Google is establishing a large-scale data centre in Fredericia (Denmark) and have announced to invest in Denmark DKK 4.5 billion (EUR 600 million).
We have forecasted the economic effects of the Google data centre in Denmark. Our forecast is based on Google’s planned investment for this data centre and past experiences from Google’s other data centres in Europe. We find that:
- The investment will contribute to the Danish gross domestic product and create jobs both in the construction and operation phase.
- Multiple channels of spillover effects in the value chain in the data centre industry are expected.
- Google’s investments in better fibre networks, the so-called Havfrue subsea cable, will improve Denmark’s internet connectivity to North America.
- Large-scale data centres are energy efficient and use less energy to deliver a given level of computing power compared to dispersed computing.
- Finally, the data centre will use green energy as Google matches its worldwide electricity use with 100% procurement of renewable energy via PPAs.
For further information, please contact Bruno Basalisco.