The $90 billion of investments in energy and artificial intelligence (AI) announced at the Pennsylvania Energy and Innovation Summit highlights the critical infrastructure and tax incentives needed for large-scale power and digital infrastructure development. According to Akerman Data Centers and Digital Infrastructure Chair James Grice, in a new interview with Power Engineering, part of what makes Pennsylvania so attractive for investments is a combination of location – it's close to major data center hubs like Virginia and New York, available power capacity, and a strong utility presence. James also highlighted Pennsylvania's tax framework exemption program, which “enables the data centers to operate the way they need to.”
While shortages in the supply chain are a major hurdle for some of the large-scale power projects announced at the summit, James sees the commitments by investors as a good sign that they're in it for the long-haul.
"The folks that are in this business are not daunted by the complexity, the delays, the coordination needed to make that happen," James said.
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