Furthermore, given that data centre electricity consumption globally is set to increase by 50% by 2027 from 2023, according to Goldman Sachs, Greenland could also be an ideal location to build and strategically position data centres. From the perspective of data infrastructure, Greenland’s Arctic climate offers inherent advantages. For example, the naturally cold ambient climate could dramatically cut cooling requirements, which currently account for nearly 40% of a typical data centre's energy consumption. ...