Landsvirkjun
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Landsvirkjun, (Template:IPA) the National Power Company of Iceland, is Iceland's largest electricity generator.<ref>Template:Cite web</ref> Landsvirkjun operates 21 power plants in Iceland concentrated on five main areas of operation.<ref>Template:Cite web</ref>
History
Landsvirkjun was founded on 1 July 1965 by the state of Iceland and the city of Reykjavík.<ref>Template:Cite web</ref> The city of Reykjavík contributed to the company three power stations on the Sog River.<ref name=":0">Template:Cite web</ref> Shortly after its founding construction onTemplate:Clarify the Búrfell hydropower station began.<ref name=":1" /> 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.<ref>Template:Cite web</ref> Three hydropower stations on the Laxá River previously owned by the municipality of Akureyri were merged into Landsvirkjun.<ref>Template:Cite webTemplate:Cbignore</ref><ref name=":0" /> 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.<ref name=":2" /> Through a new electricity act in 2005 the company's Transmission Division became Landsnet, an independent limited company and a subsidiary of Landsvirkjun.<ref>Template:Cite web</ref> File:CELEX E2015C0319(01) EN TXT.pdf Landsnet owns and operates the Icelandic transmission system and manages the country's electricity system.<ref>Template:Cite web</ref> 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.<ref>Template:Cite journal</ref> 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.<ref name=":3" />
Power stations
Landsvirkjun has 21 power stations, of which 15 are hydropower stations, three geothermal power stations and two wind power field.
| Station | Year built | Type | Nameplate capacity (MW) |
Production (GWh/year) |
Capacity factor |
|---|---|---|---|---|---|
| Laxá I<ref>Template:Cite webTemplate:Cbignore</ref> | 1939 | Hydropower | 5 | 3 | 6.8% |
| Laxá II<ref>Template:Cite webTemplate:Cbignore</ref> | 1953 | Hydropower | 9 | 78 | 98.9% |
| Laxá III<ref>Template:Cite webTemplate:Cbignore</ref> | 1973 | Hydropower | 13.5 | 92 | 77.8% |
| Ljósafoss<ref>Template:Cite webTemplate:Cbignore</ref> | 1937 | Hydropower | 16 | 105 | 74.1% |
| Írafoss<ref>Template:Cite webTemplate:Cbignore</ref> | 1953 | Hydropower | 48 | 236 | 56.1% |
| Steingrímsstöð<ref>Template:Cite webTemplate:Cbignore</ref> | 1959 | Hydropower | 27 | 122 | 51.6% |
| Búrfell <ref name=":1">Template:Cite webTemplate:Cbignore</ref> | 1969 | Hydropower | 270 | 2300 | 97.2% |
| Sigalda<ref>Template:Cite webTemplate:Cbignore</ref> | 1978 | Hydropower | 150 | 920 | 70.0% |
| Hrauneyjafoss<ref>Template:Cite webTemplate:Cbignore</ref> | 1981 | Hydropower | 210 | 1300 | 70.7% |
| Blanda<ref>Template:Cite webTemplate:Cbignore</ref> | 1991 | Hydropower | 150 | 990 | 75.3% |
| Sultartangi<ref>Template:Cite webTemplate:Cbignore</ref> | 1999 | Hydropower | 125 | 1020 | 93.1% |
| Vatnsfell<ref>Template:Cite webTemplate:Cbignore</ref> | 2001 | Hydropower | 90 | 490 | 62.1% |
| Fljótsdalur<ref>Template:Cite webTemplate:Cbignore</ref> | 2007 | Hydropower | 690 | 4800 | 79.4% |
| Búðarháls<ref>Template:Cite webTemplate:Cbignore</ref> | 2014 | Hydropower | 95 | 585 | 70.3% |
| Krafla<ref name=":2">Template:Cite webTemplate:Cbignore</ref> | 1977 | Geothermal | 60 | 500 | 95.1% |
| Bjarnarflag<ref>Template:Cite webTemplate:Cbignore</ref> | 1969 | Geothermal | 5 | 42 | 95.9% |
| Theistareykir<ref>Template:Cite webTemplate:Cbignore</ref> | 2017 | Geothermal | 90 | 738 | 93.6% |
| Hafið<ref name=":3">Template:Cite webTemplate:Cbignore</ref> | 2013 | Windpower | 1.8 | 6.7 | 42.5% |
| Sum by type (calculated figure) | Hydropower | 1898.5 | 13041 | 78.4% | |
| Sum by type (calculated figure) | Geothermal | 155 | 1280 | 94.3% | |
| Sum total (calculated figure) | All types combined | 2055.3 | 14327.7 | 79.6% | |
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.