Coronavirus could derail energy storage growth in 2020

• 01 4月 2020

If coronavirus containment measures continue to curtail movement of goods and people through Q2 this year, alongside an economic downturn, the market impact could trim Wood Mackenzie’s 2020 global energy storage deployments forecast by 19%.

India’s renewables installation could fall by a fifth due to lockdown

• 06 4月 2020

In a new report, Wood Mackenzie projects that India could face over 21.6% or 3 gigawatts (GW) of solar photovoltaic (PV) and wind installations being delayed as a result of the country’s lockdown.

$600bn to be spent on wind turbines globally by 2028

• 07 4月 2020

According to new analysis from Wood Mackenzie, annual average wind turbine supply is forecast to hit $60 billion between 2020 and 2028 - reflecting an increase of 8% compared to 2019.

Global electric vehicle sales to drop 43% in 2020

• 08 4月 2020

Global electric vehicle (EV) sales closed at 2.2 million in 2019. This number is expected to drop 43% to 1.3 million by the end of 2020, according to new research from Wood Mackenzie.

Webinar | North American Offshore Wind Market Outlook

• 28 4月 2020

The United States offshore wind energy market remains poised for explosive growth, with over 23 GW of new installations expected to come online by 2029. Demand is supported by robust state level offshore wind initiatives across seven states and is further enabled by federal auctions of Offshore Wind Area (OWA) leases on the part of the Bureau of Ocean Energy Management (BOEM). The former will support over 29 GW of installations through 2035. During this webinar, Wood Mackenzie head of wind research Dan Shreve will provide an overview of: 1) The impact of the Investment Tax Credit (ITC) extension on near-term market demand 2) Near-term scheduling delays due to the Bureau of Ocean Energy Management (BOEM) Environmental Impact Statement process 3) Investment opportunities for port infrastructure improvement and deployment of Jones Act compliant installation vessels Transmission infrastructure and other power market challenges.

Webinar | A European battery supply chain – edging closer to reality?

• 30 4月 2020

The spread of coronavirus around the world and the resultant disruption to raw material flows has already raised questions on globalisation and increased calls rather for greater regionalisation. Even before the outbreak, voices in Europe were lobbying for the creation of a ‘home grown’ electric vehicle chain – highlighting the inherent risks in relying on the likes of China, Korea and Japan for battery cells and other components.

Covid-19 lockdown hits global solar PV market

• 09 4月 2020

The coronavirus pandemic will have a significant impact on the global solar PV market. Construction and development is slowing as countries around the world enforce unprecedented lockdowns. As the world economy faces severe economic disruption, Wood Mackenzie has downgraded its forecast for 2020 installations from 129.5 gigawatts (GW) to 106.4 GW, a reduction of 18%.

Webinar | Coronavirus and oil price collapse: will it make or break EV adoption

• 29 4月 2020

The pandemic caused by the coronavirus has wreaked havoc on global automotive demand and more so on electric vehicle sales. National lockdowns have kept customers away from car dealerships and stopped production lines. Fear and uncertainly has swayed people away from adopting new technology including electric cars. Join Ram Chandrasekaran, Principal Analyst Global Mobility & Transportation and Prakash Sharma, Director, Energy Transition Practice at Wood Mackenzie as they discuss the fallout of the coronavirus pandemic on the electric vehicles market.

Petrobras acts to protect gas value chain as Brazil demand slumps

• 24 4月 2020

Petrobras’ handling of the crisis it faced as Brazilian gas demand slumped earlier this month offers valuable lessons to integrated players, Mauro Chavez, head of Latin America Gas & LNG at global natural resources consultancy Wood Mackenzie, says.

Live Q&A | Impacts of the Coronavirus on the PJM Power Market

• 06 5月 2020

Join us to discuss the various impacts the coronavirus is having on the PJM power market including demand destruction, price changes, and maintenance trends.

Bangladesh to double its fossil fuel imports in a decade

• 14 5月 2020

Bangladesh is expected to double its fossil fuel imports to 32 million tonnes of oil equivalent (Mtoe) between 2020 and 2030, says Wood Mackenzie.

Distress in energy and natural resources

• 22 5月 2020

Helping investors evaluate opportunities in energy and natural resources during the Covid-19 crisis

US solar market sets Q1 record but pandemic mutes Q2 outlook

• 11 6月 2020

The U.S. solar market installed 3.6 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q1 2020, representing its largest first quarter ever and 40% of all new electric generating capacity additions in the United States.

