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World heading for a 3-degree C warming trajectory, as political headwinds slow the energy transition

02 5月 2024

A five-year delay to the energy transition could see the global average temperature rise to 3-degree Celsius above pre-industrial levels.

News Release

Renewables and nascent low-carbon technologies most exposed to high interest rates

18 4月 2024

If high interest rates persist, transitioning to a net zero global economy will be even harder and more costly. The higher cost of borrowing negatively affects renewables and nascent technologies, compared to more established oil and gas, and metals and mining sectors, which remain somewhat insulated.

News Release

Asia Pacific could become a global leader in the energy transition

21 2月 2024

Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.

News Release

COP28: Middle East could play a key role in decarbonising global economy

23 11月 2023

Large oil and gas reserves in the Middle East have resulted in especially low domestic energy prices and provide little incentive to transition to low carbon alternatives, according to Wood Mackenzie’s Middle East Energy Transition Outlook report.

News Release

APAC to invest US$3.3 trillion in power generation over next decade

04 10月 2023

The Asia Pacific region is forecast to invest US$3.3 trillion in power generation over the next 10 years, with 49% earmarked for wind and solar, and 12% for energy storage, according to latest Wood Mackenzie analysis.

News Release

India needs radical transformation to reach net zero emissions by 2070

27 7月 2023

How can India attain its net zero emissions goal by 2070, in line with global pledges to reach net zero emissions by mid-century? Wood Mackenzie analyses the scenario in its latest report ‘India energy transition pathways 2070’, concluding that the country must radically transform its energy landscape and prioritise renewable energy, electrification, hydrogen adoption, and carbon removal strategies.

News Release

US$500 billion (2023 terms) investment in global oil and gas asset development enough to meet peak demand in 2030s

20 7月 2023

Despite concerns about underinvestment in upstream, peak oil and gas demand can be met in the 2030s without a substantial increase to current annual asset development investment levels of US$500 billion in 2023 terms, according to a new Horizons report from Wood Mackenzie.

News Release

Should gas resource holders target LNG exports or blue ammonia?

15 6月 2023

The acceleration of the energy transition means gas resource holders increasingly face a choice: follow the established pathway and develop new LNG export facilities or pivot into developing blue ammonia.

News Release

Australian operators need to collaborate to create super basins

16 5月 2023

Australia’s oil and gas industry needs to urgently fast-track the creation of energy “super basins” to provide a pathway to greater sustainability and cut emissions, according to Anne Forbes, Upstream Research Analyst at Wood Mackenzie.

News Release

Oil and mining companies must adapt new strategies to deliver low-carbon transition

20 4月 2023

As companies in the energy and natural resource sector struggle to find the balance between satisfying shareholder returns and meeting stakeholder low-carbon demands, new strategies are emerging that could be the catalyst to drive capital allocation decisions toward growth and closing valuation gaps, according to “Fuelling Change” a new Horizons report from Wood Mackenzie.

News Release

Wood Mackenzie appoints new Chief Financial Officer

27 3月 2023

Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Simon Crowe to its global executive leadership team as Chief Financial Officer (CFO), effective 27th March.

News Release

A supercharged China could turn up the heat on global commodities

23 3月 2023

The Chinese economy is expected to grow by 5.5% but could grow by as much as 7% in 2023 as the country bounces back from three years of lock-down caused by the Covid pandemic according to a new report by Wood Mackenzie.

News Release

Global hydrogen pipeline plummets in Q4, with only 1Mtpa of new projects announced

23 2月 2023

The total global announced capacity for hydrogen projects reached 71.4 million tonnes per annum (Mtpa), but 2022 falls short of becoming a record year according to latest analysis from Wood Mackenzie.

News Release

Veritas Capital completes acquisition of Wood Mackenzie

02 2月 2023

Veritas Capital (“Veritas”), a leading investor at the intersection of technology and government, today announced that an affiliate of Veritas has completed the purchase of Wood Mackenzie from Verisk (Nasdaq: VRSK).

News Release

European gas storage plans for 2023 still stand despite cold snap

14 12月 2022

Colder temperatures across Europe have increased month-on-month heating demand by 20% in December, but behavioural change in households and services means the amount of gas used in these sectors is 16% lower than previous average consumption patterns for similar temperatures says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

News Release

A better future for energy emerging from crisis

07 12月 2022

Wood Mackenzie report offers five key developments for the energy sector over the next 12 months

News Release

OPEC+ prepares for market uncertainty with continued 2 million b/d production cut

06 12月 2022

Speaking after today’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said “The decision by OPEP+ to continue with its recently agreed 2 million barrels per day (b/d) production cut through the end of 2023 is not a surprise, given the uncertainty in the market over the impact of the 5 December EU Russia crude oil import ban and the G7 price cap. In addition, the producers group faces downside risk from the potential for weakening global economic growth and China’s zero Covid policy.”

News Release

Power facilities to potentially use 100 Mt of low-carbon ammonia as feedstock by 2050

17 11月 2022

As one of the most-used petrochemicals in the world, ammonia offers a bevy of decarbonization and energy market opportunities, including the potential to provide 100 million tonnes (Mt) into the power sector by 2050 in a high-case scenario. However, without strong policy support, low-carbon ammonia may remain an untapped market, according to “Avoiding Pand-Ammonia” a new report from Wood Mackenzie.

