We have completed the unbundling of Orkuveita Reykjavíkur's operations - also known as OR or Reykjavik Energy. Now, its three subsidiaries - Veitur Utilities, ON Power and Reykjavik Fibre Network - serve their respective customers under own logo. Thus, Reykjavik Energy‘s main function is to support them in providing best service possible in a sustainable manner.
Information on outages in utility systems can be found at www.veitur.is
OR‘s subsidiaries harness energy in harmony with nature. All of our operations make use of independent accreditation in environmental affairs, quality standards and safety standards. Our annual environmental report documents greenhouse gas emissions from our plants. We make every effort to make our areas of operations accessible to the public, such as the Hengill high-temperature field.
Orkuveita Reykjavíkur's Plan, adopted in spring 2011 by OR and its owners, contains various actions aimed at improving the company's cash position by ISK 50 billion before year end 2016.
None of OR‘s projects are so important that they justify that workers risk their life or health doing their job. OR Group puts safety of their customers and employees over all by being responsible on the feald, restricting access to construcion areas and being visible.
OR‘s goal is simple: To create a hazardless workplace with no accidents and provide constant education to the workers and be proffessional at all times.
Veitur, one of OR‘s subsidiaries, provide electricity, hot water for heating, cold water for consuption as well as maintaining sewage systems. Veitur distribute cold water from it‘s groundwater reservoir.
Learn more on www.veitur.is
The CarbFix Project
CarbFix is a collaborative research project between Reykjavik Energy, the University of Iceland, Columbia University and CNRS that aims at developing safe, simple and economical methods and technology for permanent CO2 mineral storage in basalts. The CarbFix team had demonstrated that over 95% of CO2 captured and injected at Hellisheidi geothermal Power Plant in Iceland was mineralized within two years. This contrasts the previous common view that mineralization in CCS projects takes hundreds to thousands of years. Industrial scale capture and injection have been ongoing at the power plant since 2012.