Wood McKenzie, an energy consulting firm, is anticipated to extend the associated fee of land wind power by about 7%if the US imposes tariffs on Mexico and Canada after China. In consequence, the US land wind power generation industry is anticipated to proceed.
The USA has decided to impose a ten% additional tariff on all Chinese products for the reason that 4th and 25% tariffs on all steel and aluminum products from the twelfth. In consequence, the associated fee of installation of land wind bee stations shall be about 7% and project costs will increase by 5%.
Particularly, the important parts needed for wind power are depending on imports, and if the tariff is applied, the turbine is anticipated to extend the associated fee by about 10%, which can affect the industry.
The US protection trade measures analyzed that the project shall be disrupted as a significant reason for increasing capital spending in renewable energy projects. Expert evaluation is that this measure might be steadily affected by the primary administration, where the impact was insignificant.
“The industry is in search of alternatives if the present situation is stable,” said Endri Rico Wood McKenzi, a senior researcher. I’ll take a room. ”
As of October last 12 months, the US installed a wind power of about 152GW, and the proportion of wind power has increased steadily, accounting for 12%of the entire power production. The wind turbine technology also developed and in 2023 it was $ 26 per MWH (about 37,000 won) per MWH.
Nevertheless, despite the federal government’s support within the second half of last 12 months, the industry’s current status will not be expected to be green as a consequence of the rise in investment as a consequence of the rise in costs.
By Lee Jae -seung, reporter Energy@aitimes.com
