Iceland beats the United States in search for renewable energy

geothermal-iceland1According to a wholesale data-centre hosting company, Verne Global, Iceland is the world’s number one location for cheap and environmentally sound energy, beating the United States.

“You might be able to find a place in the U.S. that has relatively cheap power, but the volatility (of those prices) is the problem,” Jeff Monroe , CEO of Verne Global, commented. While some states, such as Iowa, are banking on their renewable energy projects, “if you have energy that is 20 cents a kilowatt-hour, no one is going to go there because it is too expensive,” Monroe states.

Iceland’s unlimited renewable energy, cool temperatures and reliable communications provide the perfect surroundings for Verne Global.

Verne Global have decided to set up a data centre at the Asbru Enterprise Park, in Keflavik, Iceland. This park has been redeveloped from the abandoned North Atlantic Treaty Organisation (NATO) air force base, originally closed in 2006 – The data hosting company now holds two centres converted from ammunition storage depots.

Verne Global estimates roughly that a mid-sized company requiring 20,000 to 25,000 servers could save around $100 million in a decade by moving to Iceland.

“Iceland allows companies to go green and save money at the same time…In Iceland, there is no cost to going green,” Monroe explains.

For more information on Iceland’s environmental benefits and about the visit

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