Our communication policy is to create support and consensus through open communication with stakeholders. We attach great importance to our communication policy and enforce it in all our Company projects.
Our communication policy is to create support and consensus through open communication with stakeholders.
Global Project Excellence Award
The Þeistareykir Geothermal Power Station in Northeast Iceland received this year’s International Project Management Award (IPMA) or Global Project Excellence Award.
The project was considered a benchmark for stakeholder management with a unified project team and “strong orientation towards sustainability ethical behaviour, support of human rights and social responsibility”. Landsvirkjun is honoured that the project received international attention.
Meetings and events during the year
Landsvirkjun holds a number of open meetings each year to share information on its operations. The issues discussed are varied and call for open communication with stakeholders all over the country.
In the land of renewable energy

Landsvirkjun’s annual meeting was held on the 28th of February, under the banner “The land of renewable energy.”
Addresses were given by Þórdis Kolbrun Reykfjord Gylfadottir, Minister of Tourism, Industry, and Innovation, and Jonas Þór Gudmundsson, Chairman of the Board at Landsvirkjun. Hördur Arnarson, CEO at Landsvirkjun presented the financial statement and Ragna Arnadottir, then-Deputy CEO, spoke about the relationship between energy affairs and climate issues.
Bjork Gudmundsdottir, Project Manager, Stefan Karl Sveinbjornsson, Project Manager, Olof Ros Karadottir, Project Manager, Rafnar Larusson, Executive Vice President of the Finance Division and Stefania G. Halldorsdottir Executive Vice President of the Marketing and Business Development Division spoke about the diverse challenges and opportunities presented by climate change.
In the land of renewable energy – Landsvirkjun's annual meeting
Energy markets in formation: Open meeting series
Energy markets in formation: Value creation and national interests
The third of four meetings in the open meeting series "Energy markets in formation" was held in the middle of January 2019.
Gunnar Haraldsson of Intellecon and Magnus Arni Skulason of Reykjavik Economics presented their new reports on Iceland’s Energy Resources and future prosperity, and Dagny Osk Ragnarsdottir and Valur Aegisson reviewed Landvirkjun’s business analysis of international competition and the Icelandic energy market and new opportunities in the energy-intensive market.
Other meetings in the series
- The first meeting was held in March 2017: The Energy market at a crossroads
- The second meeting was held in November 2018: Business and price formation
- The fourth meeting was held in January 2020: Icelandic energy in international markets
Carbon Neutrality 2025
Landsvirkjun presented its climate change action plan to a full house at Nautholl restaurant. Topics discussed were Landvirkjun’s goal to be carbon neutral in 2025 and climate change in a broader context.
Speeches were given by Kristin Linda Arnadottir, Deputy CEO, Halldor Þorgeirsson, Chairman of the Icelandic Climate Council and Jona Bjarnadottir, Landvirkjun’s Director of Environment and Natural Resources and Johanna Hlin Audunsdottir, Landvirkjun’s specialist in environmental management, Olafur Elinarson, Gallup’s Director of Market Research and Eggert Benedikt Gudmundsson, Director of Graenvangur.
Maintaining dialogue with close communities
We create an internal annual plan to support ongoing dialogue with communities close to our power stations. Regular communication, open meetings and events are all part of a proactive approach to effective knowledge dissemination and transparency and can be a key factor in preventing miscommunication.
East Iceland Sustainability Initiative
The annual open meeting of the East Iceland Sustainability Initiative was held in Reydarfjördur on the 30th of April, 2019 with the title “vegetation is the key.” Topics discussed included vegetation monitoring in areas affected by the geothermal power station and the Alcoa aluminium plant. Basic vegetation and soil resources were also discussed.
Alcoa and Landsvirkjun’s sustainability initiative was established twelve years ago to track the impacts of projects at Karahnjukar Hydropower Station and the Reydarfjördur Aluminum Plant on society, environment, and the economy in East Iceland.
More information about the project
Northeast Iceland sustainability initiative
The annual open meeting of the Northeast Iceland sustainability initiative was held on the 21st of May, 2019 at Fosshotel Husavik. Ragna Arnadottir, then-Deputy CEO of Landsvirkjun, gave the meeting address and opened an English version of the project’s website, gaumur.is. Geophysicist Sigurjon Jonsson informed meeting guests about seismicity in Northeast Iceland, and Kristin Jonsdottir, team leader of nature watch at the Icelandic Meteorological Office, gave an informative lecture about possible responses to a large earthquake.
The project traces its history back to 2008 and is conducted in collaboration with the local community and stakeholders. The goal is to support sustainable development, focusing on the environmental, economic, and social aspects of construction projects in the Þingeyjarsýslu Municipality.
Energy and Tourism Issues
Landsvirkjun has two visitor centres, one in Krafla and one in Ljosafoss. The Krafla Visitor Centre offers guests the opportunity to familiarise themselves with the geology, history and utilisation of geothermal energy in Iceland and the opportunities therein. Ljosafoss is an interactive exhibition with an emphasis on play and experience where the nature and characteristics of electricity are shown in multiple forms, leading visitors through the world of electricity in new and creative ways. Guided tours have also been given of Karahnjukur Dam.

Landsvirkjun has a strong relationship with tourism, as Iceland’s image is interwoven with renewable energy. Landsvirkjun opens its power stations to guests every summer, offering them the chance to familiarise themselves with the world of renewable energy production.
Over 17 thousand people visited our visitor centre at Krafla and just over 12 thousand people visited the Powering the Future exhibition at Ljósafoss.

“A Glorious Vision”, by the architect Jon Gretar Olafsson, is a model of Iceland created by using basalt rock columns and surrounded by irregular volcanic stone slabs that represent the connection between the geothermal site and nature.
Visual impact and land formation
Our policy is to create harmony between man-made structures, landscaping and the natural environment. The goal of the overall design of structures and landscaping is to inspire interest and to leave visitors with positive impressions of the area.
Get to know Landsvirkjun online
Landsvirkjun provides important information on the Company's website in both Icelandic and English. In 2019, approx. 55,000 users visited the Company website. At year-end, the total number of Facebook followers was 4,689. The Company is also on Twitter and Instagram.
Our goal is to increase public access to the annual accounts of the Company and to promote effective disclosure on its activities. In 2019, 2,400 readers viewed the combined Annual and Environmental Report and page views reached 9,000. Our Annual Reports can only be accessed online.
Find us at Landsvirkjun.com, or on our Facebook-page, Twitter and Instagram.