Guarantees of origin specify the energy source from which electricity is produced. They serve to enable users of electricity to support the production of energy with renewable sources within the definition of the EU directive 2009/28/EC.
Landsvirkjun is involved in various social projects and follows a policy of providing grants to good causes. The company has supported a number of causes, including various charities, cultural and educational projects and sports and leisure activities.
Landsvirkjun has erected it's first wind turbine in an area known as "Hafið" near Búrfell Power Station. Thanks to rapid technological development wind energy is fast becoming a viable option when it comes to environmentally friendly power.
Standard and Poor‘s changes Landsvirkjun´s outlook from stable to positive
July 24, 2014
Standard and Poor‘s credit rating agency has changed Landsvirkjun‘s outlook from stable to positive. On July 18, Standard and Poor´s announced a similar change for the outlook of the Republic of Iceland´s credit rating.