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Petrobras’ handling of the crisis it faced as Brazilian gas demand slumped earlier this month offers valuable lessons to integrated players, Mauro Chavez, head of Latin America Gas & LNG at global natural resources consultancy Wood Mackenzie, says.
South Korea’s draft 11th Basic Plan—the road less travelled: a different path to energy transition
Wood Mackenzie has trimmed its forecast for US behind-the-meter (BTM) energy storage in 2020 by 31% as a result of the coronavirus crisis.
Over the next decade, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility and power markets, according to Wood Mackenzie.
This report presents our May 2025 long-term outlook for the Greek power market. The market report and dataset provide projections out to 2060, commenting on market trends and the changing dynamics of price formation. This outlook incorporates Wood Mackenzie’s Q1 2025 power technology outlooks and latest (May 2025, Strategic Planning Outlook) commodity price forecasts. The report includes capacity…
This report presents our May 2025 long-term outlook for the Polish power market. The market report and dataset provide projections out to 2060, commenting on market trends and the changing dynamics of price formation. This outlook incorporates Wood Mackenzie’s Q1 2025 power technology outlooks and latest (May 2025, Strategic Planning Outlook) commodity price forecasts. The report includes capacity…
Wood Mackenzie expects 1.5% of all passenger vehicles in the United Kingdom to have a plug by the end of 2020, ramping up to 43% by 2040.
Installers have already shared anecdotes about growing residential storage volumes in California, and Wood Mackenzie expects a large uptick early next year as marketing efforts for solar-plus-storage started earlier this year bear fruit.
More than $350 million was invested in advanced lithium-ion technologies during the first half of 2019.
Join our solar supply chain experts on 29 May in a live session as they share valuable insights on supply, demand and pricing in the evolving solar landscape. Can the solar industry weather the storm of U.S. and potential European tariffs? Is the Middle East poised to become the next major hub for solar manufacturing? How will pricing dynamics evolve? Can the industry sustain further losses?
Developers in the US purchased sufficient equipment to qualify 6.6GW of new wind power capacity in 2018 for 60% production tax credits (PTC) under the Internal Revenue Service’s (IRS) safe harbor provision law, according to recent analysis carried out by Wood Mackenzie Power & Renewables. Accordi...
More than 680GW of new wind power capacity will come online globally over the 10-year outlook, according to new research by Wood Mackenzie Power & Renewables. Wood Mackenzie recently upgraded its Global Wind Power Market Outlook Update: Q4 2018 by 2% compared to the outlook published in the third...
What falling gas and LNG prices mean for solar, wind and energy storage markets around the world in the short and long term.
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.
Annual matching requirements for new IRA tax credits could kick-start economically competitive green hydrogen production.
The EU took unprecedented steps to reduce energy prices and alleviate security of supply pressures this winter. The results send significant messages about the future of Europe’s power markets.
In 2023, Europe's power market stabilized with a milder winter and successful demand reduction measures, while geopolitical events and gas supply restructuring influenced dynamics. Decreased power demand, a drop in commodity prices, and increased renewables contributed to a more resilient market, though challenges persisted with low and negative power prices during abnormal weather periods.
In 2024, tangible opportunities, record-level tenders and strategic shifts in the supply chain set the stage for a rebound from the challenges faced in the previous year
European power and renewables markets enter 2024 with relative stability compared to last year, although challenges arise in transitioning to emissions-free renewables.
Key takeaways from the 2040 Climate Target, Net Zero Industry Act and Industrial Carbon Management Strategy
A discussion with Origami Solar and Wood Mackenzie
2023 was a year of fragmentation for the residential solar financing market
Accreditation approaches are evolving rapidly across regions to address challenges including increased deployment of renewables and extreme weather events
In 2023, China achieved record solar export volume growth across all subcomponents, driving manufacturing expansion in emerging markets
A look at the key themes from the conference, including sustainable aviation fuels, investment economics, and routes to carbon reduction
Public chargers are gaining market share, but with Tesla pulling the plug, the impact has sent shockwaves throughout the industry.
Energy access is still a dream for many, including families in Puerto Rico still struggling with an unstable power grid in the aftermath of Hurricane Maria.
With the cost of green hydrogen set to plummet, demand will soar – but policy support and investment of at least US$600 billion is required.
Ambitious European net zero targets, cutting dependency on Russian fossil fuel, regulatory change and growing investor confidence will unlock 42 GW of vital energy storage capacity.
China will account for almost half of new wind capacity over the next decade – but wind remains a global growth story, with the US and Germany leading the rest of the pack
The US renewable energy M&A boom accelerates with 11% of capacity changing hands in one year, but up to 93% of early-stage projects fail to reach operation, demanding new valuation frameworks to separate viable deals from inflated claims.
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