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Core Function

The core operations of the Geothermal Cluster consist of geothermal exploration and surveying, and on the other hand, electricity generation and production. Here, energy companies play the biggest role; below you can learn more about them:

An ambitious, innovative and progressive company whose goal it is to harness geothermal energy in a sustainable way and integrate different resources.

Landsvirkjun, the National Power Company of Iceland, generates electricity via renewable energy sources such as hydropower, geothermal and wind power. The Company is the country's largest electricity generator and one of the ten largest producers of renewable energy in Europe. At Landsvirkjun we aspire to become a leader in the sustainable use of renewable energy sources, promoting and supporting the development of expertise, innovation and technological development at every juncture.


The main role of Norðurorka is to handle energy demands of households and businesses in its area by the processing and utilization of geothermal energy, hydropower, water and other resources. This also includes the distribution and sale of energy, water and other yields of the company. Norðurorka partakes in other activities that utilize research, knowledge or equipment, which the company has at its disposal.

Reykjavik Energy is a public utility company providing electricity, geothermal water for heating, and cold water for consumption and fire fighting.  The service area extends to 20 communities, covering 67% of the Icelandic population. Reykjavik Energy harnesses hot water from geothermal fields in Reykjavík and distributes to its customers. In addition, Reykjavik Energy operates geothermal plants at Hellisheiði and Nesjavellir, where groundwater is heated and distributed to the district heating.

Our Nature - ON is a new company that builds on the solid foundations and vast experience of Reykjavik Energy (Orkuveita Reykjavíkur) and its predecessors. We provide more than 75.000 homes and businesses in Iceland with electricity at competitive prices. All our energy production is certified green, sustainable and renewable.