News Release

Wood Mackenzie launches Lens Gas & LNG

15 11月 2022

Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector, has launched Lens Gas & LNG, a new data analytics solution that offers a uniquely integrated view that connects markets and assets on a global scale.

News Release

Few oil and gas companies commit to Scope 3 net zero emissions as significant challenges remain

28 10月 2022

Scope 3 emissions account for 80-to-95% of total carbon emissions from oil and gas companies. But only a small number of these firms have set Scope 3 net zero ambitions, according to a recent report from Wood Mackenzie.

News Release

CCUS planned capacity nearing 1 billion tonnes per annum

26 8月 2022

US Inflation Reduction Act bill set to boost CCUS uptake but more is needed to meet net zero goals by 2050

News Release

Waste-based biofuels could be the key to unlocking the energy transition

18 8月 2022

Waste-based biofuels could be a key driver of the energy transition transforming today’s limited supply of low carbon transportation fuels and creating a local, circular economy, according to a new report by Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

News Release

Global top 10 solar PV inverter vendors account for 82% of market share

08 7月 2022

Global top 10 solar photovoltaic (PV) inverter vendors shored up 82% of market share in 2021, increasing by 2 percentage points compared to 2020, says Wood Mackenzie.

News Release

Wood Mackenzie Power & Renewables APAC Conference 2022 open for registration

29 6月 2022

Wood Mackenzie announces the launch of the second edition of its Power & Renewables Asia Pacific (APAC) Virtual Conference on July 26 – 28.

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Major energy players raise the game in green investments in Asia

15 6月 2022

BP confirmed today that it picked up over 40% stake in the Asian Renewable Energy Hub project to produce and export green hydrogen in Australia.

News Release

Recycling alone can ease raw materials supply pressure but cannot meet demand

13 6月 2022

While recycling can relieve some pressure from the supply deficit of battery raw materials, it will not be able to meet demand, says Wood Mackenzie.

News Release

Low-carbon hydrogen demand in refining could reach 50 Mtpa by 2050

09 6月 2022

Potential low-carbon (green or blue) hydrogen demand from the global refining sector could reach 50 million tonnes per annum (Mtpa) by 2050, says Wood Mackenzie.

News Release

US commercial solar project acquisitions see dramatic price variation over 2018-2021

08 6月 2022

US commercial solar project acquisitions continue to attract investor attention as interest in ESG investing grows. Today’s buyers and sellers of commercial solar projects are contending with the opposing dynamics of higher interest rates and increasing power prices. These findings come from the Commercial Solar PV Project Acquisition Trends report released today by Wood Mackenzie, a Verisk business (Nasdaq: VRSK), and Open Energy Group (OEG), a technology-driven marketplace for renewable energy asset sales and project finance.

News Release

U.S. Solar Industry Sees Worst Quarter Since 2020

07 6月 2022

The U.S. solar industry had its lowest quarter of installations since the start of the coronavirus pandemic, according to the U.S. Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business. In Q1 2022, price increases and supply chain constraints continued to suppress the solar market as the industry installed 24% less solar capacity than Q1 2021.

News Release

UK government swoops on North Sea windfall profits

27 5月 2022

Wood Mackenzie’s research indicates that UK North Sea oil and gas producers are making more profits than ever before, in an era where the industry is in progressive decline.

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Search results: 158

World heading for a 3-degree C warming trajectory, as political headwinds slow the energy transition

Renewables and nascent low-carbon technologies most exposed to high interest rates

Asia Pacific could become a global leader in the energy transition

COP28: Middle East could play a key role in decarbonising global economy

APAC to invest US$3.3 trillion in power generation over next decade

India needs radical transformation to reach net zero emissions by 2070

US$500 billion (2023 terms) investment in global oil and gas asset development enough to meet peak demand in 2030s

Should gas resource holders target LNG exports or blue ammonia?

Australian operators need to collaborate to create super basins

Oil and mining companies must adapt new strategies to deliver low-carbon transition

Wood Mackenzie appoints new Chief Financial Officer

A supercharged China could turn up the heat on global commodities

Global hydrogen pipeline plummets in Q4, with only 1Mtpa of new projects announced

Veritas Capital completes acquisition of Wood Mackenzie

European gas storage plans for 2023 still stand despite cold snap

A better future for energy emerging from crisis

OPEC+ prepares for market uncertainty with continued 2 million b/d production cut

Power facilities to potentially use 100 Mt of low-carbon ammonia as feedstock by 2050

Wood Mackenzie launches Lens Gas & LNG

Few oil and gas companies commit to Scope 3 net zero emissions as significant challenges remain

CCUS planned capacity nearing 1 billion tonnes per annum

Waste-based biofuels could be the key to unlocking the energy transition

Global top 10 solar PV inverter vendors account for 82% of market share

Wood Mackenzie Power & Renewables APAC Conference 2022 open for registration

Major energy players raise the game in green investments in Asia

Recycling alone can ease raw materials supply pressure but cannot meet demand

Low-carbon hydrogen demand in refining could reach 50 Mtpa by 2050

US commercial solar project acquisitions see dramatic price variation over 2018-2021

U.S. Solar Industry Sees Worst Quarter Since 2020

UK government swoops on North Sea windfall profits