Which companies own the Reykjavik power base station

How many power stations are there in Iceland?

We operate fourteen hydropower stations, three geothermal power stations and two wind turbines for research purposes in five operating areas in Iceland. In operating power stations, emphasis is placed on a holistic vision, where prudence, reliability and harmony of the operations with environment and society are the guiding principles.

Who produces electricity in Iceland?

There are three main electricity producers: Landsvirkjun, which is state-owned; Reykjavík Energy, owned by three municipalities; and HS Energy, owned by local municipalities and private investors, some of whom are foreign. There is a nascent wind power sector and some interest in developing solar power, especially for off-grid uses.

Who is the biggest utility company in Reykjavik?

Veitur Utilities is the biggest utility company in the country. At the beginning of 2014, Reykjavik Energy was unbundled into exclusively licensed operations and competitive operations, in accordance with the requirements of the Electricity Act. Water is produced from numerous sources.

When did the Reykjavik Electricity Authority start?

The operation of the Reykjavik Electricity Authority began formally in 1921, when a hydroelectric power station was inaugurated on the Ellida river. The distribution system was enlarged to keep pace with the rapid increase in the population of the capital during the 1920’s and soon the Ellida station cope with the demand.