• News Release

  Industry leaders to speak at Wood Mackenzie’s Solar & Energy Storage Summit 2023

  • 09 5月 2023

  The solar and energy storage industries in North America continue to be catapulted forward by the Inflation Reduction Act (IRA) and the transition to a clean energy future.

• News Release

  North American gas market to expand by 25 percent over the next decade, despite headwinds

  • 17 5月 2023

  Near-term gas market expansion continues to be driven by global demand for US LNG exports, which will largely be supplied through continued growth in Permian associated gas and Haynesville production, according to a recent report from Wood Mackenzie.

• News Release

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

  • 18 5月 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 5月 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

  US solar market registers best first quarter in industry history as supply chains stabilize and Inflation Reduction Act takes hold

  • 08 6月 2023

  The US solar industry installed 6.1 gigawatts (GW) of solar capacity and had its best first quarter in history, according to the US Solar Market Insight Q2 2023 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

• News Release

  US Distributed Energy Resource market to almost double by 2027

  • 20 6月 2023

  The US Distributed Energy Resource (DER) market is expected to nearly double in capacity from 2022 to 2027, with capital expenditure reaching US $68 billion per year, according to Wood Mackenzie’s ‘2023 US Distributed Energy Resource Outlook’ report released today.

• News Release

  Cumulative US community solar capacity expected to break 6 GW in 2023, despite interconnection and siting headwinds

  • 08 8月 2023

  US community solar installations declined by 6% year-over-year in 2022 and 13% in Q1 of 2023. This was primarily driven by the supply chain uncertainty of the past year as well as interconnection and siting issues hindering growth in key state markets such as Massachusetts and Maine, according to the latest report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA).

• News Release

  Solar installations in 2023 expected to exceed 30 GW for the first time in history

  • 07 9月 2023

  The U.S. solar industry expects to add a record 32 gigawatts (GW) of new capacity in 2023, a 52% increase from 2022, according to the US Solar Market Insight Q3 2023 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

• News Release

  US renewables annual capacity additions to nearly triple in 10 years

  • 15 9月 2023

  Speaking at the RE+ conference in Las Vegas, Chris Seiple, vice chairman, power and renewables for Wood Mackenzie said that with the Inflation Reduction Act (IRA) driving the economic competitiveness of renewables, annual capacity additions will nearly triple in 10 years to 110 gigawatts (GW).

• News Release

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

  • 28 11月 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

  Competition increases in the residential solar-plus-storage battery market

  • 12 12月 2023

  As the residential solar-plus-storage market continues to grow, competition has increased amongst battery vendors, with new manufacturers gaining market share in recent years, according to a new analysis from Wood Mackenzie

• News Release

  US energy storage installations set new record in Q3 2023

  • 13 12月 2023

  The U.S. storage market hit a new high in Q3 2023, installing the most capacity in a quarter to date with 7,322 megawatt hours (MWh) becoming operational in the third quarter of 2023.

• News Release

  Offshore wind sector doubled down on tangible opportunities in 2023

  • 31 1月 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

  Chevron moves closer to Canadian divestment target with $6.5B asset sale to CNRL

  • 08 10月 2024

  Addressing Chevron’s announcement to sell Canadian assets to Canadian Natural Resources (CNRL) for US$6.5 billion Mark Oberstoetter, Upstream Research Director in Calgary, said “Chevron has shown commitment to its divestment target with two sale announcements in two weeks. Offloading Alaska assets to ConocoPhillips (COP) last week for US$300 million was a small step and made strategic sense given their lack of materiality in the Supermajor’s portfolio. Today’s announcement moves the company much closer to its US$10-15 billion divestment target.”

• News Release

  US oil tariffs on Canada and Mexico would significantly impact North American crude flows

  • 06 2月 2025

  US oil tariffs on Canada and Mexico would initiate a significant shift in crude flows in North America as higher prices would push a portion of US imports into overseas markets, according to a recent report from Wood Mackenzie.

• News Release

  Proposed US tariffs could increase onshore wind costs by up to 7%, says Wood Mackenzie

  • 11 2月 2025

  New trade tariffs and increased import restrictions in the US onshore wind power sector could lead to higher overall costs, threatening project viability and potentially slowing growth in the industry, according to a recent report from Wood Mackenzie.

