WMEPI-1734 Energy transition outlook

• 23 October 2024

Explore our energy transition scenarios and the route to net zero at global at regional level.

Energy transition outlook: UK

• 17 February 2025

The UK has a renewed focus on accelerating its energy transition and bold plans to create a clean energy superpower. But net zero by 2050 is not yet on course.

Major energy players raise the game in green investments in Asia

• 15 June 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.

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

• 13 June 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.

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

• 08 June 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.

U.S. Solar Industry Sees Worst Quarter Since 2020

• 07 June 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.

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

• 18 May 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.

How the energy transition can reduce the risk of future shocks

• 21 April 2022

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

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

• 12 April 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.

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

• 23 March 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.

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

• 22 March 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.

Wood Mackenzie brings light to homes in Puerto Rico

• 08 March 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.

Energy transition may shave 2% off global GDP by 2050

• 20 January 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.

Renewable power in Asia Pacific gains competitiveness amidst cost inflation

• 11 January 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.

Sweden could become a pioneer in green steel production

• 21 December 2021

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

China’s GDP to further decelerate in Q4 2021

• 01 December 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

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

• 25 October 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.

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

• 08 October 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.

Europe coal burn report

Get the most up-to-date coal demand estimates for the European power sector on a country-by-country basis.

PowerRT Japan

Access real-time power plant output and transmission flow data across the Japanese power markets.

Customer Pricing Model

Stay on top of real-time US wholesale cost changes to make informed retail power pricing decisions.

WindcastIQ

Anticipate wind-related congestion and power price volatility, with accurate wind power generation forecasts and expert market analysis.

EPSI Europe

On-demand insights into the factors behind supply and demand fundamentals across European power markets.

PowerRT Europe

Identify new trading opportunities, optimise asset utilisation and assess market trends.

CongestionIQ

Leverage our quantifiable predictions about congestion events across the US power grid to develop and strengthen congestion trading and hedging strategies.

PowerIQ

Understand fundamental drivers, market pricing, risks and scenarios in the US power market.

Solar Module Supply Chain Service

Monitor PV module supply-demand balance, component pricing and end-market shipments with the Solar Module Supply Chain Service.

Global Wind Markets Service

Base your decisions on timely, in-depth and proprietary data and analyses of the global wind power industry.

MAKE

MAKE provides global wind-power coverage with research, forecasts, data and a multifaceted view of the industry.

North America Power Service

Dedicated regional coverage, long-term fundamental forecasts, short-term base case forecasts, assumptions and projections, and long-term topical scenario analyses. Regions covered include: ERCOT, Midwest, Northeast, Southeast and WECC.