Are voters turning their backs on the EU’s 2030 climate objectives?

• 10 7月 2024

European voters just threw a spanner in the works of the EU’s 2030 decarbonisation targets. Last month’s European parliamentary elections saw a dramatic shift in power to nationalist and populist parties, which tapped into, among other issues, voter scepticism over the pace and sheer cost of the energy transition. We look at the impact of the elections on tackling climate change.

Changing price patterns in the European power markets

• 12 9月 2022

Intraday and Day Ahead market dynamics underline the value of real-time data.

Europe Power Solutions

With our integrated platform, you can monitor current production levels, supply and demand, and price forecasting to accurately report and react to market changes as they happen.

Power Market Fundamentals

Our power solutions combine multi-commodity data, proprietary cost intelligence, asset-level data, unique geospatial capabilities, and market fundamentals to help discover new opportunities while assessing risk.

Continental Europe upstream: 4 things to look for in 2024

• 10 1月 2024

From the Netherlands to Cyprus, we cover the big themes in 2024 for Continental Europe's upstream sector.

Is US solar growth truly unstoppable?

• 17 12月 2024

Sylvia is joined by Abigail Hopper, president and CEO of the Solar Energy Industries Association, to discuss the industry's current state in the wake of the US election, the implications of the Inflation Reduction Act, potential changes to tax credits, and the impact of tariffs and energy demand on the industry.

The North Sea’s oil and gas future hangs in the balance and requires a new fiscal regime

• 03 10月 2024

After a history of ad hoc changes, the UK government must implement a more predictable tax regime that provides greater long-term stability to the North Sea oil and gas sector, as soon as possible, according to new analysis by Wood Mackenzie.

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

• 08 8月 2024

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

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

• 06 8月 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.

What will a fresh output cap at Groningen mean for the gas market?

• 01 2月 2018

A new cap on production from the Netherlands' giant Groningen gas field may have an impact on the security of Europe's gas supply, hurt Dutch treasury receipts and prompt a reassessment of the field's remaining value.

BP's double proves there's life in the old dog yet

• 31 1月 2018

BP announced it made two discoveries on the UK Continental Shelf in 2017 - Capercaillie, in the North Sea, and Achmelvich, in the West of Shetland. Wood Mackenzie believes the finds prove there's still life in the ultra-mature province.

UK plastic bottle deposit scheme vital to changing consumer behaviour

• 28 3月 2018

Commenting on the UK Government's plans to introduce a plastic bottle deposit scheme, Helen McGeough, PCI Wood Mackenzie, Senior Consultant, commented:

EU's Plastics Strategy May be Missed Opportunity

• 16 1月 2018

Follwoing the EU's pledge to make all plastic packaging recyclable by 2030, Helen McGeough, PCI Wood Mackenzie Senior Consultant, commented

US LNG deal 'could be significant for relationship with Europe'

• 27 7月 2018

What does the EU's agreement to buy US LNG - announced after a meeting between European Commission president Jean-Claude Juncker and US President Donald Trump - mean for producers and consumers?

Transocean’s $2.7bn Ocean Rig deal ‘a winner’

• 03 9月 2018

Rig provider Transocean is set to merge with Ocean Rig in a $2.7 billion deal, a move Wood Mackenzie says is a winning one for the rig market.

Chevron in talks to sell Rosebank stake

• 27 9月 2018

US major Chevron has confirmed it is in talks to sell its 40% operating stake in the Rosebank field, offshore West of Shetland

Can upstream cost savings stick?

• 15 12月 2017

The impact of the 2014 oil price collapse is still being felt across the upstream sector. Operators have cut investment, deferred projects and implemented tough cost discipline, slashing US$910 billion from global capital expenditure estimates for 2015-2020. While many operators believe the cuts will stick, a new survey released today by natural resources consultancy Wood Mackenzie indicates the pictured is more nuanced.

Upstream companies shift focus from ‘survive’ to ‘thrive’ in 2018

• 14 12月 2017

2018 looks set to be a brighter year for upstream oil and gas companies

OPEC stays the course with production deal

• 01 12月 2017

OPEC and non-OPEC producers agree to extend production curbs through 2018

Upstream players need to boost spending to meet future demand

• 24 10月 2018

Wood Mackenzie forecasts that global oil and gas development spend needs to increase by around 20% to meet future demand growth and ensure companies sustain production next decade.

Exploration’s back in the black

• 04 2月 2019

After a difficult few years, the exploration sector is back in the black – and keen to stay there. New analysis from Wood Mackenzie shows that explorers’ success in 2018 reflects a disciplined approach that’s set to continue this year.

New opportunity in UK North Sea with Greater Buchan Area round

• 31 1月 2019

The Oil & Gas Authority's (OGA) decision to launch the 31st supplementary offshore licensing round, focusing on the Greater Buchan Area offers a material opportunity for players active in the UK North Sea

Rosebank deal 'cements Equinor's commitment to the UK'

• 01 10月 2018

Norway's Equinor set to buy Chevron's 40% operating stake in the Rosebank field, offshore West of Shetland

Merger does the business for Wintershall and DEA

• 28 9月 2018

Wintershall and DEA set to merge to create independent exploration and production company

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.

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.

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.

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.

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.

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.