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China could ease restrictions on Australian coal and increase supply to alleviate power crunch

08 October 2021

Wood Mackenzie believes that Chinese authorities could allow customs clearance of stranded Australian thermal coal. In addition, the local governments in Yulin region of Shaanxi province and Inner Mongolia have announced yesterday that they will be increasing coal supply to meet demand.

News Release

Global energy storage set to triple in 2021

07 October 2021

New research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows annual global storage deployments will nearly triple year-on-year, reaching 12 GW/28 GWh in 2021. Across the world, economic recovery is top of mind for politicians, with renewable energy integration taking centre stage. Despite disruptions from the Covid-19 pandemic, Wood Mackenzie’s Global Energy Storage Outlook, released today, forecasts nearly 1 TWh of total demand from 2021-2030.

News Release

High carbon tax could erode up to 60% of Asia’s refining earnings

05 October 2021

A high carbon tax could erode up to 60% of Asia’s total refining earnings by 2027, says Wood Mackenzie, at the Global Energy Summit Focus Week.

Comment

China pledges to end overseas coal investments

22 September 2021

President Xi Jinping announced that China will end coal investments overseas.

News Release

US solar prices on the rise

14 September 2021

Despite the addition of 5.7 gigawatts (GWdc) of solar capacity in Q2 2021, supply chain constraints are leading to price increases across every solar market segment, according to the U.S. Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

Comment

Woodside confirms potential merger with BHP's petroleum business

16 August 2021

Woodside has confirmed it is in discussions with BHP over a potential merger involving BHP’s entire petroleum business.

News Release

Steel sector emissions must fall 75% under 2°C scenario

10 August 2021

Carbon emissions in the steel sector must fall by 75% from today’s levels to limit global warming to within 2 degree Celsius (°C), says Wood Mackenzie.

News Release

Solar energy to boost demand for base metals

09 August 2021

According to a new report from Wood Mackenzie, a Verisk business (Nasdaq:VRSK), solar power will have a significant impact on demand for aluminium, copper, and zinc, with the usage of all three metals in the sector set to double by 2040.

Comment

Bumpy road ahead as SEA navigates energy transition but opportunities aplenty

04 August 2021

Wood Mackenzie is organising the 2021 Southeast Asia Energy Forum today. Experts will be discussing key issues and opportunities facing the region’s energy industry over the coming decades.

Comment

Oil Search and Santos on a revised merger proposal

02 August 2021

Oil Search and Santos have reached agreement on the merger ratio under the proposed merger.

Comment

China’s CATL launches sodium-ion battery

29 July 2021

China’s CATL unveiled its newly-developed sodium-ion battery at a launch event today.

Comment

Slower H2 demand across most commodities in China

28 July 2021

Demand across most commodities in China is expected to slow down in the second half of 2021, according to Wood Mackenzie’s new monthly China Economic Focus report.

News Release

Decarbonising plastic value chains remains Herculean task

26 July 2021

Despite the ‘war on plastics’, demand over the coming decades will be robust, underpinned by the growing global middle-class and the material requirements of the energy transition.

News Release

Next commodities supercycle will be driven by global energy transition

15 July 2021

Another commodities supercycle is on the horizon, but it will be different from any that have come before. Fossil fuels won’t be in the vanguard and the winners will be the industrial metals needed to electrify society - cobalt, lithium, copper, nickel, and aluminium.

News Release

EU’s ‘Fit for 55’ lays out bloc’s green blueprint

14 July 2021

Europe is at the forefront of the shift to net zero, both in ambition, but also in terms of how to make rapid and deep decarbonisation a reality. The world needs to reduce carbon dioxide (CO2) emissions as quickly as possible. Not doing so means we will need to turn to expensive and unproven technologies to withdraw CO2 from the atmosphere later this century.

Comment

ArcelorMittal to take green steel honours with Sestao plan

13 July 2021

European steelmaker ArcelorMittal today announced plans to become the world’s first steelmaker to produce fossil-free steel using virgin iron. ArcelorMittal, the world’s second largest steelmaker and Europe’s largest producer, plans to produce fossil-free steel via a process known as H-DRI-EAF.

News Release

New global wind power life cycle emissions to reach 55 Mt CO2 from 2020-2050

08 July 2021

According to Wood Mackenzie, a Verisk business (Nasdaq:VRSK), global wind power life cycle emissions will reach 55 million tonnes of carbon dioxide equivalent (Mt CO2) from 2020 to 2050, a result of wind power capacity expanding five-fold to 3.7 terawatts from 2020 to 2050. This is roughly equivalent to four times the US’s total power capacity in 2020.

News Release

Asia Pacific renewables generation investments could hit US$1.3 trillion by 2030

22 June 2021

Asia Pacific renewables (wind and solar) generation investments could double to US$1.3 trillion over the current decade to 2030 compared to the previous decade (2011 – 2020), says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

News Release

Wood Mackenzie launches first-of-its-kind refinery intelligence tool

21 June 2021

Wood Mackenzie is now offering Refinery I/O, a new tool providing daily refinery analytics from proprietary data sets.

