The Pennsylvania Energy and Innovation Summit, held at Carnegie Mellon University, saw over $90 billion in investments announced for data centers, energy and power infrastructure, and workforce and AI training projects. The summit, attended by President Donald Trump, Senator Dave McCormick, and Governor Josh Shapiro, highlighted Pennsylvania's potential to serve as a hub for AI innovation and create high-paying job opportunities across the state.
The investments announced during the summit include major commitments from companies such as Blackstone, Google, and Constellation Energy. Blackstone plans to invest $25 billion in data center and energy infrastructure development in Northeast Pennsylvania, while Google has partnered with Brookfield to repower two hydropower facilities, generating 670 megawatts of power. Constellation Energy has committed to spending billions of dollars on nuclear energy projects to fuel economic growth in Pennsylvania.
These investments are expected to create tens of thousands of construction jobs and thousands of permanent jobs, signaling Pennsylvania's readiness to power the AI and energy revolution. The summit showcased the state's strengths in energy and technology, aiming to boost the economy and create jobs. The event featured panels and discussions on energy and AI, including how to best meet the energy needs created by the technology and looking at the efficiencies that AI could create in the years ahead.
FirstEnergy Corp, a major player in the electric distribution landscape, also made significant announcements during the summit. The company plans to invest $15 billion in upgrading infrastructure in Pennsylvania, including advancements in people, processes, and facilities crucial for delivering safe, reliable power to communities. This investment is part of FirstEnergy's strategic vision for a future-ready energy infrastructure to support the evolving demands of electricity due to factors like economic development and advances in artificial intelligence.
