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Wind turbine prices to rise by up to 10%

16 August 2021

Wind turbine prices are expected to increase by up to 10% over the next 12 to 18 months due to increases in commodity prices, logistics costs, and coronavirus-related challenges, according to new analysis from Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

Comment

Latest IPCC climate report calls for reaching net zero emissions earlier than 2050

10 August 2021

Wood Mackenzie Asia Pacific Head of Markets and Transitions Prakash Sharma responds to the recently released IPCC report.

News Release

Community solar stakes claim in US power market

27 July 2021

Community solar is taking an increasing slice of market share in the US. State-level programs and incentives fueled a record-breaking year of growth in 2020, accounting for 37% of annual non-residential solar capacity – up from just 13% in 2016. Now, with new programs emerging and mature markets facing challenges, can the sector maintain its growth?

News Release

Battery electric vehicles to dominate vehicle sales by 2050

28 June 2021

Battery electric vehicles (BEVs) will be the dominant form of road transport by 2050, accounting for 56% of all vehicle sales that year, according to new research from Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

News Release

Japan unlikely to meet 46% emissions reduction by 2030

15 June 2021

Japan is unlikely to reach a 46% reduction in emissions by 2030 compared to 2013 levels, according to research by Wood Mackenzie.

News Release

South Korea could be more ambitious with renewables target in 9th Basic Plan

15 June 2021

South Korea could be more ambitious with its 9th Basic Plan’s 2030 renewables capacity target, according to research by Wood Mackenzie.

News Release

US energy storage market sets Q1 record for deployments

08 June 2021

According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor’ report, 910 megawatt-hours (MWh) of new energy storage systems were brought online in Q1 2021. This is an increase of 252% over Q1 of last year, making it the biggest Q1 so far for the US storage market.

News Release

UK charts course for net zero North Sea

06 May 2021

The UK government and the country’s oil and gas sector recently agreed a deal to leverage the upstream industry's capabilities, accelerate the energy transition and help the North Sea reach net zero by 2050.

Comment

Australia's pathway to net-zero emissions by 2050

20 April 2021

On 19 April, Australian PM Scott Morrison's commented on the country's road to net-zero emissions.

News Release

Renewable auctions no silver bullet for decarbonisation in Europe

24 March 2021

Up to the mid-2020s, approximately 70% of wind and solar development activity will be supported by auctions. However, data from across Europe highlights that market-level dynamics are shaping the approach of would-be developers. As such, auctions alone will not be enough to deliver much-needed capacity, according to Wood Mackenzie.

News Release

Commercial electric vehicle charging equipment market worth over $870 billion by 2050

10 March 2021

Government funding and zero-emission vehicle regulations are strong drivers for commercial electric vehicle (EV) adoption in every region thus far, therefore reducing the primary barrier to commercial EV adoption: cost. This policy support will see the annual market value of electric bus and truck charging outlets pass the $200 billion mark by 2045, according to Wood Mackenzie.

News Release

Global offshore wind O&M market to grow 16% annually to US$12 billion by 2029

09 March 2021

Wood Mackenzie’s latest report shows that the global offshore wind operations and maintenance (O&M) market is expected to grow 16% annually to reach US$12 billion (€10 billion) by 2029.

News Release

Significant increase in carbon pricing is key in 1.5-degree world

04 March 2021

Wood Mackenzie’s latest scenario report reveals that a significant increase in carbon pricing is needed to achieve the goals of limiting the rise in global temperatures to within 1.5 degrees Celsius.

News Release

Floating offshore could be largest frontier for wind power in Asia Pacific

23 February 2021

Floating offshore could be the next frontier in wind power development in Asia Pacific, says Wood Mackenzie.

Comment

Myanmar coup and impact on oil and gas industry

04 February 2021

Following the military coup in Myanmar on Monday, February 1st, Wood Mackenzie and Verisk Maplecroft experts weigh in on what this means for the oil and gas industry.

News Release

Australia should revise RET policy; more ambitious target needed to unlock investments

04 February 2021

Australia needs an ambitious long-term Renewable Energy Target (RET) policy to unlock future investments, says Wood Mackenzie.

News Release

Climate commitments to top energy and mining agendas in 2021

27 January 2021

What are the biggest emissions trends to watch this year? James Whiteside, Wood Mackenzie Global Head of Multi-Commodity Research, and Amy Bowe, Wood Mackenzie Head of Carbon Research, see five key themes

News Release

Europe's Green Deal and pandemic recovery to take centre stage in 2021

07 January 2021

With hopes of vaccines setting a better course for 2021, this year will see policymakers and market participants focus on initial but substantive steps towards net-zero objectives.

News Release

The UK's 10-point climate action plan - what does it mean for energy?

