When renewables-novice and coal champion Donald Trump won the US presidential election yesterday, the global energy industry gawked in horror. Initial review of the Republican billionaire’s energy plans might leave the impression that the progress clean energy sources have achieved so far will be undone. A deeper look into Trump’s energy policy under adviser Kevin Cramer reveals a siege on existing regulation and a roll-back on spending.
The Clean Power Plan has been killed by Republicans and is now pronounced dead, a group of finance experts have said, who also agree the ITC extension could be next.
As the news sinks in about the newly-elected US president Donald Trump, who shocked the world by narrowly beating Democratic challenger Hillary Clinton, industry stakeholders are taking stock.
In a shock victory that took the world by surprise, Donald Trump was elected 45th president of the United States, leaving uncertainty to loom large over the US energy industry.
Twins are now running Spain’s energy ministry with the surprise appointment of Alvaro Nadal as the new Spanish energy minister over his brother Alberto Nadal.
In this week's Movers & Shakers, PV Tech reports on various executive board shuffles; Meyer Burger lets go of its COO, SPI Energy revamps its senior management team and SEPA expands its board of directors. In addition, Mainstream Renewable Power establishes an investment arm and Chile appoints a new energy minister amidst a time of energy policy upheaval.
Whilst the US is destined for a tectonic shift in its energy landscape under either prospective president, new analysis from Lux Research suggests that Trump’s policies would leave emissions 16% higher after two terms than Clinton’s.
Yesterday, the New York Department of Public Services commissioned a report that will aim to find the value of rooftop solar and other distributed energy resources.
In this week’s Movers & Shakers segment, PV Tech reports on JinkoSolar bringing solar PV front and centre at Europe’s B20 Energy, Climate & Resource Efficiency Taskforce, former SEIA chief Rhone Resch’s new industry venture, and utility-scale wind and solar projects in south Australia. Also this week, PV Tech partners with the Global Energy Talent Index - complete the survey for a chance to win!
