• News Release

  Wood Mackenzie and Let’s Share the Sun donate solar PV and energy storage system to women’s shelter in Puerto Rico

  • 08 marzo 2024

  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.

• News Release

  Government tenders to drive 102 GW of global renewable capacity in 2024

  • 07 marzo 2024

  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.

• News Release

  Asia Pacific could become a global leader in the energy transition

  • 21 febrero 2024

  Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.

• News Release

  U.S. solar cell production resumes for first time since 2019, as solar module manufacturing sets record in Q3

  • 04 diciembre 2024

  The United States added a record-breaking 9.3 gigawatts (GW) of new solar module manufacturing capacity in Q3 2024. At full capacity, U.S. solar module factories can produce enough to meet nearly all demand for solar in the United States.

• News Release

  Shell and Equinor combination creates a new UK superpower, says Wood Mackenzie

  • 06 diciembre 2024

  Addressing the announcement of Equinor and Shell combining UK offshore oil and gas assets in a newly incorporated joint venture, Gail Anderson, research director at Wood Mackenzie said, “This new venture will create the biggest producer on the UKCS and demonstrates the long-term attractiveness of the region.”

• News Release

  North Sea decommissioning faces challenges on several fronts, says Wood Mackenzie

  • 16 diciembre 2024

  The likelihood of a “dash to decom” in the North Sea remains limited due to a number of speed bumps that are slowing the widespread shut down of offshore assets, Wood Mackenzie reports.

• News Release

  Chevron moves closer to Canadian divestment target with $6.5B asset sale to CNRL

  • 08 octubre 2024

  Addressing Chevron’s announcement to sell Canadian assets to Canadian Natural Resources (CNRL) for US$6.5 billion Mark Oberstoetter, Upstream Research Director in Calgary, said “Chevron has shown commitment to its divestment target with two sale announcements in two weeks. Offloading Alaska assets to ConocoPhillips (COP) last week for US$300 million was a small step and made strategic sense given their lack of materiality in the Supermajor’s portfolio. Today’s announcement moves the company much closer to its US$10-15 billion divestment target.”

• News Release

  An additional £10 billion of North Sea value could be extracted from existing assets if the right fiscal and regulatory regime is established

  • 23 octubre 2024

  Up to £10 billion of North Sea oil and gas pre-tax value could be unlocked from existing assets if the UK government was to implement a fiscal system that encourages investment – and restores trust with the industry – according to new analysis by Wood Mackenzie.

• News Release

  Increased protectionist measures in US solar market could expand domestic manufacturing, but increase overall costs

  • 22 octubre 2024

  New trade tariffs and increased import restrictions in the US solar supply chain would expand domestic manufacturing, but create a more expensive market, potentially slowing down the growing sector, according to a recent report from Wood Mackenzie.

• News Release

  Global competitiveness of renewable LCOE continues to accelerate

  • 21 octubre 2024

  In 2024, the global landscape for Levelised Cost of Electricity (LCOE) continues to reflect significant advances in renewable energy technologies, with wind and solar power leading the way, according to the latest LCOE reports from Wood Mackenzie.

• News Release

  Guyana and Suriname could provide 12 mmtpa of cost-competitive LNG in the 2030s

  • 04 noviembre 2024

  Several gas developments are underway in Guyana and Suriname that could offer new competitive LNG supply sources early next decade, according to a new report from Wood Mackenzie.

• News Release

  H1 global wind turbine orders hit 91.2 GW, a 23% increase from year-ago levels

  • 16 septiembre 2024

  H1 global wind turbine orders hit 91.2 GW, a 23% increase from year-ago levels

• News Release

  Golden Pass LNG project delay to impact global gas markets with removal of new supply, according to Wood Mackenzie

  • 02 agosto 2024

  The new six-month delay to the Golden Pass LNG Terminal LLC planned start-up in Texas will remove a fair amount of new supply from the market in a period of intense growth, shifting the surge from 2026 to 2027 and impacting both the global and North American gas markets, according to analysis from Wood Mackenzie.

• News Release

  ConocoPhillips acquisition of Marathon Oil creates third largest producer in the US Lower 48, says Wood Mackenzie

  • 30 mayo 2024

  Addressing ConocoPhillips (COP) acquisition of Marathon Oil (MRO) in an all-stock transaction valued at US$22.5B, Alex Beeker, research director, corporate research for Wood Mackenzie said, “The addition of Marathon further solidifies ConocoPhillips in a league of its own, with few true peers. For ConocoPhillips, this is a diversified and balanced move across multiple geographies.”

