Energy analytics firm Wood Mackenzie has reiterated its earlier predictions that the renewable energy sector is likely to come under pressure under a second Trump administration but said that the likelihood of a full repeal of the Inflation Reduction Act (IRA) remains low. “The IRA has supported over US$220 billion in manufacturing investment and much of this has been concentrated in Republican-led states,” said David Brown, Director, Energy Transition Service at Wood Mackenzie in a press release. “The likelihood of a full IRA…
