AI shifts Europe data center build northwards

Data Center Review published an analytical article by Eva Sóley Guðbjörnsdóttir, CFO and Deputy CEO at atNorth, arguing that Europe’s data center buildout is shifting northward because AI workloads need more power and land.

• The piece says Nordic countries are attracting new AI-focused data center investments because they offer renewable power, lower electricity prices, and more available land than congested FLAP-D markets.
• It cites market and technical context including moratoriums in Amsterdam and Dublin, Nordic electricity prices of below €40/MWh versus a European average above €100/MWh and £117/MWh in the UK, and projected twice-as-fast growth in Nordic data center footprint over the next five years.