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Project delays and cancellations to dampen US microgrid growth through 2021

16 December 2019

Project cancellations and delays connecting planned projects to the electric grid will lead the US microgrid market to contract 17% from its 2018 peak by the end of this year, according to new research from Wood Mackenzie.

News Release

US storage industry to build on strong third quarter with response to power shutoffs

03 December 2019

Installers have already shared anecdotes about growing residential storage volumes in California, and Wood Mackenzie expects a large uptick early next year as marketing efforts for solar-plus-storage started earlier this year bear fruit.

Comment

European Investment Bank to cease funding fossil fuel projects

15 November 2019

The EIB's new financing criteria will make lending to gas projects very difficult. It highlights that gas is also increasingly in the spotlight of the climate debate.

News Release

Top three western wind turbine OEMs to control 60% of market by 2028

11 November 2019

After a decade of fragmentation, the top five global turbine OEMs are strengthening their hold on the industry. By 2028, they are expected to control three quarters of the sector.

News Release

Advanced lithium-ion technologies on track for record annual investment

01 November 2019

More than $350 million was invested in advanced lithium-ion technologies during the first half of 2019.

Comment

Total begins construction of third solar power plant in Japan

08 October 2019

Total Solar International has begun construction of Miyagi Osato Solar Park, a large-scale solar plant in Japan.

News Release

Global top 10 solar asset owners now hold 22 GW of capacity

04 October 2019

According to Wood Mackenzie’s inaugural global solar photovoltaic (PV) asset ownership ranking (excluding China)*, the world’s top 10 solar PV asset owners now hold over 22 gigawatts (GW) of cumulative solar capacity. Collectively, the top 10 added around 2.5 GW of new capacity in 2018.

News Release

Wind power outlook in Eastern Europe and Russia upgraded by 17% QoQ over next decade

25 September 2019

An auction-triggered awakening in Poland and a growing confidence in developers' ability to comply with local content requirements in Russia led to a 17% wind power capacity increase QoQ in Eastern Europe and Russia, according to new research from Wood Mackenzie.

News Release

China’s e-bus stock to surpass 1 million mark by 2023

16 September 2019

Fuelled by public policy and declining battery costs, global electric bus adoption is set to triple by 2025. The Chinese market - the most promising in this sector - will surpass the 1 million e-bus mark by 2023 and reach 1.3 million by 2025, according to new research from Wood Mackenzie.

News Release

US wind to peak in 2020 with 14.6 GW as Production Tax Credit expires

12 September 2019

Highlights from Wood Mackenzie's 2019 North America wind power outlook

News Release

65GW of European onshore wind turbines need upgrades or replacements by 2028

09 September 2019

65GW of European onshore wind turbines will reach end-of-design-life by 2028. From 2019 to 2028, an average of 4GW of turbines per year that are reaching end-of-design-life will be lifetime extension (LTE) suitable, according to new research from Wood Mackenzie.

News Release

Global wind turbine fleet to consume over 5.5Mt of copper by 2028

02 September 2019

Over 650 GW of new onshore and 130 GW of new offshore wind capacity will be installed between 2018 and 2028. This will consume in excess of 5.5Mt of copper, according to a recent analysis by Wood Mackenzie.

News Release

Resilience to drive US microgrid growth

08 August 2019

The US microgrid industry may find opportunities for substantial future growth in geographical areas that are repeatedly affected by power outages, as customers seek out resilient solutions, new research from Wood Mackenzie found.

News Release

Global solar PV installations to reach record high in 2019

25 July 2019

Global solar PV installations will reach a new high of 114.5 GW in 2019, up 17.5% on 2018, according to new research from Wood Mackenzie.

News Release

Decarbonising US power grid 'may cost US$4.5 trillion'

27 June 2019

The transition to a 100% renewable US power grid will need investment of up to US$4.5 trillion over the next 10 to 20 years, new analysis from Wood Mackenzie found.

News Release

Malaysia offers significant gas opportunities

24 June 2019

According to research by natural resources consultancy Wood Mackenzie, Malaysia offers some of the most material and attractive upstream investment opportunities in Southeast Asia, primarily due to the need for additional gas supply.

News Release

U.S. solar market sees best Q1 in history

18 June 2019

New findings from Wood Mackenzie Power & Renewables and SEIA's U.S. Solar Market Insight Report, Q2 2019

News Release

Unplanned wind turbine repairs to cost industry $8 billion+ in 2019

03 June 2019

Global onshore wind O&M costs will reach nearly $15 billion in 2019. Of that number, 57% - or $8.5 billion – will be spent on unplanned repairs and correctives caused by component failures, according to new research by Wood Mackenzie Power & Renewables.

News Release

Asia Pacific's solar-plus-storage could see key developments in next five years

14 May 2019

In a recently published report, Wood Mackenzie projects solar-plus-storage prices or levelised cost of electricity (LCOE) for both utility-scale and distributed commercial & industrial (C&I) segments to decline considerably over the next five years.

