** Analysts at Jefferies say the outlook for U.S. offshore wind sector is weaker in 2025 under President Donald Trump despite a significant increase in projected electric demand in the past year
** The sector will be weighed down by factors such as legal risks, tariffs and supply chain concerns - Jefferies
** "Data centers demand 24/7 electricity with an emphasis on timely construction. Unfortunately, offshore wind is neither low cost nor speedy," - Jefferies
** The cost of offshore wind projects is materially higher than almost all other competing sources such as natural gas, onshore renewables and nuclear energy - brokerage
** Jefferies adds it does not see buying opportunities in Dominion Energy D.N and Eversource Energy ES.N
** Shares of both utilities were down marginally in morning trade
(Reporting by Vallari Srivastava in Bengaluru)
((Srivastava.Vallari@thomsonreuters.com;))
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