Pennsylvania Governor Unveils Tax Credit Plan to Fast-Track Energy Projects, Boost Production

Gov. Josh Shapiro said his plan will incentivize the building of next generation energy projects in the state.

Pennsylvania Gov. Josh Shapiro speaks during a news conference in Philadelphia on July 30, 2024. Matt Rourke/AP Photo

Pennsylvania Gov. Josh Shapiro said on Thursday that he wants to fast-track the construction of large power plants and provide hundreds of millions of dollars in tax breaks for projects that provide electricity to the grid and use hydrogen.

Shapiro unveiled the plan at a news conference held at Pittsburgh International Airport, which is the site of a $1.5 billion proposed partnership between KeyState Energy and CNX Resources to produce hydrogen-based fuels.