[New post] With abundant energy, Iceland woos power-hungry data centers

sskarthik posted: "By Alexander Tange COPENHAGEN (Reuters) - As it emerges from financial isolation, Iceland is trying to make a name for itself again, this time in the business of data centers -- warehouses that consume enormous amounts of energy to store the information o" Respond to this post by replying above this line New post on SKarthik.info With abundant energy, Iceland woos power-hungry data centers by sskarthik By Alexander Tange COPENHAGEN (Reuters) - As it emerges from financial isolation, Iceland is trying to make a name for itself again, this time in the business of data centers -- warehouses that consume enormous amounts of energy to store the information of 3.2 billion internet users. Now it wants to capitalize on the rapidly growing data storage business: data creation has accelerated with 90 percent of stored data created in the two previous years according to Scandinavian research group Sintef, and data centers consume 2 percent of global electricity to keep humming servers cool. Iceland's authorities are in the process of lifting capital controls imposed in 2008 after a spectacular financial meltdown when its three main banks, with assets worth ten times its gross domestic product,... Read more... sskarthik | September 4, 2015 at 1:33 am | Categories: Computers and Internet | URL: http://wp.me/p1eKZE-3idb Comment    See all comments Unsubscribe to no longer receive posts from SKarthik.info. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://sskarthik.wordpress.com/2015/09/04/with-abundant-energy-iceland-woos-power-hungry-data-centers/ Thanks for flying with WordPress.com