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The Asia energy market outlook for 2020

06 January 2020

A new year, a new decade and a lot of uncertainty across Asia’s energy markets. To kick off 2020 I spoke to several WoodMac analysts in the region to hear their predictions for the coming 12 months. I hope their thinking might surprise you!

Opinion

Western wind turbine manufacturers are prioritising profit over volume, opening the door for Chinese market share growth

13 September 2023

Despite short-term challenges, all leading wind turbine manufacturers will double their annual installed capacity over the next decade, driven by soaring wind demand

Opinion

RE+ 2024: Our 7 biggest takeaways

04 October 2024

Insights on domestic manufacturing, distributed solar and large loads from one of North America’s largest clean energy events

Opinion

Uncertainty dominates the 2025 US power outlook

11 February 2025

President Trump's energy dominance, looming trade wars and an AI boom reshape this year's US power outlook

Opinion

The competitive edge of China's electrolysers

05 September 2024

In a new report, we look at China’s electrolyser market and explore its potential to redefine hydrogen production by driving down costs

Opinion

Can biomethane decarbonise Europe’s gas market?

23 September 2020

Europe is the leading global producer of the net-zero carbon renewable gas, but continued growth depends on policy support

Opinion

What technology is winning the global energy storage race?

26 November 2019

What is winning the global energy storage race? Lithium-ion is the clear winner, but it has one major drawback. Rory McCarthy, senior analyst, energy storage, looks at lithium-ion's role in the energy transition.

Opinion

Electric vehicles: is workplace charging good for business?

07 November 2019

The electric vehicle (EV) revolution depends on getting the right infrastructure, in the right locations. Here’s how providing workplace charging could bring direct and indirect economic benefits to businesses, and support the energy transition.

Opinion

Chasing the sun: Spain’s solar PV boom

05 November 2019

What investors need to know about Europe's hottest solar PV market: Spain.

Opinion

Why women will shape the future of natural resources

25 September 2019

Wood Mackenzie CEO Neal Anderson shares his views on the importance of gender diversity in the natural resources sector

Opinion

Copper: Powering up the electric vehicle

13 August 2019

We explore why copper is inseparable from the electric vehicle story and why we need more infrastructure investment as a catalyst for greater EV adoption.

Opinion

Would a hard Brexit mean hard times for the UK offshore wind industry?

05 March 2019

How likely is a no-deal Brexit and what would it mean for the UK offshore wind power industry? Get the latest analysis from our offshore wind team.

Opinion

Energy view to 2035 in five charts

15 June 2017

We've distilled our outlook into five charts that examine global supply by fuel, demand by country and emerging markets in Asia Pacific.

Opinion

What’s behind the energy storage boom?

06 April 2020

We answer frequently asked questions about the fast-growing energy storage market

Opinion

5 factors that will determine the economic impact of coronavirus

12 March 2020

Principal Economist Peter Martin’s 2000-word report “Global spread of Covid-19 derailing the world economy” examines the impact of coronavirus on the world economy. Get the highlights of Peter’s research here or purchase the full report for a more in-depth discussion.

Opinion

How the coronavirus crisis is driving a global wind market downgrade

24 March 2020

The coronavirus crisis will cause global wind additions in 2020 to decline by 4.9GW when compared to Wood Mackenzie’s previous projections. Due to other market changes since Wood Mackenzie’s Q4 2019 update, total forecast wind additions for 2020 is now expected to be 73GW.

Opinion

Beyond inexpensive supply in North American power markets

31 March 2020

The margin of error for meeting project returns has narrowed substantially in recent years. Competition for offtake contracts in wind and solar that secure the bottom for investors has become intense. This means that developers are increasingly taking more power delivery risks in the near-term to win contracts, while backloading their own returns into the distant future. 

Opinion

Is China embarking on a major expansion of coal-fired power generation?

31 March 2020

As energy companies worldwide grapple with the economic impact of the coronavirus pandemic, long-term planning continues. Ahead of the release of the 14th five-year plan early next year, recent announcements from several key players in the country’s power sector indicate China is considering a major investment spree in coal-fired generation.

Opinion

Coronavirus: tracking the impact on European gas, power and chemicals

22 April 2020

The coronavirus outbreak is having a seismic effect. How is it affecting gas, power and chemicals markets?

