451 Research Releases Report On Energy Prices And The U.S. And European Markets
Low and stable electricity prices are likely to make the U.S. a target for data center investment at Europe's expense.
Low and stable electricity prices are likely to make the U.S. a target for data center investment at Europe's expense, according to a report published by 451 Research. Lower electricity prices are also expected to impact U.S. investment in energy-efficient technologies.
The reason for this unexpected price stability in the U.S. is its booming shale gas industry. As a result, the energy bill for a medium-sized 2 MW data center in the U.S. with 50% baseload energy consumption could be as much as $500,000 a year less than a comparable facility in the UK — and about $750,000 less than one in Germany.