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Landsnet

Landsnet (Icelandic pronunciation: [ˈlan(t)sˌnɛːt], lit.'National Grid') is a transmission system operator of the Icelandic high-voltage power grid. It is a public company owned by the Icelandic government (93.22%) and Orkuveita Reykjavíkur (6.78%). It is a member of the European Network of Transmission System Operators for Electricity.

Landsnet was established in 2005 by splitting the splitting the high-voltage transmission network from Landsvirkjun and RARIK. The Icelandic government acquired shares previously held by Landsvirkjun, RARIK and Orkubú Vestfjarða in December 2022.

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