The US wind industry is on high alert after President Donald Trump issued an executive order halting offshore leasing in federal waters and pausing both offshore and onshore permits, approvals and loans pending US Interior Department review. Though industry experts expected the incoming administration to block future offshore wind development and potentially rescind past lease sales and project approvals, the expansion into onshore wind "has the potential to catch the US power sector by surprise especially since it targets the few areas where federal authority can impede projects," Peter Gardett, head of energy transition research at financial services platform Karbone, wrote in a Jan. 21 note to clients.
