About Us

The Iceland Renewable Energy Cluster

The Iceland Renewable Energy Cluster serves as a collaborative platform for companies and institutions involved in the Icelandic energy sector, covering the entire value chain. Its primary objective is to enhance the competitiveness of its members and the overall society while showcasing the capabilities of its members.

Formally established on February 15, 2013, the cluster organization initially operated as Iceland Geothermal, primarily focusing on geothermal energy. In 2018, it expanded its scope to encompass all energy sources in Iceland, including geothermal, hydropower, wind power, and X-Power.

The cluster's membership comprises organizations spanning the entire energy value chain, from exploration to utilization. This includes power producers, developers, research institutions, various service providers (such as consulting, manufacturing, maintenance, and services), academia, and public entities. By representing all stakeholders in the energy sector, the cluster serves as a collective voice for the industry.

Emphasizing collaboration, knowledge sharing, and development, the organization conducts various activities to foster innovation within the field. These initiatives aim to strengthen both local and global competitiveness and drive value creation in the renewable energy sector.

Our Mission is to

  • Be a visible and common advocate for the Icelandic energy sector domestically and abroad.
  • INCREASED INNOVATION, ESTABLISHMENT OF STARTUPS, RESEARCH, AND DEVELOPMENT
  • Communicate the image that the members of the co-operation support at any given time.
  • STRENGTHEN THE IMAGE OF ICELAND AS A COUNTRY OF RENEWABLE ENERGY
  • INCREASED cretion of shared VALUE, KNOWLEDGE, AND SKILLS OF MEMBERS
  • Lead large-scale projects with the government
  • CONTRIBUTE TO THE DEVELOPMENT AND EXPORT OF SPECIALIZED PRODUCTS AND SERVICES AND INTELLECTUAL PROPERTY PROTECTION
  • WORK WITH THE GOVERNMENT ON TRANSFORMATIONS RELATED TO THE NATION'S CLIMATE COMMITMENTS.
  • ENHANCE THE NETWORK AND INFORMATION FLOW BETWEEN THE ENERGY SECTOR, GOVERNMENT AUTHORITIES, AND SOCIETY.