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Global power demand surge puts net zero by 2050 out of reach as world heads toward 2.6°C warming

29 October 2025

Surging power demand and mounting geopolitical tensions have made 2050 net zero goals unattainable, with the world now on track for 2.6°C of global warming.

News Release

UK’s AR7 offshore wind auction tees-up a ‘win-win-win’ for policymakers, developers, and suppliers

12 November 2025

With the launch of the UK's Contracts for Difference (CfD) Allocation Round 7 (AR7), strategic recalibrations compared to past auctions could deliver stability to the offshore wind market amid an intense political and economic battleground over net zero targets and public spending, according to a recent insight from Wood Mackenzie.

News Release

US energy storage installations through Q3 2025 surpass 2024 totals

16 December 2025

The U.S. energy storage market continued steady growth in Q3 2025, with 5.3 gigawatts (GW) installed nationwide, pushing 2025 year-to-date totals ahead of combined 2024's 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

China’s coal-fired power generation declines for the first time since 2015

10 February 2026

China's coal-fired power generation decreased 1.9% in 2025, marking a historic shift driven by new non-fossil generation that has finally outpaced demand growth, according to a recent report from Wood Mackenzie.

News Release

Middle East's ambitious climate goals at odds with current trajectory

26 February 2026

The Middle East's energy transition is progressing unevenly, with ambitious 2050 and 2060 climate targets increasingly at odds with current trends, according to Wood Mackenzie's latest Energy Transition Outlook for the region.

News Release

Newly added US data center capacity slows down considerably in Q4 2025, as market struggles to keep up with explosive demand

16 March 2026

25 gigawatts (GW) of new data center capacity was added to the funnel in Q4 2025, half of Q3 additions, signaling a challenging development environment and a focus on the existing pipeline.

News Release

Recycling alone can ease raw materials supply pressure but cannot meet demand

13 June 2022

While recycling can relieve some pressure from the supply deficit of battery raw materials, it will not be able to meet demand, says Wood Mackenzie.

News Release

US commercial solar project acquisitions see dramatic price variation over 2018-2021

08 June 2022

US commercial solar project acquisitions continue to attract investor attention as interest in ESG investing grows. Today’s buyers and sellers of commercial solar projects are contending with the opposing dynamics of higher interest rates and increasing power prices. These findings come from the Commercial Solar PV Project Acquisition Trends report released today by Wood Mackenzie, a Verisk business (Nasdaq: VRSK), and Open Energy Group (OEG), a technology-driven marketplace for renewable energy asset sales and project finance.

News Release

U.S. Solar Industry Sees Worst Quarter Since 2020

07 June 2022

The U.S. solar industry had its lowest quarter of installations since the start of the coronavirus pandemic, according to the U.S. Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business. In Q1 2022, price increases and supply chain constraints continued to suppress the solar market as the industry installed 24% less solar capacity than Q1 2021.

News Release

Look beyond bid price and lease fees to win in trillion-dollar offshore wind sector

18 May 2022

Cumulative global capex spend in the offshore wind sector is expected to hit US$1 trillion by 2031, according to a new report by Wood Mackenzie. However, investors will no longer only be competing on price alone.

News Release

How the energy transition can reduce the risk of future shocks

21 April 2022

Five key lessons from today's energy crisis on how to manage the shift to lower-carbon sources while strengthening energy security

News Release

World must double-down on plans to achieve net zero by 2050

23 March 2022

Over the last year, strong demand recovery and a lack of investment in supply has caused prices to rise across sectors. Energy security and geopolitical tensions have added unprecedented uncertainty to markets across the globe. On top of that, countries and corporations still bear the massive challenge of limiting global warming to 1.5 ˚C.

News Release

Global lithium-ion battery capacity to rise five-fold by 2030

22 March 2022

Global cumulative lithium-ion battery capacity could rise over five-fold to 5,500 gigawatt-hour (GWh) between 2021 and 2030, says Wood Mackenzie.

News Release

Utility evolution in Africa to reshape global electricity demand

17 March 2022

Sub-Saharan Africa offers an alternative vision of how the energy transition will change power generation, according to research released today by global energy consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

News Release

Wood Mackenzie brings light to homes in Puerto Rico

08 March 2022

A team of three analysts from global energy consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), are in Puerto Rico this week helping install solar panels on homes as part of a new initiative with charity Let’s Share the Sun Foundation.

News Release

Renewable power in Asia Pacific gains competitiveness amidst cost inflation

11 January 2022

Asia Pacific’s levelised cost of electricity (LCOE) for renewable power broke historical trends and rose in 2021 but still gained ground against fossil fuel power says Wood Mackenzie.

News Release

Sweden could become a pioneer in green steel production

21 December 2021

Sweden has shown it has potential to become a pioneer in green steel production, says Wood Mackenzie.

News Release

Global installed wind power capacity set to grow by 9% to 2030

15 December 2021

Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie.

News Release

Solar prices continue to rise but Build Back Better Act will boost installs 31% through 2026

14 December 2021

For the second quarter in a row, trade policy uncertainty and supply chain constraints are driving solar price increases across all market segments, according to the US Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

News Release

Li-ion battery recycling not expected to take off before 2030

08 December 2021

Lithium-ion (Li-ion) battery recycling is not expected to take off before 2030, according to a new report by Wood Mackenzie.

