• 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

  EQT acquisition of Equitrans increases natural gas company’s dominant footprint in the Northeast, says Wood Mackenzie

  • 13 3月 2024

  Addressing EQT Corporation’s (EQT) acquisition of Equitrans Midstream Corporation (ETRN), which it previously owned and spun off in 2018, Eunji Oh, senior research analyst for Wood Mackenzie said, “The Northeast region has increasingly faced difficulties building new infrastructure projects and this transaction would give EQT ownership of midstream assets that should increase in value over time if the basin remains constrained.”

• News Release

  Global nuclear SMR project pipeline expands to 22 GW, increasing more than 65% since 2021

  • 07 3月 2024

  The small nuclear reactor (SMR) project pipeline reached 22 GW in the first quarter of 2024, an expansion of 65% since 2021, according to a recent report by Wood Mackenzie. The current total project pipeline would require an investment of close to US$176 billion.

• News Release

  Upstream scope 1 & 2 emissions intensity down 12% since 2017, but more work is needed on absolute emissions

  • 06 3月 2024

  Scope 1 and 2 upstream emissions intensity has declined 12% since 2017, however, absolute emissions could plateau due to production growth, according to a new report from Wood Mackenzie.

• News Release

  Solar installations skyrocket in 2023 in record-setting first full year of Inflation Reduction Act

  • 06 3月 2024

  The U.S. solar industry added a record-shattering 32.4 gigawatts (GW) of new electric generating capacity in 2023, a 37% increase from the previous record set in 2021 and a 51% increase from 2022.

• News Release

  Wood Mackenzie appoints new Chief Financial Officer

  • 06 1月 2025

  Wood Mackenzie, Inc., the leading global data and analytics business empowering the energy transition, has appointed Garet Guthrie as Chief Financial Officer (CFO), effective January 6, 2025. Mr. Guthrie succeeds Simon Crowe, who is stepping down to pursue other opportunities. Mr. Crowe will work with Mr. Guthrie to transition over responsibilities over the next few weeks

• News Release

  CO2 utilisation potential as key global decarbonization tool limited by current economics

  • 26 8月 2024

  Carbon Capture Utilisation and Storage (CCUS) is a crucial element in global decarbonisation, but current economics limit CO2 utilisation deployment as high costs and insufficient subsidies hinder the market, according to a recent report from Wood Mackenzie.

• News Release

  Brazil power market to install 115 GW of new capacity by 2034

  • 14 8月 2024

  The Brazilian power market is expected to install 115 gigawatts (GW) of new capacity by 2034, primarily driven by the rise of free market demand. Wind and solar energy will spearhead growth, with 61 GW of utility and distributed solar and 24 GW of onshore wind projects due to be added in the next 10 years.

• News Release

  US community solar market to break 14 GWdc of cumulative capacity by 2029

  • 08 8月 2024

  7.3 gigawatts direct current (GWdc) of total new community solar installations are expected to come online in existing state markets by 2029 in the US, according to the latest report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA). Cumulative national community solar installations will break 14 GWdc by 2029.

• News Release

  LFG-to-RNG production to more than double by 2030, but project success depends on location and scale

  • 12 8月 2024

  Landfill gas remains the most popular feedstock option for renewable gas production (LFG-to-RNG), but project pre-tax breakeven prices can range, with success relying heavily on location and scale, according to a new report from Wood Mackenzie.

• News Release

  20K technology to unlock more than 2 billion barrels of oil equivalent in resources in the US Gulf of Mexico

  • 12 8月 2024

  Chevron announced first oil at the Anchor field in the US Gulf of Mexico deepwater, unlocking the potential for a considerable amount of new production.

• News Release

  Tesla takes Sungrow’s crown as lead global producer of battery energy storage systems in 2023

  • 08 8月 2024

  Telsa has overtaken Sungrow as lead producer in the battery energy storage system (BESS) integrator market with a 15% market share in 2023.

• News Release

  Global PV inverter shipments grew by 56% in 2023 to 536 GWac

  • 06 8月 2024

  Global PV inverter shipments grew by 56% to 536 gigawatts alternating current (GWac) in 2023, reflecting a strong year for the broader solar industry. The top 10 global PV inverter vendors accounted for 81% of the market.

• News Release

  Lower 48 well costs expected to decline 10% in 2024

  • 29 7月 2024

  After peaking in 2023, Lower 48 well costs are expected to decline 10% in 2024 and 1% in 2025, according to a recent report from Wood Mackenzie.

• News Release

  Increasing subsidies for anthropogenic carbon capture destined for CCS-EOR to levels for CCS-Storage would lower global emissions

  • 26 7月 2024

  Captured CO2 for enhanced oil recovery (CCS-EOR) has fallen out of favor in recent years and been supplanted by captured CO2 to dedicated sequestration (CCS-Storage), however, a new analysis shows that CCS-EOR will often deliver lower emissions and better support the energy transition, according to a series of reports from Wood Mackenzie.

