Comment by throwaway2037
3 days ago
> second cheapest electricity in Europe
That is incredible. Why don't they have more power intensive industry as a result?
3 days ago
> second cheapest electricity in Europe
That is incredible. Why don't they have more power intensive industry as a result?
There is a fair amount of industry, but the buildup of wind power is relatively new. Lots of new datacenters are being built as cheap renewables, abundance of water, and a cool climate create a great environment for them.
Finland has lofty goals for becoming a hub for new green energy intensive industries, but these require large amounts of capital and it'll remain to be seen if that realizes.