News Release

Global storage market to grow from 12 GWh to 158 GWh by 2024

09 April 2019

The global energy storage market will expand 13-fold by 2024, according to new research from Wood Mackenzie Power & Renewables.

News Release

More than 61GW of US wind turbine equipment has qualified for production tax credits since 2016

12 February 2019

Developers in the US purchased sufficient equipment to qualify 6.6GW of new wind power capacity in 2018 for 60% production tax credits (PTC) under the Internal Revenue Service’s (IRS) safe harbor provision law, according to recent analysis carried out by Wood Mackenzie Power & Renewables. Accordi...

News Release

Global offshore wind capacity will increase nearly sixfold over the next decade

28 January 2019

By the end of 2017, offshore wind had only been deployed commercially across seven markets, with UK and Germany accounting for 68 percent of the grid-connected capacity. However, according to a recent report from Wood Mackenzie Power and Renewables, global offshore wind power demand will increase...

News Release

More than 680GW of new wind power to come online over next decade

11 December 2018

More than 680GW of new wind power capacity will come online globally over the 10-year outlook, according to new research by Wood Mackenzie Power & Renewables. Wood Mackenzie recently upgraded its Global Wind Power Market Outlook Update: Q4 2018 by 2% compared to the outlook published in the third...

News Release

New technology investments to boost growing global wind market

06 December 2018

Wind turbines are set to become even bigger and better in an effort to maintain consistent downward trends of Levelized Cost of Electricity (LCOE), according to new research by Wood Mackenzie Power & Renewables. “Rapid technology developments have been a large driver of elevating wind to a compet...

News Release

European energy storage markets heating up with total deployments nearing global highs

20 November 2018

According to a new report from Wood Mackenzie Power & Renewables, an increasing number of major utilities have made strategic plays by investing in a relatively new European energy storage market over the past two years

News Release

Asia-Pacific offshore wind capacity to rise 20-fold in next decade

24 October 2018

New research from global natural resources consultancy Wood Mackenzie indicates Asia-Pacific's offshore wind capacity will rise 20-fold to 43 GW in 2027.

News Release

Asia-Pacific solar demand to decline first time this year

24 October 2018

After a decade of stellar growth, Wood Mackenzie forecasts that solar demand in the Asia-Pacific will decline for the first time this year. Compared to 2017, the region's solar demand will dip 18% to 59 GW in 2018 due to declining installations in China, India and Japan.

News Release

Years of growth ahead for Eastern European onshore wind

23 October 2018

Onshore wind energy in Eastern Europe, Russia and the Caspian will experience a compound annual growth rate of 9% from 2018 to 2027, according to new research by Wood Mackenzie Power & Renewables.

News Release

Chinese wind asset owners keep their grip on global top 25

19 October 2018

Chinese operators remain the leaders of the global wind asset market, according to new research from Wood Mackenzie Power & Renewables.

News Release

Is the end of the global energy transition closer than we think?

17 October 2018

Is the Global Energy Transition on track? A new report by Wood Mackenzie, Thinking global energy transitions: the what, if, how and when, explores the forces shaping the energy transition, and pinpoints the sustainability tipping point – when the world shifts from the age of oil and gas to the age of power and renewables – will arrive by 2035.

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Search results: 1975

Project delays and cancellations to dampen US microgrid growth through 2021

US storage industry to build on strong third quarter with response to power shutoffs

European Investment Bank to cease funding fossil fuel projects

Top three western wind turbine OEMs to control 60% of market by 2028

Advanced lithium-ion technologies on track for record annual investment

Total begins construction of third solar power plant in Japan

Global top 10 solar asset owners now hold 22 GW of capacity

Wind power outlook in Eastern Europe and Russia upgraded by 17% QoQ over next decade

China’s e-bus stock to surpass 1 million mark by 2023

US wind to peak in 2020 with 14.6 GW as Production Tax Credit expires

65GW of European onshore wind turbines need upgrades or replacements by 2028

Global wind turbine fleet to consume over 5.5Mt of copper by 2028

Resilience to drive US microgrid growth

Global solar PV installations to reach record high in 2019

Decarbonising US power grid 'may cost US$4.5 trillion'

Malaysia offers significant gas opportunities

U.S. solar market sees best Q1 in history

Unplanned wind turbine repairs to cost industry $8 billion+ in 2019

Asia Pacific's solar-plus-storage could see key developments in next five years

Global storage market to grow from 12 GWh to 158 GWh by 2024

More than 61GW of US wind turbine equipment has qualified for production tax credits since 2016

Global offshore wind capacity will increase nearly sixfold over the next decade

More than 680GW of new wind power to come online over next decade

New technology investments to boost growing global wind market

European energy storage markets heating up with total deployments nearing global highs

Asia-Pacific offshore wind capacity to rise 20-fold in next decade

Asia-Pacific solar demand to decline first time this year

Years of growth ahead for Eastern European onshore wind

Chinese wind asset owners keep their grip on global top 25

Is the end of the global energy transition closer than we think?

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