Hitaveita Suðurnesja (Icelandic pronunciation: [ˈhɪːtaˌveiːta ˈsʏːðʏrˌnɛːsja]) was an Icelandic energy company. The largest shareholder was Reykjanesbær. The company was founded as a geothermal energy firm in the southwest of Iceland in 1974. It built a power plant at Svartsengi to tap the geothermal energy in the area,[1] and was completed in 1976. It was reportedly the first power plant in the world of its kind.[2] It produced and distributed heating and electricity for the entire Sudurnes region.[3]

In May 2008, Parliament passed Act no. 58/2008, amending some laws on natural resources and energy. As a result, Hitaveita Suðurnesja was divided into two independent companies, HS Utilities Ltd., distributing electricity, and HS Orka, heating and freshwater, which came into effect on 1 July 2008.[4]

References

  1. ↑ Science, Technology and Innovation Policies: Iceland. Organisation for Economic Co-operation and Development. 1993. p. 147. ISBN 978-92-64-13947-3.
  2. ↑ Nordic-Baltic-U.S. Almanac. Nordic-Baltic-U.S. Almanac, Inc. 2006. p. 309.
  3. ↑ The Europa World Year Book: 2007. Europa Publications, Routledge. 6 September 2007. p. 2178. ISBN 978-1-85743-413-2.
  4. ↑ "Hitaveita Suðurnesja hf. 30. júní 2008 Hitaveita Suðurnesja hf.Samandreginn árshlutareikningur" (PDF) (in Icelandic). Hsorka.is. Archived from the original (PDF) on 22 May 2015. Retrieved 22 May 2014.
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