SUBSCRIBE
PROFILE

Trump mobilises USD92bn in private investment for AI and electricity in the United States

Nearly USD92bn will be invested by major American and international groups in new data centres and energy infrastructure, responding to the surge in electricity demand linked to the rise of artificial intelligence.

Share:

Gain full professional access to energynews.pro from 4.90€/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90€/month*

No commitment – cancel anytime, activation in 2 minutes.

START NOW — 4.90€/month

*Special launch offer: 1st month at the indicated price, then 14.90 €/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99€/year*

To access all of energynews.pro without any limits

SUBSCRIBE — 99€/year

*Introductory annual price for year one, automatically renewed at 149.00 €/year from the second year.

Sign up for free to unlock this article

Leading executives in the technology and energy sectors have announced significant investments at the first Energy and Innovation Summit in Pittsburgh. These announcements come as the rapid development of artificial intelligence (AI) in the United States requires a substantial increase in electricity production and distribution capacity.

AI growth reshapes energy needs
According to information shared by the organisers, a total of USD92bn will be dedicated to the construction of data centres and energy production projects. Data centres will receive USD36bn, while USD56bn will be allocated to new production sites. Federal estimates indicate that by 2028, electricity consumption from the AI sector in the United States will reach that of five million households.

Google, a subsidiary of Alphabet, plans to invest USD25bn over two years in data centres and AI infrastructure, as well as USD3bn in the modernisation of hydroelectric power plants in Pennsylvania. Blackstone, the American asset management company, also announced a commitment of USD25bn for the development of data centres and new infrastructure.

Political stakes and international competition
These announcements are set against the backdrop of increasing technological rivalry with China. US President Donald Trump reaffirmed at the summit his ambition to make the United States the leading global player in artificial intelligence. According to his statements, the project named “Stargate”, launched in January, aims for up to USD500bn in public and private investment in AI infrastructure.

SoftBank, the Japanese technology investment group, along with US-based companies OpenAI and Oracle, have pledged to invest USD100bn in the first phase of the Stargate project. Political interventions, notably those of Senator David McCormick, highlight the importance of these investments for regional economies and national competitiveness.

Regulation and sector developments
Since taking office, Donald Trump has revised several regulations introduced under the previous administration concerning the export of advanced technologies and the development of AI algorithms. A new regulatory framework for artificial intelligence is expected to be presented during July.

Ruth Porat, Chief Investment Officer of Google and Alphabet, confirmed in remarks reported by Connaissance des Énergies on 16 July, the group’s support for President Trump’s call for new investment in energy and innovation. Analyst Dan Ives of Wedbush estimates that nearly 15% of IT budgets are now oriented towards AI, underlining the lasting impact of these decisions on national energy policy.

  • Popular on energynews.pro
Sembcorp acquires ReNew’s solar unit in India for $190mn
Oil rises 1.3% after limited OPEC+ output increase
Iberdrola adds 708 MW of solar capacity to joint venture with Norges Bank
EDF power solutions and El Paso Electric launch 150 MW solar facility in New Mexico
TotalEnergies sells Norwegian oil assets to Vår Energi to reduce debt
Ottawa allocates CAD3mn to support Indigenous-led critical mineral infrastructure projects
The federal government launches a CAD3mn call for proposals to fund Indigenous participation in energy and infrastructure projects related to critical minerals.
Africa aims for local transformation to gain weight in the global energy economy
Opportunities are emerging for African countries to move from extraction to industrial manufacturing in energy technology value chains, as the 2025 G20 discussions highlight these issues.
Global renewable capacity set to double by 2030, led by solar power
According to the International Energy Agency (IEA), global renewable power capacity could more than double by 2030, driven by the rise of solar photovoltaics despite supply chain pressures and evolving policy frameworks.
Algeria commits $60 billion to strengthen its energy strategy by 2029
Algeria plans to allocate $60 billion to energy projects by 2029, primarily targeting upstream oil and gas, while developing petrochemicals, renewables and unconventional resources.
China’s clean tech exports reach $20bn in August
China set a record for clean technology exports in August, driven by surging sales of electric vehicles and batteries, with more than half of the growth coming from non-OECD markets.
Ukrainian strike cuts power to 5,400 homes in Belgorod region
A night-time attack on Belgorod’s power grid left thousands without electricity, according to Russian local authorities, despite partial service restoration the following morning.
French Academy of Sciences warns of economic risks linked to solar geoengineering
The French Academy of Sciences calls for a global ban on solar radiation modification, citing major risks to climate stability and the world economy.
Federal shutdown threatens permit delays and energy projects in the United States
The halt of US federal services disrupts the entire decision-making chain for energy and mining projects, with growing risks of administrative delays and missing critical data.
US energy agencies prepare to suspend operations amid budget deadlock
Facing a potential federal government shutdown, multiple US energy agencies are preparing to suspend services and furlough thousands of employees.
EMBER: Chile could save $15mn annually by reducing renewable energy losses
A report reveals the economic impact of renewable energy losses in Chile, indicating that a 1% drop in curtailments could generate $15mn in annual savings.
Denmark increases energy security after unidentified drone flyovers
Faced with growing threats to its infrastructure, Denmark raises its energy alert level in response to a series of unidentified drone flyovers and ongoing geopolitical tensions.
France: Lecornu rules out a freeze on solar and wind power
The Prime Minister dismissed rumours of a moratorium on renewables, as the upcoming energy roadmap triggers tensions within the sector.
Kuwait adds 14 GW of power capacity by 2031 to avoid shortages
Kuwait plans to develop 14.05 GW of new power capacity by 2031 to meet growing demand and reduce scheduled outages, driven by extreme temperatures and maintenance delays.
Ignite Power joins the $270 million Pro Energia+ programme in Mozambique
The partnership with the World Bank-funded Pro Energia+ programme aims to expand electricity access in Mozambique by targeting rural communities through a results-based financing mechanism.
Brussels imposes a new fee system for monitoring energy markets
The European Commission strengthens ACER’s funding through a new fee structure applied to reporting entities, aimed at supporting increased surveillance of wholesale energy market transactions.
EDF faces €460bn investment programme as Court of Auditors warns the state
France’s Court of Auditors is urging clarity on EDF’s financing structure, as the public utility confronts a €460bn investment programme through 2040 to support its new nuclear reactor rollout.
Washington to return $13bn in unobligated energy transition funds
The U.S. Department of Energy will return more than $13bn in unspent funds originally allocated to climate initiatives, in line with the Trump administration’s new budget policy.
Trump threatens IEA with withdrawal if anti-oil stance is not revised
Under pressure from Washington, the International Energy Agency reintroduces a pro-fossil scenario in its report, marking a shift in its direction amid rising tensions with the Trump administration.
Southeast Asia’s power demand drives massive integration of solar and wind
Southeast Asia, facing rapid electricity consumption growth, could tap up to 20 terawatts of solar and wind potential to strengthen energy security.
France: Emmanuelle Wargon takes the helm of ACER’s Board of Regulators
The President of the Energy Regulatory Commission was elected to the presidency of the Board of Regulators of the Agency for the Cooperation of Energy Regulators for a two-and-a-half-year term.