Be part of the energy future.
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 in technological development, 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.
Landsvirkjun is owned by the Icelandic state and processes 75% of all electricity used in Iceland. We are the country's largest electricity generator.
Economic conditions continue to affect operations but net debt continues to decrease.
The aluminium and data center industries in Iceland enjoy competitive electricity prices that do not negatively impact the energy-intensive industries’ competitiveness in general. These were the main conclusions of the report compiled by the Fraunhofer Institute for Systems and Innovation Research ISI at the request of the Ministry of Industries and Innovation in Iceland. Landsvirkjun’s CEO, Hörður Arnarson said “this confirms what we already firmly believe, that we offer green energy at competitive prices. We are pleased that this has now been confirmed by an independent expert.”
Tinna Traustadóttir and Ríkarður S. Ríkarðsson have been appointed as the Executive Vice Presidents of the new Sales and Customer Service and Business Development and Innovation. The Marketing and Business Development Division will no longer exist.
Landsvirkjun, the National Power Company of Iceland, and the Port of Rotterdam have signed a Memorandum of Understanding ("MOU”) to perform a pre-feasibility study of exporting green hydrogen from Iceland to Rotterdam. According to the MOU, the parties also agree to the exchange of knowledge, with the aim of exploring new opportunities of cooperation related to hydrogen.
Among the first companies globally to adopt a new approach to finance green assets.
Landsvirkjun’s results for the first half of the year reflect the difficult economic conditions throughout the world.
Hörður Arnarson, CEO, Landsvirkjun, explains how the power company's ongoing innovation allows it to maximize the sustainable harvest of natural resources and add value to the economy in an interview with Country Reports in partnership with Newsweek.
" The current economic situation has shown us that supporting innovation and improving the utilisation of natural resources in Iceland is more important than ever" says Kristín Linda Árnadóttir, Deputy CEO of Landsvirkjun.
The media centre gives you access to all the published materials released by Landsvirkjun. Our logo and photographs of all of our operations can be found here and can be used freely for media purposes. We also have an extensive news section where you can track our development, all the way back to 1999.