• Content

  Energy Gang

  • 14 9月 2021

  Ed Crooks hosts the Energy Gang podcast, our bi-weekly digest on energy, cleantech and the environment. Prepare for a packed discussion as Ed invites industry guests to dive deep into the latest industry topics and news.

• News Release

  Can the US rise to meet the net-zero emissions challenge?

  • 16 9月 2021

  US President Joe Biden has a transformational goal: he wants the country to achieve net-zero emissions by 2050, building on the net-zero power sector he wants in place by 2035. Can the US meet this challenge? According to new research released today by global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), the US is likely to struggle to achieve Biden’s ambitions. Technological limitations, policy design, market structures and even the United States’ political and constitutional foundations may hamper progress.

• Comment

  China’s inaugural SPR auction unlikely to impact global crude oil markets

  • 24 9月 2021

  China begins the sale of its Strategic Petroleum Reserves (SPR) today. According to Wood Mackenzie, a Verisk business (Nasdaq:VRSK), the SPR auction is unlikely to have material impact on crude oil markets globally.

• Comment

  POSCO’s takeover bid for Senex could be Australia’s largest upstream takeover since 2018

  • 18 10月 2021

  South Korean conglomerate POSCO has made a surprise move on Australian gas producer Senex Energy making its first foray into the country’s upstream industry.

• Webinar

  The Petroleum Industry Act: a gamechanger for Nigeria’s upstream?

  • 28 10月 2021

  The PIA sets the fiscal terms for Nigeria's upstream sector through the energy transition years. After a tumultuous 18 months, legislators decided that more radical surgery was needed to save Nigeria from a bleak future of upstream decline. What they have delivered is both remarkable and necessary. Remarkable, because in no other jurisdiction has there been such a major transfer of value to current lease holders in onshore and shallow water. It's a different story in deepwater though, where most contractors are still to renegotiate their terms. Necessary, because Nigeria is awash with underinvested assets. Unless something is done quickly, greenhouse gas emissions and access to capital will become an even bigger risk than they are currently.

• Content

  The blue green planet: How hydrogen can transform the global energy trade

  • 27 10月 2021

  The global energy trade is set for its greatest transformation since the 1970s. Electrification is central to this as countries plough money into renewables to push down emissions and enhance their energy security.

• Content

  Gas & LNG

  • 18 5月 2021

  Market insights: gas & LNG From fundamentals to projects and pipelines – bookmark this page to get the latest news and views from our global gas & LNG experts. The Edge,Featured,Opinion,Editorial,News Release,Comment,Views Filter

• Comment

  ITC extension could power 44% boost in solar deployment

  • 01 11月 2021

  Proposed legislation to extend the investment credit tax (ITC) would have a profound impact on the US solar industry, Wood Mackenzie analysis shows, potentially increasing deployments by 44% over the next decade. But the extension, currently before Congress as part of a budget reconciliation package, will not be enough to achieve 80% carbon-free electricity generation by 2030.

• News Release

  Major energy exporters race to lead in global hydrogen trade

  • 28 10月 2021

  The time is ripe for the world's major energy exporters to accelerate the energy transition, and mastering the hydrogen trade could make a difference, says Wood Mackenzie.

• Content

  Plastic surgery: reshaping the profile of the plastics industry

  • 05 11月 2021

  To explore the effects of efforts to create a more sustainable plastics value chain, we have run a scenario founded on our base-case industry outlook. Read more.

• News Release

  Tapping working gas volume could cushion blow of Europe’s energy crunch

  • 04 11月 2021

  European gas storage has been struggling to fill this summer. Storage at the beginning of November will be about 75% full, at 83 billion cubic metres (bcm), 14 bcm below the five-year average, rattling the market. A cold European winter could result in storage levels falling to zero by the end of March 2022, unless more Russian gas supply is available versus current export levels. But there could be an alternative available to the market should this come to pass – tapping the substantial amount of cushion gas available in Europe’s storage facilities. Global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), said using cushion gas could allow an extra 15 bcm enter the market, easing the supply crunch.

• Comment

  OPEC+ shrugs off US pressure to announce 400,000 b/d output boost

  • 04 11月 2021

  Speaking after today’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said: “After unusual pressure from the US administration to lift its production, OPEC+ announced it is boosting output by 400,000 barrels per day (b/d) for December, in line with its 18 July 2021 agreement. This will be seen as disappointing by the US, which is asking for an extra increase closer to 600,000 b/d. But as long as OPEC+ actually boosts its output by 400,000 b/d, the US has indicated it will accept the outcome."

• News Release

  China’s copper industry cushioned from power crunch

  • 12 11月 2021

  Wood Mackenzie’s latest report shows that compared to other base metals, China’s copper market appears to be better cushioned from the country’s power crunch.

• Comment

  Wood Mackenzie weighs in on COP26 key takeaways

  • 15 11月 2021

  Following the conclusion of the COP26 on November 13, Wood Mackenzie experts weigh in on the key developments of the conference.

