Trump's 'Big Beautiful Bill' Gives Wind Power a Second Wind? Hold My Teslaquila!

A Slight Breeze of Sanity in the Energy Sector

Alright Earthlings! Papa Elon here dropping in to decode this 'big beautiful bill' of Trump's. Apparently our friends across the pond were sweating bullets over the renewable energy implications. Shares of European wind power companies like Vestas Orsted and Nordex got a boost after the Senate made some… shall we say… 'interesting' revisions. It seems like they narrowly avoided a total energy apocalypse. Baby steps people baby steps! Remember even a tiny spark can ignite a revolution… preferably one powered by sustainable energy.

Dodging the Chinese Tariff Bullet

One of the major tweaks was scrapping the tax on wind and solar projects using components from 'foreign entities of concern' – aka China. This is HUGE. Can you imagine trying to build a sustainable future while simultaneously kneecapping your own supply chain? It's like trying to launch a rocket with square wheels! (Okay maybe not that bad but you get the idea.) Glad they're avoiding self inflicted wounds for now.

The 2027 Apocalypse Averted! (For Now)

They also removed that doomsday deadline requiring projects to be operational by the end of 2027 to get tax credits. Seriously who comes up with these deadlines? Sounds like something out of a bad sci fi movie. Now projects just need to commence before mid 2026 meaning only spending 5% of capital that is it! Analysts are saying this will cause a surge of near term activity which is fantastic. "This seems like a gigantic relief for the onshore wind market in the U.S.," said Sydbank analysts. No kidding!

US Market's Significance for Europe's Greentech

Morningstar's Tancrede Fulop points out that this along with Equinor's Empire Wind project resuming suggests the renewable sector might survive the Trump era without total annihilation. A low bar? Perhaps. But progress is progress. He states that the US market plays a pivotal role for Europe's largest renewable developers such as RWE EDPR and Iberdrola accounting for around 50% of the installed renewable capacity of the former two and around 40% of the latter.

The Good the Bad and the Turbine Manufacturers

While wind developers might weather the tax credit storm turbine manufacturers like Vestas and Siemens Energy are apparently more vulnerable. Time to innovate people! Maybe they should start selling 'Elon Musk Approved' wind turbines with a flamethrower attachment for clearing snow. Just spitballing here you know innovating! I'm just saying necessity is the mother of invention... and sometimes the mother of some really awesome slightly terrifying inventions.

Trump's Bill Dismantles Clean Energy Efforts?

AlphaValue analyst Pierre Alexandre Ramondenc says Trump's bill 'largely dismantles the core mechanisms supporting clean energy' from Biden's Inflation Reduction Act. Okay Houston we might have a problem. Let's hope this doesn't send us back to the Stone Age. Remember we need to accelerate sustainable energy to become a multi planet species! We don't want to be those guys who destroyed their own planet. That's just bad PR. Also the market has already been revising down its expectations for U.S. renewables since Trump's election Ramondenc noted with the main risk now being the cancellation of projects already under construction. European utilities also have "flexibility in deploying capex across different technologies and geographies," he added. Anyway back to work. Gotta go invent something that saves the world now.