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U.S. Green Power Demand Expected to Grow Regardless of Election Outcome

Summary Orsted flags higher costs at US offshore wind project Vestas shares drop after profit margin warning Both say green power demand to grow despite election outcome Harris supports offshore wind; Trump has vowed to scrap projects Orsted’s Q3 operating profit fell 14% (Reuters) – Demand for green power in the United States will grow …

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How Trump’s Second Administration Affects Business: Energy, Musk, Tariffs and More

Donald Trump’s return to the White House after winning the Nov. 5 U.S. presidential election may reshape American business. Much depends on whom he appoints as deputies and cabinet members, including the role of Tesla CEO Elon Musk, and what tariffs he enacts. Following are some major issues and sectors to watch: WHAT ROLE WILL …

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Trump Return Will Slow, Not Stop, U.S. Clean Energy Boom

Summary Biden-era clean energy subsidies would likely survive Reduction in offshore wind leasing likely Solar, wind energy costs have dropped sharply Oil, gas output already at record highs (Reuters) – Donald Trump’s return to the White House will refocus the nation’s energy policy onto maximizing oil and gas production and away from fighting climate change, but the …

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How Trump’s Second Administration Affects Business: Musk, Tariffs and More

Donald Trump’s return to the White House after winning the Nov. 5 U.S. presidential election may reshape American business. Much depends on whom he appoints as deputies and cabinet members, including the role of Tesla CEO Elon Musk, and what tariffs he enacts. Following are some major issues and sectors to watch:WHAT ROLE WILL ELON …

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European Clean Energy Stocks Tumble as Trump Wins Presidency

(Reuters) – Shares in European clean energy groups plummeted on Wednesday after Donald Trump was elected president of the United States, as investors fretted over a potential dismantling of U.S. support for renewables and climate policy. Trump had vowed to scrap offshore wind projects through an executive order on his first day in office and to roll back climate regulations implemented under President …

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U.S. Offshore Wind Execs Fret Privately Over Possible Trump Election Win

(Reuters) – U.S. offshore wind developers put on a brave face at a conference this week, touting their ability to work with leaders from both political parties, although privately attendees fretted that things could get rough for them if Republican Donald Trump wins the Nov. 5 presidential election. The Republican nominee and former president has …

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Tentative Green Energy Shoots at Risk From U.S. Vote Uncertainty

Summary Clean energy net fund outflows exceed $11 bln this year Competition from China and fossil fuel returns Renewables valuations at near 3% discount to market MSCI Global Alternative Index down 18% this year MILAN, Oct 30 (Reuters) – Renewable energy shares, reeling from an investor retreat, face extended uncertainty as the U.S. election has added to …

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US Gulf of Maine Offshore Wind Auction Poses Test for Beleaguered Industry

(Reuters) – President Joe Biden’s administration on Tuesday will kick off a sale of offshore wind development rights for eight areas off the coasts of northern New England, a key test of industry appetite for new investment after a year of high-profile setbacks. The auction of nearly 1 million acres (404,680 hectares) in the Gulf …

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Here Are 5 Industries With the Most at Stake in Presidential Election

Health care, energy also among businesses with most at stake Retailers would face major impact from tariff increases The US election on November 5 will be a clash of visions that reverberates through the global economy for years to come. Kamala Harris and Donald Trump in some cases have skirted how they will handle pivotal …

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