Tariffs on $250 billion of Chinese imports, as well as on metals from Europe and elsewhere, could raise the cost of wind power in the U.S. by as much as 10 percent, Tom Kiernan, chief executive officer of the American Wind Energy Association, said at a conference in New York. Executives from three of the world’s top turbine manufacturers agreed.................................
With federal tax credits for wind power winding down, strong growth is expected in 2019 and 2020 as developers scramble to qualify for the subsidy, according to Scott Stalica, general manager for North America equipment sales at General Electric Co.’s renewable energy unit. That pace is likely to be “disrupted” by trade levies.
“Whether we want to admit it nor not, there’s certainly disruption going on in the market right now,” Stalica said. “There’s a sense of urgency to get projects built. I expect that things will temper.”