Green by Iceland

Geothermal house heating has worked wonders in Iceland and has the potential to heat homes across the world. Click on the picture above to watch our video.

E-World 2024
Energy and water

Iceland has been harvesting renewable energy for more than a century.

100% of electricity and house-heating needs are met with renewables in Iceland. Furthermore, Icelandic companies have been developing projects where CO2 emissions are captured, turned into stone and stored underground at an industrial scale. Turning green hydrogen and CO2 from geothermal power plants or other sources into liquid methanol for fuel application, greener chemicals, and products, has also advanced as a solution available worldwide.

We are joined by five Icelandic companies this year at E-World 2024: Reykjavík Energy, ON Power, Landsvirkjun, Verkís and Snerpa Power.

Meet the companies

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Reykjavík Energy

Reykjavik Energy, a power and utility company, operates through four subsidiaries and is jointly owned by three municipalities. The company is a leader in responsible resource utilization and focuses on increasing resource value through innovation and collaboration. Its unwavering commitment is to provide households, businesses, and institutions with energy services at fair and competitive prices while adhering to statutory obligations and sustainability goals.

For further information please visit our website or contact Arna Pálsdóttir, Innovation Leader,

ON Power

ON Power is a world leader in the utilization of geothermal energy, and produces electricity for the Icelandic market and geothermal water for heating to majority of the population of Iceland. ON Power runs Hellisheiðarvirkjun, the fourth largest geothermal power plant in the world, along with Nesjavallavirkjun and Andakílsárvirkjun.

For further information please visit our website or contact Margrét Lilja Hrafnkelsdóttir, Business Development,


Landsvirkjun is the National Power Company of Iceland. We are 100% renewable power generator with 2150 MW installed capacity. We operate a portfolio of renewable power plants including hydroelectric and geothermal. Landsvirkjun is at the forefront of Iceland's energy transition, for which we are currently expanding our energy portfolio, and has set itself ambitious decarbonization goals (carbon neutral before the end of 2025).

For further information please visit our website or contact Halldór Kári Sigurðarson, Business Director, or Magnús Þór Magnússon, Business specialist

Snerpa Power

Snerpa Power activates Power Intensive Users (PIUs) of electricity in flexibility and balancing markets and automates their processes for load forecasting and scheduling. Our next generation Energy Management System connects users directly to electricity markets leading to the improved competitiveness of industries, increased efficiency of the power system and an accelerated energy transition. The sustainable and intelligent use of energy resources is our passion and we believe that through innovation, automation and digitalisation of industrial load there are gains to be made for industries and the society as a whole. 

For further information please visit our website or contact Íris Baldursdóttir, CEO, or Eyrún Linnet, CTO & Co-founder,


Verkis consulting engineers and its forerunners have, since 1932, contributed to the development of the Icelandic infrastructure by providing consultancy and engineering services in the fields of energy, industry, buildings, infrastructure, planning, health, safety and the environment.

When designing and advising its customers, Verkis places emphasis on sustainable solutions, e.g. energy saving, building materials selection, conservation of ecological value and minimization of project impact during its lifecycle. Verkis contributes to the changes needed to bring sustainability to the planet and combat greenhouse gas emissions by emphasizing on UN’s Sustainable Development Goals in its activities related to Gender Equality, Affordable and Clean Energy and Sustainable Cities and Communities.

For further information please visit our website or contact Haukur Þór Haraldsson, Business Development, or Anna Ingvarsdóttir, Chemical Engineer,

Green by Iceland at E-World 2024