Nordic Council of Ministers - Data Center Opportunities

The Nordic region attracts an increasing level of significant investments in new data centres. This seems to be no coincidence as the Nordics scores comparatively higher on factors such as "Reliable power supply", "Low energy prices", "Political stability", "Faster time-to-market" and "Abundance of energy and other resources" compared to more traditional European data centre regions. All factors that are deemed most important by data centre investors. This report estimates that the Nordics by 2025 could attract annual data centre construction investments in the order of EUR 2-4.3 bn. by 2025. This is based on the forecast of the future demand worldwide for data centre services – as well as the strong value proposition of the Nordic countries towards large datacenter investments.
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