Orkuveita Reykjavikur

Total capacity of implemented projects
1 - 5 GW
Countries of projects presence
1
Orkuveita Reykjavikur (OR) is a leading energy company in Iceland that specializes in the development of renewable energy projects. The company was founded in 1921 and has since been at the forefront of Iceland's energy sector, providing sustainable and reliable energy solutions to the country's residents and businesses.
OR's primary focus is on the development of geothermal and small hydro projects. These two sectors are particularly important in Iceland, as the country is rich in geothermal resources and has a large number of rivers and waterfalls that can be harnessed for hydroelectric power.
Geothermal energy is a key part of OR's portfolio. The company operates several geothermal power plants in Iceland, which generate electricity and provide heating to homes and businesses. Geothermal energy is a clean and renewable source of energy that is produced by tapping into the Earth's natural heat. OR's geothermal power plants use this heat to generate electricity, which is then distributed to the national grid.
One of OR's most significant geothermal projects is the Hellisheidi Power Plant, which is located near Reykjavik. This plant is the largest geothermal power plant in the world, with a capacity of 303 MW. The plant generates electricity and provides heating to the city of Reykjavik, which has a population of over 120,000 people. The Hellisheidi Power Plant is a testament to OR's expertise in geothermal energy and its commitment to providing sustainable energy solutions to the people of Iceland.
In addition to geothermal energy, OR is also involved in the development of small hydro projects. Small hydro refers to the generation of electricity using small-scale hydroelectric power plants. These plants are typically located on rivers or waterfalls and generate electricity by harnessing the power of flowing water.
OR operates several small hydro power plants in Iceland, which generate electricity and provide a source of renewable energy to the country. One of OR's most significant small hydro projects is the Blanda Power Plant, which is located in the north of Iceland. The plant has a capacity of 150 MW and generates electricity using water from the Blanda River. The Blanda Power Plant is an important source of renewable energy for Iceland and is a testament to OR's commitment to sustainable energy solutions.
OR's commitment to renewable energy extends beyond its geothermal and small hydro projects. The company is also involved in the development of wind power projects in Iceland. Wind power is a relatively new source of renewable energy in Iceland, but OR is working to develop projects that can harness the country's strong winds and provide a source of clean energy.
In addition to its renewable energy projects, OR is also committed to sustainability and reducing its carbon footprint. The company has implemented several initiatives to reduce its greenhouse gas emissions, including the use of electric vehicles and the installation of solar panels at its facilities.
OR is also involved in research and development in the field of renewable energy. The company has a dedicated research and development team that is working on new technologies and solutions to improve the efficiency and sustainability of its energy projects. OR's research and development efforts are focused on finding new ways to harness renewable energy sources and reduce the environmental impact of its operations.
In conclusion, Orkuveita Reykjavikur is a leading energy company in Iceland that is committed to providing sustainable and reliable energy solutions to the country's residents and businesses. The company's focus on geothermal and small hydro projects has made it a leader in renewable energy, and its commitment to sustainability and research and development ensures that it will continue to be at the forefront of the energy sector in Iceland and beyond.