Search

Balance-of-systems costs for US non-residential storage to drop

24 October 2019

Non-residential storage system costs will fall by 27% in the US over the next five years, according to new research from natural resources consultancy Wood Mackenzie.

Comment

Total expands partnership with Adani on India's gas market

14 October 2019

Total announced today its partnership with Adani Group which includes two LNG terminals, Dhamra in East India and potentially Mundra in the West, as well as Adani Gas Limited, one of the 4 main distributors of city gas in India of which Adani holds 74.8% and of which Total will acquire 37.4%.

Comment

Acciona in Nordex takeover bid

08 October 2019

Acciona will launch a 100% takeover of German manufacturer Nordex after increasing its majority share in the turbine maker to 36.27%.

News Release

Unplanned solar plant repairs to cost industry $16 billion over next 6 years

08 October 2019

Annual solar plant operations and maintenance (O&M) costs will grow from nearly $4.5 billion in 2019 to just over $9 billion in 2024. This increase is due to future demand growth and current installed capacity. Unplanned repairs alone can cost owners up to $3,000/MW/year, based on an average-sized solar power system of 50MW, according to new research from Wood Mackenzie.

Comment

CPIH and Equinor sign cooperation agreement on offshore wind

25 September 2019

CPIH (China Power International Holding) and Equinor have signed a Memorandum of Understanding (MoU) to cooperate on offshore wind in China and Europe.

News Release

Coal is still king in Southeast Asia’s power market

25 September 2019

According to a new report by Wood Mackenzie, coal will continue to be the dominant fuel source in power generation, peaking at 2027 before slowing down and accounting for 36% of the region’s generation mix in 2040.

Comment

Record low price for offshore wind in CfD round 3 auction

20 September 2019

The Department for Business, Energy and Industrial Strategy (BEIS) this morning revealed the results of the UK government’s third Contracts for Difference (CfD) auction round.

News Release

US residential energy storage surges

10 September 2019

A record 35 megawatts of residential storage was deployed in Q2 as a result of rising customer interest and support incentives in more state markets

News Release

Strategic vendors and European utilities dominate EV charging M&A activity

05 September 2019

Strategic vendors - companies that offer products or services in the EV market - and European utilities were responsible for over 80% of electric vehicle (EV) charging M&A activity from 2010 through H1 2019, according to new research from Wood Mackenzie.

News Release

Wind turbine order capacity hit a record high in Q2 2019

04 September 2019

Global wind turbine order intake increased 111% YoY, overtaking the previous record set in Q4 2018 by 13.2GW, according to new research from Wood Mackenzie.

Comment

Portugal's world record-breaking solar PV auction

12 August 2019

Portugal is now the country with the world’s lowest-cost solar PV contract. The lowest tariff awarded in the country’s first solar PV auction – held in July 2019 – was just €14.76/MWh, or US$16.54/MWh at today’s exchange rates. This narrowly beats the recent US$16.95/MWh contract awarded in Brazil.

News Release

European residential storage market at economic tipping point

06 August 2019

The European residential storage market deployment base is expected to grow five-fold to 6.6 GWh by 2024, according to new research from Wood Mackenzie.

News Release

India leads with lowest renewable cost in Asia Pacific

29 July 2019

India has emerged as the market leader with the lowest renewable energy cost in Asia Pacific, new research from Wood Mackenzie found.

News Release

Top ten wind turbine OEMs to spend €2.3bn on R&D by 2023

23 July 2019

Research and development (R&D) expenses among the world's top ten wind turbine OEMs have more than doubled in the last four years, reaching €1.6bn in 2018. This figure is expected to increase to €2.3bn by 2023.

News Release

China to become largest energy storage market in Asia Pacific by 2024

09 July 2019

China’s cumulative energy storage capacity is projected to skyrocket from 489 megawatts (MW) or 843 megawatt-hours (MWh) in 2017 to 12.5 gigawatts (GW) or 32.1GWh in 2024. This represents an increase in the installed base of 25 times.

News Release

Global wind power capacity to grow by 60% over next 5 years

08 July 2019

Global wind power capacity additions are expected to sit at an annual average of 71GW from 2019-2023 and 76GW from 2024-2028, according to new research from Wood Mackenzie Power & Renewables.

News Release

Mexico to lead Central America, Caribbean wind power growth

03 July 2019

More than 9.5 gigawatts (GW) of new wind power capacity will be commissioned in Central America and the Caribbean through 2028, driven by central planning authorities in smaller markets and the attractive value proposition of the technology in Mexico, new research from Wood Mackenzie found.

News Release

New European solar installations to double over next 3 years

26 June 2019

New solar installations within the European market will double in the next 3 years to reach a level of approximately 20GW/year. Total installed capacity in the region will surpass 250GW by 2024, according to new research from Wood Mackenzie Power & Renewables.

News Release

Top 5 turbine OEMs to rule two thirds of global market by 2020

19 June 2019

After a decade of fragmentation, the top 5 turbine OEMs have reached industry consolidation. Key global players are expected to surpass a combined market share of 68% by 2020, up from 47% 5 years ago, according to recent research from Wood Mackenzie Power & Renewables.

News Release

US energy storage market grows 232% year-over-year in Q1 2019

04 June 2019

New research from Wood Mackenzie finds that the U.S. energy storage market broke its previous record for megawatts deployed in a single quarter in Q1 2019.

