closely monitoring the Blue Lagoon, along with its geothermal plant near Grindavik, which serves as the primary provider of electricity and water to 30,000 residents.