KNOWLEDGE is POWER / REAL NEWS is KEY
New York: Wednesday, July 16, 2025
Β© 2025 U-S-NEWS.COM
Online Readers: 305 (random number)
New York: Wednesday, July 16, 2025
Online: 309 (random number)
Join our "Free Speech Social Platform ONGO247.COM" Click Here
TheGunBox.com

POLITICS: Trump Announces Massive Investments to Steer America Closer to Energy, Tech Dominance – USSA News

πŸ”΄ Website πŸ‘‰ https://u-s-news.com/
Telegram πŸ‘‰ https://t.me/usnewscom_channel

(DCNF)β€”President Donald Trump announced Tuesday in Pennsylvania that 20 companies are bringing $92 billion in energy and technology investment to the Keystone State, capital he says will help secure U.S. dominance in both fields.

Announcements included multi-billion investments into artificial intelligence (AI)Β data centers,Β natural gas plantsΒ andΒ hydropower facilitiesΒ in the state. The investments are expected to strengthen Pennsylvania’s electricity grid and pave the way for America to lead the world in AI innovation, TrumpΒ saidΒ from the Pennsylvania Energy and Innovation Summit at Carnegie Mellon in Pittsburgh.

β€œToday’s commitments are ensuring that the future is going to be designed, built and made right here in Pennsylvania and right here in Pittsburgh, and, I have to say, right here in the United States of America,” TrumpΒ said. β€œThe investments being announced this afternoon include more than $56 billion dollars in new energy infrastructure, and more than $36 billion dollars in new data center projects β€” and a lot more than that are going to be announced in the coming weeks.”

Trump alsoΒ saidΒ at the summit that Knighthead Capital Management plans to invest $15 billion to resurrect the defunct Homer City Generating Station. The plant was theΒ largest coal-firedΒ power station in Pennsylvania before its closure in 2023, according to the Energy Information Administration.

The summitΒ featuredΒ Trump, cabinet members, major energy and tech industry leaders, as well as Republican Pennsylvania Sen. Dave McCormick and Democratic Pennsylvania Gov. Josh Shapiro.




Tech companies likeΒ Google,Β BlackstoneΒ and CoreWeave pledged to invest billions into AI infrastructure and data centers served by theΒ PJM Interconnection, the power grid that delivers electricity to Pennsylvania and numerous other states.

The Department of Energy (DOE) issued anΒ emergency orderΒ to the grid operator in May, ordering Pennsylvania to keep some generation units online past their scheduled retirement dates in order to prevent power shortages.

ussanews.com



AI data centers burn throughΒ large amountsΒ of power, and they are expected to proliferate while American energy infrastructure ages and power plants are retired. The combination has led someΒ power gridΒ analystsΒ to project that U.S. power supply may be inadequate in the coming years barring the addition of new generation.

While former President Joe Biden went all in onΒ green energy initiatives, Trump has favored more conventional power sources andΒ declaredΒ an energy emergency on the first day of his term. Since then, Trump has signed several executive orders to clear red tape for energy technology likeΒ nuclearΒ andΒ coalΒ and his administration has moved to strengthen America’s ailingΒ electricity grid.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contactΒ [emailΒ protected].

This content is courtesy of, and owned and copyrighted by, https://americafirstreport.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact USSANews.com using the email address in the Contact page found in the website menu.





Source link



OnGo247
New 100% Free
Social Platform
ONGO247.COM
Give it a spin!
Sign Up Today
OnGo247
New 100% Free
Social Platform
ONGO247.COM
Give it a spin!
Sign Up Today