Mexico, Central America and Caribbean power up with record wind capacity

• 18 6月 2020

Mexico, Central America and the Caribbean saw a record 1,830 megawatts (MW) of new wind power capacity installed across the region in 2019 – a 126% year-on-year increase in additions, according to new research from Wood Mackenzie.

Data center pipeline capacity exceeds 92 GW by end of 2024, says Wood Mackenzie

• 13 3月 2025

The pipeline capacity for US data centers with development activity since 2023 exceeded 92 gigawatts (GW) at the end of 2024, according to a recent report from Wood Mackenzie. The adoption of artificial intelligence is fueling massive capacity expansion for data centers and competition for power. According to the report “US data center pipeline” from Wood Mackenzie, monthly pipeline additions reached 7 GW in the fourth quarter of 2024.

Asia’s nuclear power surge

• 15 2月 2023

Is nuclear key to net zero in Asia?

Why the world needs global rules on polymer use

• 08 8月 2024

UN legislation with firm language and clear, legally binding targets can reduce plastics pollution worldwide

Asia’s power sector feels the burn

• 12 5月 2022

Everything across Asia’s power sector is heading north. With electricity demand continuing to climb, power prices are being pushed significantly higher by increasing fuel, equipment, land, and labour costs. Rising interest rates add further complexity.

US energy dominance faces long-term challenges

• 17 4月 2025

While the United States currently dominates global oil and gas production, it faces significant challenges to maintaining the same level of leadership in the coming decades, according to the latest Horizons report from Wood Mackenzie.

The nuclear moment

• 22 10月 2021

Gas and coal prices have soared while governments commit to ambitious goals for cutting emissions. Nuclear power can be part of the solution.

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

• 24 10月 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.

Webinars | North America Power Market Summer 2025 Outlooks I

• 15 5月 2025

Join Wood Mackenzie’s marketing intelligence research analysts and meteorologists in this upcoming series of trading analytics "Seasonal Summer Power Market Outlook Webinars", as they take a look at how US RTOs have been performing and present their expectations for the mid 2025 season.

Chinese OEMs sweep the global wind podium for the first time

• 14 3月 2025

Wood Mackenzie's latest report on global wind turbine original equipment manufacturers (OEMs) reveals that Chinese companies dominated the market in 2024, with Goldwind, Envision, and MingYang securing the top three positions globally for the first time. Key findings: • Goldwind maintained its lead for the third consecutive year, installing 20 GW – a more than 20% increase on 2023 and more than 60% increase on 2022. • Five OEMs installed double-digit GW for the first time, with Chinese manufacturers benefiting from robust domestic demand and Vestas dominating markets outside China. • The Chinese market grew by almost 12% year-over-year to a record more than 80 GW, accounting for more than 60% of annual connected capacity globally. • Installations outside China declined by 9% year-over-year, impacting Western OEMs.

What the energy world looks like in 2030

• 28 1月 2020

This decade promises unprecedented change in the way we produce and consume energy. Find out how that will take shape in this week's Edge.

Champagne supercycle: taking the fizz out of the commodity boom

• 15 7月 2021

Another supercycle is coming. Anticipation of future demand growth has generated palpable excitement, driving commodity prices to post-pandemic highs.

What the data center boom means for grids

• 07 5月 2025

In this first article of a two-part series, we discuss the increasing electricity demand due to the growth of data centers, particularly driven by artificial intelligence (AI) and cloud computing.

North America Power Solutions

Get a visual representation of major constraint patterns, congestion risks, and historic impact analysis.

Evaluating infrastructure and optionality in Canadian hydrocarbon exports

• 01 5月 2025

Can Canada move away from its longstanding role as a regional energy supplier to become a global superpower? Is it ready to be? How soon?

The Trump administration's AI strategy points to strong growth in US power

• 25 11月 2024

AI needs data centres, which need power. If AI is a national security priority, then so is electricity. That principle will shape the Trump administration’s policies. Gas-fired plants will be favored, but low-carbon energy could benefit, too.

US solar industry to add 502 GWdc of capacity in next 10 years

• 23 4月 2025

Speaking from Wood Mackenzie's Solar and Energy Storage Summit, Sylvia Leyva Martinez, Principal Analyst, North America Utility-Scale Solar, said, "Bright skies are ahead for US solar, with average annual installations surpassing 40 GWdc through 2035. In total, the US solar industry will add about 502 GWdc of capacity to the market in the next 10 years."