• News Release

  Wood Mackenzie supports the installation of 252 solar panels in energy impoverished areas of Puerto Rico

  • 11 4月 2023

  A team of six professionals from global energy consultancy Wood Mackenzie traveled to energy-impoverished areas of Puerto Rico last month to install solar panels and energy storage systems on homes and a women’s shelter as part of an ongoing charitable project with Let’s Share the Sun Foundation.

• News Release

  A supercharged China could turn up the heat on global commodities

  • 23 3月 2023

  The Chinese economy is expected to grow by 5.5% but could grow by as much as 7% in 2023 as the country bounces back from three years of lock-down caused by the Covid pandemic according to a new report by 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

  Oil prices likely to be lower in 2025 than last year

  • 18 3月 2025

  Brent crude oil prices are projected to average $73 per barrel in 2025, down $7 per barrel per barrel from 2024, according to Wood Mackenzie’s latest monthly oil market outlook. The $73 per barrel forecast for this year is revised down $0.40 per barrel from the early February monthly report.

• 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

  Wood Mackenzie launches Lens Power & Renewables

  • 04 3月 2025

  Wood Mackenzie, the global insight business for renewables, energy, and natural resources, has launched Lens Power & Renewables, a new suite of products with interconnected data, analytics, and insights to navigate the energy transition.

• News Release

  South America to add 160 GW of solar PV capacity by 2034

  • 05 3月 2025

  Wood Mackenzie's latest report on the South American solar PV market reveals that the region will add 160 GWdc of solar capacity between 2025 and 2034, driven by diversification efforts, growing power demand, and favourable system economics. The report "South America Solar PV Market Outlook 2025" provides a comprehensive analysis of the region's solar energy landscape, power sector dynamics, 10-year solar PV installation outlook, and policy impacts across key markets.

• News Release

  Natural gas remains the crucial bridge in the energy transition, yet challenges persist

  • 20 2月 2025

  Natural gas will play a vital role in the energy transition, supporting the expansion of renewables and accelerating the shift away from coal, according to the latest Horizons report from Wood Mackenzie. The report, titled "The bridge: Natural gas's crucial role as a transitional energy source," emphasizes that while the world is increasingly turning to renewable energy, natural gas remains fundamental to meeting global energy needs and reducing emissions in the medium term.

• News Release

  Oil market uncertainty could significantly affect prices

  • 24 2月 2025

  Wood Mackenzie projects that Brent crude oil prices will average $73.00 per barrel (bbl) in 2025, according to its latest market outlook. The forecast considers various geopolitical and economic factors, including potential peace talks between Russia and the US regarding the Ukraine conflict, ongoing tariffs, and sanctions against Iran.

• News Release

  Wood Mackenzie recognised on Financial Times' - UK’s Leading Management Consultants 2025

  • 10 2月 2025

  Wood Mackenzie made the Financial Times’ 2025 list of the UK’s Leading Management Consultants –presented by the Financial Times in cooperation with leading statistics and industry ranking portal Statista Inc. The list was announced on February 5, 2025, and can be viewed on the FT website.

• 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

  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

  Republican control will shift US energy policy away from net zero, but sweeping agenda faces roadblocks

  • 18 11月 2024

  Republican control in the US will move energy policy away from net zero targets, but President-elect Trump’s full agenda will face political and market opposition according to Wood Mackenzie analysis.

• News Release

  U.S. solar cell production resumes for first time since 2019, as solar module manufacturing sets record in Q3

  • 04 12月 2024

  The United States added a record-breaking 9.3 gigawatts (GW) of new solar module manufacturing capacity in Q3 2024. At full capacity, U.S. solar module factories can produce enough to meet nearly all demand for solar in the United States.

• News Release

  Shell and Equinor combination creates a new UK superpower, says Wood Mackenzie

  • 06 12月 2024

  Addressing the announcement of Equinor and Shell combining UK offshore oil and gas assets in a newly incorporated joint venture, Gail Anderson, research director at Wood Mackenzie said, “This new venture will create the biggest producer on the UKCS and demonstrates the long-term attractiveness of the region.”

