# Icelandic New Energy

> Mediated Wiki article. Canonical URL: https://mediated.wiki/source/Icelandic_New_Energy
> Markdown URL: https://mediated.wiki/source/Icelandic_New_Energy.md
> Source: https://en.wikipedia.org/wiki/Icelandic_New_Energy
> Source revision: 1303447592
> License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/)

Company

Icelandic New Energy Íslensk NýOrka Type private Industry energy Key people Jón Björn Skúlason (General Manage) Anna Margret Korneliusdottir (Senior Project Manager) Services RD&D projects in low and zero-emission alternative fuels for transport Owner Vistorka, Daimler, Norsk Hydro, Shell Hydrogen

**Icelandic New Energy Ltd** (*Íslensk NýOrka ehf*) is a company founded in 1999 following a decision in 1998 by the [Icelandic Parliament](/source/Al%C3%BEing) to convert vehicles and fishing fleets to hydrogen produced from [renewable energy](/source/Renewable_energy)[1] by 2050.

Icelandic New Energy was formed as a spin-off from the research by the [University of Iceland](/source/University_of_Iceland) and was initially 51% owned by [Vistorka](https://en.wikipedia.org/w/index.php?title=Vistorka&action=edit&redlink=1), with the remainder owned by [Daimler](/source/Daimler_AG), [Norsk Hydro](/source/Norsk_Hydro) and [Shell Hydrogen](/source/Shell_Hydrogen).[2] VistOrka was owned by [The Icelandic New Business Venture Fund](/source/The_Icelandic_New_Business_Venture_Fund) (Nýsköpunarsjóður), the Ministry of Industry and Commerce, the national power company [Landsvirkjun](/source/Landsvirkjun), [Orkuveita Reykjavíkur](/source/Orkuveita_Reykjav%C3%ADkur) (Reykjavík Energy), Hitaveita Suðurnesja, the [Technological Institute of Iceland](https://en.wikipedia.org/w/index.php?title=Technological_Institute_of_Iceland&action=edit&redlink=1), The Fertilizer Plant (Áburðarverksmiðjan), the [University of Iceland](/source/University_of_Iceland) and Reykjavik Resources.[3]

As of 2024, shareholders include [Landsvirkjun](/source/Landsvirkjun), [Reykjavík Energy](/source/Reykjav%C3%ADk_Energy), [HS Orka](/source/HS_Orka), and the [Government of Iceland](/source/Government_of_Iceland).

Together with [SEV](/source/SEV_(company)), and the authorities in the Faroe Islands and [Greenland](/source/Greenland), Icelandic New Energy established the [North Atlantic Hydrogen Association](https://en.wikipedia.org/w/index.php?title=North_Atlantic_Hydrogen_Association&action=edit&redlink=1) (NAHA) to investigate [hydrogen technology](/source/Hydrogen_technology).[4] NAHA has been largely inactive since 2020.

In its early years, INE promoted the use of [hydrogen fuel](/source/Hydrogen_fuel) in [Iceland](/source/Iceland) but broadened its scope in 2008 to include other alternative, low- and zero-emission fuels for transport.

Along with partners [Hydrogen Denmark](https://brintbranchen.dk/en/) [Hydrogen Sweden](https://vatgas.se/en/) [Norwegian Hydrogen Forum](https://www.hydrogen.no/en) and [VTT Finland](https://www.vttresearch.com/fi), INE was also a founding member of the Nordic Hydrogen Partnership (formerly the Scandinavian Hydrogen Highway Partnership (SHHP)) through which it collaborates on a regular basis.

Since its foundation, Icelandic New Energy has managed numerous local, Nordic and EU demonstration projects. INE also engages in energy transition consultancy, educational seminars, and other activities.

## See also

- [Renewable energy in Iceland](/source/Renewable_energy_in_Iceland)

- [Hydrogen economy](/source/Hydrogen_economy)

## External links

- [Icelandic New Energy](https://newenergy.is/?lang=en)

## References

1. **[^](#cite_ref-1)** [Powering The Plains](http://www.state.sd.us/puc/pressreleases/pr2003/1010.htm) [Archived](https://web.archive.org/web/20070811073838/http://www.state.sd.us/puc/pressreleases/pr2003/1010.htm) 2007-08-11 at the [Wayback Machine](/source/Wayback_Machine), South Dakota Public Utilities Commission, published 2003, accessed 2007-05-14

1. **[^](#cite_ref-2)** [Icelandic New Energy: Owners](http://www.ectos.is/en/icelandic%5Fnew%5Fenergy/owners/) [Archived](https://web.archive.org/web/20070927091433/http://www.ectos.is/en/icelandic_new_energy/owners/) 2007-09-27 at the [Wayback Machine](/source/Wayback_Machine), accessed 2007-05-14

1. **[^](#cite_ref-3)** [Icelandic New Energy: VistOrka](http://newenergy.is/en/aboutine/vistorka/) [Archived](https://web.archive.org/web/20150505003728/http://newenergy.is/en/aboutine/vistorka/) 2015-05-05 at the [Wayback Machine](/source/Wayback_Machine) accessed 2015-05-03

1. **[^](#cite_ref-history_4-0)** ["SEV's History"](https://web.archive.org/web/20120210160504/http://www.sev.fo/Default.aspx?ID=550). SEV. Archived from [the original](http://www.sev.fo/Default.aspx?ID=550) on 2012-02-10. Retrieved 2008-02-13.

This article about an Icelandic corporation or company is a stub. You can help Wikipedia by adding missing information.

- [v](https://en.wikipedia.org/wiki/Template:Iceland-company-stub)
- [t](/source/Template_talk%3AIceland-company-stub)
- [e](https://en.wikipedia.org/wiki/Special:EditPage/Template:Iceland-company-stub)

---
Adapted from the Wikipedia article [Icelandic New Energy](https://en.wikipedia.org/wiki/Icelandic_New_Energy) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Icelandic_New_Energy?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.