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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.

Opinion

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.

News Release

Solar market forges ahead in Q3 as residential installations recover and utility-scale pipeline grows

15 December 2020

According to the U.S. Solar Market Insight Q4 2020 report, released today by Wood Mackenzie and the Solar Energy Industries Association (SEIA), solar accounts for 43% of all new electric generating capacity additions through Q3 2020, more than any other electricity source. The report projects a record 19 GW of new solar capacity installations in 2020, representing 43% year-over-year growth from 2019.

Opinion

Horizons podcast: Pedal to the metal

26 September 2022

We discuss the growing global demand for steel and the industry-wide challenge in achieving net zero emissions by 2050.

News Release

Offshore wind sector doubled down on tangible opportunities in 2023

31 January 2024

Despite supply chain headwinds and price pressures, the global offshore wind sector saw significant growth in its mature pipeline, as late-stage pipeline mergers & acquisitions, turbine orders, and project financial investment decisions (FIDs) saw record activity in 2023. This has boosted the sector’s momentum into 2024.

Opinion

ASEAN at 50: new ways to foster LNG and power cooperation

17 October 2017

ASEAN has to explore new ways of energy cooperation among its members.

Comment

What would an EU carbon border adjustment mechanism mean?

14 July 2021

The EU Commission proposed a carbon border adjustment mechanism (CBAM) as part of today’s “Fit for 55” package. James Whiteside, global head of multi-commodity research at Wood Mackenzie, said: “As the first mechanism of its kind, the CBAM is being designed in consultation with industry to avoid unintended consequences. “A CBAM that does not cover a substantial portion of the production chain will encourage carbon leakage - pushing emissions beyond the borders of the EU or shifting competition between EU and non-EU producers to the next stage of the value chain.”

Featured

The changing face of global energy: Latin America takes centre stage

14 May 2018

As market share for renewables gains momentum, key players are entering the scene across Latin America. With Mexico's Energy Reform enabling solar and wind capacity to grow, Brazil making a comeback in wind power and Argentina emerging as the fastest-growing regional market for renewable energy, it's clear that these countries will continue to dominate the spotlight.

Partnered Content

How solid oxide fuel cells provide reliable power and drive decarbonization

20 September 2023

Businesses shouldn’t have to choose between reliable power and making decarbonization progress.

The Edge

The new investment cycle in energy and metals

03 February 2023

On this week's The Edge, Simon Flowers examines the new investment cycle underway for commodities to meet the growing demand from both a recovering global economy and the energy transition.

Opinion

US LNG export restrictions underline the case for blue ammonia

02 February 2024

The Biden administration’s pause in LNG project approvals points to new political risks for US gas exports. Blue ammonia could be a solution

The Edge

Walking Japan’s energy tightrope

06 February 2025

Japan’s new energy plan reshapes its path to net zero, balancing nuclear, renewables and LNG for a secure energy future.

Opinion

Electric vans on the brink of a commercial breakthrough

16 April 2021

There is a dispute over whether the US Postal Service should buy EVs, but the private sector is pressing ahead with orders.

Opinion

Learning the right lessons from the Texas crisis

03 December 2021

The blackouts raise important questions about investment, innovation and electricity market design, as the share of variable renewable generation on the grid increases.

Opinion

US energy companies brace for tariff impact

07 February 2025

Breaking down the impact of US tariffs on energy, trade and global markets

Opinion

US nuclear’s problems add to the challenge of carbon-free power

30 April 2021

The shutdown of the Indian Point nuclear plant underlines the difficulty of achieving 100% zero-carbon electricity in the US by 2035

News Release

World heading for a 3°C warming trajectory, as political headwinds slow the energy transition

02 May 2024

A five-year delay to the energy transition could see the global average temperature rise to 3°C above pre-industrial levels.

Opinion

Strong gas demand raises questions over emissions

11 September 2023

As demand for gas grows, it poses challenges for global climate goals. Suppliers will come under increased pressure to curb their emissions.

