The chilly Norwegian climate is ideal and will reduce the cost of cooling of data centres by using green hydroelectric power. Placing your data centre in Norway also gives you a politically stable environment for doing business and a low-risk location regarding natural disasters. A well-educated workforce and strong connectivity is also in place.
Renewable Energy at Europe’s Lowest Cost
Large data centres are heavy industrial-scale facilities and require huge amounts of electricity. Norway ´s offer is unique in this context, not only presenting a 98% share of renewables in its power production but also foreseeing a significant surplus and extremely competitive price forecasts for the years to come. Long-term power prices in Norway are expected to be the lowest in Europe and were further lowered by a significant tax reduction from January 1st, 2017. Abundant, highly competitive and renewable power through a resilient, redundant grid represents a second to none proposal to the data centres of the future. In May 2021 Green Mountain was also featured on Al Jazeera’s award winning environmental show “Earthrise”:
Low Risk and Quick Time to Market
Ranked as number 2nd worldwide in the Cushman & Wakefield 2016 Data Center Risk Index, Norway continues to offer a low-risk environment for data centres.
A strong democracy and well-functioning authorities contribute to the low investment risk. A high level of trust for institutions makes operations smooth for foreign investments and governmental bureaucracy is low. Because of this it was possible for us to design and build a Tier III certified data center in Norway in only 5 and a half months.
Data center opportunities in Norway have strong governmental support. A data center strategy signed by four ministers, represents a strong political commitment to continuously work to improve the framework conditions for the data center ecosystem, including taxes, energy, fiber.
A Competence Centre in the Forefront of Innovation
Norway has a well-educated workforce and a high share of the adult population has tertiary education. Also, Norway has a number of world-class universities. Several of Norway`s research facilities in energy-intensive fields are recognized worldwide. This allows Norwegian companies to be at the forefront of technological and green innovation.
Direct Access from the Nordics to UK and USA
A new fiber optical sea cable system between Norway and the UK in 2019 (no-uk.com) will deliver the next generation fiber pairs meeting the content providers` requirements for dark fiber between large data centres in Norway. The cable landing station in Norway will be located in our Green Mountain’s data centre at Rennesøy in Rogaland. In the UK, the plan is to install a cable landing station in the Newcastle area.
This will make Green Mountain the gateway between Scandinavia and the UK and the US markets for data centre to data centre communication.
Norway and the EU?
Norway is not part of the EU, but instead we are a part of the European Economic Area. (EEA) This means that we can reap the benefits of being part of the European single market, but at the same time retain our independence when it comes to for instance data privacy. Invest in Norway has published a white paper that explains how it all fits together. You can download the white paper here. In general, there is no reason to exclude Norway as a DC location based on EU concerns.
- Ranked 2nd worldwide in the Cushman & Wakefield 2016 Data Center Risk Index
- Abundant renewable power, strong grid and world-leading long term prices
- Redundant connectivity available today or within compatible timespans
- Competitive tax regime, strong economy, competent workforce
- Several research facilities in energy-intensive fields are recognized worldwide, allowing Norwegian companies to be at the forefront of innovation.
- Strong democracy and stable political situation, EU-compatible framework