With five hydropower plants – Utoqqarmiut, Tasiilaq, Qorlortorsuaq, Sisimiut and Paakitsoq – located in various places in Greenland, approx. 70 % of Greenland’s electricity stems from hydropower. Greenland is currently expanding the hydropower plant in Nuuk (Utoqqarmiut) and preparing a new hydropower plant in the Disco Bay. These projects will increase renewable energy in the public sector close to 90 %.
Greenland has large hydropower potentials that by far exceeds domestic demands, and Greenland is working on attracting investors that will exploit the hydropower. See more about the hydropower potentials in Greenland and possibilities for investors on this link: https://www.hydropower.gl