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The US wind sector rebounded sharply in 2025 with 8.2 GW of installations—a 49% year-on-year increase— and is forecast to reach around 11 GW in 2026, according to the US Wind Energy Monitor report released today by Wood Mackenzie. The report forecasts 48 GW of new wind capacity through 2030, wit...
China’s economy posted 5% GDP growth in Q1 2026 despite the energy crisis triggered by the Middle East conflict, but the negative impact will surface over time as strategic buffers are depleted and inflationary pressures constrain policy responses, according to a recent report from Wood Mackenzie.
A prolonged closure of the Strait of Hormuz poses the single greatest threat to global energy markets in decades, according to a new Horizons report from Wood Mackenzie, Strait Talking: Iran War Scenarios and the Future of Energy. More than 11 million barrels per day (b/d) of Gulf crude and condensate production is currently curtailed. Meanwhile, over 80 million tonnes per annum (Mtpa) of LNG supply, equivalent to around 20% of global supply, remains inaccessible to global markets.
Oil prices above US$100 per barrel have triggered windfall tax proposals in Brazil, the EU, the US, and Australia. A new Wood Mackenzie report warns that fiscal policy design has a long-term impact on Upstream investment and production.
Chinese companies are on course to control 39% of all lithium extracted globally by 2030, up from approximately one third in 2020, according to new analysis published by Wood Mackenzie. The findings, drawn from Wood Mackenzie’s Lens Metals & Mining platform, highlight a growing divergence betwee...
Wood Mackenzie's latest report “The ripple effect: How conflict is impacting global metals & mining” shows that the Middle East conflict, which escalated in early 2026, is driving cascading disruptions across global metals and mining supply chains. The Strait of Hormuz’s closure and damage to reg...
The engine type fitted to an LNG carrier when it was built is now the single most important factor in its compliance cost exposure. For a growing share of the global fleet, the numbers are turning against them, according to new analysis from Wood Mackenzie.
Wood Mackenzie has published new analysis outlining three distinct outcomes for global LNG markets following the closure of the Strait of Hormuz.
LONGi Green Energy ranked first in Wood Mackenzie’s Global Solar PV Module Manufacturer Ranking 2026, as shifting trade policies and continued oversupply reshaped competition across the global solar manufacturing sector.
The United States added 7.8 gigawatts (GW) of new solar capacity in the first quarter of 2026, surpassing 6 million cumulative installations as solar remained the leading source of new power added to the grid. Despite changing tax policy and regulatory actions targeting clean energy, solar and energy storage represented 91% of new capacity installed in Q1 as utilities, homeowners and businesses seek energy security amid global gas and gas turbine supply disruptions.
More than 32 GW of planned data center capacity across over 1,150 projects is reshaping how power grids accommodate large electricity users across Asia-Pacific, as regulators respond to surging demand with new requirements for reliability, flexibility and clean energy procurement.
Sungrow and Huawei retained the top position in Wood Mackenzie's 2026 Global Solar Inverter Manufacturer Ranking for the second consecutive year, as developers, investors and lenders place increasing emphasis on manufacturing diversification, cybersecurity readiness and long-term operational reliability when selecting inverter suppliers.
Cushing crude storage levels have plummeted in recent months. Inventories fell 11.3 million barrels (mmbbls) to less than 25 mmbbls between early April and early June, according to Wood Mackenzie. The firm's monitoring spans fixed-roof tanks, caverns, and floating-roof tanks, producing more compl...
The EU is on course to fall short of its legally mandated carbon capture and storage target by at least 17.5 million tonnes per annum, according to Wood Mackenzie's latest analysis, even if every project in advanced development proceeds as planned.
The U.S. energy storage market installed a record 3.3 gigawatts (GW)/8.4 gigawatt-hours (GWh) of battery energy storage systems in Q1 2026.
On federal lands, permitting changes and federal funding withdrawals directly contributed to 7 GW of project cancellations or inactivity in 2025, while heightened federal oversight could expose an additional 12 GW on federal lands and 80 GW on private lands, putting more than US $121 billion of investment at risk.
Chinese system integrators continued to dominate the global battery energy storage system (BESS) market in 2025, capturing 76% of global market share, according to “Global energy storage system integrator market share” 2026 by Wood Mackenzie.
The decade of cheap Henry Hub gas is coming to an end. Wood Mackenzie forecasts Henry Hub natural gas prices approaching US$5/mmbtu (real) by 2035, up from a nominal range of US$2 to US$4/mmbtu that held for most of the past decade.
Alcoa has agreed to acquire a portfolio of South32's aluminium, alumina and bauxite assets in a transaction valued at up to US$5.6 billion, in one of the most significant deals in the global aluminium sector in years. Wood Mackenzie analysis finds the transaction is strategically coherent for both parties, but the headline discount to fundamental value largely reflects conservative pricing assumptions and the inclusion of higher-cost downstream assets.
Wood Mackenzie has published analysis warning that accelerating declines in global fertility rates present a material risk to long-term energy demand projections, with a UN low-birth-rate scenario placing peak global population at 8.9 billion in 2053, followed by a contraction to 7.0 billion by 2100.
The global battery energy storage industry reached a major milestone in 2025, surpassing 100 GW of annual installations for the first time. As battery storage becomes critical infrastructure for modern power systems, Wood Mackenzie's first-ever Global Battery Energy Storage System (BESS) Integrator Comprehensive Ranking finds that buyers are increasingly selecting suppliers based on their ability to deliver across the entire project lifecycle.
Eni and PETRONAS' launch of Searah, a new 50:50 strategic venture spanning 19 upstream assets across Indonesia and Malaysia, has the potential to reshape Southeast Asia's upstream sector, according to new analysis from Wood Mackenzie.
India's data center market is entering a structural growth phase that positions the country as one of Asia-Pacific's most attractive infrastructure investment opportunities, according to Wood Mackenzie's latest report, India's Data Centre Landscape: Powering the Digital Economy.
New Wood Mackenzie research finds only 14.9 GW of the region's planned 53 GW gas-fired power pipeline is expected to come online this decade as turbine shortages, financing constraints and growing LNG dependence reshape Southeast Asia's energy transition
With a market heavily reliant on imported power inverters, the US solar market will have to shift rapidly to meet new FCC rules banning new foreign inverter products from approval and sale
The global robotics industry will consume as much electricity as France generates from nuclear power within a decade, according to Embodied AI: How Robotics Are Accelerating Global Power Demand, new Wood Mackenzie research. The finding arrives as energy capacity planning is already under pressure from AI data centres, making robotics a second and largely unmodelled demand on global electricity infrastructure.
New Wood Mackenzie research finds utility-scale system prices set to rise 20% by Q4 2026 as cell supply constraints bite
India's domestic battery manufacturing currently accounts for less than 1% of its approximately 260 GWh demand pipeline from competitive tenders in 2026, leaving the country structurally dependent on imports even as policy ambition accelerates, according to ‘Chasing Self-Sufficiency: Cost of Building an Indigenous Battery Storage Supply Chain in India'.
Latin America’s energy storage market is entering a period of rapid and sustained expansion. Wood Mackenzie’s Latin America energy storage outlook 2026 projects cumulative capacity will grow from 2.5 gigawatts (GW) in 2025 to 34 GW by 2035, a compound annual growth rate (CAGR) of 30%. Accelerating tender activity, rising renewable curtailment and unmodernized transmission infrastructure are the primary forces behind this growth.
US Executive Order 14420, banning imported bulk-power equipment from certain nations, in particular China, could impact a market of more than $22 billion in imports since 2025 and test an already stressed supply chain for importers, according to a recent Wood Mackenzie analysis.
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