The generator's mechanical parts will perform more efficiently at some speeds/loads than at others. Everything happening at a different temperature and pressure will change fluid flows and forces and put different stresses in different places. Combustion won't happen cleanly, oil and gases won't flow the way they're designed to and the engine will get dirty, etc. If you're running outside of the region the engine was designed to operate in you're stressing it in ways it was not designed to handle, lowering efficiency and shortening its lifespan.
(You could run the generator at its favorite speed and sink excess power into a dummy load. This'd waste a ton of fuel, though, enough so that I'm not actually sure whether it'd be cheaper than eating an engine. That and I'm not sure what a data-center-sized dummy load would look like.)
Hmmm. I didn't actually do the numbers. Let's see...
A randomly-googled 2MW diesel generator consumes 50 gallons/hour at quarter load and 160 gallons/hour at full load [1]. So let's say it's 100 gallons/hour to run a 2 MW generator at full load instead of quarter load. The OVH incident report [OP] says that their data center has two cables in each carrying 10 MVA (mega-volts-amperes, ~ watts), giving us 20 MW as roughly the maximum power consumption of the data center. Divide, multiply, it'd cost 1000 gallons/hour to run at full load, orrrr $3000/hour at the current price of diesel [2].
Yeah, that's pretty cheap, okay. You might run these generators for a few hundred hours over the lifetime of the installation and they probably cost millions of dollars, so you're not going to spend more on fuel than you'd spend having to replace the generator early. Why don't they have a dummy load for that scenario?
edit: Now that I look at the math I did I realize that I didn't need to look at OVH in particular at all, just compare the cost of fuel to the purchase price of one of the diesel generators I was looking at. >_< Meh, math still works, I'll leave it.
Also, if you have one power outage, it's more likely you'll have another soon, so you don't want to burn up your generator (likely a long lead time to replace) during the first outage, just to have nothing during the next outage.
Does Europe tax diesel the same way no matter where it's used? I know in the US diesel for generators is exempt from a lot of taxes resulting in it being significantly cheaper in some states.
In the UK Diesel is taxed differently for agricultural usage, it typically has a red dye added to it to indicate it's for agricultural use only. I don't honestly know about generators though.
Since the generators apparently run less efficiently at partial load, that's not a given either. They'll almost certainly produce more pollution per unit fuel. Hm, is that a few percent more, or a few times more?
(You could run the generator at its favorite speed and sink excess power into a dummy load. This'd waste a ton of fuel, though, enough so that I'm not actually sure whether it'd be cheaper than eating an engine. That and I'm not sure what a data-center-sized dummy load would look like.)
https://en.wikipedia.org/wiki/Power_band