Fjallapower

The case for new hydropower in Iceland

Fjallapower is not a slogan but an engineering argument. It begins with Iceland's real demand, examines what the country's rivers can deliver, and sets out why new hydropower is the responsible way to close a widening gap.

The argument in brief

Four steps from problem to proposal

01 · Demand is outrunning supply

Iceland's electricity consumption keeps rising, while new generation has not kept pace. The margin that once absorbed dry years and peaks is shrinking.

02 · The system is near its limits

Reservoir storage, transmission capacity, and firm power are all under pressure — a picture the reports document in detail.

03 · The potential is real

Iceland's glacial rivers hold enormous, largely unrealised energy — the scale a Dettifoss–Niagara comparison makes concrete.

04 · Hydropower is the responsible answer

Weighed against the alternatives, new hydro offers the firm, low-carbon capacity Iceland needs — if it is planned well.

What the analysis covers

The ground the reports work through

Hydropower potential

How much firm capacity Iceland's rivers could add, and what it would take to realise it responsibly.

The power balance

Assessments of available capacity, reservoir status, and where the system's margins are tightening.

Transmission & the grid

Where constraints in Landsnet's transmission network limit how much power can actually reach demand.

The electricity market

How pricing, competition, and market design shape whether new generation actually gets built.

Wind, weighed honestly

A clear-eyed look at where wind fits — and where its benefits have been overstated relative to hydro.

Existing assets

Options for getting more from what's already built — such as uprating Sigalda and the Þórisvatn reservoir.

Where the numbers live

The detailed figures are in the reports

This page summarises the argument. The specific capacity, cost, and demand figures — and the methods behind them — are set out in full in the Fjallapower reports and the wider archive of analysis.

Read the reports

Dettifoss Niagara Illustrative — see Fjallapower 2 for the real comparison
The Fjallapower series

Start with these four

Discuss the proposal

Have a question about the case?

Get in touch to discuss the analysis, the assumptions, or what it means for Iceland's energy policy.