• Comment

  What would an EU carbon border adjustment mechanism mean?

  • 14 7月 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.”

• News Release

  EU’s ‘Fit for 55’ lays out bloc’s green blueprint

  • 14 7月 2021

  Europe is at the forefront of the shift to net zero, both in ambition, but also in terms of how to make rapid and deep decarbonisation a reality. The world needs to reduce carbon dioxide (CO2) emissions as quickly as possible. Not doing so means we will need to turn to expensive and unproven technologies to withdraw CO2 from the atmosphere later this century.

• Comment

  Japan’s new 2030 energy mix unveils radical plans to transform the energy system

  • 27 7月 2021

  Last week, Japan’s Ministry of Economy, Trade and Industry (METI) released a draft of its upcoming 6th Strategic Energy Plan which included major changes to the FY2030 power generation mix targets.

• Comment

  Slower H2 demand across most commodities in China

  • 28 7月 2021

  Demand across most commodities in China is expected to slow down in the second half of 2021, according to Wood Mackenzie’s new monthly China Economic Focus report.

• Comment

  China’s CATL launches sodium-ion battery

  • 29 7月 2021

  China’s CATL unveiled its newly-developed sodium-ion battery at a launch event today.

• News Release

  Solar energy to boost demand for base metals

  • 09 8月 2021

  According to a new report from Wood Mackenzie, a Verisk business (Nasdaq:VRSK), solar power will have a significant impact on demand for aluminium, copper, and zinc, with the usage of all three metals in the sector set to double by 2040.

• News Release

  Drought puts pressure on Brazil’s power sector

  • 08 9月 2021

  The severe drought in Brazil will contribute to an extremely tight power balance in the country, new research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows.

• News Release

  US solar prices on the rise

  • 14 9月 2021

  Despite the addition of 5.7 gigawatts (GWdc) of solar capacity in Q2 2021, supply chain constraints are leading to price increases across every solar market segment, according to the U.S. Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

• News Release

  Global energy storage set to triple in 2021

  • 07 10月 2021

  New research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows annual global storage deployments will nearly triple year-on-year, reaching 12 GW/28 GWh in 2021. Across the world, economic recovery is top of mind for politicians, with renewable energy integration taking centre stage. Despite disruptions from the Covid-19 pandemic, Wood Mackenzie’s Global Energy Storage Outlook, released today, forecasts nearly 1 TWh of total demand from 2021-2030.

• News Release

  China could ease restrictions on Australian coal and increase supply to alleviate power crunch

  • 08 10月 2021

  Wood Mackenzie believes that Chinese authorities could allow customs clearance of stranded Australian thermal coal. In addition, the local governments in Yulin region of Shaanxi province and Inner Mongolia have announced yesterday that they will be increasing coal supply to meet demand.

• Comment

  Low-carbon fuels could play a role in Asia Pacific’s decarbonisation efforts

  • 25 10月 2021

  Minister for Trade and Industry Gan Kim Yong said today that Singapore plans to import around 30 per cent of its electricity from low-carbon sources by 2035.

• Comment

  China’s GDP to further decelerate in Q4 2021

  • 01 12月 2021

  China’s economy has faced headwinds from flooding, Covid outbreaks and power rationing in H2 2021. This resulted in a steeper-than-expected economic slowdown for the third quarter, says Wood Mackenzie

• News Release

  Li-ion battery recycling not expected to take off before 2030

  • 08 12月 2021

  Lithium-ion (Li-ion) battery recycling is not expected to take off before 2030, according to a new report by Wood Mackenzie.

• News Release

  Solar prices continue to rise but Build Back Better Act will boost installs 31% through 2026

  • 14 12月 2021

  For the second quarter in a row, trade policy uncertainty and supply chain constraints are driving solar price increases across all market segments, according to the US Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

• News Release

  Global installed wind power capacity set to grow by 9% to 2030

  • 15 12月 2021

  Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie.

