• Comment

  China pledges to be carbon-neutral by 2060

  • 23 9月 2020

  On 22 September, China announced its ambition to be carbon-neutral by 2060. Wood Mackenzie experts weigh in on what this means.

• News Release

  Achieving 2-degree world remains Herculean task

  • 24 9月 2020

  Wood Mackenzie’s annual Energy Transition Outlook, released today, says the world must combine coronavirus recovery efforts with massive investments in renewable energy and clean infrastructure if it is to limit global warming to 2 degrees or lower.

• News Release

  Global energy storage capacity to grow at CAGR of 31% to 2030

  • 30 9月 2020

  Wood Mackenzie’s latest report shows global energy storage capacity could grow at a compound annual growth rate (CAGR) of 31%, recording 741 gigawatt-hours (GWh) of cumulative capacity by 2030.

• News Release

  LME Week 2020: $1 trillion needed for key energy transition metals by 2035

  • 21 10月 2020

  More than $1 trillion of investment will be needed in key energy transition metals - aluminium, cobalt, copper, nickel and lithium - over the next 15 years just to meet the growing demands of decarbonisation, according to Wood Mackenzie. This is almost double the figure invested over the previous 15 years.

• News Release

  Europe losing global energy storage battle as US and China race ahead

  • 09 11月 2020

  Europe is set to lose the global energy storage race unless government auctions begin to incentivise flexible power, according to research from Wood Mackenzie.

• News Release

  Renewables in most of Asia Pacific to be cheaper than coal power by 2030

  • 26 11月 2020

  Wood Mackenzie’s latest report shows most markets in Asia Pacific can expect to see cheaper levelised cost of electricity (LCOE) for renewables compared to coal by 2030.

• News Release

  US energy storage market shatters records in Q3 2020

  • 02 12月 2020

  According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest 'US Energy Storage Monitor' report, 476 megawatts (MW) of storage were deployed in Q3 2020. This is an increase of 240% over the previous high, set last quarter. 

• News Release

  Top 3 turbine OEMs to capture 60% of global market by 2029

  • 03 12月 2020

  The top three wind turbine players - Vestas, SGRE and GE - will increase their combined global market share from 43% in 2019 to 60% by 2029, according to new research from Wood Mackenzie.

• News Release

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

  • 15 12月 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.

• News Release

  Driving toward a majority renewables America to catalyse nearly one million direct U.S. clean energy jobs

  • 16 12月 2020

  According to a new, first-of-its-kind study released today by Wood Mackenzie and the American Clean Power Association, reaching a majority renewables grid will deploy over $1 trillion in capital investment into the American economy over the next decade, while supporting 980,000 direct jobs, stabilising wholesale power prices, and reducing U.S. carbon emissions by over 60%.

• News Release

  Asia Pacific FTM storage costs to decline 30% by 2025

  • 19 1月 2021

  All-in front-of-the-meter (FTM) battery storage system costs in Asia Pacific markets could decline by more than 30% by 2025, says Wood Mackenzie.

• News Release

  Solar power now cheapest way to add electricity in many markets - and getting cheaper

  • 21 1月 2021

  The cost of solar power has dropped 90% over the last two decades, and will likely fall another 15% to 25% in the decade to come, says Wood Mackenzie. By 2030, solar will become the cheapest source of new power in every US state, plus Canada, China, and 14 other nations.

• News Release

  700 million electric vehicles will be on the roads by 2050

  • 08 2月 2021

  Electric vehicle (EV) sales are expected to reach 62 million units per year by 2050, with a total global EV stock of 700 million, according to new research from Wood Mackenzie.

• News Release

  Greentech Media's integration with Wood Mackenzie

  • 12 2月 2021

  Wood Mackenzie acquired Greentech Media in 2016 and in 2019 integrated the GTM research practice into our ever-expanding Power and Renewables research team. Since then we have continued to use greentechmedia.com and GTM Squared as vehicles to present green technology and renewables news. Recognising the strategic importance of the energy transition to Wood Mackenzie, the time has now come for us to fully integrate Greentech Media.

• News Release

  Europe needs to change course to hit 2030 emissions target

  • 18 2月 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.

