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Offshore wind propels the UK’s net zero ambitions

16 September 2020

The UK is home to around 35% of the world’s installed offshore wind capacity. Technology evolution will be vital to maintain the growth of the sector.

Opinion

How green is the EU pandemic recovery package?

30 July 2020

Despite EU leaders reaching agreement on the €750 bn pandemic recovery package, a substantial hurdle remains; ratifying the deal in the European Parliament, where its green credentials will be scrutinised

Opinion

Tesla’s record-low solar pricing is a risky move

31 July 2020

Tesla has introduced a standardized approach to solar sales, but the approach is a gamble for the company and solar customers

Opinion

Is PetroChina really going green?

02 September 2020

The move is the first publicly confirmed (near) net-zero goal by an Asian national oil company, a recognition by one of the world’s largest producers that it must address carbon emissions and adapt to the energy transition.

Opinion

The Majors’ energy transition: Corporate New Energy Series

10 December 2020

The European Majors’ energy transition strategies continue to accelerate, with increasingly ambitious (and competitive) carbon reduction targets and New Energy portfolios. Meanwhile, the transatlantic divide with the US Majors is becoming deeper, with little sign yet that the US oil majors will follow their European peers’ corporate transformations.

Opinion

In conversation with Asia Pacific’s CEOs

04 November 2020

We hosted the CEOs of PETRONAS, Santos and Medco, the chairman of Indian Oil Corporation, and many other senior executives from a range of leading oil and gas companies, utilities and banks over two days at our APAC Energy & Commodities Summit last month.

Opinion

How will dynamics shift in Asia Pacific’s power markets?

08 December 2020

Asia Pacific is the engine room for global power and renewables growth. Has coronavirus put the brakes on, or is APAC still on course to outpace demand in all other regions combined in the next 20 years?

The Edge

Big themes and risks for energy in 2021

11 December 2020

After a tumultuous 2020, what will shape the energy world in 2021? We look at five themes to watch – economic boom, action on climate change, oil demand, industry finances and upstream investment.

Opinion

Trade actions and supply chain challenges steal spotlight from strong US solar deployments

14 September 2021

US solar prices are on the rise. Our quarterly US Solar Market Insight, created in collaboration with the SEIA, explores the latest developments and the industry response.

Opinion

Russia/Ukraine war: Europe’s energy mix is under an unprecedented spotlight

04 May 2022

This week's Russia/Ukraine briefing focuses on European power markets.

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.

Opinion

Energy view to 2035 in five charts

15 June 2017

We've distilled our outlook into five charts that examine global supply by fuel, demand by country and emerging markets in Asia Pacific.

Opinion

What’s behind the energy storage boom?

06 April 2020

We answer frequently asked questions about the fast-growing energy storage market

Opinion

5 factors that will determine the economic impact of coronavirus

12 March 2020

Principal Economist Peter Martin’s 2000-word report “Global spread of Covid-19 derailing the world economy” examines the impact of coronavirus on the world economy. Get the highlights of Peter’s research here or purchase the full report for a more in-depth discussion.

Opinion

How the coronavirus crisis is driving a global wind market downgrade

24 March 2020

The coronavirus crisis will cause global wind additions in 2020 to decline by 4.9GW when compared to Wood Mackenzie’s previous projections. Due to other market changes since Wood Mackenzie’s Q4 2019 update, total forecast wind additions for 2020 is now expected to be 73GW.

Opinion

Beyond inexpensive supply in North American power markets

31 March 2020

The margin of error for meeting project returns has narrowed substantially in recent years. Competition for offtake contracts in wind and solar that secure the bottom for investors has become intense. This means that developers are increasingly taking more power delivery risks in the near-term to win contracts, while backloading their own returns into the distant future. 

Opinion

Is China embarking on a major expansion of coal-fired power generation?

31 March 2020

As energy companies worldwide grapple with the economic impact of the coronavirus pandemic, long-term planning continues. Ahead of the release of the 14th five-year plan early next year, recent announcements from several key players in the country’s power sector indicate China is considering a major investment spree in coal-fired generation.

Opinion

Coronavirus: tracking the impact on European gas, power and chemicals

22 April 2020

The coronavirus outbreak is having a seismic effect. How is it affecting gas, power and chemicals markets?

Opinion

Is green hydrogen metallurgical coal’s kryptonite?

