Iceland Energy Storage Power Supply Procurement

Who produces electricity in Iceland?

There are three main electricity producers: Landsvirkjun, which is state-owned; Reykjavík Energy, owned by three municipalities; and HS Energy, owned by local municipalities and private investors, some of whom are foreign. There is a nascent wind power sector and some interest in developing solar power, especially for off-grid uses.

Should Iceland be proactive in ensuring electricity security of supply?

The Icelandic national government and regulators should be proactive in ensuring that their citizens and the companies functioning in Iceland have acceptable levels of electricity security of supply.

Is there a regulatory framework for lectricity E security of supply in Iceland?

This document discusses the regulatory framework currently in place in Iceland regarding electricity e-Security of Supply and proposes some alternatives to enhance it. The regulatory framework for electricity e-Security of Supply in Iceland is discussed in this document, along with proposed alternatives.

Should gas power plants be built in Iceland?

In contrast, it is suggested to discard the installation of gas power plants in Iceland. The Icelandic system seems less secure, more expensive, more polluting, and more dependent on a foreign fuel source when installing these plants than when building the Blönduveituvirkjun power plant.