China’s e-bus stock to surpass 1 million mark by 2023

• 16 September 2019

Fuelled by public policy and declining battery costs, global electric bus adoption is set to triple by 2025. The Chinese market - the most promising in this sector - will surpass the 1 million e-bus mark by 2023 and reach 1.3 million by 2025, according to new research from Wood Mackenzie.

US wind to peak in 2020 with 14.6 GW as Production Tax Credit expires

• 12 September 2019

Highlights from Wood Mackenzie's 2019 North America wind power outlook

65GW of European onshore wind turbines need upgrades or replacements by 2028

• 09 September 2019

65GW of European onshore wind turbines will reach end-of-design-life by 2028. From 2019 to 2028, an average of 4GW of turbines per year that are reaching end-of-design-life will be lifetime extension (LTE) suitable, according to new research from Wood Mackenzie.

Global wind turbine fleet to consume over 5.5Mt of copper by 2028

• 02 September 2019

Over 650 GW of new onshore and 130 GW of new offshore wind capacity will be installed between 2018 and 2028. This will consume in excess of 5.5Mt of copper, according to a recent analysis by Wood Mackenzie.

Resilience to drive US microgrid growth

• 08 August 2019

The US microgrid industry may find opportunities for substantial future growth in geographical areas that are repeatedly affected by power outages, as customers seek out resilient solutions, new research from Wood Mackenzie found.

Global solar PV installations to reach record high in 2019

• 25 July 2019

Global solar PV installations will reach a new high of 114.5 GW in 2019, up 17.5% on 2018, according to new research from Wood Mackenzie.

Japan to lose top LNG importer position to China by 2022

• 23 July 2019

According to a new report by Wood Mackenzie, Japan could lose its pole position as the world’s top LNG importer to China as early as 2022.

New York awards Equinor, Sunrise Wind major offshore wind contracts

• 19 July 2019

The US state of New York today awarded two major offshore wind contracts to Norwegian energy company Equinor, and Sunrise Wind, a joint venture between Denmark’s Ørsted and US utility Eversource.

Decarbonising US power grid 'may cost US$4.5 trillion'

• 27 June 2019

The transition to a 100% renewable US power grid will need investment of up to US$4.5 trillion over the next 10 to 20 years, new analysis from Wood Mackenzie found.

U.S. solar market sees best Q1 in history

• 18 June 2019

New findings from Wood Mackenzie Power & Renewables and SEIA's U.S. Solar Market Insight Report, Q2 2019

Unplanned wind turbine repairs to cost industry $8 billion+ in 2019

• 03 June 2019

Global onshore wind O&M costs will reach nearly $15 billion in 2019. Of that number, 57% - or $8.5 billion – will be spent on unplanned repairs and correctives caused by component failures, according to new research by Wood Mackenzie Power & Renewables.

Major policy changes in China to drive long-term solar installation growth

• 14 May 2019

The solar market in China could see long-term benefits from major government policy changes that move the country away from federal feed-in tariffs and embrace unsubsidised business models.

Asia Pacific's solar-plus-storage could see key developments in next five years

• 14 May 2019

In a recently published report, Wood Mackenzie projects solar-plus-storage prices or levelised cost of electricity (LCOE) for both utility-scale and distributed commercial & industrial (C&I) segments to decline considerably over the next five years.

More than 61GW of US wind turbine equipment has qualified for production tax credits since 2016

• 12 February 2019

Developers in the US purchased sufficient equipment to qualify 6.6GW of new wind power capacity in 2018 for 60% production tax credits (PTC) under the Internal Revenue Service’s (IRS) safe harbor provision law, according to recent analysis carried out by Wood Mackenzie Power & Renewables. Accordi...

More than 680GW of new wind power to come online over next decade

• 11 December 2018

More than 680GW of new wind power capacity will come online globally over the 10-year outlook, according to new research by Wood Mackenzie Power & Renewables. Wood Mackenzie recently upgraded its Global Wind Power Market Outlook Update: Q4 2018 by 2% compared to the outlook published in the third...

New technology investments to boost growing global wind market

• 06 December 2018

Wind turbines are set to become even bigger and better in an effort to maintain consistent downward trends of Levelized Cost of Electricity (LCOE), according to new research by Wood Mackenzie Power & Renewables. “Rapid technology developments have been a large driver of elevating wind to a compet...

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.

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.

Years of growth ahead for Eastern European onshore wind

• 23 October 2018

Onshore wind energy in Eastern Europe, Russia and the Caspian will experience a compound annual growth rate of 9% from 2018 to 2027, according to new research by Wood Mackenzie Power & Renewables.

Chinese wind asset owners keep their grip on global top 25

• 19 October 2018

Chinese operators remain the leaders of the global wind asset market, according to new research from Wood Mackenzie Power & Renewables.

Is the end of the global energy transition closer than we think?

• 17 October 2018

Is the Global Energy Transition on track? A new report by Wood Mackenzie, Thinking global energy transitions: the what, if, how and when, explores the forces shaping the energy transition, and pinpoints the sustainability tipping point – when the world shifts from the age of oil and gas to the age of power and renewables – will arrive by 2035.

Energy storage market poised for a boom Down Under

• 06 July 2018

Looking at behind-the-meter, Australia was the biggest residential storage market in the world in 2017, with a tripling of residential storage deployments over the previous year. High retail electricity rates and diminishing or expiring feed-in tariffs have encouraged residential solar customers to choose storage for self-consumption benefits. As a result, over the past few years, Australia has been the preferred testbed for new residential energy storage products, as several technology vendors have first introduced their residential product portfolios in the country.

China's LNG trucking capacity to double in medium term

• 18 June 2018

Wood Mackenzie estimates LNG trucking capacity in China to double to 38 million tonnes (mt) by 2025. China is the world's largest LNG trucking market. In 2017, 19 mt of LNG was transported via tanker truck from domestic liquefaction plants and LNG import terminals to downstream markets. This volume accounts for 12% of total gas consumption.

Who will finance Asia's coal power projects?

• 05 January 2018

Historically, coal has played a key role in meeting Asia's growing power demand. However environmental concerns has led to more stringent regulations and commitments towards tighter emission controls globally. Increasingly over the last year, financing institutions (mostly export credit agencies (ECAs) in OECD countries and European banks) have announced plans to stop investing in coal power projects. This could impact Asia since we expect growth in power demand through to 2035, and this calls for new power capacity, including coal-fired ones.

US coal burn report

Leverage accurate estimates based on direct, real-time coal plant monitoring of over 165 MW in capacity

EPSI Mexico

Forecast prices and supply-demand fundamentals for the Mexico power market

PeakAlerts

Gain unique insight into North American power markets with our real-time coincident peak alert and reporting service.

PowerBuyer®

Industry-leading US power market data and analytics

U.S. Utility Solar Service

Understand the factors shaping the nation's largest solar segment and steer your organisation towards the biggest opportunities.

Power Valuation Tool

Flexible online tool offers quick access to evaluate and compare power plant valuations, and identify future growth and investment opportunities.