financetom
Business
financetom
/
Business
/
Nordics' efficient energy infrastructure ideal for Microsoft's data centre expansion
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Nordics' efficient energy infrastructure ideal for Microsoft's data centre expansion
Mar 7, 2025 8:24 AM

HELSINKI, March 7 (Reuters) - Microsoft ( MSFT ) is

shifting its data centre strategy to be driven by power

availability rather than user demand or creating supply, and

sees the Nordic region as a prime location for emission-free

capacity to sustain artificial intelligence, its director in

charge of AI Infrastructure said on Friday.

Microsoft ( MSFT ), which operates some 300 data centres globally and

is investing about $80 billion more in them by the end of June,

has a goal to become carbon negative by 2030, meaning it needs

to find emission-free renewable power to be able to sustain the

AI-driven expansion of its cloud-based data storage and usage.

Alistair Speirs, Microsoft's ( MSFT ) senior director for Datacentre

& AI Infrastructure, said the global expansion in the use of

artificial intelligence was creating new workloads that are not

tied to a specific location by legislation, allowing Microsoft ( MSFT )

to build data centres where abundant emission-free power is

available, such as the Nordic region.

"There'll be locations across the world but efficient energy

infrastructure is going to be the deciding factor for a lot of

these areas," he told Reuters on a visit to Finland.

Microsoft ( MSFT ) is currently developing a dozen new data centres

on three sites in Finland and has partnered with local district

heating producers, such as utility Fortum, that will

redistribute the waste heat from the data centres to heat homes.

"As we look at the Nordic region, Finland in particular, it

has huge advantages to grow this sort of infrastructure," Speirs

said, referring to the region's cold climate that helps cool

data centres, reliable power grids and abundant availability of

carbon-neutral power among other factors.

Microsoft's ( MSFT ) strategy for its data centre expansion was

initially driven by where demand was, then shifted to creating

supply where it anticipated more demand, before taking on what

the company now calls its "power first" approach, in which

affordable and emission-free power supply is a decisive factor

driving investment, he said.

Fortum, which will collect waste heat on two new Microsoft ( MSFT )

data centre sites in the Helsinki region, said the collaboration

would allow it to cut emissions further towards its goal of

reaching carbon neutrality in its district heating - or heat

supplied and distributed from a central source - business in

Finland by 2029.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hemlo Explorers at a 52-Week High as it Boosts a Private Placement to $2 Million
Hemlo Explorers at a 52-Week High as it Boosts a Private Placement to $2 Million
Oct 11, 2024
02:04 PM EDT, 10/11/2024 (MT Newswires) -- Hemlo Explorers ( CNOBF ) on Friday upsized its non-brokered private placement by $500,000, to $2 million. The company will now sell 40-million share units at $0.05 each and flow-through shares, also at $0.05 each. Proceeds from the flow-through shares will be used for the exploration and advancement of Hemlo's Newfoundland projects, while...
--Sixth Street, Bridgepoint Said to be Among Suitors for Kline Hill, Bloomberg Reports
--Sixth Street, Bridgepoint Said to be Among Suitors for Kline Hill, Bloomberg Reports
Oct 11, 2024
02:05 PM EDT, 10/11/2024 (MT Newswires) -- Price: 20.50, Change: +0.09, Percent Change: +0.42 ...
Exxon secures over 271,000 acres in Texas waters for offshore CO2 capture (Oct 10)
Exxon secures over 271,000 acres in Texas waters for offshore CO2 capture (Oct 10)
Oct 11, 2024
Oct 10 (Reuters) - Exxon Mobil ( XOM ) said on Thursday it has acquired state leases for over 271,000 acres in Texas state waters for an offshore carbon dioxide (CO2) capture operation. The lease with the Texas General Land Office follows Exxon's 2021 bid for federal land off the Texas coast for CO2 capture, and its emergence as a...
Sibanye Stillwater Liable to Compensate Appian Capital Over Terminated $1.2 Billion Brazilian Mines Deal, Judge Rules
Sibanye Stillwater Liable to Compensate Appian Capital Over Terminated $1.2 Billion Brazilian Mines Deal, Judge Rules
Oct 11, 2024
02:05 PM EDT, 10/11/2024 (MT Newswires) -- Sibanye Stillwater ( SBSW ) is liable to compensate Appian Capital Advisory over the terminated $1.2 billion deal for the acquisition of the Santa Rita and Serrote mines in Brazil, a London judge ruled Thursday. Judge Christopher Butcher ruled that Sibanye was not entitled to terminate the share purchase agreements because of the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved