EEI Member Companies Helping to Drive $90 Billion in AI, Energy Investments in Pennsylvania

EEI President and CEO Drew Maloney and CEOs from four EEI member companies convened with industry, government, and technology leaders at the Pennsylvania Energy and Innovation Summit in Pittsburgh, where it was announced that the Commonwealth will see an influx of more than $90 billion in artificial intelligence (AI) and energy infrastructure investments in the coming years.

Maloney joined President Donald J. Trump, U.S. Senator Dave McCormick, U.S. Energy Secretary Chris Wright, Pennsylvania Governor Josh Shapiro, and other senior officials at the event, which emphasized the essential role electricity plays in powering the nation’s economy and advancing technologies like AI.

“We applaud Senator McCormick for convening today’s event with President Trump and for shining a bright light on the critical role electricity plays in powering innovation and driving economic growth,” said Maloney. “The more than $90 billion in new investments announced today will help fund energy infrastructure projects, connect data centers as quickly as they are built, and create thousands of jobs. These types of investments highlight the commitment of America’s electric companies to delivering the reliable, affordable electricity that makes innovation possible.”

During the summit, EEI member company PPL Corporation announced the formation of a joint venture with Blackstone Infrastructure to build, own, and operate new natural gas-based, combined-cycle generation stations to power data centers under long-term energy services agreements with regulated-like risk profiles that do not expose the companies to merchant energy and capacity price volatility.

“We are committed to developing creative solutions to some of the most pressing challenges we face in today’s changing energy landscape. And in Blackstone Infrastructure, we’ve found a tremendous partner and long-term energy infrastructure investor that not only has deep expertise in data center development and power generation but also shares our passion to deliver America’s AI dominance and to help address resource adequacy concerns within PJM,” PPL President and CEO Vincent Sorgi said in a statement.

As the hometown electric company, Duquesne Light thanked the organizers of the summit and emphasized the company’s economic impact in Pittsburgh and throughout western Pennsylvania.

Five EEI member companies—Duquesne Light, FirstEnergy Corporation, PECO, PPL Electric Utilities, and UGI Utilities—collectively serve more than 5.9 million customers in Pennsylvania. Their investments in grid infrastructure in Pennsylvania are projected to more than double during the next four years to meet customer demand, boosting economic development and job growth in local communities.

Although future projections vary, experts agree that Pennsylvania’s and America’s appetite for electricity is only moving in one direction: up. Nationally, EEI member companies are projected to make more than $202 billion in grid investments this year alone.

“Through 2029, FirstEnergy is investing more than $28 billion in capital systemwide to modernize local distribution systems and strengthen the transmission network. In Pennsylvania, that includes spending $15 billion in the infrastructure enhancements, people, processes, and facilities needed to deliver safe, reliable power,” FirstEnergy Corporation Board Chair, President, and CEO Brian X. Tierney said in a statement. “This year alone, more than 40 new journey-level hires and apprentices will join our Pennsylvania team in well-paying, meaningful careers with long-term growth opportunity.”

Additionally:

• Duquesne Light plans to invest $2.7 billion during the next five years to upgrade the safety, reliability, and resilience of its service and grid infrastructure.
• PECO is investing approximately $9.3 billion during the next five years across its electric and natural gas systems to complete targeted system enhancements and corrective maintenance, invest in new equipment, inspect equipment, and perform enhanced tree trimming and other vegetation management. 
• PPL Electric Utilities, PPL’s regulated utility subsidiary in Pennsylvania, has made more than $13 billion in grid investments since 2013 and plans to invest nearly $7 billion more through 2028.
• Between the company’s 2023 and 2025 fiscal years, capital expenditures for UGI Utilities are projected to reach nearly $1.4 billion.

These investments allow electric companies to meet new and rising demand from data centers and AI technologies, industrialization and the reshoring of manufacturing activity, and the electrification of the transportation sector, among other drivers. Just last month, PECO committed to partnering with Amazon Web Services to support data center development in southeastern Pennsylvania.

Investor-owned electric companies also are increasingly embracing AI-enabled tools to power their operations, drive efficiency, and keep customer bills as low as possible. FirstEnergy is among several EEI member companies to use AI technology to inform its vegetation management strategy to help prevent wildfires and mitigate storm damage. Duquesne Light last year announced it would install an AI-powered system to help make underground grid maintenance safer and more efficient. 

This trend of electric company AI adoption extends well beyond Pennsylvania’s borders. Last month at EEI 2025, Southern California Edison was awarded the 97th Edison Award for its Advanced Waveform Anomaly Recognition system, which uses advanced sensors and AI models to detect faults and reduce the number and length of outages within SCE’s service territory. Learn more about the project and catch up on highlights from EEI’s annual thought leadership forum at eei.org/2025.