Icelandic research programmes
The Environmental and Energy Research fund in Iceland may provide grants for university project initiatives or grants for special proposals initiated by Reykjavík Energy in collaboration with the directors of the fund. In addition, the National Energy Fund provides grants.
Environmental and Energy Research Fund
Orkuveita Reykjavíkur-Reykjavík Energy and all universities in Iceland’s capital area have established an autonomous research fund that is intended to become a venue for collaboration in energy and environmental research. The initial capital contribution is ISK 100,000,000, and the goal is that Orkuveita Reykjavíkur-Reykjavík Energy will annually contribute approximately 5 percent of its revenues towards the Fund.
The Environmental and Energy Research Fund is owned by Orkuveita Reykjavíkur-Reykjavík Energy, which - along with all seven universities located in the Company’s service area - bears professional responsibility for the Fund.
The universities are:
Háskóli Íslands (University of Iceland)
Háskólinn í Reykjavík (Reykjavík University)
Listaháskóli Íslands (Iceland Academy of the Arts)
Landbúnaðarháskóli Íslands (The Agricultural University of Iceland)
Háskólinn á Bifröst (Bifröst School of Business)
Jarðhitaskóli Háskóla Sameinuðu þjóðanna (The United Nations University Geothermal Training Programme).
National Energy Fund
For a number of years, the Icelandic state has used the National Energy Fund to support growth in the use of domestic energy resources. At first the Fund focused on the electrification of the country, especially its scattered inhabited areas. In later years emphasis has primarily been on basic research for this same purpose, as well as geothermal heat exploration and the offering of grants for various projects that support the Fund’s basic mission.
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