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Facing competition from Big Tech, states dangle incentives and loosen laws to attract power plants

By MARC LEVY - Mar 09, 2025, 12:09 AM ET
Last Updated - Mar 09, 2025, 12:09 AM EST
Power Plants-States
FILE - A data center owned by Amazon Web Services, front right, is under construction next to the Susquehanna nuclear power plant in Berwick, Pa., on Tuesday, Jan. 14, 2024. (AP Photo/Ted Shaffrey, File)

Facing spiking energy demand, U.S. states are pressing for ways to build new power plants faster as policymakers try to protect residents from higher electric bills and keep their economies on track

HARRISBURG, Pa. (AP) — Facing projections of spiking energy demand, U.S. states are pressing for ways to build new power plants faster as policymakers increasingly worry about protecting their residents and economies from rising electric bills, power outages and other consequences of falling behind Big Tech in a race for electricity.

Some states are dangling financial incentives. Others are undoing decades of regulatory structures in what they frame as a race to serve the basic needs of residents, avoid a catastrophe and keep their economies on track in a fast-electrifying society.

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“I don’t think we’ve seen anything quite like this,” said Todd Snitchler, president and CEO of the Electric Power Supply Association, which represents independent power plant owners.

The spike in demand for electricity is being driven, in large part, by the artificial intelligence race as tech companies are snapping up real estate and seeking power to feed their energy-hungry data centers. Federal incentives to rebuild the manufacturing sector also are helping drive demand.

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