China’s carbon neutrality bill could hit over US$5 trillion

• 08 octubre 2020

Wood Mackenzie’s latest analysis shows over US$5 trillion of investments would be needed for China to reach its pathway for carbon-neutrality by 2060.

Over $16 billion of wind turbine capacity ordered in Q2 2020

• 14 octubre 2020

The second quarter of 2020 saw more than 17 GW of wind turbine capacity ordered globally. This equates to an estimated $16 billion, according to new analysis from Wood Mackenzie.

PV module innovations to help drive down solar costs in coming decade

• 19 octubre 2020

The global solar industry has experienced tremendous growth in the past decade as the annual demand for solar rose year after year while the cost of solar declined significantly. In the 2020s, solar module costs will continue to fall, albeit at a much slower rate. Instead, improvement in module efficiency and power class will propel the declining capex trend forward and ultimately lower the solar levelised cost of energy (LCOE), new research from Wood Mackenzie found.

323 million electric vehicles will be on the roads by 2040

• 19 agosto 2020

Electric vehicle (EV) sales are expected to reach 45 million units per year by 2040, with a total global EV stock of 323 million, according to new research from Wood Mackenzie.

Webinar | 2020 Analyst Roundtable: The State of Decarbonization

• 19 noviembre 2020

In this webinar, hosted by Greentech Media, Wood Mackenzie analysts will share high-level power and renewables forecasts for the Americas and reflect on feasible timelines for decarbonization given the current pace of change. Analysts will present on wind, solar, building electrification, EV charging, and other key decarbonization drivers in the Americas. Exelon, our sponsor, will also present on their approach to reducing greenhouse gas emissions and advancing clean-energy solutions.

Green hydrogen costs to fall by up to 64% by 2040

• 25 agosto 2020

Green hydrogen costs will fall by up to 64% by 2040, according to new research from Wood Mackenzie.

US energy storage market sets Q2 record for deployments

• 03 septiembre 2020

According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest 'US Energy Storage Monitor' report, 168 MW were deployed in Q2 2020. This is an increase of 72% quarter-over-quarter, 117% year-over-year and is the second-highest quarterly total ever seen, falling just behind Q4 2019 (186.4 MW).

Asia Pacific power generation could attract US$1.5 trillion investments this decade

• 08 septiembre 2020

Wood Mackenzie’s latest report shows that the power generation sector in Asia Pacific could attract US$1.5 trillion worth of investments over the decade ending 2030.

China’s gas power plants bleed under pressure from lower tariffs and trade war

• 15 septiembre 2020

China’s gas power plants are struggling to stay afloat as they face mounting pressure from lower tariffs and the ongoing trade war, says Wood Mackenzie.

Renewable energy could reduce Asia Pacific LNG plant emissions by 8%

• 17 agosto 2020

Using renewable energy to power liquefied natural gas (LNG) plants in Asia Pacific could reduce emissions by about 8%, says Wood Mackenzie.

LFP to overtake NMC as dominant stationary storage chemistry by 2030

• 17 agosto 2020

Lithium-iron-phosphate (LFP) is poised to overtake lithium-manganese-cobalt-oxide (NMC) as the dominant stationary storage chemistry within the decade, growing from 10% of the market in 2015 to more than 30% in 2030, according to new analysis from Wood Mackenzie.

Record number of microgrids installed in US last year

• 22 julio 2020

546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie.

Mexico, Central America and Caribbean power up with record wind capacity

• 18 junio 2020

Mexico, Central America and the Caribbean saw a record 1,830 megawatts (MW) of new wind power capacity installed across the region in 2019 – a 126% year-on-year increase in additions, according to new research from Wood Mackenzie.

Energy storage market poised for a boom Down Under

• 06 julio 2018

Looking at behind-the-meter, Australia was the biggest residential storage market in the world in 2017, with a tripling of residential storage deployments over the previous year. High retail electricity rates and diminishing or expiring feed-in tariffs have encouraged residential solar customers to choose storage for self-consumption benefits. As a result, over the past few years, Australia has been the preferred testbed for new residential energy storage products, as several technology vendors have first introduced their residential product portfolios in the country.

