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China’s LNG imports to see unprecedented decline in 2022

19 July 2022

China’s LNG imports are set to fall over 14% year-on-year to 69 million tonnes (Mt) in 2022, the largest decline since it began LNG imports, says Wood Mackenzie.

News Release

CCUS planned capacity nearing 1 billion tonnes per annum

26 August 2022

US Inflation Reduction Act bill set to boost CCUS uptake but more is needed to meet net zero goals by 2050

News Release

High quality oil and gas supplies are scarce, threatening emissions targets and a healthy energy transition

16 February 2023

The energy transition will require oil and gas for decades to come, but the supply of lower-cost, lower-carbon “advantaged” barrels remain scarce, threatening emissions targets and causing upstream providers to pivot to new strategies, according to “Scraping the Barrel” a new Horizons analysis from Wood Mackenzie.

News Release

A supercharged China could turn up the heat on global commodities

23 March 2023

The Chinese economy is expected to grow by 5.5% but could grow by as much as 7% in 2023 as the country bounces back from three years of lock-down caused by the Covid pandemic according to a new report by Wood Mackenzie.

News Release

Nuclear needs to be cost competitive with alternative power generation to enable net zero

18 May 2023

Despite policy support and market growth, the biggest economic hurdle to the uptake of the latest nuclear and small modular reactors (SMRs) is cost, according to Wood Mackenzie report.

News Release

Global floating solar to top 6GW threshold by 2031

24 May 2023

The global floating solar market is expected to pass the six-gigawatt (GW) threshold by 2031, as PV developers struggle to meet growing solar demand and look to alternate development technologies.

News Release

A revitalised oil and gas sector can play a key role in Indonesia’s energy transition

27 July 2023

Indonesia’s oil and gas sector must undergo a major overhaul in the way it operates if it is to realise the full potential of the country’s natural resources and support a successful energy transition, according to a new white paper by Wood Mackenzie, a global insight business for renewables, energy and natural resources.

News Release

India needs radical transformation to reach net zero emissions by 2070

27 July 2023

How can India attain its net zero emissions goal by 2070, in line with global pledges to reach net zero emissions by mid-century? Wood Mackenzie analyses the scenario in its latest report ‘India energy transition pathways 2070’, concluding that the country must radically transform its energy landscape and prioritise renewable energy, electrification, hydrogen adoption, and carbon removal strategies.

News Release

APAC to invest US$3.3 trillion in power generation over next decade

04 October 2023

The Asia Pacific region is forecast to invest US$3.3 trillion in power generation over the next 10 years, with 49% earmarked for wind and solar, and 12% for energy storage, according to latest Wood Mackenzie analysis.

News Release

Steel decarbonisation to redefine supply chains by 2050

19 October 2023

The rise of electric-arc furnace technology, increased use of green feedstock and evolving carbon policies will reshape steel production and global trade patterns.

News Release

China Belt & Road Initiative brings in 128 GW installed power capacity in 10 years

20 November 2023

Chinese companies have made significant strides in the Belt & Road initiative's overseas power projects over the past decade. With an estimated investment value of around US$200 billion, over 300 projects have installed 128 GW of power, equivalent to 1.3 times Australia's installed capacity in 2022. However, challenges have emerged, leading to the cancellation or shelving of over 20% of projects to date.

News Release

China leads global renewables race with record-breaking 230 GW installations in 2023

28 November 2023

Currently on target to reach a record-breaking 230 gigawatts (GW) of wind and solar installations this year, China leads the global renewables market. This is more than double the number of US and Europe installations combined.

News Release

Offshore wind sector doubled down on tangible opportunities in 2023

31 January 2024

Despite supply chain headwinds and price pressures, the global offshore wind sector saw significant growth in its mature pipeline, as late-stage pipeline mergers & acquisitions, turbine orders, and project financial investment decisions (FIDs) saw record activity in 2023. This has boosted the sector’s momentum into 2024.

News Release

Power demand growth remains strong in Asia Pacific

31 January 2024

India, China and Southeast Asia will continue to be the three most important growth engines of power demand across the planet, says Alex Whitworth, Vice President, Head of Asia Pacific Power Research at Wood Mackenzie. With the Asia Pacific region seeing its share of global power demand surpass the 50% mark in 2023.

News Release

World heading for a 3°C warming trajectory, as political headwinds slow the energy transition

02 May 2024

A five-year delay to the energy transition could see the global average temperature rise to 3°C above pre-industrial levels.

News Release

Record highs for global wind turbine order intake in 2023

18 March 2024

Global wind turbine order intake hit new highs in 2023 with 155 gigawatts (GW) procured for the year, an increase of 16 GW from 2022.

News Release

Government tenders to drive 102 GW of global renewable capacity in 2024

07 March 2024

More than 100 gigawatts (GW) of global renewable energy capacity is expected to be tendered in 2024. With more than 60 GW to be offshore wind, the overall volume is set to grow as the year progresses and will match 2023 levels.

News Release

Asia Pacific could become a global leader in the energy transition

21 February 2024

Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.

