NORWEGIAN DATA CENTRE INDUSTRY is heavily reliant on power , data centre operators are continually seeking more sustainable and efficient solutions . Norway has great potential in this regard due to an abundant supply of green energy . Almost all electricity produced by the country emanates from green energy sources . In addition , Norway has an industry-supportive government that favourably impacts national industry growth . In the last 4-year period , Oslo ’ s data centre market has grown at an average of 42 % annually . In 2021 , planned capacity in Norway alone doubled the 2020 figure , representing the second largest planned capacity across the Nordics after Denmark .
3 . How do you think the Nordic market will develop compared to the FLAP-Ds ? Will there be a “ migration up north ” movement in the market ? Especially in light of the energy situation in Europe , would this expedite any migration projects ? Nordic national markets are on an upwards growth trajectory . The increase of technological integration in recent years , particularly during the pandemic , led to a significant rise in IT capacity of newly built facilities . This resulted in power constraints , particularly in the larger markets such as London , Amsterdam and Dublin . Whilst it is too early to say which particular markets will become more dominant , considering what the region has on immediate offer , the Nordics are well-placed to be potential front runners in attracting foreign investment and development .
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