SEV (company)

SEV (company)

SEV is a power producer and distributor on the Faroe Islands. The company name is derived from the names of islands Streymoy, Eysturoy and Vágoy, where the production of hydroelectricity first started.cite news | url = http://www.randburg.com/fa/sev.html | title = SEV - The Faroese Electric Company | publisher = Randburg | accessdate = 2008-02-13]

History

SEV was founded in on 1 October 1946 by 19 municipalities. By 1963, all Faroe's municipalities had been join the company and transferred their own power production capacities to SEV.cite news | url = http://www.sev.fo/Default.aspx?ID=550 | title = SEV's History | publisher = SEV | accessdate = 2008-02-13]

Activities

SEV produces 43% of total electricity consumed on the Faroe Islands. Most of the produced power is a hydroelectricity. SEV has exclusive rights to produce hydroelectricity and it operates nine large and seven smaller hydro electric plants.

SEV is also developing renewable energy. In 1993, the company started to research wind energy with the establishment of a windmill in Neshaga, above Toftir. In 2005 the number of operational wind mills increased up to three. In addition in 2003 SEV also signed a 10 years agreement to buy electricity from Sp/f Røkt, which operates three windmills in Mýrunum above Vestmanna.

SEV, New Energy of Iceland, and the authorities in the Faroe Islands and Greenland have established the North Atlantic Hydrogen Association to investigate hydrogen technology. In co-operation with the municipality of Vestmanna, SEV investigates possibilities to develop a solar power system. Together with Wavegen, a Scottish leading wave energy company, SEV develops the SeWave wave energy plant project in Nípan.cite news | url = http://www.sewave.fo/Default.asp?sida=1255 | title = Clean energy - that never fades | publisher = SeWave | accessdate = 2008-02-13]

Although SEV doesn't have the electricity distribution monopoly by the law, it is the only company who supplies electricity on the Faroe Islands.

Management

The board of SEV consists of seven members. The CEO of the company is Klémint Weihe.

References

External links

* [http://www.sev.fo/Default.aspx?ID=544 Company website]


Wikimedia Foundation. 2010.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • SEV — or Sev could refer to:* Comecon, which in Russian was called Совет Экономической Взаимопомощи or СЭВ * SEV, a power company of the Faroe Islands * Sev, an American band * Sev, an Indian food item, one of the ingredients in Bhelpuri * Sev Wide Web …   Wikipedia

  • Malakoff (power company) — The current Malakoff logo. Malakoff Corporation Berhad is a Malaysian power company that generates and sells power as an independent power producer to Tenaga Nasional for uploading onto the National Grid, Malaysia. Power generation capacity… …   Wikipedia

  • severance — sev|er|ance [ˈsevərəns] n [U] formal 1.) when you end your relationship or connection with another person, organization, country etc, especially because of a disagreement severance of ▪ the severance of diplomatic ties between the two countries 2 …   Dictionary of contemporary English

  • severance — sev|er|ance [ sev(ə)rəns ] noun uncount 1. ) a situation in which money is paid to a worker who is forced to leave a company because they are no longer needed 2. ) severance pay 3. ) FORMAL the process of ending something such as a friendship or… …   Usage of the words and phrases in modern English

  • Seversky P-35 — P 35 P 35 (36 0404) marked as P 35A at the National Museum of the USAF Role Fighter …   Wikipedia

  • Thomas Hill (Rotherham) Ltd — Thomas Hill (Rotherham) Limited was a company which repaired and sold steam road vehicles, diesel and electric road vehicles and railway locomotives. It later made its name building and rebuilding diesel locomotives.HistoryThe Company was founded …   Wikipedia

  • Alexander P. de Seversky — Alexander de Seversky 1943 Born June 7, 1894 Tiflis, Georgia Died August 24, 19 …   Wikipedia

  • Alexander P. de Seversky — Traduction à relire Alexander P. de Seversky → …   Wikipédia en Français

  • List of Killzone characters — This is a list of List of characters in the Killzone franchise. Contents 1 Main characters 1.1 Dante Garza 1.2 Jan Templar 1.3 Rico Velasquez …   Wikipedia

  • Please Save My Earth — Infobox animanga/Header name = Please Save My Earth caption = Cover of the first volume ja name = ぼくの地球を守って ja name trans = Boku no Chikyū o Mamotte genre = science fiction, urban fantasyInfobox animanga/Manga title = author = Saki Hiwatari… …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”