Icelandic State acquires Landsvirkjun’s share in Landsnet

Leading in Environmental Performance Globally

Landsvirkjun’s placement on CDP’s prestigious A List in 2022 means that the Company is a leader in climate performance globally

Landsvirkjun and Landeldi hf. have signed a Green Power Purchase Agreement (Green PPA) for up to 20 MW of electricity to Landeldi’s land-based salmon farm in Þorlákshöfn, South Iceland. Negotiations have been ongoing since 2021. Renewable energy is key for Landeldi’s sustainable production, as well as use of sea and fresh water.

Landsvirkjun and Landeldi Sign a 20 MW Green Power Purchase Agreement

For the first time ever an Icelandic company receives the score A for transparency on climate change

Landsvirkjun recognized with ‘A’ score for transparency on climate change

Landsvirkjun fær hæstu einkunn í loftslagsmálum

GOs No Longer Issued Automatically in the Wholesale Market

Landsvirkjun has notified electricity retail companies in the wholesale market that GO (Guarantee of Origin) certificates will not be issued automatically from 2023.

Landsvirkjun has repurchased USD 50 million floating rate notes due in February 2026. The repurchase reflects Landsvirkjun´s strong financial position and is a part of the company´s debt management.

Interview with Fréttablaðið, published November 17, 2022

Landsvirkjun Plays a Pivotal Part in the Energy Transition

Higher industrial customer prices lead to better results

This year's operations resulted in the highest nine-month profit in Landsvirkjun's history. Profit before unrealised financial items increased by 57% from the same period of the prior year and amounted to USD 241 million.

Amendment to power contract between Landsvirkjun and Norðurál 

Landsvirkjun and Norðurál have signed an amendment to the companies' power contract from the year 1997 in order to reduce risks due to large price fluctuations in markets.

Optimal utilisation of the resource and increased flexibility in operations

The area offers extensive opportunities for geothermal utilisation.

Búðarhálsstöð is one of seven hydropower stations in the Þjórsá area.

The water drives six powerful turbines in the powerhouse

Lágmarkshæð vatnsborðs og við tekur varaforði

Aðrennslisgöng frá Hálslóni (þvermál: 7,2-7,6 metrar)

Aðrennslisgöng frá Ufsarlóni (þvermál:6,5 metrar)

Þrenn aðgöng vegna aðrennslisganga (þvermál: 7,2-7,6 m)

Tvenn hjáveitugöng og aðkoma við Kárahnjúkastíflu

Bergþéttingargöng undir Kárahnjúkastíflu

Tvenn göng í Hraunaveitu (þvermál: 4,5 metrar)

Tvenn fallgöng að stöðvarhúsi (þvermál: 4,0 metrar)

Aðkomugöng að stöðvarhúsi (þvermál: 7,5 metrar)

Heildarfallhæð frá Hálslóni í stöðvarhús í Fljótsdal

Hönnunarrennsli (mesta mögulega rennsli)

Nýtir rennsli Tungnaár og  Þjórsár en árnar sameinast í Sultartangalóni

Blanda power station is located on the northern edge of the high-lands near the end of the Kjalvegur Mountain Road.

There are six hydropower stations in the catchment area of Rivers Thjórsá and Tungnaá: Búrfell, Sultartangi, Hrauneyjafoss, Vatnsfell, Sigalda and  Búdarháls.

Frárennslisskurður tengir Sigöldu við Hrauneyjafossstöð.

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