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The UK government has doubled budget to secure 8.4 GW of offshore wind, prioritising volume over cost as RWE dominates the round.
The region’s resources are a key focus of increasing geopolitical attention, but what real potential is there for extracting them?
The coming year will see the global gas market move away from years of tightness toward a period of increased LNG supply. We look at the themes that will shape gas and LNG dynamics in 2026.
Could lower gas prices restore European industrial competitiveness, or will policy, regulation and security of supply issues get in the way?
Cyprus has been a bright spot for exploration over the last 7 years, with a string of giant gas discoveries. We estimate a total of 11 tcf of recoverable gas resource has been found. Can these be commercialised?
The GB power market has been hit hard by a painful combination of high commodity prices, pre-winter levels of availability and low wind output.
In this edition of Horizons, Wood Mackenzie have identified a potential breakthrough moment for green hydrogen commercialization.
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.
The petrochemicals industry has been enjoying boom conditions. But after several years of strong margin generation, storm clouds are gathering.
Philadelphia Energy Solutions has announced its intention to shut down refinery operations permanently following a fire at the facility on June 21, 2019. Understand the impact of the closure of the 600,000-tonnes-per-year cumene unit at the site on global and US cumene markets.
European solar installations hit a five-year high in 2018, and the annual market should crack 20 gigawatts by 2021.
The IMO's regulatory changes on the sulphur content for marine fuels come into force in less than a year. Are European refiners ready to accommodate big shifts in fuel demand? And what will the new specifications mean for refining margins and fuel product prices?
With significant changes already underway for global crude trade, what will this mean for the industry in Asia?.
We've identified six key themes that will influence the global crude and refining markets in the next five years. Read on for a high level overview of these key areas.
Over the next five to six years global crude trade is expected to significantly change. This will impact the entire chain, from producers to investors. In this three part series, we look at the global story, the six key themes and finally, we focus on the likely impacts for Asia.
Find out what to look out for in this fast changing sector. Understand what is driving the investment rationale in renewables. And explore technological
2017 was a roller coaster year for the PET packaging market in West Europe. Our latest analysis has been based on a wide-ranging programme of interviews and discussions with participants throughout the PET recycling chain, including compliance agencies, reclaimers, traders and end users.
Where will a global LNG price reference emerge? Find out why the US Gulf Coast is likely to take the lead in the short term, with the global LNG market looking to China in the long term.
The olefins analysts at Wood Mackenzie Chemicals tell us about the upcoming trends in the industry. Learn about changing technologies and the impacts they will have, the 3 key trends for olefins in Europe and the impact of ethane export terminals.
What should the global polyethylene industry brace themselves for in 2018?.
Listen to this webinar to find out how Covid-19 and the emerging global recession are affecting European power and renewables markets.
What role do cities play in driving the energy transition? Find out in this complimentary report from Alan Gelder, VP of Refining, Chemicals & Oil Markets.
The implementation date for the IMO’s global fuel sulphur content cap is not far away. How will these changes affect the downstream, upstream, LNG and bulks sectors? And how prepared is the industry? Our experts share their views in this webinar.
When will Tesla make a profit? Will Tesla make a small car? Who makes Tesla batteries? Wood Mackenzie answers your frequently asked questions about US car manufacturer Tesla.
Covid-19 is a threat to global refiners. Who will thrive? Who will merely survive? And what does this tell us about refiners’ resilience and readiness to take on the energy transition?
The oil price crash has wiped US$1.6 trillion off our valuation of the global upstream industry. This captures the impact of our downgraded long-term Brent price assumption – now US$50/bbl (2020 terms), previously US$60/bbl – and much more. Which regions and players have been hit hardest? What measures have been taken to survive?
What will 2020 look like? And what could happen that will shape the market longer term?
The gas transit and supply contracts between Russia and Ukraine expire at 10 am on 1 January 2020 (Moscow time) – the future of Ukraine transit remains the largest uncertainty for global gas markets in 2020. We reflect on major events in Ukraine-Russia gas relations in this timeline, 2000 to 2019.
North-west Europe needs more regasification capacity – both to meet the region’s growing demand, and to soak up surplus volumes of liquefied natural gas (LNG) in the future, new research from global natural resources consultancy Wood Mackenzie shows.
Europe is the leading global producer of the net-zero carbon renewable gas, but continued growth depends on policy support
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