• News Release

  US energy storage market sets Q1 record for deployments

  • 08 6月 2021

  According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor’ report, 910 megawatt-hours (MWh) of new energy storage systems were brought online in Q1 2021. This is an increase of 252% over Q1 of last year, making it the biggest Q1 so far for the US storage market.

• News Release

  UK charts course for net zero North Sea

  • 06 5月 2021

  The UK government and the country’s oil and gas sector recently agreed a deal to leverage the upstream industry's capabilities, accelerate the energy transition and help the North Sea reach net zero by 2050.

• News Release

  Energy transition represents a US$14 trillion uncertainty for upstream oil and gas

  • 20 5月 2021

  The energy transition represents US$14 trillion worth of uncertainty for upstream oil and gas, according to a new report by Wood Mackenzie.

• Webinar

  Webinar | How Industrial Operators Can Reduce Electricity Cost and Improve Sustainability with Energy Storage as a Service

  • 16 6月 2021

  This webinar explores how Commercial and Industrial operators can take advantage of the Energy Storage as a Service model.

• News Release

  Action to achieve Paris climate goals will upend oil and gas prices

  • 15 4月 2021

  If the world acts decisively to limit global warming to 2°C by 2050, the scale of change will revolutionise the energy industry. Progressive electrification will squeeze the most polluting hydrocarbons out of the energy mix, nearly eliminating their markets. Oil demand will shrink, and with it, so will the power of major oil producers. Gas demand will remain resilient, but business models will need to evolve.

• Webinar

  Webinar | The 2021 Future of Exploration survey

  • 27 4月 2021

  This year sees the exploration sector in recovery mode as it begins to reposition for an energy transition world. We put our questions on the future of exploration to exploration leaders and professionals around the world. The sector had fought hard to win its way back to profitability before the crisis struck. Its disciplined approach of recent years looks set to remain even as prices recover. Exploration is increasingly playing a role in moves to a lower carbon future and geoscientists are at the forefront of some new energy businesses. We've analysed the data to discover the key challenges the industry is facing, which explorers stand out from the pack and the role of exploration in today’s energy company

• Comment

  Australia's pathway to net-zero emissions by 2050

  • 20 4月 2021

  On 19 April, Australian PM Scott Morrison's commented on the country's road to net-zero emissions.

• News Release

  TotalEnergies named industry’s most-admired explorer

  • 31 5月 2021

  For the second consecutive year, French major TotalEnergies has been named the upstream industry’s most-admired explorer, an accolade awarded as part of with Wood Mackenzie’s industry-leading annual Exploration Survey.

• News Release

  US solar market passes 100 GW milestone

  • 15 6月 2021

  The US solar market surpassed 100 gigawatts (GWdc) of installed electric generating capacity, doubling the size of the industry over the last 3.5 years, according to the US Solar Market Insight Q2 2021 report, released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

• News Release

  Long-term LNG set to remain a buyers’ market

  • 15 6月 2021

  The liquefied natural gas (LNG) long term contract market and LNG spot market are travelling in opposite directions. The long-term buyers’ market is only likely to end when it becomes clear that demand will outstrip new supply available from Qatar and Russia, global energy consultancy Wood Mackenzie said.

• News Release

  South Korea could be more ambitious with renewables target in 9th Basic Plan

  • 15 6月 2021

  South Korea could be more ambitious with its 9th Basic Plan’s 2030 renewables capacity target, according to research by Wood Mackenzie.

• News Release

  Japan unlikely to meet 46% emissions reduction by 2030

  • 15 6月 2021

  Japan is unlikely to reach a 46% reduction in emissions by 2030 compared to 2013 levels, according to research by Wood Mackenzie.

• News Release

  Wood Mackenzie scales data analytics across the energy transition by adding Quinbrook as a Lens Power Development Partner

  • 21 6月 2021

  Wood Mackenzie, the leading provider of commercial intelligence for the world’s natural resources sector, today welcomes Quinbrook Infrastructure Partners as a development partner for the industry-leading Lens decision intelligence platform.

• News Release

  Gold miners on track to align with 2°C climate target by 2030

  • 23 6月 2021

  The global gold industry is broadly on track to align with a 2°C climate target by the end of the current decade. However, more action is required if the industry is to meet – and surpass – the 1.5°C mark, according to a new report from Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

• News Release

  Battery electric vehicles to dominate vehicle sales by 2050

  • 28 6月 2021

  Battery electric vehicles (BEVs) will be the dominant form of road transport by 2050, accounting for 56% of all vehicle sales that year, according to new research from Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

• Webinar

  Webinar | The Top 5 EV Automakers' Race to Electrification

  • 14 7月 2021

  Join us on July 14th as Prachi Mehta, Senior Analyst for Wood Mackenzie’s EV service dives deeper into the WoodMac projected Top 5 EV automakers and their race to electrification.