• News Release

  Sweden could become a pioneer in green steel production

  • 21 12月 2021

  Sweden has shown it has potential to become a pioneer in green steel production, says Wood Mackenzie.

• News Release

  Renewable power in Asia Pacific gains competitiveness amidst cost inflation

  • 11 1月 2022

  Asia Pacific’s levelised cost of electricity (LCOE) for renewable power broke historical trends and rose in 2021 but still gained ground against fossil fuel power says Wood Mackenzie.

• News Release

  Energy transition may shave 2% off global GDP by 2050

  • 20 1月 2022

  The world has the means, motive and opportunity to cap global warming to the 1.5°C limit agreed in the Paris Climate Accord, new research released today by Wood Mackenzie, a Verisk company (Nasdaq: VRSK) shows. But there will be tangible economic implications of an accelerated energy transition. While global economic output is likely to take a hit until 2050, it could be recoverable by the end of the century, according to Wood Mackenzie.

• News Release

  Wood Mackenzie brings light to homes in Puerto Rico

  • 08 3月 2022

  A team of three analysts from global energy consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), are in Puerto Rico this week helping install solar panels on homes as part of a new initiative with charity Let’s Share the Sun Foundation.

• News Release

  Global lithium-ion battery capacity to rise five-fold by 2030

  • 22 3月 2022

  Global cumulative lithium-ion battery capacity could rise over five-fold to 5,500 gigawatt-hour (GWh) between 2021 and 2030, says Wood Mackenzie.

• News Release

  World must double-down on plans to achieve net zero by 2050

  • 23 3月 2022

  Over the last year, strong demand recovery and a lack of investment in supply has caused prices to rise across sectors. Energy security and geopolitical tensions have added unprecedented uncertainty to markets across the globe. On top of that, countries and corporations still bear the massive challenge of limiting global warming to 1.5 ˚C.

• News Release

  Russia-Ukraine war could slow global economic growth to 2.5% this year

  • 12 4月 2022

  Global economic growth could slow to 2.5% year-on-year in 2022 and 0.7% in 2023 due to the Russia-Ukraine war, says Wood Mackenzie.

• News Release

  How the energy transition can reduce the risk of future shocks

  • 21 4月 2022

  Five key lessons from today's energy crisis on how to manage the shift to lower-carbon sources while strengthening energy security

• News Release

  Look beyond bid price and lease fees to win in trillion-dollar offshore wind sector

  • 18 5月 2022

  Cumulative global capex spend in the offshore wind sector is expected to hit US$1 trillion by 2031, according to a new report by Wood Mackenzie. However, investors will no longer only be competing on price alone.

• News Release

  U.S. Solar Industry Sees Worst Quarter Since 2020

  • 07 6月 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.

• News Release

  US commercial solar project acquisitions see dramatic price variation over 2018-2021

  • 08 6月 2022

  US commercial solar project acquisitions continue to attract investor attention as interest in ESG investing grows. Today’s buyers and sellers of commercial solar projects are contending with the opposing dynamics of higher interest rates and increasing power prices. These findings come from the Commercial Solar PV Project Acquisition Trends report released today by Wood Mackenzie, a Verisk business (Nasdaq: VRSK), and Open Energy Group (OEG), a technology-driven marketplace for renewable energy asset sales and project finance.

• News Release

  Recycling alone can ease raw materials supply pressure but cannot meet demand

  • 13 6月 2022

  While recycling can relieve some pressure from the supply deficit of battery raw materials, it will not be able to meet demand, says Wood Mackenzie.

• Comment

  Major energy players raise the game in green investments in Asia

  • 15 6月 2022

  BP confirmed today that it picked up over 40% stake in the Asian Renewable Energy Hub project to produce and export green hydrogen in Australia.

• News Release

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

  • 16 6月 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

  Global top 10 solar PV inverter vendors account for 82% of market share

  • 08 7月 2022

  Global top 10 solar photovoltaic (PV) inverter vendors shored up 82% of market share in 2021, increasing by 2 percentage points compared to 2020, says Wood Mackenzie.