News Release

Wood Mackenzie expands energy transition expertise with acquisition of Roskill

18 June 2021

Wood Mackenzie is pleased to announce its acquisition of Roskill, a privately-owned company and leader in metals and materials supply chain intelligence.

News Release

Producing green LNG is key for Australia to remain competitive

17 June 2021

Australian producers need to be at the forefront of green LNG to remain competitive, says Wood Mackenzie.

News Release

Australia’s low-carbon hydrogen trade could be worth up to US$90 billion in 2050

17 June 2021

Low-carbon hydrogen could become a US$50 billion to US$90 billion export industry for Australia in 2050, says Wood Mackenzie.

News Release

Packaging redesign could reduce global plastic demand by 20% by 2050

10 June 2021

Plastic packaging redesign, which includes elimination, substitution and reuse approaches, could reduce global plastic packaging demand in 2050 from 190MT to 150MT, according to a new analysis from Wood Mackenzie’s Cross-Polymer Demand Model.

News Release

Wood Mackenzie boosts its energy transition data analytics by adding Vestas as a Lens Power® Development Partner

12 May 2021

Lens® decision intelligence platform pinpoints strategic investment opportunities in utility-scale renewable generation

Comment

Australia releases Budget 2021

12 May 2021

Wood Mackenzie experts comment on the recently announced Australia Budget 2021.

Comment

China announces 'indefinite suspension of activities' under Strategic Economic Dialogue with Australia

06 May 2021

China’s state planner the National Development and Reform Commission (NDRC) announced today an “indefinite suspension of all activities under China-Australia Strategic Economic Dialogue”. Wood Mackenzie experts weigh in on the event.

News Release

Wood Mackenzie appoints Ben Hertz-Shargel as Global Head of Grid Edge

05 May 2021

Wood Mackenzie, a leading provider of commercial intelligence for the world's natural resources sector, has appointed Ben Hertz-Shargel to the role of Global Head of Grid Edge

News Release

UK accelerates plan to cut carbon emissions

20 April 2021

Today's announcement outlining the UK's plan to set a legally binding 78% greenhouse gas emissions reduction target (on 1990 levels) through its Sixth Carbon Budget is another significant milestone on the road to its goal of net-zero emissions by 2050.

News Release

Americas to lead global energy storage market by 2025

20 April 2021

According to new research from Wood Mackenzie, the Americas region will overtake Asia Pacific by 2025 to lead the global storage market, with a total capacity of 371 GWh in 2030. Most of this growth will come from the US.

News Release

Will higher oil prices spell trouble for upstream discipline?

19 April 2021

In its rebound from the 2020 downturn, Brent flirted with US$70 per barrel. Higher prices in 2021 mean higher cash flow for producers, perhaps even record-setting highs. Have the good times returned? Global natural resources consultancy Wood Mackenzie believes operators need to be cautious.

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Search results: 5129

China could ease restrictions on Australian coal and increase supply to alleviate power crunch

Global energy storage set to triple in 2021

High carbon tax could erode up to 60% of Asia’s refining earnings

China pledges to end overseas coal investments

US solar prices on the rise

Woodside confirms potential merger with BHP's petroleum business

Steel sector emissions must fall 75% under 2°C scenario

Solar energy to boost demand for base metals

Bumpy road ahead as SEA navigates energy transition but opportunities aplenty

Oil Search and Santos on a revised merger proposal

China’s CATL launches sodium-ion battery

Slower H2 demand across most commodities in China

Decarbonising plastic value chains remains Herculean task

Next commodities supercycle will be driven by global energy transition

EU’s ‘Fit for 55’ lays out bloc’s green blueprint

ArcelorMittal to take green steel honours with Sestao plan

New global wind power life cycle emissions to reach 55 Mt CO2 from 2020-2050

Asia Pacific renewables generation investments could hit US$1.3 trillion by 2030

Wood Mackenzie launches first-of-its-kind refinery intelligence tool

Wood Mackenzie expands energy transition expertise with acquisition of Roskill

Producing green LNG is key for Australia to remain competitive

Australia’s low-carbon hydrogen trade could be worth up to US$90 billion in 2050

Packaging redesign could reduce global plastic demand by 20% by 2050

Wood Mackenzie boosts its energy transition data analytics by adding Vestas as a Lens Power® Development Partner

Australia releases Budget 2021

China announces 'indefinite suspension of activities' under Strategic Economic Dialogue with Australia

Wood Mackenzie appoints Ben Hertz-Shargel as Global Head of Grid Edge

UK accelerates plan to cut carbon emissions

Americas to lead global energy storage market by 2025

Will higher oil prices spell trouble for upstream discipline?

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