• News Release

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

  • 24 10月 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.

• Comment

  Repsol-led consortium makes significant gas discovery in Indonesia

  • 18 2月 2019

  Following the announcement by Indonesia's upstream regulator SKK Migas on a gas discovery in the country, Wood Mackenzie's research director Andrew Harwood provides a commentary.

• Comment

  New wave of growth on the horizon for Asia-Pacific's oil and gas sector

  • 15 10月 2018

  Asia-Pacific's oil and gas sector looks set to rebound over the next 12 months as rising demand, stronger commodity prices and an uptick in M&A activity bring greater confidence to the region. Wood Mackenzie predicts rising Asian LNG demand, the return of China's NOCs to growth mode and new appetite for upstream investment to be key factors influencing the sector, not only Asia-Pacific, but also globally into 2019.

• Comment

  India's renewables to contribute 13% of power generation mix in five years, double the amount today

  • 15 10月 2018

  India’s renewables target of 175 GW capacity (100 GW of solar and 75 GW of wind) by 2022 is an ambitious endeavour. Even with significant cost declines, Wood Mackenzie expects about 76% of the target to be met by 2022 and this would still be a noteworthy achievement. Wood Mackenzie's solar analyst Rishab Shrestha explains why.

• News Release

  Asia-Pacific solar demand to decline first time this year

  • 24 10月 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 deepwater ready for cost inflation?

  • 27 11月 2018

  In a newly published report, Wood Mackenzie notes that the deepwater industry appears in good health, following a sustained cost reduction through the downturn. However this hard work is in danger of being undone, as impending cyclical cost inflation could raise break-even costs once again.

• Comment

  Chevron loses second major production asset in South East Asia

  • 13 12月 2018

  Following today's announcement by Thailand's Department of Mineral Fuels (DMF) that PTTEP has won the auction round for both G1/61 (Erawan) and G2/61 (Bongkot) PSCs after putting an aggressive bid on the gas price and the profit share, Wood Mackenzie's research analyst Jean-Baptiste Berchoteau shares some insights.

• Comment

  BP to exit China shale gas

  • 12 4月 2019

  In the same week that Shell agreed to explore for shale oil in China, BP is reported to be exiting its two Sichuan basin shale gas blocks.

• News Release

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

  • 08 7月 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

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

  • 18 4月 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

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

  • 11 6月 2024

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

• News Release

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

  • 25 7月 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

  China leads global wind turbine manufacturers’ market share in 2023

  • 01 5月 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

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

  • 19 6月 2024

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

• News Release

  US energy dominance faces long-term challenges

  • 17 4月 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.

• News Release

  OPEC producers key to world supply through to 2040

  • 16 7月 2018

  Global natural resources consultancy Wood Mackenzie sees OPEC maintaining its role as a key oil supplier through to 2040, although output from non-OPEC producers will help ensure adequate supply in the years to 2030.

• Comment

  Energy storage market poised for a boom Down Under

  • 06 7月 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 6月 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.

• News Release

  Rise in new players in Southeast Asia's upstream sector

  • 28 6月 2018

  Since the fall in oil prices in 2014, oil majors and international oil companies (IOCs) have accelerated a shift towards resource themes and regions offering higher returns, lower complexity and shorter timeframes, away from the more challenging regions such as Southeast Asia. To date, close to 800 million barrels of oil equivalent (boe) of the region's resources have left the hands of majors and IOCs.

• News Release

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

  • 15 2月 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.

• Comment

  Chinese aluminium: next set of reforms for the industry?

  • 06 9月 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 5月 2017

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

• News Release

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

  • 14 5月 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.

• Webinar

  Webinar | Solar Supply Chain 2025: Navigating Tariffs, Pricing, and Global Market Shifts

  • 29 5月 2025

  Join our solar supply chain experts on 29 May in a live session as they share valuable insights on supply, demand and pricing in the evolving solar landscape. Can the solar industry weather the storm of U.S. and potential European tariffs? Is the Middle East poised to become the next major hub for solar manufacturing? How will pricing dynamics evolve? Can the industry sustain further losses?

• Opinion

  Energy transition outlook: Asia Pacific

  • 17 2月 2025

  Low-carbon projects and policies progress, but face energy security and price stability concerns.

• Webinar

  Webinar:Powering Smarter Trading Decisions in Short-Term Power Markets

  • 27 5月 2025

  Our host and experts will explore how to power smarter trading decisions in short-term power markets using high-frequency data, forecasting and actionable insights. They’ll discuss the advantages of proprietary data over public sources, demonstrate how Intraday Price Predict supports real-time decision-making, and highlight how Power Trading Analytics platform (PTA) helps unify key market signals into actionable insights.

• Comment

  European Investment Bank to cease funding fossil fuel projects

  • 15 11月 2019

  The EIB's new financing criteria will make lending to gas projects very difficult. It highlights that gas is also increasingly in the spotlight of the climate debate.

• News Release

  China’s wind repowering market to boom from 2023

  • 17 12月 2019

  According to a new report by Wood Mackenzie, China’s wind repowering market is expected to take off from 2023. More than 21 gigawatts (GW) (cumulative capacity) of China’s wind turbine fleet is expected to be repowered over the next 10 years (2019-2028).

• News Release

  Future of gas in energy transition to be defined in 2021

  • 14 1月 2021

  2021 will be a defining year for the gas and LNG industry, says Wood Mackenzie in its latest outlook report.

• News Release

  Resilience and sustainability to be core oil and gas themes of 2021

  • 19 1月 2021

  Wood Mackenzie’s latest analysis reveals that sustainability and resilience will be at the heart of the oil and gas industry story in 2021.