• News Release

  US energy storage market sets Q1 capacity installation record

  • 18 junio 2024

  The U.S. energy storage market set a first-quarter record for capacity installed in Q1 2024, with 1,265 megawatts (MW) deployed across all segments. This marks the highest storage capacity ever installed in a first quarter in the U.S., representing an 84% increase from Q1 2023.

• News Release

  American solar panel manufacturing capacity increases 71% in Q1 2024 as industry reaches 200-gigawatt milestone

  • 06 junio 2024

  A record-setting 11 gigawatts of new solar module manufacturing capacity came online in the United States during Q1 2024, the largest quarter of solar manufacturing growth in American history.

• News Release

  China’s renewable exports grow by 35% between 2019-2023

  • 28 mayo 2024

  Chinese renewable product exports grew 35% from 2019 to 2023, driven by competitive prices and production capacity domination.

• News Release

  Wood Mackenzie names new leader for Consulting

  • 28 mayo 2024

  Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Matthijs (Thijs) van Koppen to its global executive leadership team as EVP, Head of Consulting.

• News Release

  US November election results could decelerate energy transition, with $1 trillion in energy investment on the line

  • 16 mayo 2024

  The Infrastructure Investment and Jobs Act (IIJA) of 2021 and the Inflation Reduction Act (IRA) of 2022 catapulted the US to global leadership in decarbonisation. But a victory for former President Donald Trump in the November 2024 election, combined with long-standing issues around the US relationship with China and US government deficits, could significantly alter the path of US energy policy and usher in a delayed transition scenario, according to a new Horizons report from Wood Mackenzie.

• News Release

  World heading for a 3°C warming trajectory, as political headwinds slow the energy transition

  • 02 mayo 2024

  A five-year delay to the energy transition could see the global average temperature rise to 3°C above pre-industrial levels.

• News Release

  Gas prices down 45% as 2024 market set to remain bearish

  • 19 enero 2024

  The market sentiment for gas and liquefied natural gas (LNG) will remain bearish into 2024 with European prices having fallen by 45% to US$10 per million British thermal units (mmbtu) in the past three months according to a report by Wood Mackenzie.

• News Release

  Key things to watch in electric vehicle (EV) & battery supply chain for 2024

  • 24 enero 2024

  Key things to watch in electric vehicle (EV) & battery supply chain for 2024

• News Release

  Offshore wind sector doubled down on tangible opportunities in 2023

  • 31 enero 2024

  Despite supply chain headwinds and price pressures, the global offshore wind sector saw significant growth in its mature pipeline, as late-stage pipeline mergers & acquisitions, turbine orders, and project financial investment decisions (FIDs) saw record activity in 2023. This has boosted the sector’s momentum into 2024.

• News Release

  Power demand growth remains strong in Asia Pacific

  • 31 enero 2024

  India, China and Southeast Asia will continue to be the three most important growth engines of power demand across the planet, says Alex Whitworth, Vice President, Head of Asia Pacific Power Research at Wood Mackenzie. With the Asia Pacific region seeing its share of global power demand surpass the 50% mark in 2023.

• News Release

  Lithium market faces a transition as demand growth slows

  • 31 enero 2024

  Key things to watch in 2024 for lithium

• News Release

  Solar inflation reverses as renewable costs in Asia reach all-time low

  • 29 febrero 2024

  Plummeting Utility PV solar costs beat coal power to emerge as the cheapest power source in the region

• News Release

  Europe gas prices set to fall amid high storage levels throughout 2024

  • 14 marzo 2024

  Gas prices in Europe could fall as low as US$6.70 per million British thermal units (mmbtu) in the summer as the mild winter will see storage levels remain above 55% according to a new report by Wood Mackenzie.

• News Release

  Global refinery capacity totalling 3.6 million b/d at high-risk of closure

  • 29 marzo 2024

  As much as 3.6 million barrels a day (mmbd) of global refinery capacity has been assessed as being under high-risk of closure, according to Wood Mackenzie’s latest refinery closure threat analysis.

• News Release

  EU carbon levy on primary aluminium will be ineffective and drive up prices

  • 25 abril 2024

  The implementation of a Carbon Border Adjustment Mechanism (CBAM) by the European Union (EU) on the primary aluminium market would impact European producers disproportionately and drive up prices for consumers according to a new report by Wood Mackenzie.

• News Release

  Waste-based biofuels could be the key to unlocking the energy transition

  • 18 agosto 2022

  Waste-based biofuels could be a key driver of the energy transition transforming today’s limited supply of low carbon transportation fuels and creating a local, circular economy, according to a new report by Wood Mackenzie, a Verisk business (Nasdaq:VRSK).