Effect of U.S. Steel and Aluminum Tariffs On Renewables

  • ID: 4542485
  • Report
  • Region: United States
  • Wood Mackenzie
1 of 2
Last week, President Trump codified "Section 232" tariffs on imported raw and semi-finished steel and aluminum. As steel and aluminum are found in critical wind, solar and energy storage components, cost increases will likely trickle into the renewables value chain. That said, the exclusion on finished goods and notable geographic exemptions for Mexico and Canada may blunt the overall project cost impact. In this note, GTM Research and MAKE analyze potential effect of new U.S. steel and aluminum tariffs on domestic component manufacturers and renewable plant LCOEs.
Note: Product cover images may vary from those shown
2 of 2

Loading
LOADING...

3 of 2
Note: Product cover images may vary from those shown
Adroll
adroll