US$ 27 billion investment required to mobilise global offshore wind supply chain

• 17 August 2023

The global offshore wind supply chain will require US$ 27 billion of secured investment by 2026 if it is to meet a fivefold growth in annual installations (excluding China) by 2030, according to latest Horizons report by Wood Mackenzie, a global insight business for renewables, energy and natural resources.

US Department of Energy to invest US$7 billion into seven regional hydrogen hubs

• 17 October 2023

The announcement by the U.S. Department of Energy (DOE) to invest US$7 billion across seven Regional Clean Hydrogen Hubs (H2Hubs) signifies a significant step towards creating a low-carbon hydrogen economy, according to Wood Mackenzie.

Emissions-free supply expected to rise to 85% by 2030 in Europe

• 29 November 2023

The European power market will see its carbon intensity plummet as the region pursues ambitious climate-energy policies but flexibility is key to enable this change, according to Peter Osbaldstone, Research Director, Europe Power & Renewables at Wood Mackenzie.

Record-breaking 1.7 GW of US community solar installed in 2024

• 19 February 2025

The US community solar market installed a record-breaking 1.7 GWdc of capacity in 2024, a 35% increase from 2023, according to a new report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA). However, with policy uncertainty at both national and state levels, long-term growth hangs in the balance.

Brazil power market to install 115 GW of new capacity by 2034

• 14 August 2024

The Brazilian power market is expected to install 115 gigawatts (GW) of new capacity by 2034, primarily driven by the rise of free market demand. Wind and solar energy will spearhead growth, with 61 GW of utility and distributed solar and 24 GW of onshore wind projects due to be added in the next 10 years.

US community solar market to break 14 GWdc of cumulative capacity by 2029

• 08 August 2024

7.3 gigawatts direct current (GWdc) of total new community solar installations are expected to come online in existing state markets by 2029 in the US, according to the latest report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA). Cumulative national community solar installations will break 14 GWdc by 2029.

Global PV tracker shipments grew by 28% in 2023 to 92 GWdc

• 25 July 2024

Global PV tracker shipments grew by 28% in 2023 to 92 gigawatts direct current (GWdc), reflecting a strong year for utility-scale solar in most regions across the world.

South America to see onshore wind capacity double in the next 10 years

• 09 July 2024

South America’s cumulative onshore wind capacity will double to 79 GW in the next 10 years as developers install 40 GW of new capacity by 2033.

Solar installations skyrocket in 2023 in record-setting first full year of Inflation Reduction Act

• 06 March 2024

The U.S. solar industry added a record-shattering 32.4 gigawatts (GW) of new electric generating capacity in 2023, a 37% increase from the previous record set in 2021 and a 51% increase from 2022.

EU will miss 2050 climate targets by a decade, without urgent action

• 22 February 2024

Despite ambition across its members, the EU won’t meet climate targets until well into the 2060s, as focus shifts to energy security and economic stability. Renewables and electrification uptake is due to progress steadily, but nascent technologies, such as hydrogen and carbon capture, need urgent action in the forms of investment, demand certainty, and policy commitment.

Cumulative US community solar installed capacity expected to break 14 GWdc by 2028

• 21 February 2024

US cumulative community solar installations are forecasted to break 14 gigawatts direct current (GWdc) in existing state markets by 2028, according to the latest report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA).

Singapore's low carbon power target of 4 GW achievable by 2035

• 19 June 2024

Singapore's low carbon power target of 4 GW achievable by 2035

Middle East conflict accelerates nuclear expansion in Japan and South Korea

• 18 March 2026

Middle East conflict is reinforcing energy security as a central pillar of power planning in Japan and South Korea, with coal generation providing a significant near-term buffer. During the current shoulder season, coal fleets could offset up to 70% of gas-fired generation in Japan and more than 100% in South Korea of the same season last year, according to new analysis from Wood Mackenzie. While both markets remain relatively insulated from immediate fuel supply disruption, the crisis is accelerating structural shifts toward nuclear expansion, slower coal retirements and the localisation of clean energy supply chains.

Middle East conflict to have limited near-term impact on Southeast Asia power markets, but raises long-term energy security risks

• 24 March 2026

Southeast Asia’s power markets are showing resilience to the ongoing Middle East conflict, but the crisis is reinforcing energy security as a central pillar of long-term power planning across the region. While regulated pricing and long-term LNG contracts are expected to shield most markets from severe near-term price shocks, the disruption is likely to accelerate a reassessment of generation strategies, according to the latest analysis from Wood Mackenzie.

The future for green hydrogen

• 25 October 2019

A new report on green hydrogen from Wood Mackenzie shows promise for the emerging technology.

The real-time European power market solution for financials

• 20 July 2023

A robust, ready-to-run, integrated platform to help you understand fast-moving power markets

The real-time European power market solution for utilities

• 20 July 2023

A robust, ready-to-run, integrated platform to help you adapt to rapidly changing power demand

3 key takeaways from the Energy & Sustainability Forum North America

• 25 July 2024

A look at the key themes from the conference, including sustainable aviation fuels, investment economics, and routes to carbon reduction

Inside the numbers: How LCOE is reshaping global power economics

• 12 November 2025

Analysing levelised cost of electricity (LCOE) developments in 2025 and beyond

New rules and frameworks in global carbon policies

• 15 April 2024

Read on for developments in carbon policy coming out of the US, UK and EU

The debate over US hydrogen tax credits is coming to a head

• 19 January 2024

Treasury guidance on tax credits for low-carbon hydrogen has divided the industry. Clarity over the rules would benefit the whole sector.

Horizons Live: Pedal to the metal

• 04 October 2022

Watch on demand as our panel answers questions on the challenges facing the steel industry from the growing supply demand to the collective global goal of achieving net zero by 2050.  

Global PV inverter shipments grew by 56% in 2023 to 536 GWac

• 06 August 2024

Global PV inverter shipments grew by 56% to 536 gigawatts alternating current (GWac) in 2023, reflecting a strong year for the broader solar industry. The top 10 global PV inverter vendors accounted for 81% of the market.

The EV boom depends on policy support

• 28 October 2022

Manufacturers are betting big on the rapid growth of EV sales in the US. Political and legal uncertainty is the greatest risk.

Electric vehicles and battery supply chain: bumpy road ahead in 2023?

• 18 January 2023

Will EV sales accelerate in 2023? Can the supply chain keep up? And how will the industry navigate decarbonisation targets?

Will electric vehicle manufacturers be able to secure enough raw materials moving forward?

• 06 April 2018

We sat down with Dukascopy TV to discuss what's happening with the battery and raw materials used in electric vehicles.

Macroeconomics

Understand the interplay between commodities and the economy with macroeconomics analysis to help forecast the pace of global economic development to 2035.

Can the rest of the world repel China’s magnetic pull over rare earth metals?

• 19 May 2022

By investing across complex supply chains, Chinese companies have integrated rare earth mining, processing, metal production and magnet manufacturing, allowing China to then dominate high value-add sectors including drivetrains for electric vehicles and generators for wind turbines.

Asia-Pacific solar demand to decline first time this year

• 24 October 2018

After a decade of stellar growth, Wood Mackenzie forecasts that solar demand in the Asia-Pacific will decline for the first time this year. Compared to 2017, the region's solar demand will dip 18% to 59 GW in 2018 due to declining installations in China, India and Japan.

Asia-Pacific offshore wind capacity to rise 20-fold in next decade

• 24 October 2018

New research from global natural resources consultancy Wood Mackenzie indicates Asia-Pacific's offshore wind capacity will rise 20-fold to 43 GW in 2027.