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Icelandic New Energy
Icelandic New Energy Ltd (''Íslensk NýOrka ehf'') is a company that promotes the use of hydrogen fuel in Iceland founded in 1999 following a decision in 1998 by the Icelandic Parliament to convert vehicle and fishing fleets to hydrogen produced from renewable energy by 2050. Icelandic New Energy was formed as a spin-off from the research carried out by the University of Iceland and is 51% owned by Vistorka, with the remainder owned by Daimler, Norsk Hydro and Shell Hydrogen. VistOrka itself is owned by The Icelandic New Business Venture Fund (Nýsköpunarsjóður), the Ministry of Industry and Commerce, the national electricity company Landsvirkjun, Orkuveita Reykjavíkur (Reykjavík Energy), Hitaveita Suðurnesja, the Technological Institute of Iceland, The Fertilizer Plant (Áburðarverksmiðjan), the University of Iceland and Reykjavik Resources. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Landsvirkjun
Landsvirkjun, () the National Power Company of Iceland, is Iceland's largest electricity generator. Landsvirkjun operates 18 power plants in Iceland concentrated on five main areas of operation. History Landsvirkjun was founded on 1 July 1965 by the state of Iceland and the city of Reykjavík. The city of Reykjavík contributed to the company three power stations on the Sog River. Shortly after its founding construction on the Búrfell hydropower station began. From 1965 until 2005 the purpose of Landsvirkjun was to produce and distribute high voltage electricity. The municipality of Akureyri acquired a 5% share in Landsvirkjun in 1983 and became the third owner. Three hydropower stations on the Laxá River previously owned by the municipality of Akureyri were merged into Landsvirkjun. The hydropower stations Búrfell, Sigalda, Hrauneyjafoss, Blanda, Sultartangi, Vatnsfell, and Fljótsdalsstöð were all built by Landsvirkjun. The geothermal power station Krafla came under Lan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Companies Of Iceland
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass when ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hydrogen Economy
The hydrogen economy is using hydrogen to decarbonize economic sectors which are hard to electrify, essentially, the "hard-to-abate" sectors such as cement, steel, long-haul transport etc. In order to phase out fossil fuels and limit climate change, hydrogen can be created from water using renewable sources such as wind and solar, and its combustion only releases water vapor to the atmosphere. Hydrogen is an energetic fuel, frequently used as rocket fuel, but numerous technical challenges prevent the creation of a large-scale hydrogen economy. These include the difficulty of developing long-term storage, pipelines and engine equipment; a relative lack of off-the-shelf engine technology that can currently run safely on hydrogen; safety concerns regarding the high reactivity of hydrogen fuel with oxygen in ambient air; the expense of producing it by electrolysis; and a lack of efficient photochemical water splitting technology. Hydrogen can also react in a fuel cell, which effic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renewable Energy In Iceland
Iceland is a world leader in renewable energy. 100% of Iceland's electricity grid is produced from renewable resources. In terms of total energy supply, 85% of the total primary energy supply in Iceland is derived from domestically produced renewable energy sources. Geothermal energy provided about 65% of primary energy in 2016, the share of hydropower was 20%, and the share of fossil fuels (mainly oil products for the transport sector) was 15%. The Icelandic government aspires that the nation will be carbon neutral by 2040. The largest obstacles to this are road transport and the fishing industry. In 2015, the total electricity consumption in Iceland was 18,798 GWh. Renewable energy provided almost 100% of production, with 75% coming from hydropower and 24% from geothermal power. Only two islands, Grimsey and Flatey, are not connected to the national grid and so rely primarily on diesel generators for electricity. Most of the hydropower plants are owned by Landsvirkjun (the Nat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hydrogen Technology
Hydrogen technologies are technologies that relate to the production and use of hydrogen as a part hydrogen economy. Hydrogen technologies are applicable for many uses. Some hydrogen technologies are carbon neutral and could have a role in preventing climate change and a possible future hydrogen economy. Hydrogen is a chemical widely used in various applications including ammonia production, oil refining and energy. The most common methods for producing hydrogen on an industrial scale are: Steam reforming, oil reforming, coal gasification, water electrolysis. Hydrogen is not a primary energy source, because it is not naturally occurring as a fuel. It is, however, widely regarded as an ideal energy storage medium, due to the ease with which electricity can convert water into hydrogen and oxygen through electrolysis and can be converted back to electrical power using a fuel cell. There are a wide number of different types of fuel and electrolysis cells. The potential envir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North Atlantic Hydrogen Association
