Landsvirkjun

Landsvirkjun

Landsvirkjun

National Power Company of Iceland

Landsvirkjun, (Icelandic pronunciation: [ˈlan(t)sˌvɪr̥cʏn]) the National Power Company of Iceland, is Iceland's largest electricity generator.[1] Landsvirkjun operates 21 power plants in Iceland concentrated on five main areas of operation.[2]

Quick Facts Company type, Industry ...

History

Landsvirkjun was founded on 1 July 1965 by the state of Iceland and the city of Reykjavík.[3] The city of Reykjavík contributed to the company three power stations on the Sog River.[4] Shortly after its founding construction on[clarification needed] the Búrfell hydropower station began.[5] From 1965 until 2005 the purpose of Landsvirkjun was to produce and distribute high voltage electricity. The municipality of Akureyri acquired a 5% share in Landsvirkjun in 1983 and became the third owner.[6] Three hydropower stations on the Laxá River previously owned by the municipality of Akureyri were merged into Landsvirkjun.[7][4] The hydropower stations Búrfell, Sigalda, Hrauneyjafoss, Blanda, Sultartangi, Vatnsfell, and Fljótsdalsstöð were all built by Landsvirkjun. The geothermal power station Krafla came under Landsvirkjun's ownership in 1985.[8] Through a new electricity act in 2005 the company's Transmission Division became Landsnet, an independent limited company and a subsidiary of Landsvirkjun.[9]

Document E2015C0319(01)

Landsnet owns and operates the Icelandic transmission system and manages the country's electricity system.[10] In 2007 the state of Iceland took over the ownership shares of Akureyri and Reykjavík in Landsvirkjun, turning it into a public partnership, fully owned by the state of Iceland.[11] In December 2012, Landsvirkjun erected two wind turbines, in an area known as Hafið, within the construction area of Búrfell Power Station, in the south of Iceland. The turbines have a total of 2 MW of installed power.[12]

Power stations

Krafla Geothermal Station

Landsvirkjun has 21 power stations, of which 15 are hydropower stations, three geothermal power stations and two wind power field.

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Subsidiaries

Landsvirkjun has five subsidiaries:

  • Landsnet (64.7% of shares are owned by Landsvirkjun) is the transmission system operator (TSO) of the Icelandic high-voltage electricity grid.
  • Landsvirkjun Power uses Landsvirkjun's knowledge to conduct consultancy projects in matters related to energy on the international market.
  • Orkufjarskipti provides telecommunication services.
  • Icelandic Power Insurance is a captive insurance company, which handles insurance and reinsurance for Landsvirkjun's power stations and, in addition, supervises insurance for construction projects.
  • Hraunaveita ehf. took on specific tasks in connection with the Kárahnjúkar Project, but now has no operations.

See also

References

  1. [1]
    "Landsvirkjun". www.hydropower.org. Archived from the original on 19 April 2021. Retrieved 9 February 2022.
  2. [2]
    "Power stations - The National Power Company of Iceland". www.landsvirkjun.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  3. [3]
    "Landsvirkjun.com - The National Power Company of Iceland". www.landsvirkjun.com. Archived from the original on 2 February 2022. Retrieved 9 February 2022.
  4. [4]
    "History of Reykjavík Energy". www.or.is. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  5. [5]
    "Búrfell power station - The National Power Company of Iceland". www.landsvirkjun.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  6. [6]
    "On ice - International Water Power". www.waterpowermagazine.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  7. [7]
    "The Laxa River in North Iceland has 3 hydro power stations with a capacity of 28 MW". www.diamondringroad.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  8. [8]
    "Krafla Power Station - The National Power Company of Iceland". www.landsvirkjun.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  9. [9]
    "EUR-Lex - E2015C0319(01) - EN - EUR-Lex". eur-lex.europa.eu. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  10. [10]
    "Business". www.landsnet.is. Archived from the original on 17 May 2021. Retrieved 9 February 2022.
  11. [11]
    "EFTA SURVEILLANCE AUTHORITY DECISION of 14 December 2011 on the power contract between Landsvirkjun and Íslenska kísilfélagið ehf. (Iceland)" (PDF). European Free Trade Association Surveillance Authority: 2. 14 December 2011. Archived (PDF) from the original on 10 February 2022. Retrieved 10 February 2022.
  12. [12]
    "Hafið - The National Power Company of Iceland". www.landsvirkjun.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  13. [13]
    "Laxá Power Station I - The National Power Company of Iceland". www.landsvirkjun.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  14. [14]
    "Laxá Power Station II - The National Power Company of Iceland". www.landsvirkjun.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  15. [15]
    "Laxá Power Station III - The National Power Company of Iceland". www.landsvirkjun.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  16. [16]
    "Ljósafoss Power Station - The National Power Company of Iceland". www.landsvirkjun.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  17. [17]
    "Írafossstod Power Station - The National Power Company of Iceland". www.landsvirkjun.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  18. [18]
    "Steingrímsstöd Power Station - The National Power Company of Iceland". www.landsvirkjun.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  19. [19]
    "Sigalda Power Station - The National Power Company of Iceland". www.landsvirkjun.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  20. [20]
    "Hrauneyjafoss Power Station - The National Power Company of Iceland". www.landsvirkjun.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  21. [21]
    "Blöndustöð - The National Power Company of Iceland". www.landsvirkjun.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  22. [22]
    "Sultartangi Power Station - The National Power Company of Iceland". www.landsvirkjun.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  23. [23]
    "Vatnsfell Power Station - The National Power Company of Iceland". www.landsvirkjun.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  24. [24]
    "Fljótsdalur Power Station - The National Power Company of Iceland". www.landsvirkjun.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  25. [25]
    "Búðarhálsstöð - The National Power Company of Iceland". www.landsvirkjun.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  26. [26]
    "Bjarnarflag Power Station - The National Power Company of Iceland". www.landsvirkjun.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
  27. [27]
    "Theistareykir Geothermal Station - The National Power Company of Iceland". www.landsvirkjun.com. Archived from the original on 10 February 2022. Retrieved 9 February 2022.
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