Dutch data centers are feeling a pinch of rising electricity prices

Texas News Today

FILE PHOTO: Wind turbines for electricity generation are seen at the Enko Luchterduinen Offshore Wind Farm near Amsterdam, Netherlands on September 26, 2017. Reuters / Yves Hermann

11 October 2021

Amsterdam (Reuters) – Rising electricity prices have hit small Dutch data center operators, with industry groups demanding financial support from the government on Monday.

The Dutch Data Center Association has called on political leaders to lower electricity prices, lower corporate taxes or introduce subsidies to help companies invest in clean energy during the global energy crisis. https://www.reuters.com/business/energy/global-Energy shortage or coincidence-regional crisis-2021-09-29.

“This should not be underestimated, as almost every company relies on data centers,” said Stijn Grove, a spokeswoman for the association. “This is a very important area. You should not wait too long to do anything about these prices, as they can have an impact.

About 60 data center operators in the Netherlands make up about 2.3% of the country’s electricity consumption and have been greatly affected by the recent increase in prices.

Larger companies are less sensitive to price fluctuations, but Mr. Grove said SMEs typically do not reduce energy costs. They are now forced to hand them over to their clients and reduce their investments.

“A price increase of about 10 times is causing cash flow problems, and also problems with investing in sustainable energy projects. They have to have that cash, so they are at these levels. I am under pressure,” Globe he said.

(Reporting by Anthony Deutsch; Editing by Andrew Havens)

Dutch data centers are feeling a pinch of rising electricity prices

Source Link Dutch data centers are feeling a pinch of rising electricity prices

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