What We Do

Built on decades of experience in geothermal energy development in Iceland and around the world, the Reykjavík Geothermal team’s expertise spans the full value chain from the concept stage to utility-scale operations. 

Project Creation

  • Opportunity identification
  • Business Development
  • Partnering with governments and offtakers 

Surface exploration

  • Geoscientific surface exploration
  • Reservoir modelling
  • Well location and target identification 

Contracts & licensing

  • Power Purchase Agreement negotiations 
  • Environmental, social and governance work 
  • License acquisition 

Drilling & FC

  • Early drilling 
  • EPC and drilling contracting 
  • Financial close for debt financing 

Construction

  • Plant and infrastructure design 
  • Power plant construction 
  • Production drilling 

Operations & Management

  • Power plant commissioning 
  • Management of operations 
  • Monitoring and maintenance 

Global Expertise in Renewable Energy Solutions

Since 2008, Reykjavík Geothermal has been a key player in geothermal power development, contributing to some of the world’s most ambitious renewable energy projects. Our project portfolio and advisory experience demonstrates a unique ability to adapt to diverse geological, regulatory, and environmental challenges. 

Project development

We specialise in delivering clean, reliable, and renewable power by tapping into one of Earth’s most abundant resources—its heat. We invest in transitioning geothermal projects from concept to reality, from exploration to power plant construction and operation.

CONSULTANCY

Our consultancy services guide energy companies, governments, and investors through the complexities of geothermal energy exploration, development, and operation. We are project developers at heart and always focus on the end goal of getting geothermal energy production online – not merely writing reports. 

Collaborating for Local and Global Impact

We don’t just build power plants—we build partnerships. By working closely with governments, energy companies, and local communities, we ensure that our projects deliver both economic and environmental benefits.

Community-Focused Benefits

  • Energy Security: Reliable, renewable power that reduces dependency on fossil fuels.
  • Economic Growth: Job creation and infrastructure development in project regions.
  • Environmental Stewardship: Sustainable practices that align with global climate goals.
  • Industrial Benefits Stewardship: Geothermal energy’s additional resources are a contributor in creating, enhancing and sustaining local industries

Through collaboration and long-term partnerships, Reykjavík Geothermal is transforming how the world views and utilises geothermal power projects.

Ready to Partner in Renewable Energy?

Discover how Reykjavík Geothermal is shaping the future of geothermal energy. Together, we can power a cleaner, more sustainable world.

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