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Commissioning started at Porkeri Wind Farm
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Minesto reaches historic milestone – delivers first tidal energy to the Faroese grid
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Wind turbine struck by lightning
Electricity prices will not increase in 2022
Minesto to concentrate Dragon Class operations in the Faroe Islands in 2022
62% renewables in January
Minesto announces power production performance aligned with simulated predictions
Porkeri Wind Farm Inagurated
58% renewables in December 2020
New Board of Directors
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Satisfactory result for 2020
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Oil is Backup
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Húsahagi – An Important Project
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51 per cent green energy in 2017
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SEV signs agreement with Swedish marine energy developer Minesto
Sustainable energy share at an all time high in October
Green electrical power production almost 49% in 2018
The Fossá hydropower plant has produced electricity for 65 years
Room for both public and private enterprise in the Faroese electrical system
Sund Power Plant awarded international certification for maintaining a good work environment
IT Security Top Priority for All Employees
Annual Accounts 2018
51% sustainable energy generation in the first quarter
One step closer to solar power in Sumba
39% renewables in first half of 2019
Tidal energy project
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COVID-19 - SEV locks the doors
Nearly Half of Faroese Electricity Generation Sustainable in First Quarter of 2020
Satisfactory year for SEV
Minesto activities in Vestmannasund
47% sustainable electricity generation in April
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Closing in on Vestmannasund kite launch
Minesto to complete Vestmannasund installation during upcoming tidal windows
The name is 'Havfrúgvin'
39% renewables in first half 2020
Minesto Update
COVID-19 - SEV locks the doors again
Porkeri Wind Farm taking shape
Update on tidal wave project
The Faroes’ first offshore wind farm
Renewables made up 56% of electricity generated in the Faroe Islands in November
40% green energy in the first half-year of 2021
68% renewables in March
Minesto launches tidal array build-out plan, empoweringFaroe Islands towards 100% renewable energy
PhD thesis on Ensuring Supply Reliability and Grid Stability in a 100% Renewable Electritity Sector in the Faroe Islands
Renewable energy increased by 15% during the first six months of 2022
Funding for Mýruverkið II has been provided
Renewable energy generation in July 2022
Green Energy September
2022 - A record year
Increase in electricity prices
Minesto and SEV strengthen partnership for tidal energy build-out in the Faroe Islands
One step closer to improved wind energy penetration
Oil prices weigh heavily on SEV's annual accounts
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21.04.2023
Oil prices weigh heavily on SEV's annual accounts
The 2022 Annual Accounts have been adopted by the AGM on 21st of April 2023. "Result after taxes amounted to DKK 16.7 million, which is less than satisfactory", said Kári Johansen,
28.03.2023
One step closer to improved wind energy penetration
We are in the process of increasing our capacity to utilize wind energy in the Main Area of the Faroe Islands with the investment in a synchronous condenser and a battery energy st
23.01.2023
Minesto and SEV strengthen partnership for tidal energy build-out in the Faroe Islands
Press Release Minesto, leading ocean energy developer, and SEV, Faroese utility company, have renewedand expanded the collaboration agreement outlining respective roles and respons
20.01.2023
2022 - A record year
2022 proved to be a record year in electricity generation in the Faroe Islands. In total 434 GWh of electrical power were generated, which is a 2.3 percent increase and a new recor
16.01.2023
Increase in electricity prices
While inflation has had a substantial impact on electricity prices throughout Europe, electricity prices in the Faroe Islands have hitherto not been affected. SEV has been able to
07.10.2022
Green Energy September
For 8 days in September, sustainable electricity generation on the islands of Suðuroy reached 100% and the motors of the thermal power plant were temporarily switched off. For 10
08.08.2022
Renewable energy generation in July 2022
July 2022 As a result of the bad weather, the month of July was outstanding in terms of power generated from renewable energy sources. The power generated from wind and water was,
27.07.2022
Funding for Mýruverkið II has been provided
SEV has now received the necessary funding for the pumped storage system in Vestmanna – also called Mýruverkið II. The funding has been provided by Faroese and foreign lenders. The
12.07.2022
Renewable energy increased by 15% during the first six months of 2022
The need for energy in the Faroe Islands increases continuously, and in the first six months of 2022, the energy generation reached a total of 209,5 GWh, which is a growth of 3.5%
