Trump's tax plan can halt the US wind energy boom
Although 40 GW of added US wind is expected in 2020, political uncertainty makes investors hold back. Tax cuts as well as increases can create problems, whilst a frowned upon yet possible move could cause chaos.
The US wind turbine market is currently undergoing its biggest boom yet. According to the latest forecast from consultancy firm Make, 7.3 GW of new wind will be installed in the United States this year, while a total of 40 GW is expected to be added to the existing capacity by the end of 2020. This corresponds to an increase of approximately 50 percent of the current capacity in just four years.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Oklahoma cuts subsidies for wind
For subscribers
Vestas CEO: We are headed into a whole new market
For subscribers
Runevad: Trump victory will have no significance for Vestas
For subscribers
.jpg&w=384&q=75){kind=logo}
