Innovative Energy Solutions Critical to Future Data Center Growth

Data centers are stretching the generation capabilities of the U.S. electric network. Solutions to America’s energy crisis focus on increased investment in the electric grid, creating new utility rate approaches, and capturing natural gas to build data center power plants. Investor-owned utilities are working with regulators to find new approaches to serve energy-intensive projects such

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Data Center Development Impacted by Local and State Tax Policy and Incentives

Few industries are as sensitive to tax policy and incentives as data centers. Other than needing a small number of highly skilled high-tech workers, these facilities need a location safe from natural disaster, with reliable and affordable electric rates and water, and a competitive tax structure. Data centers pay substantial sales and property taxes based upon the

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Data Center Growth Prospects Impacted by Power Access

Data center locations are primarily driven by access to large amounts of base load electric power. CBRE reports that a continued worldwide power shortage is significantly inhibiting the global data center market’s growth. Low supply, construction delays and power challenges are impacting all markets, and the worldwide power shortage continues to fuel price increases for

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Data Center Expansion Essential to the Blooming AI Economy

A data center is a physical facility that organizations use to house their critical computer applications and data. Several types of data centers are in operation including enterprise data centers that a single company houses on corporate campus; managed services data centers run by third party providers; colocation data centers where a company rents space

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Water and Sewer Programs Offer Local Government Critical Funding Options

The provision of water and sewer service is a critical piece for any economic development strategy. However, the ability of communities to fund local water and sewer service without outside support has come into question lately. A recent state of Ohio water and sewer infrastructure program had over one billion dollars in requests for funding

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JobsOhio Vibrant Community Program Offers Underserved Communities a Hand Up

Not all communities have an equal opportunity for success. For decades, rural communities have been home to the U.S. manufacturing base, and now face declining population statistics. Urban centers are home to the wealthiest zip codes and some of the poorest with wide discrepancies in educational and income levels located just blocks apart. The federal

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Boone County Kicking Off Kentucky Transportation Improvement Districts to Address Regional Needs

United States’ highways and roads move 72%, or nearly $17 trillion, of the nation’s goods. Yet, according to the American Society of Civil Engineers, the nation’s roadway infrastructure is struggling to meet the existing demand with nearly half of our existing roadways in poor or mediocre condition.  Many communities are looking for new tools to

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Foreign Direct Investment Remains a 2024 Corporate Site Location Success Story

Foreign Direct Investment (FDI) should continue to be good business for corporate site location projects in 2024. FDI is investments made by foreign companies or individuals in the United States. FDI or direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence

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