• News Release

  National Oil Company international M&A spend hits 20-year low

  • 17 7月 2024

  While the mergers and acquisitions market has been recently supercharged by international oil companies (IOCs), national oil companies (NOCs) have sat on the sidelines, with international spending down significantly from highs a decade ago, according to recent analysis from Wood Mackenzie.

• News Release

  Global PV tracker shipments grew by 28% in 2023 to 92 GWdc

  • 25 7月 2024

  Global PV tracker shipments grew by 28% in 2023 to 92 gigawatts direct current (GWdc), reflecting a strong year for utility-scale solar in most regions across the world.

• News Release

  Solar and wind uptake to reach 5.4 TWac from 2024 to 2033

  • 08 7月 2024

  From 2024 to 2033, developers will bring more than 5.4 terawatts (TWac) of new solar and wind capacity online, increasing the cumulative global total to 8 TWac, as the world endeavours to electrify economies and meet decarbonisation targets.

• News Release

  South America to see onshore wind capacity double in the next 10 years

  • 09 7月 2024

  South America’s cumulative onshore wind capacity will double to 79 GW in the next 10 years as developers install 40 GW of new capacity by 2033.

• News Release

  Global CCUS investment requires US$ 196B through 2034, according to Wood Mackenzie

  • 26 6月 2024

  By 2034, global carbon capture capacity will reach 440 Mtpa and storage capacity will reach 664 Mtpa, requiring US$ 196 billion in total investment, according to a recent report from Wood Mackenzie.

• News Release

  Eni named most-admired upstream explorer in Wood Mackenzie’s16th annual Exploration Survey

  • 29 5月 2024

  Italian major Eni has been named the upstream industry’s most-admired explorer in Wood Mackenzie’s industry-leading annual Exploration Survey.

• News Release

  Wood Mackenzie appoints Xizhou Zhou as new head of Power and Renewables Business

  • 04 6月 2024

  Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Xizhou Zhou EVP and Head of Power and Renewables, effective 3 June.

• News Release

  Noble grabs first mover advantage as offshore rig market consolidation begins, says Wood Mackenzie

  • 12 6月 2024

  Addressing Noble Corp’s acquisition of Diamond Offshore in a US$600 million stock plus cash transaction, Leslie Cook, principal analyst of upstream supply chain for Wood Mackenzie said, “We have been predicting offshore rig market consolidation for some time and with little appetite from owners to add new rigs as rig demand is flattening out, we believed growth would be inorganic. It therefore comes as little surprise that the first major deal in the upstream service sector has been announced. Noble has grabbed first mover advantage, and solidified is status in the top two offshore rig contractors.”

• News Release

  Chinese companies dominate Wood Mackenzie’s solar PV module manufacturer rankings

  • 11 6月 2024

  Nine out of the top 12 manufacturers in Wood Mackenzie’s new global solar PV module manufacturer rankings are Chinese companies.

• News Release

  Increased private investment needed in Mexico to meet expanding demand for energy

  • 23 5月 2024

  With a presidential election looming, Mexico is facing several energy challenges, including declining oil and gas production, a need to increase exploration activity, a high dependence on gasoline imports, a constrained power supply and public pressure to transition to renewable energy. All this is occurring as domestic demand continues to grow through the decade, according to a report from Wood Mackenzie.

• News Release

  Approved Enauta and 3R Petroleum merger creates operation that could surpass 100,000 boe/d production

  • 21 5月 2024

  Addressing the approved merger of 3R Petroleum and Enauta, Amanda Bandeira, Upstream Research Analyst, said “The combination of businesses between Enauta and 3R Petroleum creates a new operation that could surpass the 100,000 boe/d production mark, competing head-to-head against Prio, currently the larger Brazilian independent operator in the country.

• News Release

  PETRONAS discovery in Suriname approaches 400 million barrels

  • 17 5月 2024

  Addressing the recent deepwater discovery by PETRONAS in Suriname, Mark Oberstoetter, Head of Americas (non-L48) Upstream, said “We understand Roystonea and Fusaea's recoverable resources are approaching 400 million barrels. This could be enough to support an FPSO with an oil processing capacity of up to 100,000 b/d FPSO development.”

• News Release

  Jason Liu Appointed Chief Executive Officer of Wood Mackenzie

  • 07 5月 2024

  Wood Mackenzie today announced that Jason Liu has been appointed Chief Executive Officer.

• News Release

  China leads global wind turbine manufacturers’ market share in 2023

  • 01 5月 2024

  China accounted for 65% of global wind capacity in 2023, which pushed four Chinese wind turbine original equipment manufacturers (OEM) into the top five global rankings, a first for the sector. With a record of 16.3 gigawatts (GW) capacity installed, Goldwind maintained the leading position for the second consecutive year.

• News Release

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

  • 06 2月 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.