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Wood Mackenzie commentary on India CERA Week

09 October 2017

To mark the start of the India Energy Forum by CERA week, Wood Mackenzie analysts weigh in on the country's oil and gas outlook and production prospects.

Comment

Chinese aluminium: next set of reforms for the industry?

06 September 2017

Many market observers were sceptical about China's ability to deal with aluminium overcapacity. But cuts at Weiqiao, the world's largest smelter, shows China's determination to deliver supply-side reforms. The market is now divided into two camps – one that believes China will cut output significantly. The other one reasons that smelters will ramp up quickly and nothing much will really change.

News Release

US-China agreement connects the fastest-growing LNG supplier with the largest LNG growth market

12 May 2017

Chinese companies can now negotiate long-term contracts to source liquefied natural gas from US suppliers, the US Commerce Department said.

News Release

Wood Mackenzie Power & Renewables APAC Conference 2022 open for registration

29 June 2022

Wood Mackenzie announces the launch of the second edition of its Power & Renewables Asia Pacific (APAC) Virtual Conference on July 26 – 28.

News Release

Global wind turbine order intake breaks record in Q2

12 September 2022

Strong activity in China pushed global wind turbine order intake to 43 gigawatts (GW) in quarter two of 2022, a new record, and up 36% from year-ago levels. This equates to an estimated $18.1 billion, according to new analysis from Wood Mackenzie.

News Release

Decarbonising global iron ore and steel industry by 2050 necessitates urgent action and US$1.4 trillion of investment

15 September 2022

Decarbonising the steel and iron ore industry by 2050, in line with the Paris Climate Agreement, will require US$1.4 trillion of investment and revolution across every stage of the value chain. This presents an urgent challenge and enormous opportunity according to Wood Mackenzie’s latest Horizons research report, Pedal to the metal: Iron and steel’s $1.4 trillion shot at decarbonisation.

News Release

Long-duration energy storage projects attract more than US $58 billion investment over last three years

07 December 2022

Long-duration storage energy (LDES) projects around the world have attracted more than US $58 billion in commitments made by governments and companies since 2019. If all these projects went forward, it would lead to the installation of 57 gigawatts (GW) of LDES – the equivalent of three times the global energy-storage capacity deployed in 2022, according to analysis from Wood Mackenzie.

News Release

Renewable power competitiveness in Asia Pacific worsened in 2022

14 February 2023

The levelised costs of electricity (LCOE) for utility solar and onshore wind in Asia Pacific were up 16% and 12% respectively since 2020, as equipment, construction costs and interest rates rose in the region. The trend is expected to reverse in 2023, but volatility risks including geopolitical tensions, trade policy and financing remain according to latest analysis from Wood Mackenzie.

News Release

Global wind energy to top 1 TW threshold by the end of 2023

11 April 2023

The global wind energy market will pass the one terawatt (TW) threshold for installed capacity by the end of 2023, according to the latest market outlook from Wood Mackenzie.

News Release

China’s solar exports booming, up 64% in 2022 despite global trade tensions

23 May 2023

China’s solar exports grew 64% to US$52 billion in 2022 despite global trade tensions, according to latest analysis from Wood Mackenzie.

News Release

Should gas resource holders target LNG exports or blue ammonia?

15 June 2023

The acceleration of the energy transition means gas resource holders increasingly face a choice: follow the established pathway and develop new LNG export facilities or pivot into developing blue ammonia.

News Release

Top 10 solar PV inverter vendors account for 86% of global market share

14 August 2023

The top 10 global solar photovoltaic (PV) inverter vendors accounted for 86% of market share in 2022, increasing by 4% year-over-year since 2021, according to latest analysis by Wood Mackenzie, a global insight business for renewables, energy and natural resources.

News Release

Global energy storage integrator market grows increasingly competitive in 2022

30 October 2023

The global Battery Energy Storage Systems integrator market has grown increasingly competitive in 2022, with the top five global system integrators accounting for 62% of overall BESS shipments.

News Release

China to hold over 80% of global solar manufacturing capacity from 2023-26

07 November 2023

After investing over US$130 billion into the solar industry in 2023, China will hold more than 80% of the world’s polysilicon, wafer, cell, and module manufacturing capacity from 2023 to 2026.

News Release

Tesla takes Sungrow’s crown as lead global producer of battery energy storage systems in 2023

08 August 2024

Telsa has overtaken Sungrow as lead producer in the battery energy storage system (BESS) integrator market with a 15% market share in 2023.

News Release

Global PV inverter shipments grew by 56% in 2023 to 536 GWac

06 August 2024

Global PV inverter shipments grew by 56% to 536 gigawatts alternating current (GWac) in 2023, reflecting a strong year for the broader solar industry. The top 10 global PV inverter vendors accounted for 81% of the market.

News Release

Global PV tracker shipments grew by 28% in 2023 to 92 GWdc

25 July 2024

Global PV tracker shipments grew by 28% in 2023 to 92 gigawatts direct current (GWdc), reflecting a strong year for utility-scale solar in most regions across the world.

