From October 2014 to March 2015 – a full six-months – SEV has on average produced 71% of its electricity from water and wind. To date, the most wind energy transferred to the gird has been upwards of 85% of total electricity production.
During the first quarter of 2015, electricity production from hydropower and wind energy lay around 73%, even though there was both less wind and less rain in the first quarter of 2015, compared to the same period in 2014. Hydropower production during the first quarter of 2015 was 53.5%, while production from wind was 19.7% for the same period. In addition, electricity production overall increased by 4% during the first quarter of 2015, compared to the first quarter of 2014.
The main reasons for this increase in electricity production from renewable energy resources are the wind farms at Neshagi and Húsahagi, the extension of the Eiði hydropower plant, and the new tunnel complex above Norðskala running south toward Selatrað on the island of Eysturoy.