News Release

Solar inflation reverses as renewable costs in Asia reach all-time low

29 February 2024

Plummeting Utility PV solar costs beat coal power to emerge as the cheapest power source in the region

News Release

Shell's acquisition of Pavilion's LNG assets strengthens Singapore's position as a global LNG hub

26 June 2024

The recent acquisition of Pavilion's LNG assets by Shell is expected to strengthen Singapore's position as a global LNG trading and bunkering hub, according to analysis by Wood Mackenzie. “The acquisition will position Shell as the main user of the Singapore LNG (SLNG) terminal,” says Johnson ...

News Release

Shifting away from China for critical minerals would increase costs and delay the energy transition, warns Wood Mackenzie

15 August 2024

As major global economies look to reposition critical minerals supply chains outside China, the resulting inefficiencies could increase the cost of finished goods and delay the energy transition. The world cannot achieve decarbonisation without copper, a crucial component in electrification. Curr...

News Release

China’s coal-fired power generation declines for the first time since 2015

10 February 2026

China's coal-fired power generation decreased 1.9% in 2025, marking a historic shift driven by new non-fossil generation that has finally outpaced demand growth, according to a recent report from Wood Mackenzie.

News Release

India's FY2027 budget shifts focus from renewable deployment to manufacturing and industrial decarbonisation

16 February 2026

India’s FY2027 Union Budget marks a strategic shift in the country’s energy transition, moving from a primary focus on renewable deployment toward domestic manufacturing and industrial decarbonisation, according to new analysis from Wood Mackenzie.

Editorial

US government looks to chip in on EV charging infrastructure

05 August 2019

The US Senate is allocating nearly $300 billion to America's Transportation Infrastructure Act (ATIA). Alternative fueling stations will benefit EV drivers.

Opinion

It’s now time to get excited about renewables in Asia Pacific

02 August 2019

How does the region move rapidly towards a pathway to decarbonisation in line with Paris Agreement goals, while ensuring continued economic growth and competitiveness?

Editorial

How will the closure of Philadelphia Energy Solutions impact US aromatics?

15 July 2019

Philadelphia Energy Solutions has announced its intention to shut down refinery operations permanently following a fire at the facility on June 21, 2019. Understand the impact of the closure of the 600,000-tonnes-per-year cumene unit at the site on global and US cumene markets.

Featured

Shifting tides of global crude oil trade and its impact on Asia

12 December 2018

With significant changes already underway for global crude trade, what will this mean for the industry in Asia?.

Featured

Shifting tides of global crude oil trade: Six emerging themes

05 December 2018

We've identified six key themes that will influence the global crude and refining markets in the next five years. Read on for a high level overview of these key areas.

Featured

The changing global crude trade landscape

28 November 2018

Over the next five to six years global crude trade is expected to significantly change. This will impact the entire chain, from producers to investors. In this three part series, we look at the global story, the six key themes and finally, we focus on the likely impacts for Asia.

Editorial

Elemental forces at play in APAC wind and solar markets

26 October 2018

In Asia Pacific, the renewable power market is evolving rapidly. Changes in policy and prices are driving solar demand down and offshore wind capacity up. Longer term, improvements to infrastructure and technology are expected to drive exponential growth.

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Search results: 718

China’s LNG imports to see unprecedented decline in 2022

CCUS planned capacity nearing 1 billion tonnes per annum

High quality oil and gas supplies are scarce, threatening emissions targets and a healthy energy transition

A supercharged China could turn up the heat on global commodities

Nuclear needs to be cost competitive with alternative power generation to enable net zero

Global floating solar to top 6GW threshold by 2031

A revitalised oil and gas sector can play a key role in Indonesia’s energy transition

India needs radical transformation to reach net zero emissions by 2070

APAC to invest US$3.3 trillion in power generation over next decade

Steel decarbonisation to redefine supply chains by 2050

China Belt & Road Initiative brings in 128 GW installed power capacity in 10 years

China leads global renewables race with record-breaking 230 GW installations in 2023

Offshore wind sector doubled down on tangible opportunities in 2023

Power demand growth remains strong in Asia Pacific

World heading for a 3°C warming trajectory, as political headwinds slow the energy transition

Record highs for global wind turbine order intake in 2023

Government tenders to drive 102 GW of global renewable capacity in 2024

Asia Pacific could become a global leader in the energy transition

Solar inflation reverses as renewable costs in Asia reach all-time low

Shell's acquisition of Pavilion's LNG assets strengthens Singapore's position as a global LNG hub

Shifting away from China for critical minerals would increase costs and delay the energy transition, warns Wood Mackenzie

China’s coal-fired power generation declines for the first time since 2015

India's FY2027 budget shifts focus from renewable deployment to manufacturing and industrial decarbonisation

US government looks to chip in on EV charging infrastructure

It’s now time to get excited about renewables in Asia Pacific

How will the closure of Philadelphia Energy Solutions impact US aromatics?

Shifting tides of global crude oil trade and its impact on Asia

Shifting tides of global crude oil trade: Six emerging themes

The changing global crude trade landscape

Elemental forces at play in APAC wind and solar markets

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