U.S. Tariffs to Trigger Energy Crisis Amid Global Economic Uncertainty: Research

U.S. tariffs to trigger energy crisis amid global economic uncertainty: research

The sweeping U.S. tariffs imposed by the Trump administration are inflicting severe damage across the country's energy sector, from oil production to renewable power development, a new analysis revealed.

Tariffs spell harm to U.S. solar and energy storage industries

A recent Wood Mackenzie report examines two possible tariff scenarios and concludes that costs will skyrocket for both utility-scale solar development and battery energy storage systems.With much uncertainty around the final tariffs on solar and energy storage components coming into the United States, one thing that is certain, according to a recent report from Wood Mackenzie entitled “All aboard the tariff coaster: implications for the US power…