Utility Dive•about 2 months ago
US manufacturing dips despite improved demand: PMI
Key Takeaway
A decline in US manufacturing due to policy uncertainty signals reduced industrial electricity demand and a challenging environment for large power consumers, impacting future load growth and PPA opportunities for developers.
AI Summary
- •US manufacturing production deteriorated after September, indicating a slowdown in industrial activity.
- •Tariffs and broader policy uncertainty are cited as key factors weighing on manufacturers across various sectors.
- •This trend suggests potential for reduced industrial electricity demand growth, impacting future load forecasts and PPA opportunities for developers and large power consumers.
Topics
policyppa