RARIK

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RARIK
Company type
Public
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Headquarters,
Key people
Ingunn Agnes Kro, chairman
Magnús Þór Ásmundsson, CEO
ProductsElectricity distribution
Electricity production
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OwnerGovernment of Iceland
Number of employees
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SubsidiariesOrkusalan
Websitewww.rarik.is

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RARIK is an energy company in Iceland.[1] It began operations on January 1, 1947.[2] It currently operates electricity distribution networks in rural Iceland, with its subsidiary Orkusalan selling wholesale electricity production from its handful of small hydroelectric plants. It is a state-owned enterprise. It also operates a number of geothermal district heating networks in rural Iceland.[3]

In the early years RARIK built several power plants and in 1954 enacted a 10-year electrification plan to provide remote rural areas with electricity.[4] RARIK built, among others, the Lagarfoss and Mjólká power stations, both of which began operating in 1975. As of 2024, 77% of their network is underground, due to Iceland's harsh weather conditions and aims to be 100% underground by 2035.[5][6]

References

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  1. ^ Page Module:Citation/CS1/styles.css has no content.ohf., RARIK (23 February 2017). "Ársreikningur RARIK fyrir árið 2016". Retrieved 11 April 2017.
  2. ^ Page Module:Citation/CS1/styles.css has no content."Rarik Ohf.: Private Company Information - Bloomberg". Bloomberg News. Retrieved 11 April 2017.
  3. ^ Page Module:Citation/CS1/styles.css has no content.Kristmannsson 1996-, Andri Viðar (May 2023). Harmonic/Transient analysis of the RARIK distribution network (Thesis thesis).{{cite thesis}}: CS1 maint: numeric names: authors list (link)
  4. ^ Page Module:Citation/CS1/styles.css has no content."RARIK". Nordic Investment Bank. Retrieved 26 May 2015.
  5. ^ Page Module:Citation/CS1/styles.css has no content."Meginmarkmið RARIK í forgrunni nýrrar ársskýrslu". Rarik (in íslenska). Retrieved 2025-04-27.
  6. ^ Page Module:Citation/CS1/styles.css has no content."Eitt ár frá einu versta áhlaupi á raforkukerfi RARIK". Rarik (in íslenska). Retrieved 2025-04-27.

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