Analysts expect little effect on electricity prices after data centre slowdown
Published
Statnett and the government have today announced a slowdown for data centres in Norway. This means that new data centres cannot, for the time being, connect to the electricity grid as quickly as before.
Statnett is the company responsible for the main electricity grid in Norway. Data centres use very large amounts of electricity, and demand for power from such facilities has increased in recent years. For this reason, the authorities and the grid owner have now decided to slow down the expansion.
Analysts at the companies Storm Geo and Volue say that they do not expect any significant impact on power prices. This means that the measure is unlikely to change electricity prices for ordinary consumers to any noticeable degree.
The brief announcement does not state how long the slowdown will last. Further details about how the measure will be implemented therefore remain unknown.
Sources: Montel News
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