Opinion

Is green hydrogen metallurgical coal’s kryptonite?

11 May 2020

With all carbon-intensive industries firmly in the crosshairs of international emission reduction targets, the steel industry has no choice but to investigate low or zero-carbon emission technologies. Enter green steel and green hydrogen – will this duo be the end for metallurgical coal and carbon-based steel production?

Opinion

The outlook for renewable generation across Asia Pacific remains bright

19 May 2020

Pre-pandemic, APAC would account for 67% of global power demand growth through to 2040. Such growth would require over US$1 trillion in new investment. Will the coronavirus pandemic derail this?

Opinion

Making sense of the TCFD recommendations

20 May 2020

The Task Force on Climate-related Financial Disclosures released recommendations years ago but getting to grips with the finer details remains a challenge for companies.

Opinion

Why US solar tariffs (almost) worked – and why they don’t now

20 July 2020

Despite early success, Section 201 solar tariffs on imported cells and modules could now limit market growth.

Opinion

The art of never letting a crisis go to waste

15 July 2020

I asked our experts what they believe governments and companies should be doing to ensure that they emerge stronger from the crisis.

Opinion

Natural gas: friend or foe in Europe’s 2030 emissions target?

24 July 2020

Green hydrogen has grabbed the limelight in the drive to decarbonise. But is there a role for natural gas in a post-coronavirus Europe?

Opinion

Why the majors, electric utilities, and private equity firms all want to own US microgrids

03 September 2020

The US microgrid market is growing, with a record 546 small power grids installed during 2019. Projects below 5MW are increasingly attractive to a wide range of investors.

Opinion

Could coal and renewables put the squeeze on gas?

16 September 2020

Current low gas prices are supporting demand growth in the sector and encouraging pro-gas policies and infrastructure developments

Opinion

Time for Asia’s Sputnik moment on decarbonisation

22 September 2020

Halting the pandemic and rebuilding economies are the most urgent goals for the immediate future. Wood Mackenzie estimates that almost US$20 trillion – equivalent to a quarter of global GDP – will go towards stimulus packages, public health spending and delivering a vaccine over the next 12-18 months alone.

Opinion

The trillion-dollar question: how will Asia Pacific meet power supply needs in the next decade?

28 September 2020

The Asia Pacific power generation market will attract US$1.5 trillion of investment in the next 10 years. So what are the opportunities in the world’s fastest-growing power market?

Opinion

Radical reform and China’s pathway to carbon neutrality

30 September 2020

Despite being both the world’s largest energy market and largest carbon emitter, China’s position has long been that responsibility to reduce global emissions rests with rich countries: you broke it, you fix it.

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Search results: 1084

The Asia energy market outlook for 2020

Western wind turbine manufacturers are prioritising profit over volume, opening the door for Chinese market share growth

RE+ 2024: Our 7 biggest takeaways

Uncertainty dominates the 2025 US power outlook

The competitive edge of China's electrolysers

Can biomethane decarbonise Europe’s gas market?

What technology is winning the global energy storage race?

Electric vehicles: is workplace charging good for business?

Chasing the sun: Spain’s solar PV boom

Why women will shape the future of natural resources

Copper: Powering up the electric vehicle

Would a hard Brexit mean hard times for the UK offshore wind industry?

Energy view to 2035 in five charts

What’s behind the energy storage boom?

5 factors that will determine the economic impact of coronavirus

How the coronavirus crisis is driving a global wind market downgrade

Beyond inexpensive supply in North American power markets

Is China embarking on a major expansion of coal-fired power generation?

Coronavirus: tracking the impact on European gas, power and chemicals

Is green hydrogen metallurgical coal’s kryptonite?

The outlook for renewable generation across Asia Pacific remains bright

Making sense of the TCFD recommendations

Why US solar tariffs (almost) worked – and why they don’t now

The art of never letting a crisis go to waste

Natural gas: friend or foe in Europe’s 2030 emissions target?

Why the majors, electric utilities, and private equity firms all want to own US microgrids

Could coal and renewables put the squeeze on gas?

Time for Asia’s Sputnik moment on decarbonisation

The trillion-dollar question: how will Asia Pacific meet power supply needs in the next decade?

Radical reform and China’s pathway to carbon neutrality

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