I first saw these electrical towers on a Facebook post.  The post said that Iceland was going to erect these artistic giants in place of the normal towers.  I thought it had to be a hoax, as so often things on Facebook are, but, I found an architect's page that makes me think this is real, sort of.

The architect's page doesn't say anything about Iceland doing this, but these are real, in that they were entered in an Icelandic competition to design new towers.  So maybe in the end, Iceland will erect them.   

How cool would that be, to take a utilitarian piece of iron and turn it into a work of art?  I would rather look at the giants than the towers. 

Choi + Shine Architects page