Disrupting renewables

Donald Trump’ s victory to the presidency has marked a significant setback to the renewable energy sector, both symbolically and materially. His administration’ s policies and rhetoric signaled a clear departure from the trajectory toward decarbonization that had begun to take shape under the previous leadership. Trump’ s executive orders have restricted the growth of renewables, especially for offshore wind power in the US. The temporary suspension of new federal offshore wind leasing, coupled with a comprehensive review of the existing projects and permits, has been regarded as a major setback for the US offshore wind industry. Moreover, Trump’ s One Big Beautiful Bill Act( OBBBA) has further narrowed the window for full-value tax credit eligibility for wind and solar projects, requiring placement in service by December 31, 2027. This comprehensive legislation not only introduces new restrictions on renewable power growth but also undermines the economics of solar and wind projects in the US.