News Release

Solar and wind uptake to reach 5.4 TWac from 2024 to 2033

08 July 2024

From 2024 to 2033, developers will bring more than 5.4 terawatts (TWac) of new solar and wind capacity online, increasing the cumulative global total to 8 TWac, as the world endeavours to electrify economies and meet decarbonisation targets.

News Release

Chinese companies dominate Wood Mackenzie’s solar PV module manufacturer rankings

11 June 2024

Nine out of the top 12 manufacturers in Wood Mackenzie’s new global solar PV module manufacturer rankings are Chinese companies.

News Release

China leads global wind turbine manufacturers’ market share in 2023

01 May 2024

China accounted for 65% of global wind capacity in 2023, which pushed four Chinese wind turbine original equipment manufacturers (OEM) into the top five global rankings, a first for the sector. With a record of 16.3 gigawatts (GW) capacity installed, Goldwind maintained the leading position for the second consecutive year.

News Release

Renewables and nascent low-carbon technologies most exposed to high interest rates

18 April 2024

If high interest rates persist, transitioning to a net zero global economy will be even harder and more costly. The higher cost of borrowing negatively affects renewables and nascent technologies, compared to more established oil and gas, and metals and mining sectors, which remain somewhat insulated.

News Release

Carbon intensity regulation to make or break global low-carbon hydrogen market

15 February 2024

The future of low-carbon hydrogen hinges on global policymakers introducing regulations and subsidies that focus on the carbon intensity of the hydrogen produced rather than its colour.

News Release

Singapore's low carbon power target of 4 GW achievable by 2035

19 June 2024

Singapore's low carbon power target of 4 GW achievable by 2035

News Release

US energy dominance faces long-term challenges

17 April 2025

While the United States currently dominates global oil and gas production, it faces significant challenges to maintaining the same level of leadership in the coming decades, according to the latest Horizons report from Wood Mackenzie.

Editorial

The road ahead for electric vehicles

20 September 2019

Three hot topics for electric vehicles: when electric vehicles will become fully commercially competitive, how cities are transforming road transport, and EV infrastructure M&A activity.

Case Study

How do you navigate LNG procurement as a first-time buyer?

19 September 2019

How do you navigate LNG procurement as a first-time buyer? Learn how our consultants helped a novice LNG buyer negotiate an exceptional contract rate

Editorial

Global gas market dynamics: three key themes

04 September 2019

Hot topics from our most popular reports: the LNG oversupply and the impact on prices, China’s growing gas demand and how Russia is retaining its position as the world's biggest net exporter of gas.

Editorial

China's LNG market: what to watch?

25 August 2019

Listen to The LNG Big Chill podcast, episode 4: China's LNG market - what to watch?

Opinion

Iron ore: who will fill the emerging supply gap?

03 June 2019

The tightly balanced iron ore market was a hot topic at Singapore Iron Ore week, Asia Pacific’s biggest annual gathering of steel and iron ore industry insiders. What else caught our analysts’ attention at this year’s conference?

Opinion

IMO 2020 and the rocky road to full compliance

10 April 2019

Join our experts to tackle some of the industry's burning questions on IMO 2020 and the potential stumbling blocks.

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Wood Mackenzie commentary on India CERA Week

Chinese aluminium: next set of reforms for the industry?

US-China agreement connects the fastest-growing LNG supplier with the largest LNG growth market

Wood Mackenzie Power & Renewables APAC Conference 2022 open for registration

Global wind turbine order intake breaks record in Q2

Decarbonising global iron ore and steel industry by 2050 necessitates urgent action and US$1.4 trillion of investment

Long-duration energy storage projects attract more than US $58 billion investment over last three years

Renewable power competitiveness in Asia Pacific worsened in 2022

Global wind energy to top 1 TW threshold by the end of 2023

China’s solar exports booming, up 64% in 2022 despite global trade tensions

Should gas resource holders target LNG exports or blue ammonia?

Top 10 solar PV inverter vendors account for 86% of global market share

Global energy storage integrator market grows increasingly competitive in 2022

China to hold over 80% of global solar manufacturing capacity from 2023-26

Tesla takes Sungrow’s crown as lead global producer of battery energy storage systems in 2023

Global PV inverter shipments grew by 56% in 2023 to 536 GWac

Global PV tracker shipments grew by 28% in 2023 to 92 GWdc

Solar and wind uptake to reach 5.4 TWac from 2024 to 2033

Chinese companies dominate Wood Mackenzie’s solar PV module manufacturer rankings

China leads global wind turbine manufacturers’ market share in 2023

Renewables and nascent low-carbon technologies most exposed to high interest rates

Carbon intensity regulation to make or break global low-carbon hydrogen market

Singapore's low carbon power target of 4 GW achievable by 2035

US energy dominance faces long-term challenges

The road ahead for electric vehicles

How do you navigate LNG procurement as a first-time buyer?

Global gas market dynamics: three key themes

China's LNG market: what to watch?

Iron ore: who will fill the emerging supply gap?

IMO 2020 and the rocky road to full compliance

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