Landsnet Explained

Landsnet
Foundation:2005
Founder:Icelandic government
Location City:Reykjavík
Location Country:Iceland
Key People:Sigrún Björk Jakobsdóttir, Chairman
Guðmundur I. Ásmundsson, President and CEO
Industry:energy
Services:Electric power transmission
Owner:Landsvirkjun, RARIK, Orkuveita Reykjavíkur, Orkubú Vestfjarða

Landsnet is a transmission system operator of the Icelandic high-voltage power grid. It is a public company owned by Landsvirkjun (64.73%), RARIK (22.51%), Orkuveita Reykjavíkur (6.78%), and Orkubu Vestfjarða (5.98%).

Landsnet was established in 2005 by separating from Landsvirkjun.[1] It is a member of the European Network of Transmission System Operators for Electricity.[2]

Notes and References

  1. Web site: Landsvirkjun's History . . 2010-04-18 . https://web.archive.org/web/20101015021422/http://www.landsvirkjun.com/about-us/landsvirkjuns-history/ . 2010-10-15.
  2. Web site: ENTSO-E Member Companies. live. European Network of Transmission System Operators for Electricity. 2010-04-18. https://web.archive.org/web/20110720000955/https://www.entsoe.eu/index.php?id=15. 2011-07-20.