Despite the recent regressive actions of the Trump Administration, the solar power industry has and will continue to thrive.
For progressives and environmentalists, the beginning of Trump’s presidential term and the ensuing 18 months have involved one piece of bad news after another. There is one very significant silver lining, however, which is the fact that market forces are stronger than Trump’s.
Trump may gain a few voters for promoting his support for coal power plants, but it will prove to be a futile effort. According to Inside Climate News, half of the nation was powered by coal in 2003, now it’s only 30 percent and declining. For example, the Tennessee Valley Authority utility once operated a total of 59 coal fired plants, of which more than half are now closed and the rest are being considered for retirement.
On the other hand, the U.S. solar industry continues to grow despite the decisions made in the White House. In fact, according to a recent post by The Solar Energy Industries Association (SEIA), the industry added 2.5 gigawatts of solar PV by the end of the first quarter, a 13 percent increase from 2017. This trend will continue as the prices for solar power decrease a bit more, making investments in fossil fuels seem like a gradually worse idea.
Trump’s solar panel tariffs are ultimately having a minor and short-lived effect on the industry. Prices for panels are falling, the tariffs are reduced over the next 4 years, and some solar companies are planning to build U.S. based manufacturing plants. In addition to those ideas, the residential solar industry is even less affected because the price of solar panels represents a relatively small part of the overall solar installation cost.
Solar may not presently represent a large portion of our nation’s total energy production, but market forces will guarantee that it will dominate one day soon. In fact, the pricing for solar already makes it a winner. The missing piece of the puzzle, energy storage, will reach market maturity as well real soon. It won’t be long before we have competitively prices solar plus storage solutions that can be implemented at every scale.
No matter what Trump or anyone else says, the coal industry is not coming back. Any legitimate energy industry analyst will tell you the same. The sooner our nation embraces renewables, the sooner our environment and economy will not only thrive, but become much more resilient.
Trump is trying to stop the cheap Chinese panels.
In conclusion, the solar industry is expected to continue thriving despite any actions taken by the Trump administration. The increasing demand for renewable energy, coupled with the declining costs of solar technology, has created a strong market that is not solely dependent on government support. Furthermore, state-level policies and incentives, as well as the growing awareness and commitment to combat climate change, will continue to drive the growth of solar energy. Therefore, regardless of any potential setbacks at the federal level, the future of solar remains bright.
In conclusion, the solar industry is poised for continued growth and success, regardless of any actions taken by the Trump administration. The increasing demand for renewable energy, the declining costs of solar technology, and the commitment of states and businesses to clean energy solutions are all factors that will contribute to the thriving of the solar industry. While there may be challenges and setbacks along the way, the momentum towards a sustainable future powered by solar energy is unstoppable.
In conclusion, the solar industry is poised for continued growth and success, regardless of any actions taken by the Trump administration. The falling costs of solar technology, increasing demand for clean energy, and widespread public support for renewable energy sources are all factors that will drive the thriving solar industry forward. Additionally, state and local governments, as well as private sector investments, are playing a crucial role in promoting and expanding solar power. Therefore, it is clear that solar energy will continue to flourish and play a significant role in our energy future, regardless of any potential setbacks at the federal level.
In conclusion, the solar industry is poised to continue thriving despite any actions taken by the Trump administration. The increasing demand for renewable energy sources, coupled with declining costs of solar technology, has created a favorable market environment that will sustain the growth of solar energy. Additionally, state-level policies and incentives, as well as the commitment of businesses and individuals to sustainable practices, will further support the expansion of solar power. Therefore, while political decisions may have some impact, the long-term outlook for solar remains positive and promising.
In conclusion, despite any actions taken by the Trump administration, the solar industry is expected to continue thriving. The increasing affordability and efficiency of solar technology, coupled with growing public demand for renewable energy, have positioned the solar sector for long-term success. Additionally, state-level policies and incentives, as well as the commitment of businesses and individuals to sustainability, will further drive the growth of solar energy. Therefore, it is clear that the future of solar is bright, regardless of any potential setbacks from the Trump administration.
In conclusion, the solar industry is poised for continued growth and success, regardless of any actions taken by President Trump. The declining costs of solar technology, coupled with increasing public support and demand for renewable energy, will ensure that solar power continues to thrive. Additionally, state-level policies and initiatives, as well as advancements in storage technology, will further drive the expansion of solar energy. Despite any potential setbacks or challenges, the future of solar remains bright.