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HEF utilities take over an electric heating system in Seyðisfjörður and search for geothermal energy in the fjord

Summary by RÚV

The CEO of HEF utilities paid the CEO of RARIK one króna on Friday and in return received the entire district heating utility in Seyðisfjörður and in return about 200 million króna towards the cost of upgrading the utility. RARIK has for many years wanted to close the district heating utility in Seyðisfjörður, which had become inefficient. Unreliable energy was not available and one year RARIK bought oil for the utility for almost a hundred mill…

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HEF utilities take over an electric heating system in Seyðisfjörður and search for geothermal energy in the fjord

The CEO of HEF utilities paid the CEO of RARIK one króna on Friday and in return received the entire district heating utility in Seyðisfjörður and in return about 200 million króna towards the cost of upgrading the utility. RARIK has for many years wanted to close the district heating utility in Seyðisfjörður, which had become inefficient. Unreliable energy was not available and one year RARIK bought oil for the utility for almost a hundred mill…

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RÚV broke the news in 9 days ago on Sunday, February 23, 2025.

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