Landsvirkjun is the National Power Company of Iceland and one of the largest producers of renewable energy in Europe. We operate 18 power stations all over Iceland where we generate 100% renewable energy – harnessing the flow of our waters, the heat of our land, and the abundance of wind circulating our island. As a global leader in sustainable energy, we’re committed to finding new and innovative ways to power and preserve our planet.
Guarantees of Origin from Iceland not only support the improvement of local energy systems. They help to power the expansion and availability of sustainable energy.
According to the World Energy Council, the world is set to consume 30% more energy by 2030. Yet the majority of global energy supply still comes from burning fossil fuels, which is the largest contributor to greenhouse gas emissions. It’s therefore crucial for countries, governments and companies to be working together to scale up the deployment of renewable energy solutions as fast and as cost-effectively as possible.
Guarantees of Origin (GOs) is a trusted system certifying the origin of electricity from renewable energy sources in Europe. Its ultimate purpose is to increase renewable energy generation and reduce greenhouse gas emissions – regardless of location. As Iceland is an isolated system with no nuclear or coal production, all GOs revenues will go to a 100% renewable system. This not only helps improve the efficiency of this system but it also makes additional renewable energy available to international energy-intensive companies located here.
Climate change is a global challenge affecting us all. That’s why Landsvirkjun is 100% committed to developing sustainable solutions that make a positive impact. It’s why the revenues from our Guarantees of Origin only go into 100% renewable energy systems. And it’s why we consider 100% of the global ecosystem in everything we do. It’s a mindset we call the Power of 100.
Guarantees of Origin from Iceland support the expansion of renewable energy to help power and preserve our planet in the fight against climate change.