• News Release

  Solar adds more new capacity to the grid in 2024 than any energy technology in the past two decades

  • 11 3月 2025

  The United States installed a record-breaking 50 gigawatts (GW) of new solar capacity in 2024, the largest single year of new capacity added to the grid by any energy technology in over two decades. According to the U.S. Solar Market Insight 2024 Year in Review report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, solar and storage account for 84% of all new electric generating capacity added to the grid last year.

• News Release

  Energy storage’s meteoric rise breaks another record

  • 19 3月 2025

  The U.S. energy storage market set a new record in 2024 with 12.3 gigawatts (GW) of installations across all segments, according to the latest U.S. Energy Storage Monitor report released today by the American Clean Power Association (ACP) and Wood Mackenzie. The report shows a total of 12,314 megawatts (MW) and 37,143 megawatt hours (MWh) deployed, representing increases of 33% and 34% respectively over 2023 numbers.

• News Release

  Key energy takeaways from Canada’s 2025 election

  • 01 5月 2025

  Newly elected Prime Minister of Canada, Mark Carney, has made energy a key initiative of the new government, with goals to expand both conventional and clean energy, but decoupling energy flows away from the US may prove to be a challenge, according to Wood Mackenzie.

• News Release

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

  • 15 8月 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

  Return of Asian investment in US tight oil

  • 08 5月 2017

  If Asia's largest upstream players want to grow production, Wood Mackenzie expects them to diversify into the US tight oil market.

• News Release

  Surge in oil hedging could worsen US supply glut

  • 27 3月 2017

  Those hoping that recent oil-price weakness will prompt US producers to pull back drilling activity and ease the glut of oil supply may need to keep waiting.

• Comment

  BHP Shale Asset Divesture

  • 20 9月 2017

  Commenting on BHP Billiton's plans to divest its U.S shale unit, Jon Weintraub, research analyst at Wood Mackenzie, said: "BHP's announced divesture of its onshore U.S. business is a pretty momentous step-change in its corporate strategy and marks the culmination of its push to be a major shale player. We expect to see all options being considered with a substantial amount of interest from multiple pools of buyers."

• Comment

  Mexico's Energy Reform pays off with Zama

  • 26 9月 2017

  Following the announcement this morning that Talos energy and its partners Premier Oil and Sierra Oil & Gas have made a discovery at Zama-1, drilled in Block 7 offshore Mexico, please find below initial comment from Pablo Medina, Wood Mackenzie's senior analyst, Latin America Upstream.

• News Release

  Geology vs. technology: How sustainable is Permian tight oil growth?

  • 20 9月 2017

  Technology has played a huge role in the rapid rise of production in the Permian. Operators are bullish on the region's long-term potential and poised to exploit the Permian at an unparalleled pace over the next few years. However, according to a report by Wood Mackenzie, Geology vs. technology: how sustainable is Permian tight oil growth?, geological constraints that may arise as the play is aggressively developed could lead to production shortfalls, and in turn, higher prices early next decade.

• Comment

  Will Trump's Beijing trip win some LNG deals for the US?

  • 08 11月 2017

  The Trump administration has been championing US energy exports as its preferred instrument for narrowing its trade deficit in the wake of the US shale boom. A combination of rising export capacity in the US, LNG import demand growth in China, and political cheerleading has underpinned an uptick in LNG exports to China this year via third party, spot trades. Will Trump's trip to Beijing seal the deal for some major LNG deals?

• News Release

  TransCanada receives approval for Keystone XL pipeline

  • 21 11月 2017

  TransCanada receives regulatory approval from the Nebraska Public Service Commission to proceed with building its Keystone XL pipeline after almost a decade of environmental and regulatory hurdles.

• News Release

  Producers double down on hedging in Q3 2017

  • 29 11月 2017

  Hedging activity surged in Q3 2017 as oil producers rushed to lock in rising prices for future production, according to Wood Mackenzie's latest analysis of oil and gas hedging activity.

• News Release

  Deepwater Gulf of Mexico stages a comeback in 2018

  • 05 1月 2018

  The U.S. deepwater Gulf of Mexico sector has struggled since crude dropped in late 2014. However, as costs finally settle at a bottom and operators set a new standard for operational efficiency, 2018 might just be a turning point for the sector.

• News Release

  Will a shifting global market embrace US crude?

  • 05 3月 2018

  A new study by Wood Mackenzie, examines this shift in the oil market, and assesses the challenges and opportunities facing the market and US producers and midstream operators.