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One of the major problems with DC's is geo-location to those that are accessing systems that exist in them. You can build in the cheapest, coldest, best power generating areas in the world but you have to connect them to where people actually access them from.

Source (paywall): https://www.bloomberg.com/news/articles/2025-09-22/sweden-norway-finland-power-firms-to-cash-in-on-europe-data-center-boom

From the post:

>Data-center power demand in the Nordics could rise fourfold by 2032, Bloomberg Intelligence data shows, boosting the earnings potential for Vattenfall AB, Statkraft AS, Fortum Oyj and Orsted A/S. Regional consumption could grow by 14% to 19% annually until then, faster than the European Union average — including larger markets like Germany, Bloomberg Intelligence analysts Joao Martins and Patricio Alvarez said.

One of the major problems with DC's is geo-location to those that are accessing systems that exist in them. You can build in the cheapest, coldest, best power generating areas in the world but you have to connect them to where people actually access them from. Source (paywall): https://www.bloomberg.com/news/articles/2025-09-22/sweden-norway-finland-power-firms-to-cash-in-on-europe-data-center-boom From the post: >>Data-center power demand in the Nordics could rise fourfold by 2032, Bloomberg Intelligence data shows, boosting the earnings potential for Vattenfall AB, Statkraft AS, Fortum Oyj and Orsted A/S. Regional consumption could grow by 14% to 19% annually until then, faster than the European Union average — including larger markets like Germany, Bloomberg Intelligence analysts Joao Martins and Patricio Alvarez said.

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