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Trump's win will hit offshore wind investment, firm warns
November 14, 2024
|The Guardian
Donald Trump's election victory has increased the risks of investing in offshore wind projects, a German energy company has warned, even as a UK developer said his return to the White House could help bolster Britain's renewables sector.
RWE yesterday cut its spending plans and warned that, as a result of the US election, "the risks for offshore wind projects have increased".
The energy supplier, which is behind a string of wind and solar projects, shaved €3bn (£2.5bn) from its spending plans for the next financial year to €7bn, down from €10bn in 2024. It will also delay plans to invest €55bn in renewables before 2030.
But Alistair Phillips-Davies, the chief executive of SSE, said a clean energy slowdown in the US could be "a real positive" for the UK, even after Trump's victory wiped billions from the market value of Europe's largest renewable energy developers.
هذه القصة من طبعة November 14, 2024 من The Guardian.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The Guardian
The Guardian
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The Guardian
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The Guardian
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The Guardian
'Monumental betrayal'
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Theatre review Sondheim's glorious Grimm mashup is brilliantly drawn
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Machado Opposition leader says US seizure of ship was 'necessary'
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4 mins
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