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Residential solar in the US suffered two damaging blows last year: higher interest rates and changes to net metering rules in California. The upside has been a boom in sales of solar systems with battery storage attached.
The LNG industry is facing growing pressure to decarbonise. But this can't be achieved without major investment, pushing up the price of delivered LNG. Buyers have so far been reluctant to pay a premium for low-carbon volumes. Taxing LNG emissions could change this. Europe is leading the way, with the EU taxing the fuel emissions of LNG vessels from this year. While an important first step, much more is required for the industry to decarbonise at scale.
Wood Mackenzie continues to support improved energy access and energy security in Puerto Rico through our partnership with Let’s Share the Sun.
Excess capacity has sent solar panel prices tumbling. In the early 2010s, the stretch goal was to get the cost down to 50c a watt. Now they are selling in China for just 11c. That is great for solar deployment, but less good for manufacturers.
The Review of Electricity Market Arrangements focuses on four key challenges in its second stage of consultation
The ethylene industry is tackling emissions through a raft of new carbon-cutting measures. These bring promise, but also considerable challenges, as some regions face the fall-out of their carbon pricing policies
The Middle East is faced with a significant challenge – building a new energy economy means accelerating nascent diversification efforts and pushing towards ambitious net zero goals.
The Carbon Border Adjustment Mechanism has big implications for international trade patterns
How Wood Mackenzie helps investors and financial companies make better decisions in the ever-changing power and renewables landscape
Simplified tariffs will facilitate supply optimisation and gas-on-gas competition
How these major US electricity grid operators are using new policies, planning and technologies to improve their services
The current combined production for the companies is over 150 kboe/d but they offer different value propositions.
The US energy storage market shattered previous records for deployment across all segments in the final quarter of 2023, with 4,236 megawatts (MW) installed over the period, a 100% increase from Q3 according to a new report released today.
Russian waterborne product exports see substantial cuts, will crude loadings be next?
Celebrating the very best of another year of outstanding analysis, with insights into CBAM, energy transition scenarios, solar-plus-storage, RNG, tight oil cost inflation and more.
Wood Mackenzie analysts discussed the impact of the Inflation Reduction Act’s new Foreign Entities of Concern rules for the 30D federal EV tax credit on the global metals and mining sector.
Global wind turbine order intake hit new highs in 2023 with 155 gigawatts (GW) procured for the year, an increase of 16 GW from 2022.
Up to 30 upstream projects larger than 50 million of barrels of oil equivalent (boe) could reach FID in 2024, an increase from 22 in 2023, according to a new report from Wood Mackenzie.
How will changes in supply and demand affect pricing dynamics for European gas in 2024 and beyond?
Top residential solar installers see market shares decrease
It has been written off many times, but the oil producers' group remains relevant. In the long term, its influence could grow.
On International Women’s Day, Wood Mackenzie, in partnership Let’s Share the Sun and other third parties, dedicated 51 solar panels and battery storage to a shelter for victims of domestic violence in Puerto Rico. The fully installed 25 kW-DC system will provide a significant portion of the shelter’s power needs.
More than 100 gigawatts (GW) of global renewable energy capacity is expected to be tendered in 2024. With more than 60 GW to be offshore wind, the overall volume is set to grow as the year progresses and will match 2023 levels.
Solar has a strong growth outlook, but many uncertainties lie ahead
Some upstream oil and gas sectors gave us supply surprises in 2023, with some regions producing above expectations, others disappointing. What didn’t disappoint was the level of excitement around M&A, which features throughout the regions in our latest global upstream update.
The world will have 5.7 TWdc of solar by 2033, largely driven by China
Utilities already grappling with decarbonisation and climate risks now face growing demand from data centres to support AI applications.
In this bonus episode from Distributech, Ed is joined by Quinn Nakayama, from Pacific Gas and Electric Company (PG&E). They have an in-depth discussion on how the rise in EVs is forcing utilities to rethink infrastructure, optimise energy use, and plan for a very different future.
Policy support is key to unlocking the potential for bioenergy by de-risking aspects of the value chain.
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