Vancouver, November 23rd, 2012 – Iceland’s major hydro operator Landsvirkjun has selected Copperleaf as its Asset Investment Planning and Management system as part of its strategy to build and operate a world class power infrastructure.
Unnur M. Þorvaldsdóttir, Manager of Asset Management at Landsvirkjun comments: “Landsvirkjun offers the most competitive renewable energy contracts in Europe – with long-term agreements, advantageous prices and security of supply. Iceland’s power infrastructure is ranked among the world’s best and we see this as an important competitive advantage to attract and retain industrial clients. Delivering on a combination high reliability, competitive prices and strong public accountability requires advanced systems and processes to ensure optimal asset investment planning and management. Copperleaf’s solution is a perfect fit with our strategy.”
Copperleaf CEO Judi Hess adds: “This is our first Copperleaf system outside of the Americas, and validates the international appeal of our AIPM solution. We’re excited to work with one of the world’s most progressive electricity producers and help them achieve their goals of operational excellence.”
Landsvirkjun is owned by the Icelandic state and processes 75% of all electricity used in Iceland. It is the country’s largest electricity generator and one of the ten largest producers of renewable energy in Europe and its total electricity generation in 2011 was 12,485 GWh. Landsvirkjun operates 15 hydroelectric and geothermal power stations all over Iceland. In operating power stations, emphasis is placed on a holistic vision, where prudence, reliability and harmony of the operations with the environment and society are the guiding principles. Iceland generates 99% of its energy from renewable hydroelectric and geothermal sources. For more information please visit www.landsvirkjun.com
About Copperleaf Technologies:
Vancouver-based Copperleaf helps asset-intensive organizations re-think the traditional approach to capital planning, asset life-cycle planning, and budgeting. We pioneered C55 to help organizations integrate planning, analysis, approval, and execution so that they can make asset investment decisions that are effective, transparent, and focused on the long-term performance of the organization. Since 2000, we have been empowering utilities and other asset intensive organizations to make decisions with greater confidence.
Learn more about us at www.copperleaf.com.
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Copperleaf Technologies Inc.
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