Electricity in Iceland is transmitted on to the national power grid, a circular pass-through system that is renowned to be one of the most secure power grids in the world. Electricity consumers can connect to the power grid almost anywhere they want to, regardless of their energy supplier. Locations near power plants and with several connections offer the most secure transmission of electricity.
Landsnet hf is national company that has the primary role of transmitting electricity to distributors and energy intensive industry. The company has a monopoly status of transmitting energy, and owns and runs the electric transmission grid in Iceland according to the national Electric Act from 2003.