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]
External links
References
- RARIK ohf. Ársreikningur RARIK fyrir árið 2016 23 February 2017, retrieved 11 April 2017^
- Rarik Ohf.: Private Company Information - Bloomberg Bloomberg News, retrieved 11 April 2017^
- Andri Viðar Kristmannsson 1996-. Harmonic/Transient analysis of the RARIK distribution network May 2023^
- RARIK Nordic Investment Bank, retrieved 26 May 2015^
- Meginmarkmið RARIK í forgrunni nýrrar ársskýrslu Rarik, retrieved 2025-04-27^
- Eitt ár frá einu versta áhlaupi á raforkukerfi RARIK Rarik, retrieved 2025-04-27^