US offshore wind powers up

• 23 June 2020

The US offshore wind industry is set to power up over the coming decade. New research from Wood Mackenzie shows that as the sector ramps up from near-zero today, it could deliver as much as 25 gigawatts (GW) in 2029, capturing almost half of the US market for new wind power installations.

Webinar | From molecules to electrons: Trump 2.0 and the impact on the energy transition

• 03 December 2024

The 2024 US election result and an incoming Trump 2.0 administration arrive at a pivotal moment for the energy transition. As policies and priorities shift, their impact will ripple across the energy and natural resources sectors. This webinar mini-series dives into the heart of these changes, offering expert insights into how the outcomes could redefine the energy landscape. The mini-series consists of two webinars: molecules (oil, gas/LNG, carbon, hydrogen, and sustainable fuels) and electrons (renewable electricity, batteries, electrified transport, power markets and grid innovations).

ESS-SoftBank battery deal heralds a new Iron Age

• 08 October 2021

SB Energy, a wholly owned U.S. subsidiary of SoftBank, has confirmed a record purchase of long-duration iron flow batteries from U.S. manufacturer ESS.

China’s bull run keeps it top dog in renewables

• 23 February 2022

China just re-wrote the global energy record book. Driven by the country’s surging economic growth, 2021 saw China record the largest ever absolute annual increase in electricity demand by any country in history.

India needs radical transformation to reach net zero emissions by 2070

• 27 July 2023

How can India attain its net zero emissions goal by 2070, in line with global pledges to reach net zero emissions by mid-century? Wood Mackenzie analyses the scenario in its latest report ‘India energy transition pathways 2070’, concluding that the country must radically transform its energy landscape and prioritise renewable energy, electrification, hydrogen adoption, and carbon removal strategies.

U.S. Solar Industry Sees Worst Quarter Since 2020

• 07 June 2022

The U.S. solar industry had its lowest quarter of installations since the start of the coronavirus pandemic, according to the U.S. Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business. In Q1 2022, price increases and supply chain constraints continued to suppress the solar market as the industry installed 24% less solar capacity than Q1 2021.

Energy transition outlook: EU

• 21 April 2026

The European Union maintains its position as a global climate leader, yet faces mounting challenges in translating ambitious targets into tangible outcomes – and implementation gaps are widening

M&A Service

Keep abreast of M&A developments, emerging trends and acquisition opportunities.

Taking on climate change: Navigating a path forward in the IRA era

• 22 April 2024

The Inflation Reduction Act will spur investment and progress in clean energy over the next 10 years. In our new partnered report with CohnReznick we examine the tax incentives and opportunities available because of the IRA and what this means for the energy landscape.

We need to talk about hydrogen

• 08 July 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.

Whales provoke emotional responses to offshore wind

• 31 March 2023

There is no evidence that offshore wind development is causing whale deaths in the US. It has become a political issue nevertheless.

US Solar Market Insight

US Solar Market Insight™ is a collaboration between the Solar Energy Industries Association® and Wood Mackenzie that brings the most in-depth analysis and forecasts on the solar industry to professionals in the form of quarterly and annual reports.

COP26: Can petrochemicals square the circle?

• 29 September 2021

Polymer value chains currently account for 4% of energy related GHG emissions, and this figure is set to rise to 10% by 2050 as plastic demand rises to meet the needs of the rising global middle-class.

Assessing the risks to US renewables

• 17 September 2024

US tax credits for low-carbon energy have bipartisan support, but could still come under pressure in the next Congress. Wood Mackenzie has modelled a “severe downside scenario” to show the possible impact on investment if the credits are cut.

Asia Pacific renewables generation investments could hit US$1.3 trillion by 2030

• 22 June 2021

Asia Pacific renewables (wind and solar) generation investments could double to US$1.3 trillion over the current decade to 2030 compared to the previous decade (2011 – 2020), says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

Demand growth creates new challenges for the power industry

• 01 March 2024

Utilities already grappling with decarbonisation and climate risks now face growing demand from data centres to support AI applications.

Google sets a new challenge for renewable energy

• 18 September 2020

Tech companies have been matching their electricity use with purchases of wind and solar power. Now Google wants to go further and run its operations on renewables 24/7

Record highs for global wind turbine order intake in 2023

• 18 March 2024

Global wind turbine order intake hit new highs in 2023 with 155 gigawatts (GW) procured for the year, an increase of 16 GW from 2022.

Solar & Energy Storage Summit 2026

• 29 April 2026

Join Wood Mackenzie’s expert team of solar and energy storage research analysts and consultants in Denver from 29-30 April 2026 as they engage in powerful conversations with solar and energy storage developers, utilities, RTOs/ISOs, commercial offtakers, state and federal policymakers and regulators, financiers and the solar and storage supply chain.

Future energy – green hydrogen

• 04 February 2020

Zero-carbon energy is the future. In the Edge this week we look at green hydrogen and its potential to speed up decarbonisation and get the world onto a 2-degree pathway.

The US puts up the barriers to Chinese products

• 20 May 2024

China takes only a tiny share of the US markets for EVs, solar modules and steel. The Biden administration is signaling that it intends to keep it that way.

How AI is reviving the nuclear industry

• 30 September 2024

Surging electricity demand for AI is prompting companies and banks to look at building new nuclear power plants in the US. Government support will still be needed.

Anti-dumping threat throws US solar industry into turmoil

• 06 May 2022

Biden administration’s climate and energy strategy faces a conflict between supporting US manufacturing in low-carbon technologies and encouraging the fastest possible deployment of renewable energy.

Europe needs to change course to hit 2030 emissions target

• 18 February 2021

Europe’s new 2030 emissions target of a 55% reduction over 1990 levels has made it the undisputed global leader in climate ambition. However, with the region still a long way from achieving this rapidly approaching goal, dramatic changes are needed.

The challenge of growing electricity demand in the US and the shortage of critical electrical equipment

• 02 May 2024

Electrical equipment remains a significant bottleneck to utility supply chains

Time for Asia’s Sputnik moment on decarbonisation

• 22 September 2020

Halting the pandemic and rebuilding economies are the most urgent goals for the immediate future. Wood Mackenzie estimates that almost US$20 trillion – equivalent to a quarter of global GDP – will go towards stimulus packages, public health spending and delivering a vaccine over the next 12-18 months alone.

Webinar: Financing the next generation of merchant energy storage projects

• 27 October 2022

Financing the next generation of merchant energy storage projects

Solar: predictions for 2024

• 17 January 2024

From a slowdown in growth in several key markets to Inflation Reduction Act (IRA) impacts, a look at the key themes and trends for global solar in the year ahead.

US energy storage market sets Q1 capacity installation record

• 18 June 2024

The U.S. energy storage market set a first-quarter record for capacity installed in Q1 2024, with 1,265 megawatts (MW) deployed across all segments. This marks the highest storage capacity ever installed in a first quarter in the U.S., representing an 84% increase from Q1 2023.

China’s green ambitions can complement energy security and economic goals

• 18 March 2021

Wood Mackenzie’s latest report reveals that China’s march towards carbon neutrality by 2060 can complement both energy security and economic goals.