Long-duration energy storage projects attract more than US $58 billion investment over last three years

• 07 December 2022

Long-duration storage energy (LDES) projects around the world have attracted more than US $58 billion in commitments made by governments and companies since 2019. If all these projects went forward, it would lead to the installation of 57 gigawatts (GW) of LDES – the equivalent of three times the global energy-storage capacity deployed in 2022, according to analysis from Wood Mackenzie.

The Energy Gang’s review of the year in energy

• 23 December 2024

China’s booming EV industry, AI and clean energy, questions over hydrogen, and the other big stories from 2024

US residential solar turbulence persisted through 2024

• 23 April 2025

Residential solar installed capacity contracted for the first time since 2017, with significant shifts occurring in the financing landscape

What does the Chevron-Hess deal mean for oil and gas?

• 31 October 2023

The creation of a second Mega Major hot on the heels of ExxonMobil-Pioneer has big implications for the sector

Northeast gas production: are operators running out of steam?

• 10 May 2019

After seven years of surging production growth, Northeast gas producers are starting to slow their output.

Can battery innovation accelerate the energy transition?

• 13 July 2023

Technological progress holds real promise

ExxonMobil deal a sign of strength for US oil production

• 16 October 2023

ExxonMobil’s US$64.5 billion acquisition of Pioneer Natural Resources could mean US tight oil output grows faster in the future.

The US LNG boom is back

• 07 January 2022

US LNG export plants are working flat-out to meet strong global demand for gas that has been reflected in soaring prices. With new capacity coming on stream late in 2021 and early in 2022, the US is emerging as the world’s largest LNG exporter.

Aiming high: can China’s steel industry hit its ambitious targets?

• 15 February 2021

China’s next Five-Year Plan has some tough goals for the country’s steel industry. It goes beyond solving problems like overcapacity and improving domestic raw-material security, to making its operations greener. Can it be done? And in such a short timeframe?

A tale of two cities: comparing the Houston and Corpus Christi crude hubs

• 22 March 2023

After decades with Houston at the heart of the US Gulf Coast crude value chain, shifting legislation and trade flows have brought about change.

Can carbon offsets deliver for oil and gas companies?

• 21 March 2024

A slower energy transition means higher demand for fossil fuels, heaping further pressure on oil and gas companies already battling to reduce their emissions. Carbon offsets can help.

Global oil markets: another tumultuous year lies ahead

• 10 January 2023

What are the themes and trends set to have the biggest impact on global oil demand, supply and refining in 2023?

Climate Week NYC special: What is the role that the oil and gas industry should play in the energy transition? Does it have one?

• 24 September 2024

Can the oil and gas industry really play a role in achieving net zero? Or do we need to rethink its place in the energy transition? Join the debate with Ed Crooks and guests Bjorn Otto Sverdrup and Gernot Wagner in this first Climate Week episode.

Future energy – offshore wind

• 26 June 2020

A growing list of zero carbon technologies are vying for capital as energy companies build for the energy transition. In this week's Edge, Simon Flowers looks at why offshore wind stands out from the pack.

Asset Connect

Visualise the infrastructure and its interconnectivity across the North American crude oil supply chain.

Re-thinking energy transition supply chains

• 29 February 2024

Can the rest of the world compete with China?

Gas and LNG: predictions for 2023

• 12 January 2023

The gas industry found itself at the epicentre of the energy crisis in 2022, with far-reaching implications. What twists and turns will 2023 bring to this global story?

The Biden administration tries to lead by example on EVs

• 11 February 2022

The US government wants electric vans in the USPS' new fleet, France seeks an expansion of nuclear power, and exploring the progress of fusion power.

Oil refining’s four big challenges

• 02 July 2021

Oil refining's concerns over profitability, rationalisation, decarbonisation and EVs

Canada tries to balance energy and climate goals

• 11 April 2022

The government has ambitious goals for cutting emissions. It doesn't want them to drive down oil and gas production.

Webinar | Will the UK North Sea survive the government budget on 30th October?

• 31 October 2024

Join our SVP for fiscal research Graham Kellas and Research Director Gail Anderson for a discussion on the fiscal changes, impact on UK investment, production and competitiveness, and which companies will be most affected by the UK's upcoming budget announcement.

Is net zero by 2050 at risk?

• 18 April 2024

Our new Delayed Energy Transition scenario reflects the increasing risk that the transition will be much slower than a Paris-aligned pathway.  

Power system flexibility key to Europe's net zero targets

• 18 June 2020

Why flexibility and storage are key as Great Britain (GB), Germany, France, Italy and Spain transition to a Variable Renewable Energy System made up of wind and solar power

The challenges and opportunities in Europe’s oil & gas, CCUS and hydrogen sectors

• 10 November 2023

To accelerate Europe’s energy transition, investors need to leverage opportunities to diversify the region’s energy mix.

China’s carbon neutrality bill could hit over US$5 trillion

• 08 October 2020

Wood Mackenzie’s latest analysis shows over US$5 trillion of investments would be needed for China to reach its pathway for carbon-neutrality by 2060.

Upstream: short-term spend and long-term trend

• 27 January 2022

Cost efficiency is the key. Longer-term, around US$400 billion is required annually in real terms. Resource-holding NOC's share of global spend is increasing and energy transition risks are growing.

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.

Wood Mackenzie Launches the Electric Vehicles and Battery Supply Chain Service at Mining Indaba 2023

• 06 February 2023

Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector, today launched the Electric Vehicles and Battery Supply Chain Service (EVBSC) at the Mining Indaba 2023 conference in Cape Town, South Africa. The EVBSC is a new product that provides end-to-end detailed analysis and forecasts of the electric transportation value chain including quarterly long-term outlooks to 2050 and 10-year forecasts, and monthly short-term reports and data for EV, Li-ion battery and raw materials (lithium, nickel, cobalt, graphite and manganese) markets.

Ukraine: webinar on the impact for commodities and countries

• 11 March 2022

In our rapid response webinar, our experts discussed the impact the crisis in Ukraine is having on global commodities.

Market implications of Chinese tariffs on US LNG

• 03 August 2018

Today China announced retaliatory tariffs on $60 billion worth of American imports, in response to the Trump administration's latest trade threats. The list included a 25% tariff on LNG.