Green energy majors are not worried about a potential Trump presidency

Donald Trump could cost a trillion dollars in investments according to new analysis. ”Things might be stalled,” admits Siemens Energy CEO, but neither he nor RWE’s chief exec fear the election.

At a rally at the Jersey Shore on May 11, Donald Trump once again spoke out against wind turbines and the current administration's Inflation Reduction Act. | Photo: Michael M. Santiago

by MAZ PLECHINGER

The US energy market is at the beginning of a record-breaking boom. Driven by both the rapidly increasing demand for power for huge data centers and the mechanisms of the Infrastructure Reduction Act (IRA), USD 7.7trn will be invested in the US energy sector by 2050, according to research firm Woodmac. However, with one significant caveat.

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Wind association hedging its bets through bipartisan efforts as election looms
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