Why Iceland is ideal for the data center industry?

Iceland is a favorable location to host data centers due to its naturally cold climate (reducing energy costs), safe environment (reducing security costs), and abundant renewable energy. Iceland has identified data centers as one if its key sectors and offers incentives, for more information see websites below.

How many data centers are in Iceland?

Currently there are 7 colocation data centers from 3 areas in Iceland (Island).

What are the major factors making Iceland an attractive option for building data center?

An independent study reveals that Iceland is well positioned to become an international datacenter hub. The study results show unique advantageous clean energy reserves, competitive power prices and solid infrastructure that make Iceland a highly attractive location for datacentres.

What advantages does Iceland have?

STRENGTHS

• Very high standard of living.
• Low inequality in the society.
• Abundant renewable energy (geothermal, hydropower)
• Flexible labour market with high openness to immigrating workers.

Is Iceland 100\% renewable?

Hot springs, volcanos, geysers and magnificent glaciers and mountains. Iceland is known for its epic nature phenomenon. But besides attracting tourists the island’s geography and geology provide almost 100\% renewable energy.

Is Iceland self sufficient?

Iceland is totally energy self-sufficient with 30\% from geothermal plants and 70\% from hydro-electric facilities. Iceland is a unique place in the world, an island touching the Arctic Circle, but sitting on top of volcanic terrain that keeps the city of Reykjavik free of snow most of the year from heat in the ground.

Is Iceland fully renewable energy?

Iceland is a leader in renewable energy Almost all electricity in Iceland is produced using renewable energy sources, with 73\% of electricity provided by hydropower plants and 26.8\% from geothermal energy, accounting for over 99\% of total electricity consumption in Iceland.

Why choose Iceland as a datacenter hub?

An independent study reveals that Iceland is well positioned to become an international datacenter hub. The study results show unique advantageous clean energy reserves, competitive power prices and solid infrastructure that make Iceland a highly attractive location for datacentres.

How clean are Iceland’s data centers?

More money, more problems Iceland’s data center companies promote themselves as clean: after all, virtually all of the country’s electricity is generated from renewable sources like geothermal and hydroelectric power. But Iceland’s image as a land of green energy has become more complicated in recent years.

Where is the best place to locate a data centre?

The results of BroadGroup’s analysis show that Iceland is a highly attractive place to locate a data centre: On the key issue of power, encompassing everything from costs to quality to regulation, Iceland scores more highly than leading global data centre locations such as the US, UK, Sweden, Singapore and Hong Kong.

How will Denmark’s new data centers affect the energy grid?

The Danish Energy Agency predicts that in the period from 2017 to 2030, new data centers will account for 85\% of the increase in electricity usein Denmark’s business sector. Across the Nordic countries, data is growing fast.