Eimur – a new innovation partnership in North East Iceland

A new innovation partnership has recently been launched in North East Iceland. The company’s name is Eimur and is founded by Landsvirkjun (e. National Power Company of Iceland), Norðurorka (e. Nordurorka Ltd. – Utility Company), Orkuveita Húsavíkur (e. Húsavík Energy) and Eyþing (Association of municipalities in North East Iceland), contributing 100 million Icelandic króna’s in the next three years.

Eimurs strategy is still being formed but the main goal will be to promote sustainability with increased and more diverse utilization of energy resources in North East Iceland and to encourage research and utilization of energy related innovation, i.e. by linking energy production and tourism. Furthermore Eimur will strive for finding new ways to use energy streams that are not being used at the moment, i.e. waste heat and other raw material that goes unused from various productions, industries, fishery and agriculture.

Eimur has high hopes for future various innovations and job creation in the area in cooperation with tourist industries, various industries, diverse production, researchers and universities. Moreover they aim for attracting investors both national and international.

In the inaugural meeting in June 2016, a number of companies introduced ideas who can in the future become role models for other companies with help from Eimur. Among those companies was Norðursigling which has whale watching boats driven on electricity only and few companies who introduced various ideas on how to accelerate electrifying cars in that area. The support from Eimur will be for companies of all sizes.

Eimurs newly hired general director is Albertina Fr. Eliasdottir but she will start work for the company early September.

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