Ge Vernova adds $ 80 million to modernize the infrastructure of the Pennsylvania electricity network

Ge Vernova, GE energy spin-off, invests an additional $ 80 million in its flagship factory of grid solutions in Pennsylvania over the next two years to modernize the electricity network and meet growing demand.

The investment will create 250 jobs to the main grid solutions Factory in Charleroi. It will help make additional high voltage equipment essential to the operation of the country’s electrical networks.

Ge Vernova’s technology helps produce more than half of the power in the United States. The company employs more than 18,000 workers in 18 American manufacturing facilities across the country.

The energy giant announces significant investments in the United States to help respond to increasing power requests

Since January, the company has announced a total of $ 680 million in American investments, which will lead to the creation of 1,750 new jobs. In Pennsylvania, he announced his intention to invest up to $ 100 million, creating 700 jobs in state factories.

“These new jobs and investments reflect our continuous commitment not only to build critical grid infrastructure with American workers, but also to the reindustrialisation of the manufacturer’s manufacturer in Pennsylvania,” said Scott Strazik, CEO of Ge Vernova. “They will also help strengthen our interior supply chain, improve national security and stimulate global competitiveness by carrying out a crucial gap.”

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In addition to his installation of Charleroi, Ge Vernova announced Tuesday that it had received approval to provide seven of its high -efficiency natural gas turbines in Homer City, which was previously the largest power plant of Pennsylvania coal. It is now transformed into a data center campus powered by natural gases of more than 300 acres which will provide up to 4.5 GW of electricity aimed at meeting the demand for artificial intelligence and the high performance IT needs of innovative technological companies.

The Homer City Energy Campus is expected to be finished in 2027.

“The Homer City project shows what intelligent energy investments can achieve – offer a more reliable and affordable power for all, creating thousands of qualified jobs and positioning the Pennsylvania to help direct the next AI era,” said Strazik.

These investments arise as the request for electricity reaches a record level, significantly due to the AI electricity requests.

A plan of the Ge Vernova factory in Charleroi, Pennsylvania. (Douglas Pawlikowski / Fox News / Fox News)

The rapid increase in electricity demand is mainly motivated by the data centers necessary for the training, deployment and management of artificial intelligence models, according to Flynn and Rob Thummel, principal director of Tortoise Capital portfolio.

Thummel told Fox Business last month that the data centers had a massive computing power which carried out the required tasks for AID Applications To function, but they count on the energy infrastructure to generate, transmit and distribute electricity.

High -voltage power lines take place along the electricity network on May 16, 2024 in Pembroke Pines, Florida. (Photo by Joe Raedle / Getty Images / Getty Images)

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Phil Flynn, a senior energy analyst in Price Futures Group and Fox Business contributor, said that electricity consumption of the data center had tripled at 176 hours from Terawatt in the last decade and can double or triple in the three years.

The International Energy Agency provides that the American economy will consume more electricity in 2030 for the processing of data than for the manufacture of all combined energy intensity products, including aluminum, steel, cement and chemicals, largely due to the requirements of the treatment of artificial intelligence.