News Release

Puerto Rico microgrid market to more than double by end of 2024

03 June 2019

New research from Wood Mackenzie forecasts the microgrid market in Puerto Rico will reach 228 megawatts (MW) by the end of 2024, more than double the microgrid generation capacity currently available on the island.

News Release

2019 global wind turbine order intake off to record-breaking start

28 May 2019

Global wind turbine order intake increased 7% YoY in Q1 2019, eclipsing the previous record seen in Q1 2018 for capacity in the quarter by 875MW, according to new research from Wood Mackenzie Power & Renewables.

Comment

Scott Morrison wins 2019 Australia election

20 May 2019

Following PM Scott Morrison's win in the recent 2019 Australia election, Wood Mackenzie and Verisk Maplecroft analysts share their thoughts.

News Release

What would Australia's Labor win mean for the resources, energy and power sectors?

06 May 2019

Australia's general election is around the corner and Labor looks set for victory. Labor has announced its commitment to reduce Australia’s carbon emissions by 45% between 2005 and 2030, and to reach net-zero pollution by 2050. It has also proposed changes to existing mechanisms to lower energy and gas prices.

News Release

Saudi Arabia to become largest Middle East wind power market by early 2020s

08 April 2019

Saudi Arabia will become a regional heavyweight in wind power by the early 2020s, according to new research by Wood Mackenzie Power & Renewables.

News Release

Global wind turbine order capacity increased 31% in 2018

27 March 2019

Global wind turbine order intake was up 20% in Q4 2018 YoY to nearly 18GW, surpassing 2016's record by 5.4GW, according to new research from Wood Mackenzie Power & Renewables.

News Release

South Korea could miss 2030 renewables target

27 March 2019

South Korea is unlikely to meet its 2030 renewables target, says Wood Mackenzie at a media briefing in Seoul today. According to the consultancy's analysis, renewables will account for about 17% of the country's power mix, a little shy of its original target.

News Release

723GW of new global wind power capacity expected from 2019 to 2028

19 March 2019

50.2GW of new wind power was added globally in 2018, a 4% increase YoY and the third highest annual total on record, according to the Wood Mackenzie Power & Renewables 'Global Wind Power Market Outlook Update: Q1 2019' report.

News Release

U.S. solar market adds 10.6 gigawatts of PV in 2018

13 March 2019

For the third year in a row, the U.S. solar industry installed double-digit gigawatts (GW) of solar photovoltaic (PV) capacity, with 10.6 GW coming online in 2018. The amount was a 2 percent decrease from 2017. However, the forecast shows the market rebounding in the years ahead, according to the...

Comment

India commissions first east coast LNG terminal

07 March 2019

India's first east coast regas project, Ennore LNG terminal, was commissioned yesterday by Indian Oil Corporation (IOCL). Wood Mackenzie's senior analyst Kaushik Chatterjee shares the significance of this project and how this marks the beginning of India doubling its regas capacity to 56.5 million metric tonnes per annum (mmtpa) by 2025.

Upstream

Emissions & Carbon Management

Energy Transition Scenarios & Technologies

Power & Renewables

Gas & LNG

Metals & Mining

Oils & Chemicals

Commodity Trading Analytics

Supply Chain Analytics

Consulting

Wood Mackenzie Events

Industry

Global events

Asia

Africa

Europe

North America

Power and renewables

Upstream oil and gas

Macroeconomics, risk and global trends

Oil and gas markets

Midstream oil and gas

LNG

Downstream oil refining

Coal

Metals markets

Metals costs

Chemicals

Wallmaps for sale

Power & Renewables

Hydrogen

Upstream

Subsurface

Gas & LNG

Metals & Mining

Carbon

Emissions

Energy Transition

Lens Direct - API

Refine results

Article Category

Industry Sector

Commodity

Location

Search results: 2007

Balance-of-systems costs for US non-residential storage to drop

Total expands partnership with Adani on India's gas market

Acciona in Nordex takeover bid

Unplanned solar plant repairs to cost industry $16 billion over next 6 years

CPIH and Equinor sign cooperation agreement on offshore wind

Coal is still king in Southeast Asia’s power market

Record low price for offshore wind in CfD round 3 auction

US residential energy storage surges

Strategic vendors and European utilities dominate EV charging M&A activity

Wind turbine order capacity hit a record high in Q2 2019

Portugal's world record-breaking solar PV auction

European residential storage market at economic tipping point

India leads with lowest renewable cost in Asia Pacific

Top ten wind turbine OEMs to spend €2.3bn on R&D by 2023

China to become largest energy storage market in Asia Pacific by 2024

Global wind power capacity to grow by 60% over next 5 years

Mexico to lead Central America, Caribbean wind power growth

New European solar installations to double over next 3 years

Top 5 turbine OEMs to rule two thirds of global market by 2020

US energy storage market grows 232% year-over-year in Q1 2019

Puerto Rico microgrid market to more than double by end of 2024

2019 global wind turbine order intake off to record-breaking start

Scott Morrison wins 2019 Australia election

What would Australia's Labor win mean for the resources, energy and power sectors?

Saudi Arabia to become largest Middle East wind power market by early 2020s

Global wind turbine order capacity increased 31% in 2018

South Korea could miss 2030 renewables target

723GW of new global wind power capacity expected from 2019 to 2028

U.S. solar market adds 10.6 gigawatts of PV in 2018

India commissions first east coast LNG terminal

Sign up to the Inside Track weekly newsletter