PPL Corporation statement on Trump-Shapiro call for new power auction to spur construction of power plants paid for by data centers
"We thank
The announcement from
This is why we created a joint venture with Blackstone Infrastructure to build, own and operate new generation to serve data centers under long-term energy services agreements and help mitigate rising electricity prices for our other customers. Since our announcement in July at the Pennsylvania Energy and Innovation Summit, the joint venture has been laying the necessary groundwork to move as quickly as possible to build new, dispatchable generation to serve large-load data centers in
In addition, we support legislation that's been proposed in
We're committed to bringing our expertise forward to move the President's announcement from concept to reality. And we will continue to engage with a wide range of stakeholders, including federal and state leaders and data center developers, to address today's energy challenges and ensure a safe, reliable and affordable energy future for our customers ─ all while enabling the
About PPL
PPL Corporation (NYSE: PPL), headquartered in
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