Crypto Potato
Summary
The Finland district heating project is Marathon’s first, marking its debut in Europe. District heating entails heating local buildings by distributing centrally heated water through underground pipes. Finland relies on biomass for district heating; however, this project is looking to reduce carbon emissions and operating costs.
Europe’s cold climate has attracted data center companies, which benefit from the continent’s reduced energy consumption and infrastructure costs. The cooler temperatures have also led to the creation of a network of district heating systems aimed at providing warmth to residents.
Although European data centers consume less energy, their collective share is at least double the global average, accounting for 3% compared to 1-1.5% globally. This also means that these companies generate significant amounts of heat, which could foster strategic partnerships with district heating systems
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