18 December 2025
Data centres could become a new and important source of revenue for Greenland. This is according to Erik Jensen (S), Chair of the Finance and Tax Committee, following the committee’s recent study trip to Ireland, where members explored opportunities to attract international data centre investments. This was reported by KNR, Greenland’s national broadcaster, on its website knr.gl.
According to Erik Jensen, Greenland has significant potential, particularly due to its access to green energy and its cold climate, which can reduce the energy required for cooling.
“I believe there is enormous potential in making better use of our own resources,” Erik Jensen told KNR, Greenland's national broadcaster.
Ireland is currently one of Europe’s leading countries for data centres, but the country is expected to face energy shortages by 2035. During the visit, the Finance and Tax Committee experienced strong interest from the data centre industry, should the Government of Greenland choose to initiate contact.
With upcoming hydropower plants planned at Tasersiaq and Tarsartuup Tasersua, Greenland is expected to have a surplus of green electricity that could be used to power data centres. According to Erik Jensen, this could both create jobs and help diversify Greenland’s economy, which is currently heavily dependent on fisheries.
At the same time, he pointed to the need for a new business strategy and competitive framework conditions, including taxation policies and infrastructure such as subsea cables.
“Data centres are a long-term investment, and we need to focus on them already now.” Erik Jensen told KNR.
