please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . july 2011 learn how and when to remove this template message landsvirkjun type public partnership industry energy founded 1 july 1965 1965 07 01 founder city of reykjav k the state of iceland headquarters reykjav k iceland key people brynd s hl versd ttir chairman h r ur arnarson ceo products electricity owner the state of iceland subsidiaries landsnet landsvirkjun power orkufjarskipti icelandic power insurance hraunaveita website www.landsvirkjun.com landsvirkjun the national power company of iceland is iceland s largest electricity generator and one of the ten largest producers of renewable energy in europe . landsvirkjun operates 17 power plants in iceland concentrated on five main areas of operation . contents 1 history 2 power stations 3 subsidiaries 4 external links history edit landsvirkjun was founded on 1 july 1965 by the state of iceland and the city of reykjavik . the city of reykjav k contributed to the company three power stations at the sog river . shortly after its founding construction on the b rfell hydropower station began . from 1965 until 2005 the purpose of landsvirkjun was to produce and distribute high voltage electricity . the municipality of akureyri acquired a share in landsvirkjun in 1983 and became the third owner . three hydropower stations at the lax river previously owned by the municipality of akureyri were merged into landsvirkjun . the hydropower stations b rfell sigalda hrauneyjafoss blanda sultartangi vatnsfell and flj tsdalsst were all built by landsvirkjun . the geothermal power station krafla came under landsvirkjun s ownership in 1986 . through a new electricity act in 2005 the company s transmission division became landsnet an independent limited company and a subsidiary of landsvirkjun . landsnet owns and operates the icelandic transmission system and manages the country s electricity system . in 2007 the state of iceland took over the ownership shares of akureyri and reykjav k in landsvirkjun turning it into a public partnership fully owned by the state of iceland . in december 2012 landsvirkjun erected two wind turbines in an area known as hafi within the construction area of b rfell power station in the south of iceland . the turbines have a total of 2 mw of installed power . power stations edit krafla geothermal station landsvirkjun has 17 power stations of which 14 are hydropower stations two geothermal power stations and one wind power field . station year type capacity mw production gwh year lax i 1939 hydropower 5 3 lax ii 1953 hydropower 9 78 lax iii 1973 hydropower 13.5 92 lj sifoss 1937 hydropower 14.2 rafoss 1953 hydropower 48 236 steingr msst 1959 hydropower 27 122 b rfell 1972 hydropower 270 2300 sigalda 1977 hydropower 150 920 hrauneyjafoss 1981 hydropower 210 1300 sultartangi 1999 hydropower 120 1020 vatnsfell 2001 hydropower 90 490 blanda 1991 hydropower 150 990 flj tsdalur 2007 hydropower 690 5000 krafla 1977 geothermal 60 500 bjarnarflag 1969 geothermal 3 18 hafi 2013 windpower 2 r & d project b arh ls 2014 hydropower 95 585 see also list of power stations in iceland landsvirkjun operates some hydropower plants in other countries bratil hydro power plant in albania qorlortorsuaq dam in greenland subsidiaries edit landsvirkjun has five subsidiaries . landsnet 64.7 % of shares is owned by landsvirkjun is the tso transmission system operator of icelandic high voltage electricity grid . landsvirkjun power is to use landsvirkjun s knowledge to conduct consultancy projects in matters related to energy on the international market . orkufjarskipti provides telecommunication services while icelandic power insurance is a captive insurance company which handles insurance and re insurance for landsvirkjun s power stations and in addition supervises insurance for construction projects . hraunaveita ehf . took on specific tasks in connection with the k rahnj kar project but now has no operations today . external links edit official website retrieved from https en.wikipedia.org w index.php title landsvirkjun & oldid 711732495 categories power companies of icelandhidden categories articles needing additional references from july 2011all articles needing additional referencesuse dmy dates from july 2011 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutschfran ais slenskaitaliano edit links this page was last modified on 24 march 2016 at 14 29 . text is available 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