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723GW of new global wind power capacity expected from 2019 to 2028

19 March 2019

50.2GW of new wind power was added globally in 2018, a 4% increase YoY and the third highest annual total on record, according to the Wood Mackenzie Power & Renewables 'Global Wind Power Market Outlook Update: Q1 2019' report.

News Release

U.S. solar market adds 10.6 gigawatts of PV in 2018

13 March 2019

For the third year in a row, the U.S. solar industry installed double-digit gigawatts (GW) of solar photovoltaic (PV) capacity, with 10.6 GW coming online in 2018. The amount was a 2 percent decrease from 2017. However, the forecast shows the market rebounding in the years ahead, according to the...

News Release

U.S. energy storage market to double two years running

06 March 2019

The U.S. energy storage market nearly doubled in 2018 and is expected to double again in 2019. According to Wood Mackenzie Power & Renewables and the Energy Storage Association’s (ESA) freshly released U.S. Energy Storage Monitor 2018 Year-in-Review, 777 megawatt-hours of grid-connected energy st...

News Release

Universal electricity access investment surpassed $500 million in 2018

04 March 2019

Total annual investment in the off-grid energy access sector surpassed $500 million in 2018, according to a new report from Wood Mackenzie Power & Renewables and Energy 4 Impact

News Release

US energy storage project pipeline doubles in 2018, nears 33 GW

06 December 2018

The pipeline for energy storage projects in the U.S. has doubled this year, ballooning to 32.9 gigawatts, according to the latest U.S. Energy Storage Monitor from Wood Mackenzie Power & Renewables and the Energy Storage Association (ESA). While not all of the projects will come to fruition, this ...

News Release

What do the US mid-term election results mean for renewable energy?

21 November 2018

The results of this year's U.S. mid-term elections may open a path for higher renewable portfolio standards and gigawatts of solar and wind deployments, according to a new analysis from Wood Mackenzie Power & Renewables.

News Release

EVs up to 67% less emissions intensive than ICE cars

05 September 2018

A typical mid-size electric vehicle (EV) can generate up to 67% lower greenhouse gas (GHG) emissions than a gasoline internal combustion engine (ICE) car on a well-to-wheel basis.

News Release

Alternate battery technology vendor ecosystem growing rapidly

16 August 2018

Wood Mackenzie Power & Renewables expects new flavours of NMC chemistry, including 532 (5 parts nickel, 3 parts manganese, and 2 parts cobalt) and 622 (6 parts nickel, 2 parts manganese, and 2 parts cobalt) to start gaining market share by 2019.

News Release

East Coast gas prices could rise 30 percent in five years

25 May 2018

In a recent study, Wood Mackenzie forecasts Australia's East Coast gas prices to rise up to 30 percent to between A$10 and A$13 /per gigajoule by the mid 2020s.

News Release

New dual-credit scheme can elevate Chinese electric vehicles industry

19 January 2018

Under heavy subsidies from the government, China's electric vehicles (EV) market has grown exponentially to overtake the United States as the world's largest EV market. However with subsidies fading out in two years' time, the Chinese government and EV manufacturers are pressed for time to sustain the growth momentum in EVs. Wood Mackenzie's latest research reveals that China's proposed dual-credit scheme can reshape the EV market for a more sustainable development beyond the abolishment of subsidies in 2020. The EV penetration rate is projected to hit 17% in 2035 as a result.

News Release

Key energy takeaways from Canada’s 2025 election

01 May 2025

Newly elected Prime Minister of Canada, Mark Carney, has made energy a key initiative of the new government, with goals to expand both conventional and clean energy, but decoupling energy flows away from the US may prove to be a challenge, according to Wood Mackenzie.

News Release

Energy storage’s meteoric rise breaks another record

19 March 2025

The U.S. energy storage market set a new record in 2024 with 12.3 gigawatts (GW) of installations across all segments, according to the latest U.S. Energy Storage Monitor report released today by the American Clean Power Association (ACP) and Wood Mackenzie. The report shows a total of 12,314 megawatts (MW) and 37,143 megawatt hours (MWh) deployed, representing increases of 33% and 34% respectively over 2023 numbers.

