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Renewable energy is an energy source which is naturally and continually replenished and which is not depleted by utilisation.

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Energy derived from water, wind and geothermal resources is defined as renewable. Fossil fuel energy sources, such as oil, coal and gas are not considered renewable because they are only available in limited quantities.

Landsvirkjun generates energy from renewable energy sources. The Company places an emphasis on utilising resources in a sustainable way. Landsvirkjun consistently endeavours to maximise the potential yield and value of the natural resources it has been entrusted with, in a sustainable, responsible and efficient manner.

The term sustainable development refers to long-term development that focuses on increasing economic value and strengthening society while maintaining the quality of nature.

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Sustainability and renewability are two different things. Sustainable energy production describes how an energy source is utilised and renewability describes the nature of the source. A renewable resource can therefore be utilised in a sustainable or unsustainable manner

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Landsvirkjun has defined its procedures in order to promote the sustainable use of resources by having a clear policy on social responsibility.

Landsvirkjun has implemented internal procedures based on the Hydropower Sustainability Assessment Protocol (HSAP). The results of the HSAP assessment showed that the Blanda Hydropower Station meets ‘Proven Best Practice’ on 14 out of 17 topics assessed using the Protocol.

Section #GeothermalEnergy
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Geothermal Energy

Iceland is located on the volcanic Atlantic Ridge and there is heavy rainfall throughout the year. The country is particularly rich in geothermal resources where the force of the earth's core heats up water that seeps continually down into the earth. Iceland has acquired considerable expertise in geothermal electricity generation that allows us to utilise these resources in a sustainable manner.

Section #Hydropower
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Water

The kinetic energy of water in a continuous cycle on land, sea and air is utilised during the hydroelectric generation process. Iceland is located in an area of the Atlantic where rainfall is heavy.  A substantial amount of water runs from the highlands and down to the coastal plain, which makes it ideal for hydropower generation.

Section #WindEnergy
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Wind

Wind turbines convert the kinetic energy from the wind into electricity. Iceland is located in the middle of the Atlantic Ocean. The country enjoys a windy climate creating great potential for the further utilisation of wind power. Landsvirkjun operates two wind turbines in the Hafið area, within the Þjórsá area.