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News Release
China’s e-bus stock to surpass 1 million mark by 2023
- 16 9月 2019
Fuelled by public policy and declining battery costs, global electric bus adoption is set to triple by 2025. The Chinese market - the most promising in this sector - will surpass the 1 million e-bus mark by 2023 and reach 1.3 million by 2025, according to new research from Wood Mackenzie.
News Release
LNG primed for US$200bn capex boom
- 25 4月 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 wind turbine fleet to consume over 5.5Mt of copper by 2028
- 02 9月 2019
Over 650 GW of new onshore and 130 GW of new offshore wind capacity will be installed between 2018 and 2028. This will consume in excess of 5.5Mt of copper, according to a recent analysis by Wood Mackenzie.
News Release
Verisk to Acquire Genscape
- 26 8月 2019
Acquisition will extend Verisk’s expertise in commodities intelligence as part of its Wood Mackenzie business
News Release
China’s steel demand growth to slow as property policy tightens
- 12 9月 2019
Chinese president Xi Jinping’s mantra that “houses should be for living in, not for speculation” has been used to allude to the government’s policy to curb rising property prices for the past couple of years. Despite the cooling measures, steel demand in the property sector has shown resilience.
News Release
US wind to peak in 2020 with 14.6 GW as Production Tax Credit expires
- 12 9月 2019
Highlights from Wood Mackenzie's 2019 North America wind power outlook
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.
News Release
Carbon pricing plans ‘could transform upstream oil and gas economics’
- 31 3月 2021
At present, few countries require producers to either pay a carbon tax or participate in an emissions trading scheme (ETS). But as governments seek to meet decarbonisation targets, that could soon change. Carbon charges are likely to come, and they will transform the upstream sector, affecting both asset values and the industry’s economics.
News Release
Renewable auctions no silver bullet for decarbonisation in Europe
- 24 3月 2021
Up to the mid-2020s, approximately 70% of wind and solar development activity will be supported by auctions. However, data from across Europe highlights that market-level dynamics are shaping the approach of would-be developers. As such, auctions alone will not be enough to deliver much-needed capacity, according to Wood Mackenzie.
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.
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
Advanced lithium-ion technologies on track for record annual investment
- 01 11月 2019
More than $350 million was invested in advanced lithium-ion technologies during the first half of 2019.
News Release
China’s pipeline reform: expect higher gas prices in the short-term
- 09 10月 2019
New research from Wood Mackenzie indicates that the creation of a national pipeline company in China is a step in the right direction but will result in higher end-user prices in the short-term as the country tries to balance institutional reform with implementation risks.
News Release
Top three western wind turbine OEMs to control 60% of market by 2028
- 11 11月 2019
After a decade of fragmentation, the top five global turbine OEMs are strengthening their hold on the industry. By 2028, they are expected to control three quarters of the sector.
News Release
Packaging industry’s sustainability drive good news for BOPP film
- 23 10月 2019
The global Biaxially Oriented Polypropylene (BOPP) film market has seen demand grow by just under 5% per annum over the last five years. The main driver of growth has been the demand for flexible packaging, particularly in China and South East Asia, according to Wood Mackenzie’s latest ‘BOPP Film Global Supply Demand Report’.
News Release
Renewables growth may close green hydrogen cost gap by 2030
- 22 10月 2019
Green hydrogen production can compete with fossil fuel-based hydrogen by 2030 in Australia, Germany and Japan, should renewable power prices reach US$30 per megawatt hour (MWh), new research from global natural resources consultancy Wood Mackenzie indicates.
News Release
Flexible power grid crucial to meeting energy transition goals in 2020s
- 18 3月 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
2020s to be decade of emerging solar PV markets
- 25 2月 2020
The next decade is set to deliver more of the same for solar PV, according to Wood Mackenzie.
News Release
Energy storage to accelerate global energy transition in 2020s
- 24 2月 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
Off-grid energy key to power growth in emerging markets
- 11 3月 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
OPEC agrees 1.5m b/d output cut as coronavirus eats into global demand
- 05 3月 2020
The OPEC oil producers' group and its non-OPEC allies are poised to deepen its production cuts by 1.5 million barrels per day as the coronavirus (Covid-19) outbreak eats into global oil demand.
News Release
Flexible packaging demand in Asia hit by sluggish regional economy
- 25 2月 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
Record amount of wind turbine capacity ordered globally in 2019
- 05 3月 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
Four signposts for the chemicals industry under a Biden administration
- 16 11月 2020
The Democrats are expected to retain control of the US House of Representatives, but the Senate will be determined by upcoming run-offs in the state of Georgia. While the chemicals sector is expected to see few direct impacts, there are several themes that should be watched closely.
News Release
Chemical recycling boost could see global plastic packaging recycling hit 50% by 2040
- 18 11月 2020
If the plastics value chain is to become more sustainable, the industry must focus on reducing the amount of mismanaged waste and recapturing as much of its value as possible. To do this, more investment must be allocated to chemical recycling technologies, according to Wood Mackenzie.
News Release
The UK's 10-point climate action plan - what does it mean for energy?
- 18 11月 2020
Prime Minister Boris Johnson has announced the UK's new 10-point climate action plan.
News Release
Global solar PV installations to hit 115 GWdc in 2020
- 27 10月 2020
As global solar PV markets continue to weather the challenges posed by the coronavirus pandemic, solar PV installations are expected to hit 115 GWdc this year, according to Wood Mackenzie’s latest quarterly market outlook. This is up 5% from the total installed globally in 2019.
News Release
Consolidation to become major theme in E&P’s transition
- 17 11月 2020
Consolidation among the Independents will accelerate in the face of energy transition, says Wood Mackenzie.
News Release
Scrap metals to remain underutilised despite availability and rising demand
- 26 11月 2020
Scrap metals demand growth is expected to outpace primary metals over the next two decades. However, it will remain underutilised compared to its overall availability, says Wood Mackenzie.

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