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Iceland’s increasing demand for electricity is being driven by data centers, which now face shortages. An executive at Landsvirkjun says the sector's expansion is creating new challenges for the national grid.
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.
Iceland's biggest electricity producer will continue supplying 127 MW to Elkem’s Grundartangi operation under the extended contract. The deal, reported by Viðskiptablaðið, includes changes to pricing from 2029.
