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Gold industry must invest $37bn by 2025 to maintain 2019 production levels

17 June 2020

Prior to the coronavirus outbreak, peak gold supply was becoming a real possibility. Now, with exploration programmes paused or cancelled and project disruptions hampering production, the summit is in sight.

News Release

US solar market sets Q1 record but pandemic mutes Q2 outlook

11 June 2020

The U.S. solar market installed 3.6 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q1 2020, representing its largest first quarter ever and 40% of all new electric generating capacity additions in the United States.

News Release

Coronavirus and the collapse in polyester – will paraxylene and PTA markets recover?

01 June 2020

Global polyester production is expected to decline by more than half a million tonnes this year. For polyester’s key raw materials, paraxylene (PX) and PTA, the knock-on effects will hit global demand in the coming years.

News Release

China’s Q2 2020 oil demand shows signs of recovery

26 May 2020

According to the latest analysis by Wood Mackenzie, China’s oil demand will recover to 13 million barrels per day (b/d) in Q2 2020, a 16.3% jump compared to Q1 this year.

News Release

NOCs to slash over a quarter of exploration budgets on average in 2020

20 May 2020

National oil companies (NOCs) globally are estimated to cut exploration budgets by over a quarter on average in 2020, says Wood Mackenzie.

News Release

Bangladesh to double its fossil fuel imports in a decade

14 May 2020

Bangladesh is expected to double its fossil fuel imports to 32 million tonnes of oil equivalent (Mtoe) between 2020 and 2030, says Wood Mackenzie.

News Release

Asia olefins face historical production losses due to regional lockdowns

29 April 2020

A new report from Wood Mackenzie shows that olefins production losses in Asia have reached historical highs as a result of regional lockdowns in the wake of the coronavirus outbreak.

News Release

Saudi Arabia’s May 2020 OSPs for crude exports bode well for Asian refiners

16 April 2020

Looking at the May OSPs, it is clear that Saudi Arabia wants to ensure its crude remains very competitive in Asia.

News Release

Covid-19 lockdown hits global solar PV market

09 April 2020

The coronavirus pandemic will have a significant impact on the global solar PV market. Construction and development is slowing as countries around the world enforce unprecedented lockdowns. As the world economy faces severe economic disruption, Wood Mackenzie has downgraded its forecast for 2020 installations from 129.5 gigawatts (GW) to 106.4 GW, a reduction of 18%.

News Release

Global electric vehicle sales to drop 43% in 2020

08 April 2020

Global electric vehicle (EV) sales closed at 2.2 million in 2019. This number is expected to drop 43% to 1.3 million by the end of 2020, according to new research from Wood Mackenzie.

News Release

$600bn to be spent on wind turbines globally by 2028

07 April 2020

According to new analysis from Wood Mackenzie, annual average wind turbine supply is forecast to hit $60 billion between 2020 and 2028 - reflecting an increase of 8% compared to 2019.

News Release

India’s renewables installation could fall by a fifth due to lockdown

06 April 2020

In a new report, Wood Mackenzie projects that India could face over 21.6% or 3 gigawatts (GW) of solar photovoltaic (PV) and wind installations being delayed as a result of the country’s lockdown.

News Release

Coronavirus could derail energy storage growth in 2020

01 April 2020

If coronavirus containment measures continue to curtail movement of goods and people through Q2 this year, alongside an economic downturn, the market impact could trim Wood Mackenzie’s 2020 global energy storage deployments forecast by 19%.

News Release

Gas sector impacted by triple whammy of coronavirus, oil price crash and LNG oversupply

01 April 2020

In its latest short-term gas and LNG outlook report, Wood Mackenzie weighs the risks coronavirus, sustained low oil prices and LNG oversupply pose to the sector this year.

News Release

Coronavirus impact trims US behind-the-meter storage forecast by 31%

27 March 2020

Wood Mackenzie has trimmed its forecast for US behind-the-meter (BTM) energy storage in 2020 by 31% as a result of the coronavirus crisis.

News Release

China’s crude reserves to reach 1.15 billion barrels in 2020

23 March 2020

Wood Mackenzie’s latest analysis reveals that China’s crude stock (including strategic and commercial petroleum reserves) could reach 1.15 billion barrels in 2020, equivalent to 83 days of oil demand.

News Release

Flexible power grid crucial to meeting energy transition goals in 2020s

18 March 2020

Over the next decade, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility and power markets, according to Wood Mackenzie.

News Release

Off-grid energy key to power growth in emerging markets

11 March 2020

Approximately $2.1 billion in cumulative disclosed corporate-level investment was deployed into off-grid energy access markets between 2010 and 2019.

