Reykjavik Energy (Orkuveita Reykjavikur) is the world’s leading authority in the utilization of geothermal energy. We have consolidated our leadership over the past 60 years by supplying a large portion of the Icelandic population with geothermal water for domestic heating and by gradually developing new steam fields for power production.
Reykjavik Energy Invest hf (REI) is Reykjavik Energy’s international business development and investment arm. We bring Reykjavik Energy’s expertise to our partners and investments by focusing on creating partnerships to develop geothermal areas. REI invests in geothermal exploitation rights as well as site development, construction and operation of geothermal fields, and seeks to acquire geothermal plants currently in operation.
The topic of energy is hardly brought up today without being associated with environmental issues. Comparison of projected increases in global energy use and environmental goals portrays an immense gap. This gap provides the geothermal energy opportunity.
Energy from geothermal sources today amounts to less than 0.1% of the global world use. The mission of Reykjavik Energy Invest ehf. is to capture Reykjavik Energy’s proven geothermal experience to increase the use of geothermal energy globally.