Opinion

Ebook | Power and renewables: the most impactful charts of 2024

Our experts break down the most notable charts of the year so far across solar, storage, wind, hydrogen and power markets - and what they reveal about the future of the industry

1 minute read

As the global energy landscape undergoes unprecedented transformation, 2024 has been a year of both remarkable achievements and significant challenges.  

Across solar, storage, wind, hydrogen and power markets, the data tells a compelling story of technological advancements, evolving supply chains and shifting market dynamics. These trends are shaping the future of the clean energy sector, presenting both opportunities and risks for utilities, developers, IPPs and other industry stakeholders navigating the energy transition today. 

This collection of impactful charts, taken from Wood Mackenzie’s proprietary research and power and renewables offering, provides a data-driven snapshot of the forces at play. From the solar manufacturing boom and battery system shortages to the offshore wind supply chain crunch and the rise of hydrogen contracting, these visualisations unpack the most critical developments of the past year.  

Together, they highlight the dynamic interplay of policy, innovation and economics driving the clean energy transition—and underscore the need for strategic insights to capitalise on the sector's immense potential. 

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