News Release

Record amount of wind turbine capacity ordered globally in 2019

05 March 2020

2019 saw nearly 100GW of global wind turbine order capacity, shattering the previous record set in 2018, according to new analysis from Wood Mackenzie.

News Release

2020s to be decade of emerging solar PV markets

25 February 2020

The next decade is set to deliver more of the same for solar PV, according to Wood Mackenzie.

News Release

Flexible packaging demand in Asia hit by sluggish regional economy

25 February 2020

Overall flexible packaging demand in Asia grew by 4.8% in 2019, down from 5.6% in 2018. This was mainly due to slower growth rates in major national markets, according to Wood Mackenzie.

News Release

Energy storage to accelerate global energy transition in 2020s

24 February 2020

The starting gun has sounded for the global storage market, which is set to grow from approximately 4GW of annual deployments in 2019 to more than 15GW in 2024, according to Wood Mackenzie.

News Release

Solar power to become cheaper and more efficient in 2020s

04 February 2020

Solar system prices will continue to drop over the next decade, driven by advances in module efficiency, manufacturing, labour practices and software, according to Wood Mackenzie.

News Release

Could 2020 market trends bring new lustre to gloomy lead market?

04 February 2020

2020 will see lead transition into a market surplus after several years of significant deficit, according to Wood Mackenzie.

News Release

Chinese smelters critical to zinc market balance in 2020

30 January 2020

The most important driver of the zinc market in 2020 will be the performance of the world’s zinc smelting industry, according to Wood Mackenzie.

News Release

Uncertainty to cloud global nickel market outlook in 2020

29 January 2020

All eyes will be on the Indonesian nickel market in 2020. The knives may be out for the country’s nascent stainless industry but the staggering potential for expansion in NPI may reduce the impact of the nickel ore export ban to a minor inconvenience. Although the global battery sector share of nickel demand is much smaller than other metals, getting the quantity of nickel that EVs will need by the mid-2020s will remain a challenge.

News Release

Geopolitical tensions set to maintain gold’s allure in 2020

28 January 2020

Gold is poised to perform strongly in 2020, with geopolitical risk set to remain elevated, according to Wood Mackenzie.

News Release

Global copper market to see another year of volatile prices

22 January 2020

As we look to 2020, copper is faced with a finely balanced market. For now, positive investor sentiment around copper’s fundamentals is supporting higher prices.

News Release

Policy developments to shape global steel markets in 2020

21 January 2020

Chinese steel demand will likely peak this year at 890 million tonnes, a growth of 1.5%, according to Wood Mackenzie. With China responsible for half of global steel demand, Chinese government policy remains core to Wood Mackenzie’s view.

News Release

2020 could mark start of downcycle for China’s petrochemical industry

15 January 2020

In a recently published report, Wood Mackenzie predicts the start of a downcycle in China’s petrochemical industry. A supply overhang has already hit the country’s paraxylene (PX) market, with olefins and polyolefins markets almost certain to face the same.

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Search results: 1006

Gold industry must invest $37bn by 2025 to maintain 2019 production levels

US solar market sets Q1 record but pandemic mutes Q2 outlook

Coronavirus and the collapse in polyester – will paraxylene and PTA markets recover?

China’s Q2 2020 oil demand shows signs of recovery

NOCs to slash over a quarter of exploration budgets on average in 2020

Bangladesh to double its fossil fuel imports in a decade

Asia olefins face historical production losses due to regional lockdowns

Saudi Arabia’s May 2020 OSPs for crude exports bode well for Asian refiners

Covid-19 lockdown hits global solar PV market

Global electric vehicle sales to drop 43% in 2020

$600bn to be spent on wind turbines globally by 2028

India’s renewables installation could fall by a fifth due to lockdown

Coronavirus could derail energy storage growth in 2020

Gas sector impacted by triple whammy of coronavirus, oil price crash and LNG oversupply

Coronavirus impact trims US behind-the-meter storage forecast by 31%

China’s crude reserves to reach 1.15 billion barrels in 2020

Flexible power grid crucial to meeting energy transition goals in 2020s

Off-grid energy key to power growth in emerging markets

Record amount of wind turbine capacity ordered globally in 2019

2020s to be decade of emerging solar PV markets

Flexible packaging demand in Asia hit by sluggish regional economy

Energy storage to accelerate global energy transition in 2020s

Solar power to become cheaper and more efficient in 2020s

Could 2020 market trends bring new lustre to gloomy lead market?

Chinese smelters critical to zinc market balance in 2020

Uncertainty to cloud global nickel market outlook in 2020

Geopolitical tensions set to maintain gold’s allure in 2020

Global copper market to see another year of volatile prices

Policy developments to shape global steel markets in 2020

2020 could mark start of downcycle for China’s petrochemical industry

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