Google, Blackstone and FirstEnergy announced multibillion-dollar Pennsylvania projects at the summit, including new data centers and new gas plants to power them.

Utilities “with renewables-heavy plans” may accelerate wind and solar projects by several years in order to qualify for the new one-year safe harbor period, according to Jefferies.

David LaCerte works at the U.S. Office of Personnel Management. He served during Trump’s first term and helped on Project 2025, the conservative road map to “deconstruct the Administrative State.”

The Pennsylvania Energy and Innovation Summit, which President Trump attended, touted heavy investments in AI and power infrastructure. Jefferies analysts said PPL scored a victory there.

It costs far less — and takes less time — to aggregate existing customer-sited resources than it does to build new dispatchable generation or storage. “Light bulbs are starting to go off,” said one expert.

From working with a utility to choosing a charger, five insights to improve the decision-making.

The proposed private equity model isn’t in the public interest, an administrative law judge said.

The integrated resource plan approved by regulators on Tuesday also calls for up to 4,000 MW of renewable resources by 2035 and more than 1,500 MW of storage.

The investment will expand the hyperscaler’s data center footprint across the largest U.S. power grid over the next two years.

Load growth and aging infrastructure require investment, but customer electricity prices are up 4.5% nationally, almost twice the 2.4% national inflation rate, according to the Bureau of Labor Statistics.

The Electric Reliability Council of Texas said it expects to have nearly 14,000 MW of storage on its system by September, up from about 10,000 MW last year.