Norway Warns Data Centers Could Drive Electricity Prices Up Sharply by 2035

Norway's water resources and energy directorate (NVE) projects that a sharp rise in electricity consumption, driven by data centers, could lead to significantly higher power prices by 2035. The warning highlights a potential supply-demand imbalance as industrial and digital infrastructure demand grows. This signals a shift in Norway's energy outlook, with implications for energy-intensive industries and regional power markets.

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