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Landsvirkjun eyes carbon neutrality by 2025

Bjarnarflag. Source: Landsvirkjun. License: All Rights Reserved.

December 11 (Renewables Now) - Icelandic state-owned power company Landsvirkjun is looking to reach a net zero carbon footprint by 2025, earlier than its original goal of 2030, the company said on Monday.

As part of its new plan, the company intends to clean emissions from the Krafla geothermal power stations, potentially cutting emissions by 22,000 tonnes of carbon dioxide (CO2) equivalent annually.

Landsvirkjun will also update vehicles and machinery, with the goal of using only renewable fuel sources by 2030, and will lower air travel emissions by 30%. In addition, it plans to increase reforestation, revegetation and wetland reclamation to help carbon sequestration.

Landsvirkjun’s capacity stands at 2.15 GW, including three geothermal power plants, 15 hydropower stations and two wind parks.

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Before joining Renewables Now, Alex was a UK-focused business news reporter. Now she is covering global news from the renewable energy industry with a special interest in M&A.

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