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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.

Comment

NEA Gas Forum - the future of gas is Asia and the prize is large

09 June 2021

Wood Mackenzie experts discussed key drivers of Asia Pacific gas markets at the Northeast Asia Gas Forum today.

News Release

Europe emerges as global LNG price-setter

27 May 2021

Global liquefied natural gas (LNG) markets were set to tighten over the next five years, driven by a slowdown in global LNG supply growth. But Europe’s market dynamics are turbo-charging the price recovery, with TTF currently trading close to US$9 per million British thermal units (/mmbtu), a level not seen since mid-2018. Following the recent winter spot price spike in Asia, the European market has been sustaining global LNG prices, making the region a battleground for global LNG price formation, new research from global natural resources consultancy Wood Mackenzie found.

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

Colonial Pipeline cyberattack may benefit European refiners

10 May 2021

The 2.5 million barrels per day (b/d) Colonial Pipeline moves roughly 45% of the US East Coast's supply of gasoline, diesel, and jet fuel from the Gulf Coast. The duration of the outage following the cyberattack on 7 May 2021 is uncertain. In the short term, Wood Mackenzie expects fuel demand and prices to rise in PADD 1, prompting refined fuel inventories to decline and PADD 1 refiners to maximize production.

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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.

News Release

Carbon neutrality goal forces Chinese aluminium smelters away from captive coal power

19 April 2021

China’s march towards carbon neutrality is forcing its aluminium smelters away from using captive coal-fired power, says Wood Mackenzie.

News Release

Asia’s ambitious biofuels plans thwarted by supply constraints and food security concerns

31 March 2021

Asia’s ambitious biofuels blending targets will be a challenge to meet due to supply constraints and food security concerns, says Wood Mackenzie.

News Release

Wood Mackenzie’s new multi-factor analysis pin-points advantaged reservoirs

30 March 2021

Granular subsurface data is key to understanding advantaged resources

News Release

Global wind power installations hit record levels in 2020

29 March 2021

114 GW of new wind capacity was added globally in 2020, representing an 82% increase year-over-year (YoY), according to new research from Wood Mackenzie. This is the highest global annual installation total on record.

News Release

Chinese NEV and HEV sales to rise over 15-fold by 2035

23 March 2021

Sales of China’s new energy vehicles (NEV) and hybrid electric vehicles (HEV) combined are expected to rise 15-fold or more by 2035 with their share in total new car sales exceeding 80%, says Wood Mackenzie.

News Release

Texas deep freeze: lingering impacts on US petrochemical industry

19 March 2021

Last month’s winter storm paralysed the US petrochemical industry. Operations at US Gulf Coast petrochemical facilities have yet to fully recover one month after freezing temperatures triggered wide-spread power outages and plant shutdowns.

News Release

China’s green ambitions can complement energy security and economic goals

18 March 2021

Wood Mackenzie’s latest report reveals that China’s march towards carbon neutrality by 2060 can complement both energy security and economic goals.

News Release

U.S. solar industry sets records in 2020, on track to quadruple by 2030

16 March 2021

The U.S. solar industry grew 43% and installed a record 19.2 gigawatts (GWdc) of capacity in 2020, according to the ‘U.S. Solar Market Insight 2020 Year-in-Review’ report, released today by Wood Mackenzie and the Solar Energy Industries Association (SEIA).

News Release

US energy storage market shatters quarterly deployment record

03 March 2021

According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor’ report, 2,156 megawatt-hours (MWh) of new energy storage systems were brought online in Q4 2020. This is an increase of 182% from Q3 2020, making Q4 the new record quarter for U.S. storage.

News Release

IMO 2030 carbon intensity target can be achieved with adoption of amendments

26 February 2021

Wood Mackenzie’s latest report reveals that the International Maritime Organization’s (IMO) 2030 carbon intensity target can be achieved with the adoption of the Energy Efficiency Design Index (EEDI) and Energy Efficiency Design Index for existing ships (EEXI) amendments at the Marine Environment Protection Committee (MEPC) 76 in June this year.

