Ragnar Magnusson

Landsvirkjun

Landsvirkjun is owned by the Icelandic state and processes 75% of all electricity used in Iceland. We are the country's largest electricity generator and one of the largest producers of renewable energy in Europe. Landsvirkjun operates 15 power stations all over Iceland, in five areas of operation. In operating power stations, emphasis is placed on a holistic vision, where prudence, reliability and harmony of the operations with the environment and society are the guiding principles. At Landsvirkjun, we are resolute in our vision of the future. Our role is to pursue a higher standard in all our endeavours, to pursue innovative and unconventional pathways in technological development, and above all, to achieve the extraordinary. At Landsvirkjun we aspire to become a leader in the sustainable use of renewable energy sources. Prudence, progressiveness and reliability are key elements in the creation and development of new projects. Iceland generates 99% of its energy from renewable hydroelectric and geothermal sources. Landsvirkjun generates three fourths of this energy from hydroelectric power and geothermal energy. Landsvirkjun is one of the largest producers of renewable energy in Europe.