Why the ‘Hype Phase’ of Wind and Solar Is Over

The Trump administration has taken a sharp turn from its predecessor regarding wind and solar energy, curtailing many of the loans, grants, and permitting that the Biden administration had put in place. Without government subsidies and regulatory support, energy analysts are questioning whether these industries can stand on their own merits. “We’ve reached the end of the hype phase, and the beginning of the reality phase,” Sam Romain, chairman of Americans for Energy Dominance, told The Epoch Times. “Technologies that lower costs, improve reliability, and strengthen the grid will grow,” Romain said. “Those that don’t will fade.” On his first day in office, President Donald Trump suspended new leases and permits for wind and solar on public lands and waters and raised fees for existing projects. Subsequently, his One Big Beautiful Bill Act set tighter deadlines to cut off subsidies to wind and solar energy projects, putting more than $300 billion in planned wind and solar investments at risk of cancellation....