98six° has just published our latest Infrastructure 2.0 Brief, showcasing market and sector updates in renewable technology, digital infrastructure, logistics, and grid reliability and capacity. As demand for power and grid capacity across modern infrastructure industries continues to grow, the need for strategic geography, heavy power access, and turnkey powered land has also increased.
Some key highlights from the updates include:
- The average cost of clean energy technologies is expected to continue declining by 15-20% by 2030, driven by increased supply and falling raw material prices.
- Investment into hydrogen as a feedstock has begun flowing, aided by subsidies and mandates like the Inflation Reduction Act’s hydrogen production and carbon sequestration provisions.
- Renewable energy manufacturers are developing strategies to lower emissions in their products and operations to further differentiate themselves from fossil fuels.
- The AI industry is fueling a massive data center construction boom, with major tech companies announcing over $100 billion in new projects globally.
- Challenges in getting new wind, solar, and battery projects online in the PJM power market are causing utility bills to spike for 65 million customers, while delaying projects without a clear path through the interconnection queue.
Read the Infrastructure 2.0 Brief: Q3 2024
98six properties provide the ideal locations and infrastructure to enable further growth in an increasingly competitive site selection market. 98six offers fully remediated, strategically located, and infrastructurally-advantaged sites, with high power capacity as well as live or fast-tracked access to interconnection.
Our horizontal development offers speed-to-market benefits in zoning, entitlements, power access, interconnection ability, fiber, water and sewer utilities, and geographic placement for new data center, logistics, and renewable energy projects.
Finally, across each of our properties we exercise a strong commitment to sustainability, working to reduce waste and minimize our impact on the environment, and we are always looking for ways to increase energy efficiency and reduce our carbon footprint.
Let us know if you have any questions about 98six’s redevelopments, tenant placement, or partnership opportunities. We’re always happy to share our insights and expertise.