Orkuveitan (Reykjavík Energy) provides electricity, geothermal water, cold water, carbon storage and a state-of-the-art fibre optic network through four subsidiaries: Veitur, ON Power, Carbfix and Reykjavik Fibre Network. Veitur is a multi-utility company and Iceland's largest. Its services extend to 20 communities, covering 67% of the Icelandic population. ON Power is a leading energy company in Iceland that owns and operates the largest geothermal power plant in the world. ON Power supplies homes, businesses and industrial clients with 100% pure, green and renewable energy at highly competitive prices. Carbfix provides a natural and permanent storage solution by turning CO₂ into stone underground. The company’s mission is to be a key instrument to tackle the climate crisis and substantially reduce global CO₂ emissions. Reykjavik Fibre Network is a communications firm that installs and operates a state-of-the-art fibre optic network connecting homes and businesses in its expanding service area. Every home in Iceland's capital, Reykjavik, is connected to the fibre.
| Website | http://www.orkuveitan.is |
| Revenue | $26.9 million |
| Employees | 204 (134 on RocketReach) |
| Founded | 1909 |
| Phone | +354 516 6100 |
| Industry | Services for Renewable Energy |
| Keywords | Geothermal Energy, Electricity Generation, Renewable Energy, Sustainable Energy, Clean Energy Solutions, Carbon Capture, Water Utilities, Utility Services, Geothermal Resources, Energy Storage, Energy Infrastructure, Power Distribution, Environmental Sustainability, Resource Management, Infrastructure Development, Fiber Optic Network, Energy Efficiency, Network Infrastructure |
| Competitors | Geysir Car Rental, Verkis, Orkuveita Reykjavíkur, Veitur ohf, Kaldalón, Hreyfill (view competitors) |
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The Orkuveitan annual revenue was $26.9 million in 2026.
Bjarni Bjarnason is the CEO of Orkuveitan.
134 people are employed at Orkuveitan.