Orkuveita Reykjavíkur

Orkuveituh%C3%BAsi%C3%B0 (4343534859)

Orkuveita Reykjavíkur (commonly known as Reykjavik Energy) is a public utility company based in Reykjavík, Iceland. It provides services in the areas of geothermal energy, electricity, and water supply. The company is owned by the municipalities of Reykjavík, Akranes, and Borgarbyggð.

History

Orkuveita Reykjavíkur was established in 1999 through the merger of Hitaveita Reykjavíkur (Reykjavik District Heating) and Vatnsveita Reykjavíkur (Reykjavik Water Works). The merger aimed to streamline operations and improve the efficiency of utility services in the region.

Operations

Orkuveita Reykjavíkur operates several geothermal power plants, including the Hellisheiði Power Station and the Nesjavellir Geothermal Power Station. These facilities harness geothermal energy to produce electricity and hot water for district heating. The company also manages the distribution of cold water and the treatment of wastewater.

Geothermal Energy

Geothermal energy is a significant part of Orkuveita Reykjavíkur's operations. The company utilizes the geothermal resources of the Reykjanes Peninsula and the Hengill volcanic area to generate renewable energy. This energy is used for both electricity production and district heating, making Reykjavik one of the most sustainable cities in the world.

Electricity

Orkuveita Reykjavíkur supplies electricity to residential, commercial, and industrial customers. The electricity is primarily generated from geothermal sources, contributing to Iceland's reputation for having a high percentage of renewable energy in its energy mix.

Water Supply

The company is responsible for the supply of potable water to the residents of Reykjavik and surrounding areas. The water is sourced from natural springs and wells, ensuring a high quality of drinking water. Orkuveita Reykjavíkur also manages the infrastructure for wastewater treatment, ensuring that wastewater is treated and disposed of in an environmentally friendly manner.

Environmental Impact

Orkuveita Reykjavíkur is committed to minimizing its environmental impact. The company invests in research and development to improve the efficiency of its operations and reduce greenhouse gas emissions. It also engages in various environmental initiatives, such as reforestation projects and the restoration of natural habitats.

Governance

The company is governed by a board of directors appointed by the municipalities of Reykjavik, Akranes, and Borgarbyggð. The board is responsible for setting the strategic direction of the company and ensuring that it operates in the best interests of its stakeholders.

See Also

• Geothermal power in Iceland
• Renewable energy in Iceland
• District heating
• Water supply and sanitation in Iceland