Landsvirkjun is the National Power Company of Iceland. We generate electricity solely from 100% renewable sources: hydropower, geothermal and wind.
We are the nation’s biggest energy company, supplying over 70% of all electricity produced in Iceland to industries, services, and households. Around 85% of our energy is sold to power-intensive industries, while 15% is distributed in the wholesale market.
Our vision is a sustainable world, powered by renewable energy.
Our role is to maximise the value of the renewable energy resources the company has been entrusted with, in a sustainable and efficient manner.
We play a key role in Iceland’s transition to clean energy, contributing to global carbon neutrality. We work to create a greener future through innovative measures and exciting new business opportunities.
We operate fourteen hydroelectric power stations, three geothermal stations, and two wind turbines across five operational areas around the country. In operating these power stations, we emphasise prudence and reliability, working in harmony with society and nature.
Our permanent staff totals about 360, located at various sites around the country. We emphasise building an ambitious work environment that nurtures a strong team spirit, success, and a motivating atmosphere – a forward-looking workplace that promotes diversity and meets the needs of staff for flexibility.
The Board of Landsvirkjun is appointed by the Minister of Finance at the Company's annual General Meeting. It is responsible for the finances and operation of the Company and appoints the CEO. Hörður Arnarson has been the CEO of Landsvirkjun since 2010.
Below you can see our organisational chart. You can click on titles to see more information about the Board, CEO, and departments.
Year 2024
Year 2024
Year 2024
Year 2024
Year 2024
Year 2024
Our annual report documents the Company's activities throughout the year.
Our annual reports are comprehensive and full of insightful information about the Company, such as on energy production, financial performance, the electricity market, climate and environmental issues, the workplace, strategies and community engagement.
We strive to share diverse, informative, and entertaining content on our social media.
Of course, most of the content is in Icelandic, but we still encourage you to follow us on the following platforms: