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Europe’s flexible packaging market will be worth over €16 billion by 2023

23 July 2019

Europe's flexible packaging market is predicted to achieve a compound annual growth rate (CAGR) of 2% over the next five years to reach over €16 billion in 2023.

News Release

Faster decline rates prompt Permian players to eye spending boost

22 July 2019

Accelerating tight oil decline rates top a growing list of concerns for Permian basin operators, with unexpected production shortfalls prompting producers to consider stepping up drilling investment and M&A activity, Robert Clarke, Research Director, Lower 48 Upstream, told delegates at the Unconventional Resources Technology Conference (URTeC) in Denver.

News Release

Decarbonising US power grid 'may cost US$4.5 trillion'

27 June 2019

The transition to a 100% renewable US power grid will need investment of up to US$4.5 trillion over the next 10 to 20 years, new analysis from Wood Mackenzie found.

News Release

Spandex entering the big time as sales to hit 1 million tonnes by 2020

25 June 2019

As spandex closes in on sales of 1 million tonnes, industry structures will change to meet competition from China and the challenge of closed-loop recycling, according to recent Wood Mackenzie Chemicals research.

News Release

Malaysia offers significant gas opportunities

24 June 2019

According to research by natural resources consultancy Wood Mackenzie, Malaysia offers some of the most material and attractive upstream investment opportunities in Southeast Asia, primarily due to the need for additional gas supply.

News Release

U.S. solar market sees best Q1 in history

18 June 2019

New findings from Wood Mackenzie Power & Renewables and SEIA's U.S. Solar Market Insight Report, Q2 2019

News Release

Mozambique LNG under starter’s orders

18 June 2019

US independent Anadarko Petroleum today formally sanctioned its Mozambican liquefied natural gas (LNG) project, Mozambique LNG. Anadarko is developing Mozambique’s first onshore LNG facility, initially consisting of two LNG trains with a total nameplate capacity of 12.88 million tonnes per annum (mmtpa). Feedgas comes from the Golfinho/Atum field, in Offshore Area 1.

News Release

Unplanned wind turbine repairs to cost industry $8 billion+ in 2019

03 June 2019

Global onshore wind O&M costs will reach nearly $15 billion in 2019. Of that number, 57% - or $8.5 billion – will be spent on unplanned repairs and correctives caused by component failures, according to new research by Wood Mackenzie Power & Renewables.

News Release

Beetaloo could bring long-term gas supply to Australia's east coast market

29 May 2019

According to research by Wood Mackenzie, Australia's Beetaloo basin is the only new gas resource with sufficient scale to supply the east coast market in the long term.

News Release

Australia's next wave of LNG projects needs to compete to progress

28 May 2019

According to research by Wood Mackenzie, a second wave of LNG investments is building, both in Australia and globally, and these projects need to compete to progress

News Release

Global BOPET film market to grow almost 6% p.a. by 2023

15 May 2019

The global BOPET film market has seen demand grow by 6.7% p.a. over the last 5 years and now sits at just over 5 million tonnes, according to new research from Wood Mackenzie Chemicals.

News Release

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

14 May 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.

News Release

LNG primed for US$200bn capex boom

25 April 2019

The liquefied natural gas (LNG) boom is back. Over the next two years, almost 90 million tonnes per annum (mmtpa) of LNG is expected to take final investment decision (FID) and start construction. New research from Wood Mackenzie show that capital expenditure - for both LNG plant and upstream infrastructure - will total more than US$200 billion between 2019 and 2025. This will provide a major boost to engineering, procurement and construction (EPC) contractors and other providers along the supply chain.

News Release

Global storage market to grow from 12 GWh to 158 GWh by 2024

09 April 2019

The global energy storage market will expand 13-fold by 2024, according to new research from Wood Mackenzie Power & Renewables.

News Release

EU PET bottle collection target unlikely to be met

27 March 2019

The European Union's (EU) proposal to introduce a 90% collection target for PET beverage bottles by 2029 is unlikely to be met without significant investment in infrastructure and waste management collection, according to Wood Mackenzie Chemicals.

News Release

AFPM 2019: Over $200 billion to be invested in U.S. petrochemicals industry

26 March 2019

The U.S. petrochemicals industry is experiencing an investment renaissance, Steve Zinger, Wood Mackenzie Chemicals Senior Vice President, said during his appearance at AFPM's 2019 International Petrochemical Conference.

News Release

Amazon’s packaging transition boost for U.S. flexible plastics industry

12 March 2019

Amazon’s decision to move towards lightweight flexible plastic mailers over its traditional cardboard boxes will likely set a trend for the rest of the industry, according to Wood Mackenzie Chemicals’ recent ‘Q1 2019 Flexible Packaging Global Market Overview’.

