Inspired by Iceland

Tag Archive | "electricity"

Electricity shock for Reykjavik residents


The debts of Reykjavik Energy went down by ISK 12 billion (USD 99.5 million) between the first and second quarters of this year due to the strengthening krona. Despite that, the company is to increase its prices to consumers by 28.5 percent. Read the full story

Posted in Business, Energy, General, Iceland, Lifestyle, MBL, SocietyComments (0)

Parents of leukaemia child want to sue Icelandic power company


The parents of an Icelandic child suffering from leukaemia are investigating their legal rights in preparation for a lawsuit against a power company which they blame for their five year-old daughter’s illness. Read the full story

Posted in Business, Energy, Environment, General, Iceland, MBL, TechnologyComments (2)

Biggest contract tenders since Icelandic banking crash


workLandsvirkjun, the national power company of Iceland, yesterday published advertisements for three construction projects at the Budarhalsvirkjun power station. Read the full story

Posted in Business, Energy, Environment, General, Iceland, MBLComments (1)

Icelandic energy pays price for aluminium profits


kronur1Nordural (Century Aluminium) pays a quarter less for its electricity in Iceland than the global average. This was revealed in a confidential leaked document to RUV. Read the full story

Posted in Business, Energy, Environment, General, Iceland, International, MBL, PoliticsComments (9)

Renewed popularity for nuclear power


nuclearYears of stout opposition towards nuclear energy is fading, as global warming causes increased acceptance. Read the full story

Posted in Denmark, Energy, Environment, International, MBL, Politics, SocietyComments (3)

European Investment Bank injects megabucks in Icelandic megawatts


EIBIt was announced yesterday evening that Reykjavik Energy has signed a loan deal with the European Investment Bank for around ISK 30 billion (EUR 170 million). Read the full story

Posted in Business, Environment, European Union, Iceland, International, MBL, PoliticsComments (2)

Sweden contemplates new nuclear power plants


nuclearThe state-owned power company Vattenfall has unveiled plans that may lead to at least one new Swedish nuclear power station, according to a press statement by the firm. Read the full story

Posted in Energy, Environment, MBL, Politics, Sweden, TechnologyComments (7)

Icelandic farmers suffering high energy costs


islenskt-grænmetiMarket gardeners in Iceland distributed vegetables outside parliament yesterday as part of their protest at the high cost of electricity. The protest was timed to coincide with a parliamentary debate about greenhouse farmers and the increasing cost of electricity. Read the full story

Posted in Business, Energy, Iceland, MBL, PoliticsComments (4)

Finland in dispute over sale of surplus nuclear power


nuclearThe Finnish finance minister Jyrki Katainen said last week that he would be happy to export surplus nuclear generated electricity. Read the full story

Posted in Business, Energy, Environment, Finland, MBL, PoliticsComments (1)

Canadian company gets Iceland energy buy-out green light


hsorkaA sizeable minority within the cabinet of the Reykjavik city council intends to request that the details of Reykjavik Energy’s dealings with Canada’s Magma Energy over the sale of its stake in HS Orka be made public. Read the full story

Posted in Canada, Energy, Iceland, MBL, PoliticsComments (5)

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Weather in Reykjavik, Iceland

Thursday, Sep 2
Light Rain
Currently: 15˚C
Feels Like: 15˚ C
Hi: N/A˚, Lo: 12˚
Wind: 26, Gust: N/A MPH
Wind Direction: ESE (110)
Light Rain

Friday, Sep 3
Hi: 14˚, Lo: 13˚
Wind: 34, Gust: N/A MPH
Wind Direction: SE (127)
Showers / Wind

Saturday, Sep 4
Hi: 15˚, Lo: 12˚
Wind: 34, Gust: N/A MPH
Wind Direction: ESE (108)
Showers / Wind

weather feed courtesy of weather.com - thanks!