Iceland Energy

Central 

The Ministry of Industries and Innovation has been in place since 2012 (previously the Ministry of Industry, Energy and Tourism) is responsible for:

  • General energy matters;
  • Utilization of energy;
  • Heating;
  • Electricity;
  • Promotion of the utilisation of renewable energy sources;
  • Establish conditions for trading in guarantees of origin;
  • Promotion of an economic electricity system thereby strengthening the industries and regional development in Iceland;
  • Ensuring a competitive environment;
  • Security of electricity supply and consumer protection;
  • Effectiveness and efficiency in the transmission and distribution of electricity.

The Role of the Department of Energy and Industry is to create an efficient and cost-effective energy framework at household and industry level.

Responsible ministries/bodies

The Ministry of Industries and Innovation

The Department of Industry and Energy

The National Energy Authority


Local

Municipal authorities are responsible for:

  • Most Icelandic homes are heated with geothermal energy, provided by local geothermal energy companies, which often provide other utilities as well, such as water and sewage treatment and in some cases electricity.


Sources:

The Ministry of Industries and Innovation

The Department of Industry and Energy

The National Energy Authority

Electricity Act of 2003

Local governments in Iceland booklet

Compare with:

Decentralization Index

​​An interactive tool with perspective on different dimensions of decentralisation (political, administrative and fiscal) across the 27 EU Member States

Go to the Decentralization Index