Executive Vice President of Business Development and Innovation here at Landsvirkjun, Ríkarður Ríkarðsson, attended the COP29 in Azerbaijan earlier this month.
As well as working with the Iceland delegation, Ríkarður participated in a panel discussion "Harnessing Technology and Innovation for NDC Implementation" with the Climate Action Coalition at the UNFCCC Pavilion.
He highlighted Iceland’s remarkable transition to 100% renewable electricity and heating, showcasing its strategy of supporting power-intensive industries like aluminum, data centers, and fish farming while providing secure, affordable, and just energy to local communities.
To sustain this growth, it’s essential for the government to facilitate land access and permitting for competitive renewable's, foster ongoing renewable energy development, and create a business environment that supports long-term energy contracts and energy security. Ensuring competitiveness serves the public’s interest.
