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Country energy profile · Northern Europe · latest data 2024

Iceland energy mix & electricity

Power plants in Iceland produced 19.1 TWh of electricity in 2024. More than half of it, 70.7%, came from hydropower; geothermal and other renewables was a distant second with 29.2%.

Hydro 70.7%Other renewables 29.2%
Renewable electricity
100%
100% low-carbon incl. nuclear
#1 of 158
Carbon intensity
28g/kWh
World 458 g
#8 of 158 cleanest
Electricity per person
48,424kWh
World 3,860 kWh
#1 of 158
Generation
19.1TWh
+1.3 TWh vs 2014
#88 of 213
Net exports
0TWh
0% of demand

Electricity generation by source in 2024

Share of electricity generation by source, with the change in percentage points over the last ten years.

Iceland electricity mix 2024
SourceTWhShare10-yr Δ pp
Hydro13.4670.7%+0.2
Other renewables5.5729.2%−0.2
Wind0.010.1%0
Solar0.010.1%+0.1
Total19.05100%

Iceland: electricity in context

Power plants in Iceland produced 19.1 TWh of electricity in 2024. That is similar to Cuba. More than half of it, 70.7%, came from hydropower; geothermal and other renewables was a distant second with 29.2%.

The renewable share stood at 100%, placing Iceland 1st of 158 ranked countries (among the very top). This puts it 66 points above the world average of 33.8%. It is also above the average for Europe (41.6%). The carbon intensity of electricity is 28 g CO₂e/kWh; the global average is 458 g/kWh. Few grids anywhere are this clean. On carbon intensity, Iceland ranks 8th of 158 from the cleanest.

Over the past decade hydropower added more generation than any other source (+910 GWh since 2014, plus 0.2 percentage points of share). Overall, the renewable share has barely moved over ten years (a change of under one percentage point).

Coal has never been part of the power mix in Iceland in any meaningful way.

Wind and solar remain marginal in Iceland, together supplying under 1% of electricity.

Iceland generates 48,424 kWh of electricity per resident each year, 12.5 times the global average. Iceland does not trade electricity with other countries: the grid is not interconnected with any neighbour.

How the power mix has changed

Electricity generation by source since 1985. Switch to shares to see the structural shift independent of demand growth.

Electricity generation by source, 1985–2024

Renewables and carbon intensity

Iceland against the world and Europe averages.

Renewable share of electricity (%)
Carbon intensity (g CO₂e/kWh)
Solar and wind share of electricity since 2000 (%)

Total energy: beyond electricity

Primary energy covers transport, heating and industry too. Renewables supply 80.5% of primary energy and fossil fuels 19.5% (2024). Per person, that is 159,680 kWh a year (world: 21,654).

Primary energy consumption by source (TWh)

Substitution method: non-fossil electricity is converted to the primary energy a fossil plant would have needed.

Power plants in Iceland

The WRI Global Power Plant Database lists 20 utility-scale plants in Iceland with a combined capacity of 2.5 GW. Hydro plants account for the largest slice (77% of listed capacity). The biggest single plant is Fljótsdalsvirkjun (Kárahnjúkar ) (690 MW, Hydro). The database was last updated in 2021, so newer wind and solar farms and rooftop PV are under-represented.

Listed capacity by fuel (MW)
Map of the largest plants loads when you scroll here…

Largest power plants

#PlantFuelCapacity MWCommissionedOwner
1Fljótsdalsvirkjun (Kárahnjúkar )Hydro6902008Landsvirkjun
2BúrfellHydro2701969Landsvirkjun
3HellisheiðiGeothermal2132006Orkuveita Reykjavíkur
4HrauneyjafossHydro2101981Landsvirkjun
5BlandaHydro1501991Landsvirkjun
6SigaldaHydro1501977Sigölduvirkjun
7NesjavellirGeothermal1201998Orkuveita Reykjavíkur
8SultartangiHydro1201999Landsvirkjun
9ReykjanesGeothermal1001977HS Orka
10BúðarhálsHydro95—Landsvirkjun
11VatnsfellHydro902001Landsvirkjun
12SvartsengiGeothermal761977HS Orka
13KraflaGeothermal601977Landsvirkjun
14ÍrafossHydro48—Landsvirkjun
15LagarfossHydro271975Rafmagnsveitur ríkisins NA

Source: WRI Global Power Plant Database v1.3 (CC BY 4.0). Explore all 20 plants on the interactive power plant map.

