Analysts Say Trump Trade Wars Would Harm the Entire US Energy Sector, From Oil to Solar

Why does this conflict take place? The short version, Trump and his consultants believe that the US economy will help the US economy in the US economy to reduce the deficiency of the US economy, and to enter US products in other countries.

We will load our internal industrial basis, “said Trump, said on April 2, about each US trade partner announced tariffs about every US trade partner. “We will announce open foreign markets and split foreign trade barriers and eventually reduce prices for more powerful competition and consumers to produce more at home.”

A tariff is the arrest of a government about import. As the US government has increased its tariffs, other countries have retaliated with their growth.

Add to chaos, the frequent change of policies, as often as the president, announces turns on social media, as often as in recent days Tariffs in the European Union.

Wooden Seiple, Wood Mackenzie’s vice-developments for power and renewable energy, I spoke to dig in the parts of the renewable reports. Here is a conversation edited for length and clarity:

Dan Gearni: Is there more expensive tariffs for the renewable energy industry or more?

Chris Seiple: Of course, things that are more expensive are a large part of it. I think the second problem and this is a kind of unique to power work, it is a heavy regulation. Thus, there are many utilities that have to undergo a very extensive regulation process to get approval because they want to build. To be in a world where there are so many tariffs, they do not know what it will cost to build what they want to build. It is especially difficult for this industry to navigate this area, as many as other sectors, such as large enough sectors, especially such a large ratio of bulletin, so much as a warehouse of the newsletter.

It was attempted to increase production capacity in the United States with the battery warehouse. How would you characterize where you stop?

Too early days. Many battery production batteries that continue within the United States are not in stationary utility-scale storage projects, but to provide home vehicles. And thus, the amount of production capacity compared to this equipment compared to this equipment imports us more than 90 percent of the necessary.

Chris Seiple is the vice-land for Mackenzie’s power and renewable energy.

Photo: Wooden Mackenzie