• News Release

  Global wind power capacity to grow by 112% over next 10 years

  • 26 3月 2020

  Global wind power capacity additions are expected to sit at an annual average of 77GW from 2020 to 2029, according to Wood Mackenzie.

• News Release

  Coronavirus restrictions set to hit US utility-scale solar projects

  • 01 4月 2020

  The coronavirus pandemic is likely to have a material impact on utility-scale solar installations in the US this year, and perhaps even into 2021. In its Coronavirus: US Solar PV Supply Chain and Utility-Scale Market Risk report, Wood Mackenzie says that, in a best-case scenario, the market could see up to four weeks of supply delays affecting a few hundred MWs of modules and inverters. This, combined with construction disruptions, could translate into as much as 2 GWdc of project development delays in 2020.

• News Release

  Industry leaders to speak at Wood Mackenzie’s Solar & Energy Storage Summit 2023

  • 09 5月 2023

  The solar and energy storage industries in North America continue to be catapulted forward by the Inflation Reduction Act (IRA) and the transition to a clean energy future.

• News Release

  US Distributed Energy Resource market to almost double by 2027

  • 20 6月 2023

  The US Distributed Energy Resource (DER) market is expected to nearly double in capacity from 2022 to 2027, with capital expenditure reaching US $68 billion per year, according to Wood Mackenzie’s ‘2023 US Distributed Energy Resource Outlook’ report released today.

• News Release

  US solar market registers best first quarter in industry history as supply chains stabilize and Inflation Reduction Act takes hold

  • 08 6月 2023

  The US solar industry installed 6.1 gigawatts (GW) of solar capacity and had its best first quarter in history, according to the US Solar Market Insight Q2 2023 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

• News Release

  Nuclear needs to be cost competitive with alternative power generation to enable net zero

  • 18 5月 2023

  Despite policy support and market growth, the biggest economic hurdle to the uptake of the latest nuclear and small modular reactors (SMRs) is cost, according to Wood Mackenzie report.

• News Release

  Australia leads global market for battery energy storage systems

  • 17 7月 2023

  Australia leads the global market for battery energy storage systems (BESS), with the total pipeline of announced projects now exceeding 40 gigawatts (GW), according to latest Wood Mackenzie analysis launched at the Australian Clean Energy Summit in Sydney.

• News Release

  India needs radical transformation to reach net zero emissions by 2070

  • 27 7月 2023

  How can India attain its net zero emissions goal by 2070, in line with global pledges to reach net zero emissions by mid-century? Wood Mackenzie analyses the scenario in its latest report ‘India energy transition pathways 2070’, concluding that the country must radically transform its energy landscape and prioritise renewable energy, electrification, hydrogen adoption, and carbon removal strategies.

• News Release

  Cumulative US community solar capacity expected to break 6 GW in 2023, despite interconnection and siting headwinds

  • 08 8月 2023

  US community solar installations declined by 6% year-over-year in 2022 and 13% in Q1 of 2023. This was primarily driven by the supply chain uncertainty of the past year as well as interconnection and siting issues hindering growth in key state markets such as Massachusetts and Maine, according to the latest report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA).

• News Release

  Industry leaders to speak at Wood Mackenzie’s Hydrogen Conference

  • 31 8月 2023

  Join Wood Mackenzie’s expert analysts and industry leaders to understand the key drivers and challenges of deploying low-carbon hydrogen at the Hydrogen Conference at the Hilton London Tower Bridge on 20 September 2023.

• News Release

  Solar installations in 2023 expected to exceed 30 GW for the first time in history

  • 07 9月 2023

  The U.S. solar industry expects to add a record 32 gigawatts (GW) of new capacity in 2023, a 52% increase from 2022, according to the US Solar Market Insight Q3 2023 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

• News Release

  US renewables annual capacity additions to nearly triple in 10 years

  • 15 9月 2023

  Speaking at the RE+ conference in Las Vegas, Chris Seiple, vice chairman, power and renewables for Wood Mackenzie said that with the Inflation Reduction Act (IRA) driving the economic competitiveness of renewables, annual capacity additions will nearly triple in 10 years to 110 gigawatts (GW).