News Release

China could ease restrictions on Australian coal and increase supply to alleviate power crunch

08 October 2021

Wood Mackenzie believes that Chinese authorities could allow customs clearance of stranded Australian thermal coal. In addition, the local governments in Yulin region of Shaanxi province and Inner Mongolia have announced yesterday that they will be increasing coal supply to meet demand.

News Release

Global energy storage set to triple in 2021

07 October 2021

New research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows annual global storage deployments will nearly triple year-on-year, reaching 12 GW/28 GWh in 2021. Across the world, economic recovery is top of mind for politicians, with renewable energy integration taking centre stage. Despite disruptions from the Covid-19 pandemic, Wood Mackenzie’s Global Energy Storage Outlook, released today, forecasts nearly 1 TWh of total demand from 2021-2030.

News Release

US solar prices on the rise

14 September 2021

Despite the addition of 5.7 gigawatts (GWdc) of solar capacity in Q2 2021, supply chain constraints are leading to price increases across every solar market segment, according to the U.S. Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

News Release

Drought puts pressure on Brazil’s power sector

08 September 2021

The severe drought in Brazil will contribute to an extremely tight power balance in the country, new research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows.

News Release

Steel sector emissions must fall 75% under 2°C scenario

10 August 2021

Carbon emissions in the steel sector must fall by 75% from today’s levels to limit global warming to within 2 degree Celsius (°C), says Wood Mackenzie.

News Release

Solar energy to boost demand for base metals

09 August 2021

According to a new report from Wood Mackenzie, a Verisk business (Nasdaq:VRSK), solar power will have a significant impact on demand for aluminium, copper, and zinc, with the usage of all three metals in the sector set to double by 2040.

News Release

Next commodities supercycle will be driven by global energy transition

15 July 2021

Another commodities supercycle is on the horizon, but it will be different from any that have come before. Fossil fuels won’t be in the vanguard and the winners will be the industrial metals needed to electrify society - cobalt, lithium, copper, nickel, and aluminium.

News Release

EU’s ‘Fit for 55’ lays out bloc’s green blueprint

14 July 2021

Europe is at the forefront of the shift to net zero, both in ambition, but also in terms of how to make rapid and deep decarbonisation a reality. The world needs to reduce carbon dioxide (CO2) emissions as quickly as possible. Not doing so means we will need to turn to expensive and unproven technologies to withdraw CO2 from the atmosphere later this century.

News Release

New global wind power life cycle emissions to reach 55 Mt CO2 from 2020-2050

08 July 2021

According to Wood Mackenzie, a Verisk business (Nasdaq:VRSK), global wind power life cycle emissions will reach 55 million tonnes of carbon dioxide equivalent (Mt CO2) from 2020 to 2050, a result of wind power capacity expanding five-fold to 3.7 terawatts from 2020 to 2050. This is roughly equivalent to four times the US’s total power capacity in 2020.

News Release

Asia Pacific renewables generation investments could hit US$1.3 trillion by 2030

22 June 2021

Asia Pacific renewables (wind and solar) generation investments could double to US$1.3 trillion over the current decade to 2030 compared to the previous decade (2011 – 2020), says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

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Search results: 377

Global power demand surge puts net zero by 2050 out of reach as world heads toward 2.6°C warming

UK’s AR7 offshore wind auction tees-up a ‘win-win-win’ for policymakers, developers, and suppliers

US energy storage installations through Q3 2025 surpass 2024 totals

China’s coal-fired power generation declines for the first time since 2015

Middle East's ambitious climate goals at odds with current trajectory

Newly added US data center capacity slows down considerably in Q4 2025, as market struggles to keep up with explosive demand

Recycling alone can ease raw materials supply pressure but cannot meet demand

US commercial solar project acquisitions see dramatic price variation over 2018-2021

U.S. Solar Industry Sees Worst Quarter Since 2020

Look beyond bid price and lease fees to win in trillion-dollar offshore wind sector

How the energy transition can reduce the risk of future shocks

World must double-down on plans to achieve net zero by 2050

Global lithium-ion battery capacity to rise five-fold by 2030

Utility evolution in Africa to reshape global electricity demand

Wood Mackenzie brings light to homes in Puerto Rico

Renewable power in Asia Pacific gains competitiveness amidst cost inflation

Sweden could become a pioneer in green steel production

Global installed wind power capacity set to grow by 9% to 2030

Solar prices continue to rise but Build Back Better Act will boost installs 31% through 2026

Li-ion battery recycling not expected to take off before 2030

China could ease restrictions on Australian coal and increase supply to alleviate power crunch

Global energy storage set to triple in 2021

US solar prices on the rise

Drought puts pressure on Brazil’s power sector

Steel sector emissions must fall 75% under 2°C scenario

Solar energy to boost demand for base metals

Next commodities supercycle will be driven by global energy transition

EU’s ‘Fit for 55’ lays out bloc’s green blueprint

New global wind power life cycle emissions to reach 55 Mt CO2 from 2020-2050

Asia Pacific renewables generation investments could hit US$1.3 trillion by 2030

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