Wood Mackenzie cuts five-year US wind energy outlook 40 per cent on Trump policies

Energy research firm Wood Mackenzie slashed its five-year outlook for new US wind energy projects by 40 per cent on Tuesday, citing Trump administration policies and concerns about the economy.

Wood Mackenzie expects the United States to install 45.1 gigawatts of wind, both onshore and offshore, through 2029. It had originally forecast installations of 75.8 GW over that period, the firm said in a statement.