Opinion

The Biden administration struggles to get a grip on fuel prices

19 November 2021

Rising gasoline prices have become an economic problem for the US, adding to concerns about inflation, and a political problem for President Joe Biden. The administration has been trying different ways to bring them down, without much success.

Opinion

Radical reform and China’s pathway to carbon neutrality

30 September 2020

Despite being both the world’s largest energy market and largest carbon emitter, China’s position has long been that responsibility to reduce global emissions rests with rich countries: you broke it, you fix it.

Featured

The EU’s new carbon tax at the border

31 January 2020

The European Commission is proposing a new emissions-based import duty to prevent “carbon leakage”, but could face opposition from the US. This and more from Ed Crooks in this week's Energy Pulse.

Opinion

The limits to resource nationalism for lithium

12 May 2023

Chile’s president is moving to take greater control of the country’s lithium resources. It still needs to attract international companies.

Opinion

International tensions shape COP27 climate talks

14 November 2022

COP27 is ongoing, but progress could be limited by the leaders of China and India staying away from the summit in Egypt

Opinion

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

12 June 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

Key battery metals need more investment to meet climate targets

10 September 2020

According to Wood Mackenzie's Accelerated Energy Transition (AET) scenario, which sees global warming limited to 2.5 degrees (Celsius), the battery raw materials supply chain requires much more investment by 2030.

Opinion

What does the Glasgow Climate Pact mean for Asia’s energy companies?

25 November 2021

Much has been discussed on the implications of the Glasgow Climate Pact for the global economy and energy markets. And while measurable progress has been made in each field, there is no denying much work remains to be done.

Opinion

Rising oil prices test US producers’ willpower

15 January 2021

WTI above $50 means US E&Ps can hold production flat while paying down debt. But will they be tempted to go for growth?

News Release

Complete ban on Russian commodity exports accelerate LNG growth and energy transition

16 June 2022

War in Ukraine is transforming the outlook for the supply, demand and price of hydrocarbons and the pace and cost of the energy transition. While the precise timing and implementation of future bans on Russian commodity imports are difficult to predict, a rewriting of energy trade flows is now underway.

News Release

Asia Pacific could become a global leader in the energy transition

21 February 2024

Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.

Comment

Woodside takes impairment but is a US$80 carbon price the bigger news?

15 July 2020

Wood Mackenzie analysts delved deeper into implications of Woodside's announced US$80 carbon price.

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Search results: 2023

COP26: Can petrochemicals square the circle?

Assessing the risks to US renewables

Solar market forges ahead in Q3 as residential installations recover and utility-scale pipeline grows

Horizons podcast: Pedal to the metal

Offshore wind sector doubled down on tangible opportunities in 2023

ASEAN at 50: new ways to foster LNG and power cooperation

What would an EU carbon border adjustment mechanism mean?

The changing face of global energy: Latin America takes centre stage

How solid oxide fuel cells provide reliable power and drive decarbonization

The new investment cycle in energy and metals

US LNG export restrictions underline the case for blue ammonia

Walking Japan’s energy tightrope

Electric vans on the brink of a commercial breakthrough

Learning the right lessons from the Texas crisis

US energy companies brace for tariff impact

US nuclear’s problems add to the challenge of carbon-free power

World heading for a 3°C warming trajectory, as political headwinds slow the energy transition

Strong gas demand raises questions over emissions

The Biden administration struggles to get a grip on fuel prices

Radical reform and China’s pathway to carbon neutrality

The EU’s new carbon tax at the border

The limits to resource nationalism for lithium

International tensions shape COP27 climate talks

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

Key battery metals need more investment to meet climate targets

What does the Glasgow Climate Pact mean for Asia’s energy companies?

Rising oil prices test US producers’ willpower

Complete ban on Russian commodity exports accelerate LNG growth and energy transition

Asia Pacific could become a global leader in the energy transition

Woodside takes impairment but is a US$80 carbon price the bigger news?

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