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Magma’s Purchase of H.S. Orka Approved – Three Arrested in the City Hall

Read the beginning of this story by clicking here -  Yesterday, the Reykjavík City Council approved Reykjavík Energy’s (O.R.) contract about the company’s selling of their share in H.S. Orka. The...

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Blame Canada? – Geothermal Energy, Swedish Shelf Companies and the...

From The Reykjavík Grapevine, by Catharine Fulton – One by one men in suits of varying shades of grey approached the podium in the pit of the Reykjavík City Hall. One by one they pleaded their cases...

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Development of Iceland’s Geothermal Energy Potential for Aluminium Production...

By Jaap Krater and Miriam Rose In: Abrahamsky, K. (ed.) (2010) Sparking a World-wide Energy Revolution: Social Struggles in the Transition to a Post-Petrol World. AK Press, Edinburgh. p. 319-333...

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Orkuveita Reykjavíkur Losing on Sale to Magma

Orkuveita Reykjavíkur (Reykjavík Energy Company) has lowered the value of a deed issued when Magma Energy bought the companies stocks in H.S. Orka (geothermal energy company). In a statement from OR it...

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Magma Energy Takes Over HS Orka

The third largest power company in Iceland, HS Orka (Southern Peninsula Power Company) is in the process of being sold to the Canadian company Magma Energy. Magma already owns 46% of the stocks in HS...

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Foreign Energy Concern Set to Buy Nearly All of Icelandic Energy Company

This item, written by Paul Nikolov, originally appeared on grapevine.is, a news site which has been following this case from last summer. The Canadian energy company Magma Energy will soon own 98% of...

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Magma Energy Lied to Us

This article, written by Catharine Fulton was originally published on grapevine.is Let’s cut to the chase. The opacity of Icelandic business and politics has done the country, as a whole, no favours....

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Saving Iceland Mobilisation Call-Out

Join our resistance against the industrialization of Europe’s last remaining great wilderness and take direct action against heavy industry! The Struggle So Far The campaign to defend Europe’s...

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Petition for a Referendum on Energy Resources

A petition has been launched, aimed at getting the authorities to thwart the sale of HS Orka (eothermal energy company) to Magma. To sign the petition you have to have an Icelandic I.D. number, and...

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The Energy Export and the Privatisation of HS Orka

It has hardly escaped the attention of anyone living in Iceland of late, that the Canadian geothermal company, Magma Energy, recently bought Geysir Green Energy´s (another geothermal energy company)...

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Does Man Own Earth?

On Magma, Björk, the separation of philosophy and reality, xenophobia, green industry, false solutions, borders, Earth conservation and liberation. By Snorri Páll Jónsson Úlfhildarson and originally...

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The Dark Side of Green Power: A Modern Icelandic Saga

In the land of trolls, hidden fairies and enchanted volcanoes, a modern, more sinister power is looming: aluminum smelting and electricity companies Ella Rubeli reports Iceland is a country in...

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Century Aluminum Energy Questions

Century Aluminum (Nordural) intends to build an aluminium smelter at Helguvík for producing 250.000 tpy, using 435 MW of electricity. At one point the intended size grew to 600.000 tpy and 625 MW of...

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National Energy Authority Fears Overexploitation of Geothermal Areas in...

H.S. Orka, an Icelandic energy company recently bought by Canadian firm Magma Energy, has to widen its planned drilling area for the planned enlargement of Reykjanes geothermal power plant and proof...

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The Icelandic Geothermal Cluster: Banks, Universities, Ministries, Energy...

Dozens of Icelandic companies and institutions, all directly connected to the heavy industrialization of Iceland, have established a co-operating forum concerning the development of the so-called...

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Iceland’s Energy Master Plan Allows for Three More Kárahnjúkar Dams –...

The equivalent of three Kárahnjúkar dams will be built in Iceland in the near future if the parliament will pass a proposition for a parliamentary resolution on Iceland’s Energy Master Plan, which the...

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It Ain’t Easy Being Green

Words by Paul Fontaine. Photo by Alísa Kalyanova. Originally published in The Reykjavík Grapevine. One of Iceland’s proudest assets is its energy grid. Geothermal energy, by 2010 figures, accounts for...

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Aluminium Smelter in Helguvík: Mere Myth of the Past?

Plans to operate a 250-360 thousand ton aluminium smelter in Helguvík, which has in fact been under construction since 2008, seem ever more likely to be nothing but an inoperable myth of the past,...

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The Geothermal Ecocide of Reykjanes Peninsula

After thirteen years of environmental, economic and technical evaluations, followed by a proposition for a parliamentary solution and a three month long public comments process, wherein 225 reviews...

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The Unmasking of the Geothermal Green Myth Continues, and Other News

Recent studies show links between asthma and sulphur pollution from geothermal power plants. Reykjavík Energy denies their connection with newly discovered effluent water lagoons in Hellsheiði. The...

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