News Release

US energy storage installations reach new quarterly record in Q2 with 5.6 GW

26 September 2025

The US energy storage market set a record for quarterly growth in Q2 2025, with 5.6 gigawatts (GW) of installations, according to the latest U.S. Energy Storage Monitor report released today by the American Clean Power Association (ACP) and Wood Mackenzie.

News Release

Third-party ownership dominates US non-residential solar market, reaching 72% share in 2024

19 May 2025

Third-party ownership (TPO) of non-residential projects in the United States increased to 72% market share in 2024, up from 69% in 2023, according to the latest US Commercial Solar Competitive Landscape report from Wood Mackenzie.

News Release

With the US data center pipeline surging, regulated utilities are proving advantaged in meeting demand

19 June 2025

With data center demand booming in the US, vertically integrated regulated utilities are proving to be advantaged compared to deregulated markets in getting large loads connected to the grid, according to the new Horizons report from Wood Mackenzie.

News Release

Tariffs to increase costs and slow down development for US power industry

02 June 2025

Recent tariff policies in the US are set to increase the cost of power generation technologies, with energy storage seeing the biggest hike due to its dependence on Chinese imports, according to a recent report from Wood Mackenzie.

News Release

Global SMR pipeline surges 42% as data centres drive demand

13 May 2025

As energy demand grows, particularly driven by data centres and AI applications, the small modular reactor (SMR) nuclear pipeline surged 42% since last quarter to reach 47 gigawatts (GW), according to a new report from Wood Mackenzie.

News Release

Trump's One Big Beautiful Bill Act reshapes US energy landscape

10 July 2025

President Trump's One Big Beautiful Bill Act (OBBBA) represents a dramatic shift that will fundamentally reshape US energy markets.

News Release

OBBBA policy changes could reduce US residential solar adoption by up to 46% through 2030, but massive long-term market potential remains

04 August 2025

The recently passed One Big Beautiful Bill Act (OBBBA), which eliminates several key market drivers, including the Section 25D customer-owned investment tax credit (ITC) for residential solar systems after 2025, will hinder near-term US residential solar growth according to a new report from Wood Mackenzie. However, the long-term potential remains strong, with growth expected to return after 2028.

News Release

Proposed US tariffs could increase onshore wind costs by up to 7%, says Wood Mackenzie

11 February 2025

New trade tariffs and increased import restrictions in the US onshore wind power sector could lead to higher overall costs, threatening project viability and potentially slowing growth in the industry, according to a recent report from Wood Mackenzie.

News Release

Wood Mackenzie reveals sharply divergent regional power market trajectories in latest Global Outlook

02 July 2025

Global power markets are entering a period of unprecedented transformation characterized by sharply divergent regional paths, according to Wood Mackenzie's latest H1 2025 regional power Strategic Planning Outlooks.

News Release

Robust growth drives North America RNG market to 604 mmcfd capacity in 2025

26 June 2025

The North America renewable natural gas (RNG) market has demonstrated robust growth, expanding 35% since 2023 and adding a record 139 million cubic feet per day (mmcfd) in 2024, according to a recent analysis from Wood Mackenzie.

News Release

Wood Mackenzie donates solar power system to domestic violence shelter in Puerto Rico

06 March 2025

To honor the upcoming International Women’s Day, Wood Mackenzie, in partnership with Let’s Share the Sun and other third parties, recently donated 24 solar panels and 2 batteries of storage to a shelter for victims of domestic violence in Puerto Rico. The fully installed 10.8 kW-DC system and 27.2 kWh battery will provide a significant portion of the shelter’s power needs.

News Release

Wood Mackenzie launches Lens Power & Renewables

04 March 2025

Wood Mackenzie, the global insight business for renewables, energy, and natural resources, has launched Lens Power & Renewables, a new suite of products with interconnected data, analytics, and insights to navigate the energy transition.

