DAVOS: Complex U.S. Policy Environment Softened Demand for Wind Energy Products, GE Vernova CEO Says -- Market Talk

Dow Jones01-21

1254 GMT - A complex policy environment around wind energy has helped make demand for wind products considerably softer than for the rest of U.S. power-equipment maker GE Vernova's portfolio, Chief Executive Scott Strazik tells Bloomberg in an interview at the World Economic Forum in Davos, Switzerland. But such changes in order book demand often shift around energy policies that can change from one U.S. administration to another, he says. Strazik says that in the long term, a diverse set of technologies is needed to meet power equipment demand. A polarized world boosts the need for "more local manufacturing capability," he adds. (william.gray@wsj.com)

(END) Dow Jones Newswires

January 21, 2026 07:55 ET (12:55 GMT)

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