Education in the Faroe Islands School. Many Faroese pursue higher education out of the islands, mainly in Denmark; in August 2015 a report showed 1,345 Faroese students in Denmark, 904 in the Faroe Islands and 182 in other countries. Studni, the Faroese Student Grant Fund, provides student grants and loans to Faroese students, to study either in the Faroe Islands or abroad. Higher education is offered by the, Tórshavn based, University of the Faroe Islands (). It was founded in 1965, as Academia Færoensis, by members of the Faroese Academy of Sciences. The university is divided in two faculties: the Faculty of Humanities, Social Sciences
Energy in the Faroe Islands was given to introducing competition and transparency into electricity production. Energy in the Faroe Islands Energy in the Faroe Islands is produced primarily from fossil fuels, with further contributions from hydro and wind power. Oil products are the main energy source, mainly consumed by fishing vessels and sea transport. Electricity is produced by oil, hydropower and wind farms, mainly by the SEV, which is owned by all the municipalities of the Faroe Islands. The Faroe Islands are not connected by power lines with continental Europe, and thus the archipelago cannot import or export electricity. Per capita annual consumption of primary