"Generally, our has shown the electricity outlook for this year is positive, far better than it was during the energy crisis in late 2022/2023," Adam Nethersole, VP of Kao Data, tells ITPro.
"For context, electricity prices have reduced considerably since this time last year, from over $443/MWh (£350/MWh) to around $139/MWh (£110/MWh) and below today. Looking forward, forecasting against potentially volatile fluctuations in energy pricing, and having a flexible purchasing strategy is a vital part of any data center's financial and operational planning."
"Energy prices have continued to adjust down following the energy crisis caused by the war in Ukraine," explains Chris Pennington, director of energy and sustainability for Iron Mountain in conversation with ITPro.
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