Northwest Europe Doubles Down on Offshore Wind despite Trump’s Jab

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Northwest European countries are doubling down on offshore wind power despite criticism from U.S. President Donald Trump, with nine countries pledging to accelerate offshore wind capacity through large-scale cross-border projects.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Nine northwest European countries are set to commit to speeding up the deployment of offshore wind capacity on Monday, days after U.S. President Donald Trump criticized “money-losing windmills”, which, he said, were partly to blame for Europe’s economic decline. The UK, Ireland, Germany, France, Belgium, Luxembourg, the Netherlands, Denmark, and Norway will pledge on Monday at the international North Sea Summit in Hamburg, Germany, to accelerate offshore wind power via large-scale cross-border projects, according to a draft declaration…

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Original article published by OilPrice.com on January 23, 2026.
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