Renewable Energy After the Policy Shift
Green energy has dominated policy and investment for two decades. But shifting political winds, higher interest rates, and grid constraints are forcing a reckoning.
The New Reality
Subsidies are being rolled back in many countries. Offshore wind projects face cost overruns. Solar manufacturing is oversupplied. The easy money era is over.
Winners and Losers
| Segment | Outlook |
|---|---|
| Nuclear | Positive, bipartisan support |
| Offshore wind | Negative, cost overruns |
| Solar | Mixed, oversupply |
| Grid storage | Positive, essential |
Conclusion
The green transition is not dead, but it is entering a more disciplined phase. Investors should focus on cash-flow-positive companies with durable competitive advantages.
