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News Release

Advanced lithium-ion technologies on track for record annual investment

01 November 2019

More than $350 million was invested in advanced lithium-ion technologies during the first half of 2019.

Comment

Total begins construction of third solar power plant in Japan

08 October 2019

Total Solar International has begun construction of Miyagi Osato Solar Park, a large-scale solar plant in Japan.

News Release

Wind power outlook in Eastern Europe and Russia upgraded by 17% QoQ over next decade

25 September 2019

An auction-triggered awakening in Poland and a growing confidence in developers' ability to comply with local content requirements in Russia led to a 17% wind power capacity increase QoQ in Eastern Europe and Russia, according to new research from Wood Mackenzie.

News Release

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.

News Release

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

News Release

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.

News Release

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.

News Release

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.

News Release

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.

News Release

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.

Comment

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.

News Release

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.

News Release

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

News Release

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.

News Release

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.

News Release

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.

News Release

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...

News Release

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...

News Release

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...

News Release

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.

News Release

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.

News Release

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.

Comment

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.

News Release

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.

Comment

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.

Editorial

Global energy storage market takes off

23 April 2019

2018 was a record-breaking year for energy storage. The market looks set to flourish as the energy transition accelerates. Find out what's behind the boom and which countries are leading the change.

Editorial

Europe power markets, Chevron-Anadarko acquisition, global LNG shipping

19 April 2019

What's new in store? Get the highlights from some of our most popular insights across the entire natural resources value chain. This week, the long-term outlook for Europe power markets, the Chevron acquisition of Anadarko and more.

Editorial

FID bonanza, upstream cost curves, US solar markets: this week's featured insights

02 April 2019

What's new in store? Get the highlights from some of our most popular insights across the entire natural resources value chain. This week, upstream cost curves, FID bonanza and US solar markets.

Editorial

The U.S. is adopting microgrids at record levels

27 March 2019

Fossil generation continued to dominate the growing US microgrid market in 2018.

Editorial

Four fundamental drivers for global wind supply chain investments

18 February 2019

Great investment opportunities lie in the global wind supply chains.

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Search results: 1819

Advanced lithium-ion technologies on track for record annual investment

Total begins construction of third solar power plant in Japan

Wind power outlook in Eastern Europe and Russia upgraded by 17% QoQ over next decade

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

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

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

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

Resilience to drive US microgrid growth

Global solar PV installations to reach record high in 2019

Japan to lose top LNG importer position to China by 2022

New York awards Equinor, Sunrise Wind major offshore wind contracts

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

U.S. solar market sees best Q1 in history

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

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

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

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

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

New technology investments to boost growing global wind market

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

Asia-Pacific solar demand to decline first time this year

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

Energy storage market poised for a boom Down Under

China's LNG trucking capacity to double in medium term

Who will finance Asia's coal power projects?

Global energy storage market takes off

Europe power markets, Chevron-Anadarko acquisition, global LNG shipping

FID bonanza, upstream cost curves, US solar markets: this week's featured insights

The U.S. is adopting microgrids at record levels

Four fundamental drivers for global wind supply chain investments

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