News Release

BMW Group must prioritise full-electric cars to meet 2030 targets

25 February 2021

BMW Group – which is comprised of BMW, Mini, Rolls-Royce and Zinoro – is targeting 7 million in battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) stock by 2030, which would see over 1 million combined sales of these cars globally by the same date. However, Wood Mackenzie projects the company will only meet 61% (4.2 million) of that stock target by 2030.

News Release

US winter storm impacts on the polyester value chain

18 February 2021

As the US deals with this week’s winter storm, refining and petrochemicals outages could have an impact on the global polyester chain, according to Wood Mackenzie.

News Release

Europe needs to change course to hit 2030 emissions target

18 February 2021

Europe’s new 2030 emissions target of a 55% reduction over 1990 levels has made it the undisputed global leader in climate ambition. However, with the region still a long way from achieving this rapidly approaching goal, dramatic changes are needed.

News Release

Greentech Media's integration with Wood Mackenzie

12 February 2021

Wood Mackenzie acquired Greentech Media in 2016 and in 2019 integrated the GTM research practice into our ever-expanding Power and Renewables research team. Since then we have continued to use greentechmedia.com and GTM Squared as vehicles to present green technology and renewables news. Recognising the strategic importance of the energy transition to Wood Mackenzie, the time has now come for us to fully integrate Greentech Media.

News Release

700 million electric vehicles will be on the roads by 2050

08 February 2021

Electric vehicle (EV) sales are expected to reach 62 million units per year by 2050, with a total global EV stock of 700 million, according to new research from Wood Mackenzie.

News Release

OPEC+, Covid-19 and energy transition – 3 themes impacting oil markets and refining in 2021

28 January 2021

Wood Mackenzie’s latest outlook report shows that the art of balancing oil markets and the refining sector in 2021 hinges upon three key themes – OPEC+ production, Covid-19 developments, and the energy transition.

News Release

Solar power now cheapest way to add electricity in many markets - and getting cheaper

21 January 2021

The cost of solar power has dropped 90% over the last two decades, and will likely fall another 15% to 25% in the decade to come, says Wood Mackenzie. By 2030, solar will become the cheapest source of new power in every US state, plus Canada, China, and 14 other nations.

News Release

Asia Pacific FTM storage costs to decline 30% by 2025

19 January 2021

All-in front-of-the-meter (FTM) battery storage system costs in Asia Pacific markets could decline by more than 30% by 2025, says Wood Mackenzie.

News Release

Driving toward a majority renewables America to catalyse nearly one million direct U.S. clean energy jobs

16 December 2020

According to a new, first-of-its-kind study released today by Wood Mackenzie and the American Clean Power Association, reaching a majority renewables grid will deploy over $1 trillion in capital investment into the American economy over the next decade, while supporting 980,000 direct jobs, stabilising wholesale power prices, and reducing U.S. carbon emissions by over 60%.

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Search results: 5165

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

NEA Gas Forum - the future of gas is Asia and the prize is large

Europe emerges as global LNG price-setter

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

Australia releases Budget 2021

Colonial Pipeline cyberattack may benefit European refiners

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?

Carbon neutrality goal forces Chinese aluminium smelters away from captive coal power

Asia’s ambitious biofuels plans thwarted by supply constraints and food security concerns

Wood Mackenzie’s new multi-factor analysis pin-points advantaged reservoirs

Global wind power installations hit record levels in 2020

Chinese NEV and HEV sales to rise over 15-fold by 2035

Texas deep freeze: lingering impacts on US petrochemical industry

China’s green ambitions can complement energy security and economic goals

U.S. solar industry sets records in 2020, on track to quadruple by 2030

US energy storage market shatters quarterly deployment record

IMO 2030 carbon intensity target can be achieved with adoption of amendments

BMW Group must prioritise full-electric cars to meet 2030 targets

US winter storm impacts on the polyester value chain

Europe needs to change course to hit 2030 emissions target

Greentech Media's integration with Wood Mackenzie

700 million electric vehicles will be on the roads by 2050

OPEC+, Covid-19 and energy transition – 3 themes impacting oil markets and refining in 2021

Solar power now cheapest way to add electricity in many markets - and getting cheaper

Asia Pacific FTM storage costs to decline 30% by 2025

Driving toward a majority renewables America to catalyse nearly one million direct U.S. clean energy jobs

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