• News Release

  APAC to invest US$3.3 trillion in power generation over next decade

  • 04 10月 2023

  The Asia Pacific region is forecast to invest US$3.3 trillion in power generation over the next 10 years, with 49% earmarked for wind and solar, and 12% for energy storage, according to latest Wood Mackenzie analysis.

• News Release

  7 Btpa of carbon capture needed to meet net zero by 2050

  • 16 10月 2023

  Speaking at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference in Houston, Mhairidh Evans, head of CCUS research for Wood Mackenzie, said that urgency is needed to meet the seven billion tonnes carbon capture (Btpa) required to meet net zero goals in 2050.

• News Release

  China Belt & Road Initiative brings in 128 GW installed power capacity in 10 years

  • 20 11月 2023

  Chinese companies have made significant strides in the Belt & Road initiative's overseas power projects over the past decade. With an estimated investment value of around US$200 billion, over 300 projects have installed 128 GW of power, equivalent to 1.3 times Australia's installed capacity in 2022. However, challenges have emerged, leading to the cancellation or shelving of over 20% of projects to date.

• News Release

  COP28: Middle East could play a key role in decarbonising global economy

  • 23 11月 2023

  Large oil and gas reserves in the Middle East have resulted in especially low domestic energy prices and provide little incentive to transition to low carbon alternatives, according to Wood Mackenzie’s Middle East Energy Transition Outlook report.

• News Release

  China leads global renewables race with record-breaking 230 GW installations in 2023

  • 28 11月 2023

  Currently on target to reach a record-breaking 230 gigawatts (GW) of wind and solar installations this year, China leads the global renewables market. This is more than double the number of US and Europe installations combined.

• News Release

  Competition increases in the residential solar-plus-storage battery market

  • 12 12月 2023

  As the residential solar-plus-storage market continues to grow, competition has increased amongst battery vendors, with new manufacturers gaining market share in recent years, according to a new analysis from Wood Mackenzie

• News Release

  US energy storage installations set new record in Q3 2023

  • 13 12月 2023

  The U.S. storage market hit a new high in Q3 2023, installing the most capacity in a quarter to date with 7,322 megawatt hours (MWh) becoming operational in the third quarter of 2023.

• News Release

  Offshore wind sector doubled down on tangible opportunities in 2023

  • 31 1月 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 1月 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

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

  • 29 2月 2024

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

• News Release

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

  • 18 8月 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).

• News Release

  CCUS planned capacity nearing 1 billion tonnes per annum

  • 26 8月 2022

  US Inflation Reduction Act bill set to boost CCUS uptake but more is needed to meet net zero goals by 2050

• News Release

  US grid-scale energy storage market beats Q2 record

  • 14 9月 2022

  The U.S. energy storage market set a new record in the second quarter of 2022, with grid-scale installations totalling 2,608 megawatt hours (MWh) – the highest installed capacity for any Q2 on record, according to a new report released today.

• News Release

  New US solar contract capacity sees record growth in Q2

  • 28 9月 2022

  Boosted by recent legislation, the U.S. recorded 10 gigawatts (GW) of new utility-scale solar capacity contracts in Q2, up 201% from Q1 for the largest quarter-over-quarter growth on record according to new analysis from Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

• News Release

  Wood Mackenzie brings light to homes in Puerto Rico

  • 08 3月 2022

  A team of three analysts from global energy consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), are in Puerto Rico this week helping install solar panels on homes as part of a new initiative with charity Let’s Share the Sun Foundation.

• News Release

  World must double-down on plans to achieve net zero by 2050

  • 23 3月 2022

  Over the last year, strong demand recovery and a lack of investment in supply has caused prices to rise across sectors. Energy security and geopolitical tensions have added unprecedented uncertainty to markets across the globe. On top of that, countries and corporations still bear the massive challenge of limiting global warming to 1.5 ˚C.

• News Release

  Global lithium-ion battery capacity to rise five-fold by 2030

  • 22 3月 2022

  Global cumulative lithium-ion battery capacity could rise over five-fold to 5,500 gigawatt-hour (GWh) between 2021 and 2030, says Wood Mackenzie.

• News Release

  Utility evolution in Africa to reshape global electricity demand

  • 17 3月 2022

  Sub-Saharan Africa offers an alternative vision of how the energy transition will change power generation, according to research released today by global energy consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK).