A crucial part of our operation
At Landsvirkjun, we are resolute in our vision of the future. Our role is to pursue a higher standard in all our endeavours, to pursue innovative and unconventional pathways and above all, to achieve the extraordinary. At Landsvirkjun we aspire to become a leader in the sustainable use of renewable energy sources. Prudence, progressiveness and reliability are key elements in the creation and development of new projects.
We support and take part in research in a variety of fields, including research on the ecosystem of the country, climate, hydrology, glaciers and geology, to name but a few. The research is conducted in collaboration with a number of universities, educational institutions and businesses, as well as individual researchers, based in Iceland and abroad. In short, we are dedicated to finding energy solutions that work in harmony with the environment.
Landsvirkjun is in the process of assessing eighteen potential projects, located all over the country. Work on the second phase of the framework for the protection and utilization of natural resources, focusing on hydropower and geothermal energy has been on-going for several years, and is still under consideration by the Icelandic Parliament.
As work on the framework develops, a number of power projects continue, including the construction of the Búðarháls Hydroelectric Power Plant and preparation work for potential projects in the northeast of the country. However, Landsvirkjun has, in light of the sensitive nature of the discussion, decided to place some of its projects on temporary hold.
The fund’s goal is to strengthen and support research in the fields of environmental and energy affairs. Among the projects supported in 2011 were studies on algae blooms in Lake Mývatn, tidal energy, changes in temperature and precipitation, the formation of end moraines, sliding at the glacier bed of Brúarjökull Glacier, a metro-train system, silicon nanowires and the making of threedimensional digital models of Icelandic glaciers.