Solar & wind farms: Iceland

3 utility-scale facilities tracked by Global Energy Monitor (2026): 0 MW of solar and 0 MW of wind operating, plus 558 MW under construction or planned.

See them on the mapLargest solar & wind farms: Iceland →

How does Iceland compare?

Iceland next to 6 neighbouring countries, plus regional and world averages. Click a column to sort; use “Compare” for full side-by-side charts.

CountryRenewable %Low-carbon %Fossil % gCO₂/kWhkWh / personGeneration TWhMix
Iceland 100% 100% 0% 28 48,424 19.1 —
Faroe Islands 46.9% 46.9% 53.1% 347 8,952 0.5 Compare
Greenland 83.3% 83.3% 16.7% 150 10,740 0.6 Compare
Norway 99% 99% 1% 28 28,598 161 Compare
Ireland 48.1% 48.1% 51.9% 257 5,831 31 Compare
United Kingdom 52% 64.4% 35.6% 217 4,203 292 Compare
Sweden 71.2% 98.8% 1.2% 35 16,019 171 Compare
Europe average 41.6% 62% 38% 271 6,203 4,626 Compare
World average 33.8% 42.6% 57.4% 458 3,860 31,772 Compare

Calculators for Iceland

Iceland energy: frequently asked questions

What percentage of electricity in Iceland is renewable?
In 2024, 100% of the electricity in Iceland came from renewable sources (hydro 70.7% and geothermal & other 29.2%). The world average is 33.8%. Iceland ranks 1st of 158 countries; see the full ranking.
What is the main source of electricity in Iceland?
Hydropower is the largest source of electricity in Iceland, providing 70.7% of generation in 2024, followed by geothermal and other renewables (29.2%).
How clean is the electricity in Iceland?
Electricity in Iceland has a carbon intensity of about 28 g CO₂-equivalent per kWh (2024), against a world average of 458 g/kWh. That is exceptionally clean. Charging an electric car that uses 15 kWh/100 km therefore emits around 4 g CO₂e per km from electricity.
Does Iceland have nuclear power?
No. Iceland generated no nuclear electricity in 2024; its low-carbon electricity comes entirely from renewable sources (100% of generation).
How much electricity does Iceland use per person?
Iceland generates about 48,424 kWh of electricity per person per year (2024), compared with a world average of 3,860 kWh. Including all fuels for transport, heating and industry, primary energy use is about 159,680 kWh per person.
How much solar power does Iceland produce?
Solar panels produced 10 GWh in 2024, 0.1% of the electricity in Iceland. The solar share is up 0.1 percentage points in ten years. You can estimate what a rooftop system would produce at your address with our solar panel calculator.

More countries in Europe

Sources & references

  1. Our World in Data: Energy dataset (CC BY 4.0) — compiled from the sources below
  2. Ember: Yearly Electricity Data — generation, shares, carbon intensity
  3. Energy Institute: Statistical Review of World Energy — primary energy, fossil production
  4. U.S. Energy Information Administration: International Energy Data — gap-filling for smaller countries
  5. World Resources Institute: Global Power Plant Database v1.3 (CC BY 4.0) — power plant locations and capacity

Electricity data: Ember and Energy Institute Statistical Review via Our World in Data (CC BY 4.0); latest year 2024. Power plants: WRI Global Power Plant Database (CC BY 4.0). Rankings exclude systems under 1 TWh and values older than 2020. Figures may be revised by the original publishers.