North is one of the four compass points or cardinal directions. It is the opposite of south and is perpendicular to east and west. ''North'' is a noun, adjective, or adverb indicating direction or geography. Etymology The word ''north'' is related to the Old High German ''nord'', both descending from the Proto-Indo-European unit *''ner-'', meaning "left; below" as north is to left when facing the rising sun. Similarly, the other cardinal directions are also related to the sun's position. The Latin word ''borealis'' comes from the Greek '' boreas'' "north wind, north", which, according to Ovid, was personified as the wind-god Boreas, the father of Calais and Zetes. ''Septentrionalis'' is from ''septentriones'', "the seven plow oxen", a name of ''Ursa Major''. The Greek ἀρκτικός (''arktikós'') is named for the same constellation, and is the source of the English word ''Arctic''. Other languages have other derivations. For example, in Lezgian, ''kefer'' can mean b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greenland
Greenland ( kl, Kalaallit Nunaat, ; da, Grønland, ) is an island country in North America that is part of the Kingdom of Denmark. It is located between the Arctic and Atlantic oceans, east of the Canadian Arctic Archipelago. Greenland is the world's largest island. It is one of three constituent countries that form the Kingdom of Denmark, along with Denmark and the Faroe Islands; the citizens of these countries are all citizens of Denmark and the European Union. Greenland's capital is Nuuk. Though a part of the continent of North America, Greenland has been politically and culturally associated with Europe (specifically Norway and Denmark, the colonial powers) for more than a millennium, beginning in 986.The Fate of Greenland's Vikings , by Dale Mackenzie Brown, ''Archaeological Institute of America'', ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SEV (company)
SEV is a power producer and distributor on the Faroe Islands. The company name is derived from the names of islands Streymoy, Eysturoy and Vágar, which established the company on 1 October 1946. All municipalities in Vágar, all in Eysturoy except for Sjóvar municipality and all municipalities in Streymoy except for Tórshavn, Kvívík and Kollafjørður met at the first establishing meeting. Later all municipalities in the Faroe Islands joined SEV. In 2015 60% of the produced electricity of SEV came from green energy sources, 17,8% came from the windmills in Neshagi and Húsahagi, 42,3% came was hydropower. History SEV was founded on 1 October 1946. The foundation meeting took place in Tórshavn and was attended by representatives from 19 municipalities from Streymoy, Eysturoy and Vágar. Gunnar Dahl Olsen who was sysselmann and mayor of Vestmanna was the first president of SEV. By 1963, all Faroe's municipalities had been join the company and transferred their own power ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Technological Institute Of Iceland
Technology is the application of knowledge to reach practical goals in a specifiable and reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in medicine, science, industry, communication, transportation, and daily life. Technologies include physical objects like utensils or machines and intangible tools such as software. Many technological advancements have led to societal changes. The earliest known technology is the stone tool, used in the prehistoric era, followed by fire use, which contributed to the growth of the human brain and the development of language in the Ice Age. The invention of the wheel in the Bronze Age enabled wider travel and the creation of more complex machines. Recent technological developments, including the printing press, the telephone, and the Internet have lowered communication barriers and ushered in the knowledge economy. While technology contributes to economic deve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Orkuveita Reykjavíkur
Orkuveita Reykjavíkur (English: Reykjavík Energy) is an Icelandic energy and Public utility, utility company that provides electricity, geothermal energy, geothermal hot water through district heating and cold water for consumption and fire fighting. It also operates a wholesale access fiber network and waste-treatment facilities. The company's service area extends to 20 communities in the south-west part of Iceland. Orkuveita Reykjavíkur is owned by the City of Reykjavík (93.5%) and the Municipalities of Akranes (5.5%) and Borgarbyggð (1%). History Orkuveita Reykjavíkur was established 1 January 1999, by uniting Rafmagnsveita Reykjavíkur and Hitaveita Reykjavíkur. Rafmagnsveita Reykjavíkur was established in the year 1921. Hitaveita Reykjavíkur became an independent company in 1946, having been in operation as a City entity since 1930. In the year 2000 Vatnsveita Reykjavíkur was united with Orkuveita Reykjavíkur, but the former started operation 16 June 1909. Orkuveit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Icelandic New Business Venture Fund
The Icelandic New Business Venture Fund (also known as the New Business Venture Fund or the NBVF for short) is an independent company owned by the Icelandic government. It began operations in 1998 after a 1997 reorganization of the banking sector of Iceland. The organization is supervised by the Ministry of Industry and Commerce. Its purposes are strengthening the economy of Iceland and increasing its internationalization. Some of the organization's activities included helping to start Icelandic New Energy and providing start-up capital to companies. It was founded with a budget of ISK 5 billion. However, the organization was not a major success and made few notable accomplishments. History The Icelandic New Business Venture Fund was founded in 1998 with an allocation of ISK 5 billion. It was formed as part of substantial alterations to the structure of the Icelandic financial market. These alterations included the merging four investment credit funds owned by the state into the f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