News Release

US independents balance the books

14 February 2019

The Lower 48 E&P sector is under pressure from investors demanding greater capital discipline, positive free cash flow and increasing returns. There’s a tug-of-war between value and volume, and value has emerged as the winner. The Lower 48’s independents, who traditionally pursued growth at all costs, must now rein in their impulses and focus on delivering returns to their shareholders. How does this affect their 2019 spending plans, and how do they manage volatile oil prices?

News Release

More than 61GW of US wind turbine equipment has qualified for production tax credits since 2016

12 February 2019

Developers in the US purchased sufficient equipment to qualify 6.6GW of new wind power capacity in 2018 for 60% production tax credits (PTC) under the Internal Revenue Service’s (IRS) safe harbor provision law, according to recent analysis carried out by Wood Mackenzie Power & Renewables. Accordi...

News Release

Exploration’s back in the black

04 February 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.

News Release

Global offshore wind capacity will increase nearly sixfold over the next decade

28 January 2019

By the end of 2017, offshore wind had only been deployed commercially across seven markets, with UK and Germany accounting for 68 percent of the grid-connected capacity. However, according to a recent report from Wood Mackenzie Power and Renewables, global offshore wind power demand will increase...

News Release

More than 680GW of new wind power to come online over next decade

11 December 2018

More than 680GW of new wind power capacity will come online globally over the 10-year outlook, according to new research by Wood Mackenzie Power & Renewables. Wood Mackenzie recently upgraded its Global Wind Power Market Outlook Update: Q4 2018 by 2% compared to the outlook published in the third...

News Release

New technology investments to boost growing global wind market

06 December 2018

Wind turbines are set to become even bigger and better in an effort to maintain consistent downward trends of Levelized Cost of Electricity (LCOE), according to new research by Wood Mackenzie Power & Renewables. “Rapid technology developments have been a large driver of elevating wind to a compet...

News Release

European energy storage markets heating up with total deployments nearing global highs

20 November 2018

According to a new report from Wood Mackenzie Power & Renewables, an increasing number of major utilities have made strategic plays by investing in a relatively new European energy storage market over the past two years

News Release

How digitalisation transformed the US Lower 48

12 November 2018

Upstream oil and gas companies are accelerating the implementation of big data applications and digital technologies to help transform their businesses. But how close is industry to achieving this? Where does the US Lower 48 stand in this transformation? A new study drills down into digitalisation in the upstream sector and identifies the technologies and applications being employed today and evaluates their potential impact.

News Release

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

24 October 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.

News Release

Asia-Pacific solar demand to decline first time this year

24 October 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

Breaking the speed limit: Wood Mackenzie warns AI data centre power race threatens projects and consumers

27 May 2026

The race to power artificial intelligence is pushing US data centre development to break the speed limit of grid development - creating significant risk for projects, markets and consumers, according to a new Wood Mackenzie report.

News Release

With 100-200 GW of new data centre capacity needed by 2030, carbon capture on gas offers fastest route to decarbonisation

14 May 2026

With natural gas dominating near-term data centre power additions, carbon capture offers the most practical path to decarbonization, according to new Wood Mackenzie analysis.

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.

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Search results: 958

Europe’s flexible packaging market will be worth over €16 billion by 2023

Faster decline rates prompt Permian players to eye spending boost

Decarbonising US power grid 'may cost US$4.5 trillion'

Spandex entering the big time as sales to hit 1 million tonnes by 2020

Malaysia offers significant gas opportunities

U.S. solar market sees best Q1 in history

Mozambique LNG under starter’s orders

Unplanned wind turbine repairs to cost industry $8 billion+ in 2019

Beetaloo could bring long-term gas supply to Australia's east coast market

Australia's next wave of LNG projects needs to compete to progress

Global BOPET film market to grow almost 6% p.a. by 2023

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

LNG primed for US$200bn capex boom

Global storage market to grow from 12 GWh to 158 GWh by 2024

EU PET bottle collection target unlikely to be met

AFPM 2019: Over $200 billion to be invested in U.S. petrochemicals industry

Amazon’s packaging transition boost for U.S. flexible plastics industry

US independents balance the books

More than 61GW of US wind turbine equipment has qualified for production tax credits since 2016

Exploration’s back in the black

Global offshore wind capacity will increase nearly sixfold over the next decade

More than 680GW of new wind power to come online over next decade

New technology investments to boost growing global wind market

European energy storage markets heating up with total deployments nearing global highs

How digitalisation transformed the US Lower 48

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

Asia-Pacific solar demand to decline first time this year

Breaking the speed limit: Wood Mackenzie warns AI data centre power race threatens projects and consumers

With 100-200 GW of new data centre capacity needed by 2030, carbon capture on gas offers fastest route to decarbonisation

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

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