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It may come as a surprise to learn that 56% of PET bottles used in the UK each year are recovered for recycling. That figure is projected to rise to 59% by 2021, but could increase significantly with the introduction of the UK government’s proposed deposit return scheme. Elsewhere in Europe, similar schemes have achieved ~90% recovery rate.
Our dedicated oil, gas, power & renewables, chemicals, metals and mining sector teams are located around the world
We surveyed over 200 senior exploration leaders and professionals to get a clearer vision of how the industry is making headway and whether the foundations of success set in 2017 are strong enough to sustain future activity.
Highlights from our solar, wind, grid edge, and energy storage forecasts
We asked our clients what they thought 2018 will bring. There were two main themes: digitalisation and the energy transition.
Costs will continue to fall with technology and scaling - average global offshore wind generation cost will be halved by 2028 - but without a clear route-to-market that requires policy and financial support from governments, developers will be hesitant to invest in offshore wind.
Metals enable the energy transition through their use in low-carbon technologies, but the production of metal is emissions-intensive. How can the metals and mining industry ramp up production to meet demand while finding its way to net-zero emissions? Is electrification the answer? Read on to find out.
Once America’s champion of natural gas, Chesapeake declares bankruptcy. A US natural gas champion stumbles, but what are the implications for the market and pipelines? Get Wood Mackenzie's analysis here.
A growing list of zero carbon technologies are vying for capital as energy companies build for the energy transition. In this week's Edge, Simon Flowers looks at why offshore wind stands out from the pack.
The momentum is clear, despite COVID-19 impacts in 2021
Chevron’s announcement to offer its 16.7% stake in the North West Shelf (NWS) LNG project for sale has surprised some.
Big Oil is on the move, feeling its way into a changing energy world. There are two sides to adapting: how to decarbonise oil and gas and how to build a sustainable business around zero-carbon technology. European and US Majors are following two very different paths.
Covid-19 has created challenging economics for many petrochemicals players, leaving some at risk of financial distress.
Refining has been hit hard by the economic fallout of the coronavirus pandemic. Profitability in 2020 will be the lowest this century. When will margins recover? And how will the industry respond to this challenge?
Weakness in the global markets for solar modules and batteries is pushing down system costs in the United States
The energy transition could have created an existential crisis for the North Sea. But governments and North Sea upstream operators are embracing ambitious projects and technology on the road to net zero.
Does LNG stand to benefit? What would it mean for Japan’s emissions?
As Joe Biden nudges ahead in the US presidential polls, the oil and gas industry should prepare for far-reaching potential changes.
Despite EU leaders reaching agreement on the €750 bn pandemic recovery package, a substantial hurdle remains; ratifying the deal in the European Parliament, where its green credentials will be scrutinised
Nigeria’s government, through the Department of Petroleum Resources (DPR), recently launched its first marginal field bid round in almost 20 years.
The US administration and Congress are trying to prevent the completion of the new gas pipeline from Russia to Germany
Tracking the impact of the coronavirus pandemic on metals, bulk commodities and battery raw materials.
The UK is home to around 35% of the world’s installed offshore wind capacity. Technology evolution will be vital to maintain the growth of the sector.
What to expect this summer in the ERCOT power region
As the US faces economic crisis, the Democratic presidential challenger sees opportunities for stimulus in the energy transition
As shut-in gas resumes flowing, different basins show different recovery trends and face continued market risks.
Why the state won't let go of nine gas plants set to retire this year
Midstream companies can be energy-intense, particularly if their operations include processing infrastructure.
Today there are only 15 commercial wind leases in the , and a number of them are held by the same group of companies
Metals producers face a dual challenge in the energy transition – meeting global demand for critical commodities while also cutting emissions. For aluminium the challenge is greater – of all the metals, it faces the biggest impact from carbon pricing. But how significant is the risk? And is carbon neutral aluminium achievable?
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