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. Energy-intensive industries can address their energy demand challenge by maximizing energy efficiency, enhancing demand flexibility, getting more out of existing grid infrastructure, and negotiating for additional carbon-free […]

Read more

At the exact moment American industry needs additional electricity to make billions in economic investments, local, state, and federal government policymakers are disrupting efforts to generate that needed electricity.  For supply to keep pace with demand given these trends, PJM needs as many new generation to find their way onto the system as possible. PJM […]

Read more

The U.S. energy delivery system that ran the Industrial Revolution and made the United States a global economic powerhouse is facing substantial challenges that threaten the economic future of the nation, states, and regions.  For the last several years, utilities throughout the United States have been facing COVID-19-based supply chain challenges for the materials needed […]

Read more

Please Join the Montrose Group for the Development Opportunity 2024 Forum on May 21, 2024 Network with company executive leaders, local / state government and economic development officials, real estate and business professionals as we share the latest economic development issues impacting corporate site location decisions. Development Opportunity 2024 Forum Registration Link: https://www.eventbrite.com/e/819136779157?aff=oddtdtcreator Montrose Group […]

Read more

The federal government based upon several new programs creates opportunities for Electric Vehicle related companies and corporate site location projects. The Inflation Reduction Act of 2022 (IRA) provides over $320 B in incentives designed to increase clean energy production in the United States, support energy innovation, and encourage investing in disadvantaged communities and projects that […]

Read more

EV companies considering a supply chain investment need to negotiate for economic development incentives.  All states will use economic development incentives to attract EV suppliers but Ohio offers a worthy model for review.  Ohio offers extended local property tax abatements and Tax Increment Financing (TIF), construction materials sales tax exemptions, and special state economic development […]

Read more

While the location of large-scale EV battery production facilities may slow in 2024, the development of the EV battery supply chain for existing EV battery facilities will not.  As the map of the EV Battery Belt from the Federal Reserve Bank of Dallas illustrates, EV battery facilities have been announced and are developing across the […]

Read more

Workforce development still matters when it comes to attracting Electric Vehicle (EV) battery production and suppliers.  A two percent drop in the U.S. civilian labor participation rate driven by the expedited retirement rates of the Baby Boom generation spurred by COVID-19 keeps the availability of skilled workers a central issue for companies with existing and […]

Read more

Situated at the forefront of innovation, the Midwest emerges as a strategic hub for the electric vehicle (EV) industry. Boasting a rich automotive manufacturing legacy and proximity to the largest fresh surface water system on earth (Great Lakes), the region provides an ideal environment for companies venturing into electrification manufacturing. The LG EV facility offers […]

Read more