11 May 2020

With all carbon-intensive industries firmly in the crosshairs of international emission reduction targets, the steel industry has no choice but to investigate low or zero-carbon emission technologies. Enter green steel and green hydrogen – will this duo be the end for metallurgical coal and carbon-based steel production?

Opinion

Making sense of the TCFD recommendations

20 May 2020

The Task Force on Climate-related Financial Disclosures released recommendations years ago but getting to grips with the finer details remains a challenge for companies.

Opinion

Why US solar tariffs (almost) worked – and why they don’t now

20 July 2020

Despite early success, Section 201 solar tariffs on imported cells and modules could now limit market growth.

Opinion

The art of never letting a crisis go to waste

15 July 2020

I asked our experts what they believe governments and companies should be doing to ensure that they emerge stronger from the crisis.

Featured

Covid-19 reveals critical flaw in European power systems – lack of flexibility

23 July 2020

Rory McCarthy, Principal Analyst, and Victor Laurent, Senior Product Manager for Power at Wood Mackenzie Genscape, look at the flexibility challenges facing European power markets, which have been laid bare by Covid-19

Opinion

Could coal and renewables put the squeeze on gas?

16 September 2020

Current low gas prices are supporting demand growth in the sector and encouraging pro-gas policies and infrastructure developments

Opinion

Time for Asia’s Sputnik moment on decarbonisation

22 September 2020

Halting the pandemic and rebuilding economies are the most urgent goals for the immediate future. Wood Mackenzie estimates that almost US$20 trillion – equivalent to a quarter of global GDP – will go towards stimulus packages, public health spending and delivering a vaccine over the next 12-18 months alone.

Opinion

The trillion-dollar question: how will Asia Pacific meet power supply needs in the next decade?

28 September 2020

The Asia Pacific power generation market will attract US$1.5 trillion of investment in the next 10 years. So what are the opportunities in the world’s fastest-growing power market?

Opinion

Radical reform and China’s pathway to carbon neutrality

30 September 2020

Despite being both the world’s largest energy market and largest carbon emitter, China’s position has long been that responsibility to reduce global emissions rests with rich countries: you broke it, you fix it.

Opinion

Net zero North Sea: can hydrogen live up to its hype?

20 October 2020

The UK has an opportunity to be at the forefront of the global hydrogen economy – but it calls for rapid technology scale-up.

Opinion

What will the 2020 elections mean for US energy?

21 October 2020

The 2020 elections bring US energy policy to a fork in the road. Trump offers continuity, with some further easing of regulations on the oil, gas and coal industries. Biden offers a return to the Obama administration’s strategy of using regulation to cut emissions, and more ambitious moves if the Democrats win control of Congress.

Opinion

From proposal to execution: 5 challenges on the path to net zero

24 November 2020

The energy transition raises many questions, including: how will we meet the flexibility requirements of evolving power systems? What role will hydrogen play in the new energy landscape? And can the energy transition’s materials needs be met?

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Search results: 1819

Offshore wind propels the UK’s net zero ambitions

How green is the EU pandemic recovery package?

Tesla’s record-low solar pricing is a risky move

Is PetroChina really going green?

The Majors’ energy transition: Corporate New Energy Series

In conversation with Asia Pacific’s CEOs

How will dynamics shift in Asia Pacific’s power markets?

Big themes and risks for energy in 2021

Trade actions and supply chain challenges steal spotlight from strong US solar deployments

Russia/Ukraine war: Europe’s energy mix is under an unprecedented spotlight

Global solar PV installations to reach record high in 2019

Energy view to 2035 in five charts

What’s behind the energy storage boom?

5 factors that will determine the economic impact of coronavirus

How the coronavirus crisis is driving a global wind market downgrade

Beyond inexpensive supply in North American power markets

Is China embarking on a major expansion of coal-fired power generation?

Coronavirus: tracking the impact on European gas, power and chemicals

Is green hydrogen metallurgical coal’s kryptonite?

Making sense of the TCFD recommendations

Why US solar tariffs (almost) worked – and why they don’t now

The art of never letting a crisis go to waste

Covid-19 reveals critical flaw in European power systems – lack of flexibility

Could coal and renewables put the squeeze on gas?

Time for Asia’s Sputnik moment on decarbonisation

The trillion-dollar question: how will Asia Pacific meet power supply needs in the next decade?

Radical reform and China’s pathway to carbon neutrality

Net zero North Sea: can hydrogen live up to its hype?

What will the 2020 elections mean for US energy?

From proposal to execution: 5 challenges on the path to net zero

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