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Corporate renewable power purchase agreements (PPA) are starting to play a bigger role in Asia Pacific’s decarbonisation efforts, says Wood Mackenzie.
Low-carbon projects and policies progress, but face energy security and price stability concerns.
Join Wood Mackenzie's Senior Analyst, Kashish Shah for a 30-minute to discuss the future of these revenue streams for grid-scale battery storage assets in Australia's electricity market.
Join us on Tuesday 1 October 2024, as our senior experts discuss how Europe’s leading renewable power developers are adapting their global investment strategies to energy transition challenges.
Join Wood Mackenzie as as our experts share their insight into the evolving dynamics of markets, the outlook for wholesale, capacity market, ancillary and fair value PPA prices in major European markets, and batteries' role in unlocking the renewable transition.
The US Energy Storage Monitor explores the breadth of the US energy storage market across the utility-scale, residential, and non-residential segments. This quarter's release includes an overview of new deployment data from Q1 2025, as well as a five-year market outlook by state out to 2029 for each segment with a base, high, and low case scenario included. The report also includes key quarterly…
Guarantees of Origin (GoOs) are important for verifying the origin of renewable electricity. They provide transparency and assurance to consumers, showing that their energy consumption supports sustainable practices. They play a useful role linking to government policy, providing a way to measure and verify renewable energy consumption against government targets. This report provides commentary on…
The United States offshore wind energy market remains poised for explosive growth, with over 23 GW of new installations expected to come online by 2029. Demand is supported by robust state level offshore wind initiatives across seven states and is further enabled by federal auctions of Offshore Wind Area (OWA) leases on the part of the Bureau of Ocean Energy Management (BOEM). The former will support over 29 GW of installations through 2035. During this webinar, Wood Mackenzie head of wind research Dan Shreve will provide an overview of: 1) The impact of the Investment Tax Credit (ITC) extension on near-term market demand 2) Near-term scheduling delays due to the Bureau of Ocean Energy Management (BOEM) Environmental Impact Statement process 3) Investment opportunities for port infrastructure improvement and deployment of Jones Act compliant installation vessels Transmission infrastructure and other power market challenges.
Join Wood Mackenzie at 1:00 PM GMT on 12th November for its webinar on whether PPAs will be the dominant form of securing revenue streams for utility-scale projects around the world.
The development of net zero hubs around the UK has proved a key plank of the country’s strategy towards achieving net zero by 2050. Scotland, which has a 2045 net-zero target, could advance its ambitions by establishing a net zero hub on the Firth of Forth, research from global natural resources consultancy Wood Mackenzie, a Verisk company (Nasdaq: VRSK) has found.
Watch the replay of our webinar with DNV.
South Korea could be more ambitious with its 9th Basic Plan’s 2030 renewables capacity target, according to research by Wood Mackenzie.
Wood Mackenzie’s latest report shows that the global offshore wind operations and maintenance (O&M) market is expected to grow 16% annually to reach US$12 billion (€10 billion) by 2029.
As Biden’s inauguration approaches, Wood Mackenzie experts share how his administration could impact trade, climate change goals, and changes to the energy sector in Asia Pacific.
With hopes of vaccines setting a better course for 2021, this year will see policymakers and market participants focus on initial but substantive steps towards net-zero objectives.
Prime Minister Boris Johnson has announced the UK's new 10-point climate action plan.
Electric vehicle (EV) sales are expected to reach 45 million units per year by 2040, with a total global EV stock of 323 million, according to new research from Wood Mackenzie.
546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie.
Total Solar International has begun construction of Miyagi Osato Solar Park, a large-scale solar plant in Japan.
Highlights from Wood Mackenzie's 2019 North America wind power outlook
Over 650 GW of new onshore and 130 GW of new offshore wind capacity will be installed between 2018 and 2028. This will consume in excess of 5.5Mt of copper, according to a recent analysis by Wood Mackenzie.
The US microgrid industry may find opportunities for substantial future growth in geographical areas that are repeatedly affected by power outages, as customers seek out resilient solutions, new research from Wood Mackenzie found.
The transition to a 100% renewable US power grid will need investment of up to US$4.5 trillion over the next 10 to 20 years, new analysis from Wood Mackenzie found.
According to research by natural resources consultancy Wood Mackenzie, Malaysia offers some of the most material and attractive upstream investment opportunities in Southeast Asia, primarily due to the need for additional gas supply.
No other power-generation technology matched solar’s pace of cost reduction this past decade. The game will change again in the 2020s.
A new report on green hydrogen from Wood Mackenzie shows promise for the emerging technology.
Lithium-ion is a stalwart in rechargeable battery technology. Global EV sales are expected to grow nearly 40 times by 2040 to about 300 million vehicles.
APAC Energy Buzz is a monthly blog by our Asia Pacific Vice Chair, Gavin Thompson. In his blog, Gavin shares the sights and sounds of what’s trending in the region and what’s weighing on business leaders’ minds.
2018 was a record-breaking year for energy storage. The market looks set to flourish as the energy transition accelerates. Find out what's behind the boom and which countries are leading the change.
What's new in store? Get the highlights from some of our most popular insights across the entire natural resources value chain. This week, the long-term outlook for Europe power markets, the Chevron acquisition of Anadarko and more.
2018 was the biggest year on record for corporate procurement of renewables in the US. With corporate and industrial (C&I) procurement now a major driver of both wind and solar in the US market, we highlight key trends to watch.
The Antelope Valley Transit Authority in Southern California plans to be the first public transit agency in the United States to operate a 100 percent battery-electric bus fleet.
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