Iceland could become the hub of renewable energy
New and diverse business opportunities are continually emerging, based on the interplay of technological progress, increased expertise, continuous development over decades of operation and evolving renewable energy markets.
Iceland produces all of its electricity from renewable energy sources.
Global consumers are continually more aware of the crucial role of sustainable development in all aspects of society and the value of reducing the negative human impact on the environment. This increased demand for renewable energy products and services has given Landsvirkjun the opportunity to focus on a larger and more diverse customer base.
Renewable energy has, in many ways, become central to Iceland's image, creating various opportunities for value creation by focusing on the sustainable use of natural resources. The development of primary and secondary energy vectors will provide the key to attracting and creating new energy-related industries in connection with data centers, tourism, algae cultivation and health and wellness products and services.
Renewable energy for future generations
EIMUR -improving the utilisation of natural resources
EIMUR is a perfect example of how to successfully collaborate on improving the utilisation of natural resources.
EIMUR has launched a number of projects in recent years including the mapping of natural resources in the Northeast of Iceland (with an emphasis on sustainable utilisation), an Idea Challenge on the utilisation of low to medium enthalpy resources in Northeast Iceland, a geothermal food idea challenge, a summer school focused on sustainability and diverse utilisation and the “Viltu sigra EIMINN” prize which is awarded for the best sustainability concept in connection with increased resource utilisation, and / or environmental and community interaction.
Focusing on efficiency will enable us to broaden opportunities associated with renewable energy sources, both at the domestic and global level. Our Marketing and Business Development Division will continue to conduct an international marketing campaign, focusing on defined target groups in prioritised industry sectors.