The Invest in Iceland Agency, which exhibited at DatacenterDynamics London earlier this week, reported massive interest from a wide range of UK businesses, anxious to divest themselves of data centre carbon-tax woes.

One of the greatest attractions about Iceland is that it is carbon-neutral, explained Einar Hansen Tomasson, a project manager with the agency.

The country boasts carbon-neutral energy sources, such as geothermal electricity. Its cold climate lends itself to many days of free cooling per year, further reducing a data centre's carbon footprint.

"If you port your data centre in Iceland, you can forget all those carbon tax worries," Tomasson said.

Dale, director of sales at data centre builder and host Verne Global, said there has been a lot of interest at the show among UK companies.

Even the geographical distance isn't a problem. We've had banks, which obviously have latency issues with trading systems to worry about, talking to us," he said. "One bank estimated it could still port 95 percent of its data onto an Icelandic data centre."