27.06.2022
PhD thesis on Ensuring Supply Reliability and Grid Stability in a 100% Renewable Electritity Sector in the Faroe Islands
On Friday 24th of June, Helma Maria Tróndheim successfully defended her PhD thesis entitled Ensuring Supply Reliability and Grid Stability in a 100% Renewable Electritity Sector in
13.04.2022
Minesto launches tidal array build-out plan, empoweringFaroe Islands towards 100% renewable energy
Leading marine energy developer Minesto has launched a detailed plan for large-scalebuild-out of tidal energy arrays in the Faroe Islands. The plan includes four new verifiedsites
12.04.2022
68% renewables in March
The share of renewables in total Faroese electricity generation in March 2022 was 68 per cent. For a total of 10 days, renewable electricity generation exceeded 80 per cent. Hydr
14.03.2022
Minesto to concentrate Dragon Class operations in the Faroe Islands in 2022
Press Release Minesto Minesto has decided to concentrate this year’s operations with its Dragon Class marine energy converters at the established and grid-connected site in
10.02.2022
62% renewables in January
Renewable electricity generation saw an all-time high in January 2022. A total of 24 GWh were produced from hydro power, wind power, biomass as well as solar power. Total electri
26.11.2021
Electricity prices will not increase in 2022
Next year's budget has been adopted by the Extraordinary General Meeting. Although costs have increased in the year 2021 due to high prices on fossil fuel and below average sustai
25.11.2021
Wind turbine struck by lightning
And just like that our oldest wind turbine went out with a blast. Struck by lightning the small 150 kW Nordtank wind turbine that has been in service since 1993 sustained irreparab
15.07.2021
40% green energy in the first half-year of 2021
We are using more power than ever before. Within the first half of this year there were produced 202 GWt, which is the most within the first half-year. Around 81 of these GWt wer
23.04.2021
Satisfactory result for 2020
The annual accounts and annual report were adopted at the Annual General Meeting Friday 23 April 2021. SEV’s financial result for 2020 was a profit of DKK 49.8 million after taxa
20.04.2021
49% sustainable electricity production first quarter 2021
Sustainable electricity production in the first three months of 2021 reached 49 per cent of total production Extremely cold and calm weather in January and February resulted in bel
23.03.2021
Minesto announces power production performance aligned with simulated predictions
As part of the continued operations programme in its tidal energy project in the Faroe Islands, Minesto has made significant progress related to electricity generation to grid. The
23.03.2021
New Board of Directors
Following the municipal elections, the new Board of Directors of SEV were elected at the Extraordinary General Meeting of SEV on 19 February 2021 As the power company SEV is fully
12.02.2021
Porkeri Wind Farm Inagurated
The seven wind turbines that form the Porkeri Wind Farm inaugurated The latest and southernmost of the Faroese wind farms was officially opened 11th February 2021. The turbines are
18.01.2021
58% renewables in December 2020
More than half of Faroese electricity was powered by renewable energy in December 2020. Predominantly by hydro power. A warm and wet December 2020 with increased precipitation resu
15.12.2020
Renewables made up 56% of electricity generated in the Faroe Islands in November
The electricity mix in November consisted of six different sources of energy - five of which were sustainable energy sources More than half of Faroese electricity generation in Nov
01.12.2020
Minesto reaches historic milestone – delivers first tidal energy to the Faroese grid
As a part of the ongoing commissioning work of its DG100 tidal kite system Vestmannasund, Faroe Islands, leading marine energy developer Minesto has reached the milestone of delive
31.10.2020
Vestmannasund project update
Minesto is making progress at the company’s tidal energy site in Vestmannasund, Faroe Islands, in commissioning the DG100 kite system. To date Minesto has successfully verified the
22.10.2020
Commissioning started at Porkeri Wind Farm
Commissioning of the seven wind turbines that form the Porkeri Wind Farm started Tuesday 20th October. The turbines are type E44 from German manufacturer Enercon. Each turbine has
17.09.2020
The Faroes’ first offshore wind farm
SEV has announced plans to build an offshore wind farm off the shore near the capital Tórshavn The wind farm will be a joint venture between Faroese energy providers and various
03.09.2020
Update on tidal wave project
Minesto has today announced that the company plans to continue commissioning activities in its tidal energy project in Vestmannasund, Faroe Islands in mid-October. Dr Mar
10.08.2020
Porkeri Wind Farm taking shape
The first of seven Enercon wind turbines has been installed in Porkeri on the island of Suðuroy In the outfield above the village Porkeri on the southernmost island in the Faroe
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