• News Release

  U.S. energy storage market to double two years running

  • 06 3月 2019

  The U.S. energy storage market nearly doubled in 2018 and is expected to double again in 2019. According to Wood Mackenzie Power & Renewables and the Energy Storage Association’s (ESA) freshly released U.S. Energy Storage Monitor 2018 Year-in-Review, 777 megawatt-hours of grid-connected energy st...

• Comment

  India commissions first east coast LNG terminal

  • 07 3月 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.

• News Release

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

  • 13 3月 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...

• News Release

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

  • 19 3月 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

  South Korea could miss 2030 renewables target

  • 27 3月 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

  Global wind turbine order capacity increased 31% in 2018

  • 27 3月 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

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

  • 08 4月 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

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

  • 06 5月 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

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

  • 03 6月 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

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

  • 04 6月 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.

• Comment

  Scott Morrison wins 2019 Australia election

  • 20 5月 2019

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

• News Release

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

  • 28 5月 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.

• Opinion

  Angry tweets, a new long march and an escalating trade war

  • 12 6月 2019

  In the latest APAC Energy Buzz, Wood Mackenzie's Asia Pacific Vice Chair, Gavin Thompson, shares the implications of the ongoing US-China trade disputes on the energy sector.

• News Release

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

  • 19 6月 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

  New European solar installations to double over next 3 years

  • 26 6月 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.

• Opinion

  We need to talk about hydrogen

  • 08 7月 2019

  I’m just back from Tokyo and a key theme for many Japanese energy companies continues to be future investment in E&P and whether long-term growth in oil and gas demand will materialise given the pace of energy transition.

• News Release

  Mexico to lead Central America, Caribbean wind power growth

  • 03 7月 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

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

  • 09 7月 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 7月 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

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

  • 23 7月 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

  India leads with lowest renewable cost in Asia Pacific

  • 29 7月 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

  European residential storage market at economic tipping point

  • 06 8月 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.

• Comment

  Portugal's world record-breaking solar PV auction

  • 12 8月 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

  Wind turbine order capacity hit a record high in Q2 2019

  • 04 9月 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.

• News Release

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

  • 05 9月 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

  US residential energy storage surges

  • 10 9月 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

  Coal is still king in Southeast Asia’s power market

  • 25 9月 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 9月 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.

• Comment

  CPIH and Equinor sign cooperation agreement on offshore wind

  • 25 9月 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

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

  • 08 10月 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.