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