Region
Nordics: hydro, geothermal and Europe's cheapest PPA
🇳🇴 Norway · 🇸🇪 Sweden · 🇫🇮 Finland · 🇩🇰 Denmark · 🇮🇸 Iceland
The Nordics concentrate 95% of Europe's per-capita renewable power: NO/SE hydro, DK/SE3 onshore wind, IS geothermal, FI/SE nuclear. €28–58/MWh PPAs, the continent's cheapest.
PPA
28–58 €/MWh
Capacity
525 GW installés
Highlights
- NO hydro 98%
- PUE 1.05–1.15
- 9–12 mo/yr free-cooling
- AI hubs Meta Luleå, Microsoft Gävle
Cities & hubs
FAQ
Which country for a long-term hydro PPA?
Norway (NO3–NO5) for lowest prices, Sweden SE2 for liquidity.
Other PPA regions
- IberiaIberia produces 24% of EU solar (1,700–1,900 kWh/kWp).
- DACHGermany, Austria and Switzerland make Europe's most liquid PPA market (12 GW signed in 2024).
- FLAP-DFLAP-D concentrates 75% of EU data center capacity (3,200 MW).
- Nordic-BalticSince February 2025, the Baltics have left BRELL for EU continental sync.
- All citiesExplore data center hubs by city.