New federal policies in the US will negatively impact the country's renewable energy sector! according to a webinar hosted by Wood Mackenzie.
The analysis suggests that the battery storage and solar industries will be hit the hardest. This is in line with growing uncertainty in the US renewables space.
Market analyst Clean Energy Associates (CEA) earlier suggested that the new policy landscape could trigger the loss of 60GW of planned capacity in the next five years.
“cloud” the country’s renewable energy sector
Author's summary: US renewable energy faces uncertainty due to new policies.