• News Release

  North Sea decommissioning faces challenges on several fronts, says Wood Mackenzie

  • 16 12月 2024

  The likelihood of a “dash to decom” in the North Sea remains limited due to a number of speed bumps that are slowing the widespread shut down of offshore assets, Wood Mackenzie reports.

• 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

  An additional £10 billion of North Sea value could be extracted from existing assets if the right fiscal and regulatory regime is established

  • 23 10月 2024

  Up to £10 billion of North Sea oil and gas pre-tax value could be unlocked from existing assets if the UK government was to implement a fiscal system that encourages investment – and restores trust with the industry – according to new analysis by Wood Mackenzie.

• News Release

  Increased protectionist measures in US solar market could expand domestic manufacturing, but increase overall costs

  • 22 10月 2024

  New trade tariffs and increased import restrictions in the US solar supply chain would expand domestic manufacturing, but create a more expensive market, potentially slowing down the growing sector, according to a recent report from Wood Mackenzie.

• News Release

  Global competitiveness of renewable LCOE continues to accelerate

  • 21 10月 2024

  In 2024, the global landscape for Levelised Cost of Electricity (LCOE) continues to reflect significant advances in renewable energy technologies, with wind and solar power leading the way, according to the latest LCOE reports from Wood Mackenzie.

• News Release

  Guyana and Suriname could provide 12 mmtpa of cost-competitive LNG in the 2030s

  • 04 11月 2024

  Several gas developments are underway in Guyana and Suriname that could offer new competitive LNG supply sources early next decade, according to a new report from Wood Mackenzie.

• News Release

  US Grid-Scale Energy Storage Installations Surge, Setting New Q2 Record

  • 01 10月 2024

  The U.S. energy storage market experienced significant growth in the second quarter, with the grid-scale segment leading the way at 2,773 MW and 9,982 MWh deployed.

• News Release

  H1 global wind turbine orders hit 91.2 GW, a 23% increase from year-ago levels

  • 16 9月 2024

  H1 global wind turbine orders hit 91.2 GW, a 23% increase from year-ago levels

• News Release

  Golden Pass LNG project delay to impact global gas markets with removal of new supply, according to Wood Mackenzie

  • 02 8月 2024

  The new six-month delay to the Golden Pass LNG Terminal LLC planned start-up in Texas will remove a fair amount of new supply from the market in a period of intense growth, shifting the surge from 2026 to 2027 and impacting both the global and North American gas markets, according to analysis from Wood Mackenzie.

• News Release

  US energy storage market breaks installation record in Q4 2023

  • 20 3月 2024

  The US energy storage market shattered previous records for deployment across all segments in the final quarter of 2023, with 4,236 megawatts (MW) installed over the period, a 100% increase from Q3 according to a new report released today.

• News Release

  Record highs for global wind turbine order intake in 2023

  • 18 3月 2024

  Global wind turbine order intake hit new highs in 2023 with 155 gigawatts (GW) procured for the year, an increase of 16 GW from 2022.

• News Release

  As project economics rebound, upstream FIDs to increase in 2024, with focus on deepwater resources

  • 14 3月 2024

  Up to 30 upstream projects larger than 50 million of barrels of oil equivalent (boe) could reach FID in 2024, an increase from 22 in 2023, according to a new report from Wood Mackenzie.

• News Release

  Wood Mackenzie and Let’s Share the Sun donate solar PV and energy storage system to women’s shelter in Puerto Rico

  • 08 3月 2024

  On International Women’s Day, Wood Mackenzie, in partnership Let’s Share the Sun and other third parties, dedicated 51 solar panels and battery storage to a shelter for victims of domestic violence in Puerto Rico. The fully installed 25 kW-DC system will provide a significant portion of the shelter’s power needs.

• News Release

  Government tenders to drive 102 GW of global renewable capacity in 2024

  • 07 3月 2024

  More than 100 gigawatts (GW) of global renewable energy capacity is expected to be tendered in 2024. With more than 60 GW to be offshore wind, the overall volume is set to grow as the year progresses and will match 2023 levels.

• News Release

  Asia Pacific could become a global leader in the energy transition

  • 21 2月 2024

  Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.