‘Kárahnjúkar Hydropower Project – Estimate of Profitability’ by Thorsteinn Siglaugsson, MBA
Prepared for the Iceland Nature Conservation Association
Thorsteinn Siglaugsson MBA
Reykjavik 2002
Extract
Introduction
Landsvirkjun, the state-owned electric power company in Iceland has for some time been planning a large hydropower plant in the area north of Vatnajokull, Europe´s largest glacier in the east of Iceland. The facility would be built to produce electricity for a 390,000 ton aluminium smelter in Reydarfjördur on the east coast of Iceland. Read More