18 November 2020

Prime Minister Boris Johnson has announced the UK's new 10-point climate action plan.

Horizons

Staying power: how new energy realities risk extending coal's sunset

17 July 2025

In this Horizons, we explore a new global high thermal coal demand case, examining the drivers of a higher outlook for coal and what this means for investors, technologies and global climate goals.

Horizons

Trading cases: tariff scenarios for taxing times

21 May 2025

In this edition of Horizons, we explore how the Trump administration's 'Liberation Day' tariffs marked a pivotal moment in global trade, potentially reversing the effects of China's 2001 WTO entry and accelerating deglobalization trends.

Horizons

Conversation starters: five energy charts to get you talking

03 December 2024

In our final Horizons of 2024, we have compiled five charts to make you think. We start and end with charts on the power markets of the world’s two largest economies, the US and China.

Horizons

Carbon removals: the 'net' in net zero

19 September 2024

The world is not decarbonising quickly enough to reach net zero.

Horizons

Adding fire to e-fuels: are synthetic fuels the key to unlocking growth in hydrogen?

11 June 2024

Identifying pathways from legacy fuels into low-carbon alternatives is a perennial challenge for incumbent energy players. Finding the optimal blend of competitive hydrogen costs, CO2 sourcing and policy support will be key.

Horizons

The nuclear option: making new nuclear power viable in the energy transition

18 May 2023

The future will run on electricity, yet the world is struggling to decarbonise its power supply and meet demand. The 2022 energy crisis has put energy security and reliability front of mind for governments and underscored the need to press ahead with the development of alternative energy sources.

Content

Avoiding pand-ammonia: how to kick-start a global low-carbon ammonia industry

17 November 2022

Ammonia shapes modern life in every way imaginable. As the basis for all nitrogen fertilisers, industrial ammonia has truly changed the world.

Content

Energy super basins: where the renewable, CCS and upstream stars align

21 July 2022

The world’s need for sustainable energy is set to change the geography of the oil and gas industry, increasingly entwining it with renewables. The upstream industry of the 2030s and beyond, therefore, must focus on where its synergies with new energies are strongest.

Content

Sea change: navigating the trillion-dollar offshore wind opportunity

18 May 2022

Offshore wind is poised to become one of the key technologies powering the decarbonisation of the global economy. Read more.

Content

Security alert: five lessons from the energy crisis

21 April 2022

The crisis caused by Russia’s invasion of Ukraine is the most significant shock to world energy markets since the 1970s. Read more.

Content

No pain, no gain – the economic consequences of accelerating the energy transition

18 January 2022

Wood Mackenzie’s base-case Energy Transition Outlook sees global temperatures 2.5-2.7 °C above pre-industrial levels by mid-century. To limit this warming to 1.5 °C, in line with the Paris Agreement, the energy transition must accelerate. The world has the means, motive and opportunity to do so.

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Search results: 1974

Wind turbine prices to rise by up to 10%

Latest IPCC climate report calls for reaching net zero emissions earlier than 2050

Community solar stakes claim in US power market

Battery electric vehicles to dominate vehicle sales by 2050

Japan unlikely to meet 46% emissions reduction by 2030

South Korea could be more ambitious with renewables target in 9th Basic Plan

US energy storage market sets Q1 record for deployments

UK charts course for net zero North Sea

Australia's pathway to net-zero emissions by 2050

Renewable auctions no silver bullet for decarbonisation in Europe

Commercial electric vehicle charging equipment market worth over $870 billion by 2050

Global offshore wind O&M market to grow 16% annually to US$12 billion by 2029

Significant increase in carbon pricing is key in 1.5-degree world

Floating offshore could be largest frontier for wind power in Asia Pacific

Myanmar coup and impact on oil and gas industry

Australia should revise RET policy; more ambitious target needed to unlock investments

Climate commitments to top energy and mining agendas in 2021

Europe's Green Deal and pandemic recovery to take centre stage in 2021

The UK's 10-point climate action plan - what does it mean for energy?

Staying power: how new energy realities risk extending coal's sunset

Trading cases: tariff scenarios for taxing times

Conversation starters: five energy charts to get you talking

Carbon removals: the 'net' in net zero

Adding fire to e-fuels: are synthetic fuels the key to unlocking growth in hydrogen?

The nuclear option: making new nuclear power viable in the energy transition

Avoiding pand-ammonia: how to kick-start a global low-carbon ammonia industry

Energy super basins: where the renewable, CCS and upstream stars align

Sea change: navigating the trillion-dollar offshore wind opportunity

Security alert: five lessons from the energy crisis

No pain, no gain – the economic consequences of accelerating the energy transition

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