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Iceland

Reykjavik: 100% geothermal + hydro, €28/MWh PPA

Iceland delivers 100% renewable power (70% hydro + 30% geothermal). PUE 1.05 from climate. Landsvirkjun PPAs at €28–42/MWh.

Installed capacity

90 MW

PPA

28–42 €/MWh

PUE

1,08

Paris latency

38 ms

Highlights

100% renewable
Record PUE 1.05
Native free-cooling
FARICE-1, IRIS cables

Operators on site

Verne GlobalatNorth ICE02–03Borealis Data CenterEtix Reykjavik

Nearby cities & region

Region: Nordics
The Nordics concentrate 95% of Europe's per-capita renewable power: NO/SE hydro, DK/SE3 onshore wind, IS geothermal, FI/SE nuclear.
🇳🇴 Oslo
Oslo and the Norwegian west coast deliver Europe's greenest power (98% hydro).
🇸🇪 Stockholm
Stockholm + Luleå host Meta, Microsoft, AWS for AI training.
🇫🇮 Helsinki
Helsinki attracts Google, Microsoft and Meta thanks to Olkiluoto 3 (1.6 GW nuclear) and a 95% decarbonised Fingrid network.
🇩🇰 Copenhagen
Copenhagen runs on 67% wind in the Energinet mix, targeting 100% renewable by 2030.
🇳🇴 Bergen
Bergen and the NO5 coast deliver hydro at €30–44/MWh.
🇸🇪 Gothenburg
Gothenburg in SE3 zone delivers hydro + NO5 imports at €30–46/MWh, free-cooling 9 mo/yr.

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