There’s no country on the planet with cleaner electricity than Iceland’s. It generates 100 percent from renewable sources – about 75 percent from hydropower, 25 percent from geothermal.
With that as a hook, the N. Atlantic island nation has for several years been trying to attract foreign industry, including data centers. As an added incentive, the country holds electricity prices steady for as long as 20 years – astonishing in today’s world of volatile fossil fuel rates.
Yet, for whatever reason – maybe volcanoes, maybe a perceived remoteness (Iceland is reasonably accessible), misperceptions of a cold climate (its winter average temperature is actually above freezing), or perhaps a shaken economy that’s still recovering from the 2008 banking collapse, the foreigners have merely trickled in, not rushed.
That could be changing, if the pending arrival of Jersey City, N.J.-based managed services firm Datapipe is an indication. Datapipe announced ...
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