Valdimar Össurarson runs a company called Valorka, which has designed a marine electric turbine by the same name. The generator won first prize at the International Inventors’ Awards 2011. The company hopes its turbine will create a steady and reliable supply of electricity. Read the full story

Thousands in several areas across Finland still have no electricity following heavy storms that battered the country last week, bringing down trees and power lines in the days leading up to the New Year. Read the full story

An Icelandic company is set to build a new hydroelectric power station in Georgia. Read the full story

A top Swedish official has branded Germany’s announcement that it will be decommissioning its nuclear power stations by 2022 as “unrealistic.” Read the full story

Reykjavik Energy’s future was secured yesterday; but the embattled company’s future depends largely on a taxpayer-funded loan, big cutbacks and price rises. Read the full story

A far-reaching finance plan for embattled Reykjavik Energy will be presented at the company’s board meeting today. Read the full story

Radiation fears at Japan’s stricken Fukushima nuclear plant this week have sparked fresh debate about the dangers posed to Norway by Russia’s aging power industry. Read the full story

Denmark’s flat landscape will no longer prevent people from enjoying downhill skiing after plans were revealed to turn a power plant into an artificial slope. Read the full story

Westfjords Power Company ltd. will see generating capacity at its biggest hydro plant increase by a third when current work is completed and it foresees larger increases to come…and all financed from its own piggy bank. Read the full story

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