Landsvirkjun intends to become a carbon neutral company and one of Landsvirkjun’s key objectives is the reduction of greenhouse gas emissions (GHG). Part of this objective can be achieved by reducing fossil fuel consumption.

Fossil fuel consumption

Fossil fuels are a non-renewable resource and the burning of fuels causes the release of various gases, including GHGs, such as carbon dioxide (CO₂), methane (CH₄) and nitrous oxide (N₂O). Carbon monoxide (CO) and suspended particulate matter are also released and are detrimental to the environment. Landsvirkjun uses fossil fuels to operate vehicles, machinery and equipment.

The amount of purchased fuel and fuel consumption in vehicles hired by Landsvirkjun employees is registered in Landsvirkjun’s green accounts. However, it should be noted that the diesel consumption of contractors, as a result of construction work, is not registered in these accounts. More information on diesel consumption by contractors at Búðarháls can be found in the numerical data section.

Diesel oil is the most common source of fuel for Landsvirkjun whereas petrol is used less. Diesel consumption increased in the proportional division of the consumption of fossil fuels by Landsvirkjun in 2013 and accounted for 96% of consumption compared with 90% in previous years. The number of petrol run vehicles has decreased and petrol consumption has therefore decreased by 4% this year. Approximately 270 kg of methane was used to supply vehicles at Landsvirkjun’s Headquarters in Reykjavík.