Intelligent CIO Europe Issue 37 | Page 51

COUNTRY FOCUS : NORDIC

Why businesses s to the Nordics

So , finding ways to minimise energy consumption in data centres is key to helping businesses achieve their sustainability initiatives and is the reason why Norway presents an ideal location to host their workloads . Norway is one of the few countries in the EU with 100 % renewable energy production , which means that businesses can power their data centres on renewable energy .
The country produces more power than it consumes , providing capacity for businesses to expand their digital capabilities .
Additionally , Norway as a country has a surplus of power . The country produces more power than it consumes , providing capacity for businesses to expand their digital capabilities – something that other locations may not be able to offer . For example , authorities in Amsterdam banned new data centre builds during 2019 , fearing the extra load they ’ d place on the city ’ s electrical grid .
Another reason why businesses are moving their workloads to Norway is the opportunity to keep costs low . Norway ’ s naturally cold climate means that colocation providers have lower cooling costs and these savings made by providers can also be passed onto businesses renting these facilities . Furthermore , Norway has the lowest cost of power in Europe . This
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