India's renewables to contribute 13% of power generation mix in five years, double the amount today

• 15 octubre 2018

India’s renewables target of 175 GW capacity (100 GW of solar and 75 GW of wind) by 2022 is an ambitious endeavour. Even with significant cost declines, Wood Mackenzie expects about 76% of the target to be met by 2022 and this would still be a noteworthy achievement. Wood Mackenzie's solar analyst Rishab Shrestha explains why.

Is the end of the global energy transition closer than we think?

• 17 octubre 2018

Is the Global Energy Transition on track? A new report by Wood Mackenzie, Thinking global energy transitions: the what, if, how and when, explores the forces shaping the energy transition, and pinpoints the sustainability tipping point – when the world shifts from the age of oil and gas to the age of power and renewables – will arrive by 2035.

Chinese wind asset owners keep their grip on global top 25

• 19 octubre 2018

Chinese operators remain the leaders of the global wind asset market, according to new research from Wood Mackenzie Power & Renewables.

Years of growth ahead for Eastern European onshore wind

• 23 octubre 2018

Onshore wind energy in Eastern Europe, Russia and the Caspian will experience a compound annual growth rate of 9% from 2018 to 2027, according to new research by Wood Mackenzie Power & Renewables.

Asia-Pacific solar demand to decline first time this year

• 24 octubre 2018

After a decade of stellar growth, Wood Mackenzie forecasts that solar demand in the Asia-Pacific will decline for the first time this year. Compared to 2017, the region's solar demand will dip 18% to 59 GW in 2018 due to declining installations in China, India and Japan.

Asia-Pacific offshore wind capacity to rise 20-fold in next decade

• 24 octubre 2018

New research from global natural resources consultancy Wood Mackenzie indicates Asia-Pacific's offshore wind capacity will rise 20-fold to 43 GW in 2027.

European energy storage markets heating up with total deployments nearing global highs

• 20 noviembre 2018

According to a new report from Wood Mackenzie Power & Renewables, an increasing number of major utilities have made strategic plays by investing in a relatively new European energy storage market over the past two years

New technology investments to boost growing global wind market

• 06 diciembre 2018

Wind turbines are set to become even bigger and better in an effort to maintain consistent downward trends of Levelized Cost of Electricity (LCOE), according to new research by Wood Mackenzie Power & Renewables. “Rapid technology developments have been a large driver of elevating wind to a compet...

Who will finance Asia's coal power projects?

• 05 enero 2018

Historically, coal has played a key role in meeting Asia's growing power demand. However environmental concerns has led to more stringent regulations and commitments towards tighter emission controls globally. Increasingly over the last year, financing institutions (mostly export credit agencies (ECAs) in OECD countries and European banks) have announced plans to stop investing in coal power projects. This could impact Asia since we expect growth in power demand through to 2035, and this calls for new power capacity, including coal-fired ones.

Electric vehicles – transportation disruptor, part 1

• 24 julio 2018

There will be just 5 million EVs on the road by the end of 2018, minuscule penetration into a global car stock of 1.2 billion cars. But with faster acceleration, longer life, fewer moving parts and less maintenance, and no tail pipe emissions EVs are going to be big – really big.

EV growth will require massive charging infrastructure build-out

• 01 agosto 2018

Why the growth of Electric Vehicles will require massive charging infrastructure build-out? Learn more.

Electric Vehicles – transportation disruptor, part 2

• 31 julio 2018

We explored how the market for EVs might develop in Part 1. This week Ed Rawle, Head of Oils Research, chats about the implications for global oil demand.

South Australia: batteries & renewables to start displacing gas as early as 2025

• 27 septiembre 2017

By 2025, wind, solar and battery costs will fall by 15%, 25% and 50%, respectively, and renewables are expected to double in capacity to account for 67% of South Australia’s total power capacity.

Will renewables leave new LNG exports in the dark?

• 18 noviembre 2016

Oil and gas prices aren’t the only things that have fallen — renewable energy costs have, too.

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