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Questions about IRPs and RFPs speak to a new way of looking at the energy mix. Read more.
One needs two ingredients to make wind plus storage succeed: technical capabilities and a predictable revenue stream that values the firmed capacity.
Oil and gas Majors claim 15 percent of the global oil and gas market. Matching this scale in wind and solar would require investment of over US$200 billion. While achievable, this means the Majors need to either develop or buy a lot of renewable energy projects.
In Asia Pacific, the renewable power market is evolving rapidly. Changes in policy and prices are driving solar demand down and offshore wind capacity up. Longer term, improvements to infrastructure and technology are expected to drive exponential growth.
Offshore wind projects and ultra-large solar PV tenders are two promising areas for the Majors to explore. Read more.
Find out what to look out for in this fast changing sector. Understand what is driving the investment rationale in renewables. And explore technological
Electric vehicles (EVs) offer a solution to reducing carbon emissions from the transport sector in a bid to address climate change. But how green are EVs really in comparison to internal combustion engine (ICE) cars on a well-to-wheel basis?
The impact and eventual upside of China’s new solar and wind policies.
Conversations on grid resilience have come to the fore in the wake of severe weather.
Tender by tender, wind and solar energy have undersold other renewables in Brazil and Argentina
Policies and technology build positive momentum for global offshore wind
Utility planners will need to plan for an incoming wave of emerging technologies and be able to predict where and when power demand will be highest.
As their prevalence in the automotive spotlight grows, EVs are increasingly on the minds of those investing in energy markets. But how much do we know about their evolving market share?
The rapid growth of renewables has changed the power mix and left the grid struggling to adapt.
After 2025, the oil majors’ will be looking for new opportunities, and the renewables market will be an area of increasing focus. Is there enough growth to go around?
Several states have recently restored or extended full retail Net Metering for residential rooftop solar. Read more.
A power grid that is reliable, affordable, and clean may be one of the 21st century’s greatest ambitions, and no economy is blazing the trail faster than California.
Lower costs of offshore wind energy in Europe have led to renewed interest in the Northeast region, but real-world offshore wind power performance and reliability may fall short of expectations.
Trump’s victory cast a shadow over the conference, which commenced with a celebration of the Paris Agreement entering into force just days beforehand.
In the latest instalment of our global trends to 2035 series, we forecast the threat to oil demand from electric vehicles
We assess an unofficial review of emissions allowances which offers a glimpse of the country’s carbon trading scheme.
As the first Southeast Asian nation to adopt a tax on carbon, Singapore could encourage other countries to follow suit
It's going to be a big year for solar around the world. The global solar market grew by 26 percent last year, with 99 gigawatts of grid-connected PV capacity installed.
From ambitious renewables targets to accelerated coal phase-out and a power market overhaul, Germany's new new governing coalition looks intent on reinvigorating the Energiewende.
Lula’s victory in the presidential election means a stronger emphasis on curbing emissions, but no radical changes in energy policy.
As the global energy landscape continues to evolve, the wind energy sector is experiencing unprecedented transformation. Drawing from data from Wood Mackenzie’s rich Wind Services offering, our experts explored the causes and impacts of this pivotal shift in a recent webinar.
CCUS, hydrogen, grid edge, next-gen solar and new nuclear
In this year’s Super Bowl, six companies showed ads that showcased their electric vehicles, two included EVs in their commercials, and one advertised EV chargers.
Under heavy subsidies from the government, China's electric vehicles (EV) market has grown exponentially to overtake the United States as the world's largest EV market. However with subsidies fading out in two years' time, the Chinese government and EV manufacturers are pressed for time to sustain the growth momentum in EVs. Wood Mackenzie's latest research reveals that China's proposed dual-credit scheme can reshape the EV market for a more sustainable development beyond the abolishment of subsidies in 2020. The EV penetration rate is projected to hit 17% in 2035 as a result.
Progress on finance and carbon, but still much to do in Belém
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