• News Release

  BMW Group must prioritise full-electric cars to meet 2030 targets

  • 25 2月 2021

  BMW Group – which is comprised of BMW, Mini, Rolls-Royce and Zinoro – is targeting 7 million in battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) stock by 2030, which would see over 1 million combined sales of these cars globally by the same date. However, Wood Mackenzie projects the company will only meet 61% (4.2 million) of that stock target by 2030.

• News Release

  US energy storage market shatters quarterly deployment record

  • 03 3月 2021

  According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor’ report, 2,156 megawatt-hours (MWh) of new energy storage systems were brought online in Q4 2020. This is an increase of 182% from Q3 2020, making Q4 the new record quarter for U.S. storage.

• News Release

  U.S. solar industry sets records in 2020, on track to quadruple by 2030

  • 16 3月 2021

  The U.S. solar industry grew 43% and installed a record 19.2 gigawatts (GWdc) of capacity in 2020, according to the ‘U.S. Solar Market Insight 2020 Year-in-Review’ report, released today by Wood Mackenzie and the Solar Energy Industries Association (SEIA).

• News Release

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

  • 18 3月 2021

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

• News Release

  Chinese NEV and HEV sales to rise over 15-fold by 2035

  • 23 3月 2021

  Sales of China’s new energy vehicles (NEV) and hybrid electric vehicles (HEV) combined are expected to rise 15-fold or more by 2035 with their share in total new car sales exceeding 80%, says Wood Mackenzie.

• News Release

  Global wind power installations hit record levels in 2020

  • 29 3月 2021

  114 GW of new wind capacity was added globally in 2020, representing an 82% increase year-over-year (YoY), according to new research from Wood Mackenzie. This is the highest global annual installation total on record.

• News Release

  Americas to lead global energy storage market by 2025

  • 20 4月 2021

  According to new research from Wood Mackenzie, the Americas region will overtake Asia Pacific by 2025 to lead the global storage market, with a total capacity of 371 GWh in 2030. Most of this growth will come from the US.

• News Release

  UK accelerates plan to cut carbon emissions

  • 20 4月 2021

  Today's announcement outlining the UK's plan to set a legally binding 78% greenhouse gas emissions reduction target (on 1990 levels) through its Sixth Carbon Budget is another significant milestone on the road to its goal of net-zero emissions by 2050.

• News Release

  Wood Mackenzie appoints Ben Hertz-Shargel as Global Head of Grid Edge

  • 05 5月 2021

  Wood Mackenzie, a leading provider of commercial intelligence for the world's natural resources sector, has appointed Ben Hertz-Shargel to the role of Global Head of Grid Edge

• Comment

  Australia releases Budget 2021

  • 12 5月 2021

  Wood Mackenzie experts comment on the recently announced Australia Budget 2021.

• News Release

  Australia’s low-carbon hydrogen trade could be worth up to US$90 billion in 2050

  • 17 6月 2021

  Low-carbon hydrogen could become a US$50 billion to US$90 billion export industry for Australia in 2050, says Wood Mackenzie.

• News Release

  Wood Mackenzie expands energy transition expertise with acquisition of Roskill

  • 18 6月 2021

  Wood Mackenzie is pleased to announce its acquisition of Roskill, a privately-owned company and leader in metals and materials supply chain intelligence.

• News Release

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

  • 22 6月 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).

• News Release

  New global wind power life cycle emissions to reach 55 Mt CO2 from 2020-2050

  • 08 7月 2021

  According to Wood Mackenzie, a Verisk business (Nasdaq:VRSK), global wind power life cycle emissions will reach 55 million tonnes of carbon dioxide equivalent (Mt CO2) from 2020 to 2050, a result of wind power capacity expanding five-fold to 3.7 terawatts from 2020 to 2050. This is roughly equivalent to four times the US’s total power capacity in 2020.

• News Release

  Next commodities supercycle will be driven by global energy transition

  • 15 7月 2021

  Another commodities supercycle is on the horizon, but it will be different from any that have come before. Fossil fuels won’t be in the vanguard and the winners will be the industrial metals needed to electrify society - cobalt, lithium, copper, nickel, and aluminium.