27 Jan 2022If electricity use increases, as public forecasts suggest, chances are the delivery of energy that contracts allow to be limited, might have to be reduced as early as next year, even if annual precipitation is average.
25 Aug 2020Icelandic authorities believe that the proposed construction of a nuclear power station in Sizewell, Suffolk County, on the east coast of England, will not have a major impact on the environment in Iceland.
28 Nov 2018The central committee of the centrist Progressive Party recently issued a policy statement following its autumn meeting saying that Iceland should seek a derogation from adopting the European Union’s third energy package through the country’s membership of the European Economic Area (EEA) and that the EU’s energy legislation does not suit Icelandic circumstances.
29 Nov 2016A proposed submarine power cable taking Icelandic green energy to the UK is now one step closer to becoming a reality, after a French asset company agreed to stump up with a major cash contribution.
9 Jun 2016The European Investment Bank (EIB) has signed a EUR 125 million loan agreement with Landsvirkjun, the National Power Company of Iceland, to finance a new geothermal power station and its geothermal wells at Theistareykir, near Húsavik in north-eastern Iceland.