Energy System at Full Capacity
Landsvirkjun always aims at maximising the yield of the natural energy resources the Company is entrusted with, guided by sustainability and efficiency. Landsvirkjun has entered into many power purchasing agreements of various sizes, dependent on available capacity in the Company’s energy system. Landsvirkjun must uphold its obligations and, at the same time, allow for natural fluctuations in water levels. Iceland offers unique conditions where electricity is generated from renewable energy sources in an isolated electricity system.
Currently, Landsvirkjun's electricity system is running at full capacity, but the Company has managed to deliver energy in accordance with agreements. However, a situation might arise where all obligations cannot be met under such circumstances. Curtailment of this kind has happened in the last few years and is becoming more frequent now that electricity demand is so high that the system is fully utilised. Landsvirkjun’s customers know of the possibility of curtailment, as stipulated in the power purchasing agreements.