Skip to content
Thursday, 29 October 2026 Icelandic stories. Global audience.
Business & Politics

Call for transparency over new board at Iceland’s National Power Company

Haukur Arnþórsson criticised a perceived trend of secrecy in Icelandic public life, urging Landsvirkjun’s new board to outline planned changes. His comments follow an interview with outgoing CEO Hörður Arnarson.

Interior of a turbine hall showing generator housings in a long white room (Landsvirkjun)
Image: Búrfellsvirkjun_Haupthalle_100.jpg : Richard Bartz derivative work: Martin Kraft / Wikimedia Commons (CC BY-SA 3.0) · licence, original (resized) Illustrative image.

Haukur Arnþórsson has urged the new board of Landsvirkjun, the National Power Company of Iceland, to clarify what changes it will pursue, saying the public has a right to know what is ahead for the key state-owned electricity provider. His comments were reported by DV.

Speaking in response to recent developments, Haukur said that secrecy has become a defining characteristic of public life in Iceland. He argued this approach is damaging, particularly when it comes to significant institutions such as Landsvirkjun.

Haukur referenced remarks by Hörður Arnarson, the outgoing CEO of Landsvirkjun, made in a Thursday interview on Kastljós, a TV current affairs programme. Haukur described the overall situation as “completely inappropriate and undemocratic.”

About Landsvirkjun

Landsvirkjun, the National Power Company of Iceland, is the country’s largest electricity generator. Founded in 1965 by the state and the city of Reykjavík, it operates 21 power stations across Iceland, including 15 hydropower plants, three geothermal stations and two wind farms.

Sources

Image: Búrfellsvirkjun_Haupthalle_100.jpg : Richard Bartz derivative work: Martin Kraft / Wikimedia Commons (CC BY-SA 3.0) · licence, original (resized) Illustrative image.