Renewable giants shrug off Trump's anti-wind policies: ‘Electrification is absolutely unstoppable'

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Renewable giants shrug off Trump's anti-wind policies: ‘Electrification is absolutely unstoppable'
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Renewable energy giants appear relatively sanguine about U.S. President Donald Trump’s anti-wind policies.

Renewable energy giants appear relatively sanguine about U.S. President Donald Trump's anti-wind policies.

"We are not going to do the wind thing. Big ugly windmills, they ruin your neighborhood," Trump told his supporters at the Capital One Area in Washington on Monday. He previously described wind turbines as an economic and environmental"disaster.". This included declaring a national energy emergency, promoting fossil fuel drilling in Alaska and signing an executive order to withdraw the U.S.

Beyond onshore and offshore wind, Kaeser said Siemens Energy was well positioned to capitalize from a"booming" electrification market. Galán cited soaring global demand for electrically powered data centers, low-emission vehicles as well as cooling and heating applications. Artem Abramov, head of new energies research at Rystad Energy, said Trump's energy agenda essentially means the likelihood of any new offshore developments in the U.S. has fallen to zero — at least for now.

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