Electricity retailers now enjoy further increased flexibility in the wholesale electricity market as Landsvirkjun offers flexible capacity agreements. As electricity consumption in the general market (households, services, small industries, etc.) varies with the seasons and even within the day, it is vital that power purchases agreements (PPAs) offered by Landsvirkjun reflect this variable consumption.

Iceland offers ideal conditions for wind turbines, compared to most other parts of the world. Calm weather conditions are almost newsworthy, and the infrastructure of the electric power system is perfectly aligned for the addition of a new energy source, such as wind power.

The challenges that stem from the threat of humanity‘s unstustainable lifestyle are both vast and extensive. The solutions are essential, but neither simple nor cheap.