SnerpaPower

News

June 12, 2025

Faxaflóahafnir and SnerpaPower announce partnership

Faxaflóahafnir (Associated Icelandic Ports) has signed an agreement with the Icelandic energy technology company SnerpaPower to deploy its software solution to support the electrification of the harbour.

With upcoming large-scale shore power projects and increased ship connectivity, the harbour's electricity demand is expected to rise significantly. This poses challenges for both power distribution and infrastructure operations, making predictability, planning, and efficiency in electricity procurement critical. SnerpaPower’s solution will enable Faxaflóahafnir to address these developments in a secure, sustainable, and cost-effective manner.

The project represents an essential step towards increasing the use of renewable energy in harbour operations and reducing greenhouse gas emissions. Smaller cruise ships docking at the Old Harbour are already utilizing shore power at Miðbakki and Faxagarður, significantly reducing their fossil fuel usage. Larger shore power projects, allowing bigger ships to connect to shore electricity, are planned, and implementing this software is part of the preparation for those projects.

Under the agreement, SnerpaPower will provide Faxaflóahafnir with a powerful energy management system specifically designed to forecast electricity consumption at the harbour and efficiently optimize the utilization of electrical infrastructure. This technology will simplify operations, enhance energy efficiency, and support Faxaflóahafnir’s ambitious sustainability goals.

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“We are truly excited about our partnership with SnerpaPower. Harbour electrification is a key component of Iceland's strategy to become a global leader in climate-friendly maritime operations. In this context, SnerpaPower’s solution is crucial for ensuring cost efficiency and optimal infrastructure utilization"

‍J. Snæfríður Einarsdóttir, Director of Port Infrastructure at Faxaflóahafnir.

SnerpaPower's software enbles energy transition

SnerpaPower’s software solution enables Faxaflóahafnir to leverage real-time data, automate electricity consumption forecasting, enhance monitoring of electricity costs, and fulfill contractual obligations. The solution also supports Faxaflóahafnir's future plans for larger and more comprehensive shore power projects at harbour sites.

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"We at SnerpaPower are extremely proud to support Faxaflóahafnir in strengthening sustainability in Icelandic port operations. Our software solutions empower ports to efficiently and cost-effectively meet their customers' energy needs. It is incredibly rewarding to contribute to Faxaflóahafnir’s ambitious energy transition journey."

Íris Baldursdóttir, CEO of SnerpaPower.

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This partnership aligns closely with Iceland's climate and environmental action plans and underscores Faxaflóahafnir’s commitment to sustainable operations and innovation in energy management.

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Marius Moldestad

Customer Success Manager

About Faxaflóahafnir

Faxaflóahafnir manages key port facilities in Reykjavík, aiming to operate safe, green, and efficient ports, connecting Iceland's largest market and business area with global trade. The company proactively identifies necessary infrastructure developments to benefit society, the environment, and the economy. It has implemented the Environmental Port Index (EPI) and increasingly offers shore power connections for smaller cruise ships, with plans to extend this service to larger vessels at Skarfabakki in 2028.

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About SnerpaPower

SnerpaPower is a leading technology company in the electricity sector, committed to enhancing the utilization of renewable energy sources and accelerating the energy transition. The company develops and operates a software platform enabling energy-intensive businesses to automate and optimize electricity orders and directly connect to electricity markets, thus enhancing competitiveness of green industries and speeding up the energy transition.

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Contacts:

Íris Baldursdóttir

CEO and Co-founder, SnerpaPower

Gsm: 856 9312

iris@snerpapower.com

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J. Snæfríður Einarsdóttir

Director of Port Infrastructure, Faxaflóahafnir

Gsm: 851 1010

snaefridur@faxafloahafnir.is

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Marius Moldestad

Customer Success Manager

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