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Solar module manufacturing capacity in the United States now exceeds 31 gigawatts (GW) — a nearly four-fold increase since the Inflation Reduction Act (IRA) became law in 2022.
In the recent Horizons Live session, our panel discussed what it would take to diversify copper supply from China – and why de-risking supply chains may be more about compromise than a complete decoupling.
Join us on Tuesday 1 October 2024, as our senior experts discuss how Europe’s leading renewable power developers are adapting their global investment strategies to energy transition challenges.
Our energy transition glossary helps you understand key terms and definitions.
In the recent Horizons Live session, our panel discussed carbon removals and how they will play a crucial role in achieving net zero.
Start RECording: Price outlook for renewable energy certificates in Asia Pacific
Carbon removals, the removal and durable storage of carbon dioxide (CO2) that has already been emitted, are starting to emerge as a viable investment opportunity, but not at a pace that will enable the world to get to net zero according to the latest research by data and analytics company Wood Mackenzie.
We answer five key questions in this edition of Horizons. Where would the additional oil and gas supply come from? Could the supply chain cope? How much more upstream investment would be needed? How would cost inflation affect the price of oil and gas? And can the industry amend its disciplined approach?
Join us on the 27th February as we discuss the outlook for Europe Upstream oil and gas
Join our SVP for fiscal research Graham Kellas and Research Director Gail Anderson for a discussion on the fiscal changes, impact on UK investment, production and competitiveness, and which companies will be most affected by the UK's upcoming budget announcement.
Renewable Energy Certificate (REC) prices to drop 76% by 2050 due to surging renewable generation in Asia Pacific
In our final Horizons of 2024, we have compiled five charts to make you think. We start and end with charts on the power markets of the world’s two largest economies, the US and China.
Following the aligned Horizons report, this session replay examines the potential for high-impact exploration to lower the cost of oil and gas to consumers, cut carbon intensity, and add value for both resource holders and explorers.
Watch our webinar replay to explore the critical topic of resource adequacy and the role of generator flexibility in today’s evolving energy landscape. We dive into capacity accreditation, renewable integration, and the future of grid stability, featuring expert insights from Dr. Karl Meeusen, PhD, and Wärtsilä’s innovative RICE technology.
Coal use and emissions from power generation in Asia will surge in coming decades unless there is significant new supply of U.S. liquefied natural gas (LNG), a new study by data and analytics company Wood Mackenzie has shown. The study, commissioned by the Asia Natural Gas and Energy Association ...
Tense negotiations and rumours of a rift between Saudi Arabia and UAE ended with a compromise deal for OPEC+ on 3 December 2020. Despite concerns on oversupply for Q1 2021, the group agreed to increase output by 500,000 b/d in January. Production restraint is set at minus 7.2 million b/d instead of the Q4 2020 level of minus 7.7 million b/d.
Wood Mackenzie’s latest report shows that over three quarters or 77% of new LNG supply are at risk under a 2-degree scenario.
Scrap metals demand growth is expected to outpace primary metals over the next two decades. However, it will remain underutilised compared to its overall availability, says Wood Mackenzie.
Wood Mackenzie’s Australasian upstream 2021 outlook report shows at least US$11 billion of gas projects poised for FID in 2021.
Wood Mackenzie’s Asia Pacific upstream 2021 outlook report shows that the development of regional decarbonisation roadmaps is crucial to the future of the upstream industry.
Prime Minister Boris Johnson has announced the UK's new 10-point climate action plan.
If the plastics value chain is to become more sustainable, the industry must focus on reducing the amount of mismanaged waste and recapturing as much of its value as possible. To do this, more investment must be allocated to chemical recycling technologies, according to Wood Mackenzie.
The Democrats are expected to retain control of the US House of Representatives, but the Senate will be determined by upcoming run-offs in the state of Georgia. While the chemicals sector is expected to see few direct impacts, there are several themes that should be watched closely.
Consolidation among the Independents will accelerate in the face of energy transition, says Wood Mackenzie.
We are glad to invite you to join us at Wood Mackenzie's 'Russia, Caspian and Black Sea – a competitive upstream future?' webinar that will take place on Tuesday, 24 November 2020. Our regional experts will discuss how the crises of 2020 will shape the upstream outlook in 2021 and beyond. Presentations will focus on three key topics across three regions: cost competitiveness, advantaged exploration and fiscal attractiveness: Black Sea - how will Turkey's giant gas discovery transform the state of play? Caspian - what needs to change to avoid an investment ‘cliff edge’? Russia - how resilient a producer is Russia and where will growth come from? A 30-minute presentation will be followed by a panel discussion: Embrace the change or fear the transition? How are the regions – and their upstream investors - addressing the global themes discussed at our recent energy summits? What are the strategies for attracting capital, improving sustainability and maintaining growth and resilient returns? A Q&A session to respond to client questions. This webinar is part of a series of global upstream webinars looking at key issues facing the oil and gas sector as it looks beyond a tumultuous 2020. Please follow the link to see all past and upcoming events in the series. The event will be held in English. Please register to confirm your place.
Join us on December 9 for an in-depth analysis of the PJM power market as winter approaches.
South Korea becomes the latest Asian economy to announce its net-zero carbon emissions pledge.
Join Wood Mackenzie at 1:00 PM GMT on 12th November for its webinar on whether PPAs will be the dominant form of securing revenue streams for utility-scale projects around the world.
As global solar PV markets continue to weather the challenges posed by the coronavirus pandemic, solar PV installations are expected to hit 115 GWdc this year, according to Wood Mackenzie’s latest quarterly market outlook. This is up 5% from the total installed globally in 2019.
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