News Release

Solar adds more new capacity to the grid in 2024 than any energy technology in the past two decades

11 March 2025

The United States installed a record-breaking 50 gigawatts (GW) of new solar capacity in 2024, the largest single year of new capacity added to the grid by any energy technology in over two decades. According to the U.S. Solar Market Insight 2024 Year in Review report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, solar and storage account for 84% of all new electric generating capacity added to the grid last year.

News Release

South America to add 160 GW of solar PV capacity by 2034

05 March 2025

Wood Mackenzie's latest report on the South American solar PV market reveals that the region will add 160 GWdc of solar capacity between 2025 and 2034, driven by diversification efforts, growing power demand, and favourable system economics. The report "South America Solar PV Market Outlook 2025" provides a comprehensive analysis of the region's solar energy landscape, power sector dynamics, 10-year solar PV installation outlook, and policy impacts across key markets.

News Release

US utilities have committed to 116 GW of large load capacity growth, equal to 15.5% of current US peak demand

04 September 2025

With 116 gigawatts (GW) of large load capacity committed or under construction, US utilities are planning for significant large load capacity growth—equivalent to 15.5% of current US peak demand—according to a new Wood Mackenzie study of major investor-owned utilities.

News Release

Power transformers and distribution transformers will face supply deficits of 30% and 10% in 2025

14 August 2025

As electricity consumption continues to surge in the US, pressure on power infrastructure such as transformers has intensified, with a supply shortage for power and distribution transformers to hit 30% and 10%, respectively, in 2025, according to a recent report from Wood Mackenzie, a leading energy research and consultancy firm.

News Release

Global EV charging ports to increase CAGR of 12.3% from 2026-2040, reaching 206.6M total ports

18 August 2025

According to Wood Mackenzie’s recently released Electric Vehicle (EV) Charging Infrastructure Forecast, EV charging ports will increase at 12.3% CAGR from 2026-2040, reaching 206.6 million ports globally.

News Release

Wood Mackenzie launches Nodal Price Forecast

28 August 2025

Wood Mackenzie, the global insight business for renewables, energy, and natural resources, has launched its Nodal Price Forecast solution.

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Search results: 376

723GW of new global wind power capacity expected from 2019 to 2028

U.S. solar market adds 10.6 gigawatts of PV in 2018

U.S. energy storage market to double two years running

Universal electricity access investment surpassed $500 million in 2018

US energy storage project pipeline doubles in 2018, nears 33 GW

What do the US mid-term election results mean for renewable energy?

EVs up to 67% less emissions intensive than ICE cars

Alternate battery technology vendor ecosystem growing rapidly

East Coast gas prices could rise 30 percent in five years

New dual-credit scheme can elevate Chinese electric vehicles industry

Key energy takeaways from Canada’s 2025 election

Energy storage’s meteoric rise breaks another record

US energy storage installations reach new quarterly record in Q2 with 5.6 GW

Third-party ownership dominates US non-residential solar market, reaching 72% share in 2024

With the US data center pipeline surging, regulated utilities are proving advantaged in meeting demand

Tariffs to increase costs and slow down development for US power industry

Global SMR pipeline surges 42% as data centres drive demand

Trump's One Big Beautiful Bill Act reshapes US energy landscape

OBBBA policy changes could reduce US residential solar adoption by up to 46% through 2030, but massive long-term market potential remains

Proposed US tariffs could increase onshore wind costs by up to 7%, says Wood Mackenzie

Wood Mackenzie reveals sharply divergent regional power market trajectories in latest Global Outlook

Robust growth drives North America RNG market to 604 mmcfd capacity in 2025

Wood Mackenzie donates solar power system to domestic violence shelter in Puerto Rico

Wood Mackenzie launches Lens Power & Renewables

Solar adds more new capacity to the grid in 2024 than any energy technology in the past two decades

South America to add 160 GW of solar PV capacity by 2034

US utilities have committed to 116 GW of large load capacity growth, equal to 15.5% of current US peak demand

Power transformers and distribution transformers will face supply deficits of 30% and 10% in 2025

Global EV charging ports to increase CAGR of 12.3% from 2026-2040, reaching 206.6M total ports

Wood Mackenzie launches Nodal Price Forecast

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