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Without a broader global recovery there can be no quick return to pre-crisis levels for many of China’s industrial manufacturers or their demand for energy.
EV sales to benefit from governments’ commitments to “green recovery”
Will EV sales accelerate in 2023? Can the supply chain keep up? And how will the industry navigate decarbonisation targets?
How SmarTrack™ machine learning improves solar energy gains
Low-carbon technologies have the potential to transform the energy industry. They could also have a powerful effect on local economies – as the UK is on a mission to demonstrate.
This report analyses our 10-year onshore wind outlook for South America. It explores the main drivers and barriers impacting capacity additions through 2034, offering clients a deep understanding of the regional landscape. Over 60 visuals support a comprehensive examination of power sector dynamics, energy policies, renewables targets and the wind project pipeline across markets. For Brazil, bull…
The report covers key market trends and updates to the 10-year capacity outlook for the utility-scale solar market. This research will help clients understand key market factors that contribute to our utility-scale solar outlooks, overall demand drivers for solar buildout, and the current competitive landscape. New in this report, we include a low-case scenario that considers key provisions…
How will changes to onshore and offshore turbine technology impact the industry?
National oil companies are still lagging the Majors on the decarbonisation journey – but a raft of incentives mean the pace is picking up.
Three different OEMs realised double-digit GW installations in 2022, despite multiple supply chain complications
Eastern European, Middle East and African markets are at the forefront of green hydrogen development and Chinese export potential.
How Lens Hydrogen is helping utilities, developers and IPPs capitalise on the US$2 trillion hydrogen opportunity
As momentum continues to build, a raft of new policies and flexible power innovations could bring prices down.
A huge push is needed to stay on track with ambitious EU net-zero targets. But at the same time, the coronavirus pandemic has stoked fears that green ambitions may be diluted as Europe looks to weather the economic turmoil. This has made the clean energy space both exciting and volatile. So, what does that mean for project finance?
The proposed measures will increase demand for wind power across the EU – but strong barriers on the local and national level repress an accelerated wind buildout.
With hydrogen remaining in the spotlight as a key pillar in the energy transition, we look at how subsidies and price are critical to new hydrogen projects.
The electrolytic hydrogen sector is rapidly expanding, with over 85 Mtpa of projects announced and cumulative factory announcements exceeding 218 gigawatts of electrolyser capacity by the end of Q3 2023
Decisions made in Dubai could pave the way to a truly global carbon offset market.
The solar market in China could see long-term benefits from major government policy changes that move the country away from federal feed-in tariffs and embrace unsubsidised business models.
We present five drivers that will sustain demand for new wind capacity additions in the market during this time.
Rapid developments in the wind energy supply chain open opportunities new players and innovation
We spoke with Thomson Reuters on all things supply chain at their Global Base Metals Forum
Electric vehicles and energy storage are dominating the metals and mining space. The supply scramble continues and some companies such as Toyota have gone 'upstream' and bought equity in lithium mines. Will this continue?
Strong activity in China pushed global wind turbine order intake to 43 gigawatts (GW) in quarter two of 2022, a new record, and up 36% from year-ago levels. This equates to an estimated $18.1 billion, according to new analysis from Wood Mackenzie.
The U.S. added 4.6 gigawatts (GW) of new solar capacity in Q3 2022, a 17% decrease from the same quarter last year as trade barriers and ongoing supply chain constraints continue to slow America’s clean energy progress. These disruptions will cause a 23% decline in solar installations this year compared to 2021, according to the U.S. Solar Market Insight Q4 2022 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business.
By 2025, wind, solar and battery costs will fall by 15%, 25% and 50%, respectively, and renewables are expected to double in capacity to account for 67% of South Australia’s total power capacity.
Midstream companies can be energy-intense, particularly if their operations include processing infrastructure.
Across all segments of the industry, the U.S. energy storage market installed 4.8 gigawatts (GW) of capacity in 2022, nearly equal to the combined 2020 and 2021 installed capacity of 5 GW, becoming a record year for battery storage. This is according to ACP and Wood Mackenzie’s latest U.S. Energy Storage Monitor report released today.
Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Simon Crowe to its global executive leadership team as Chief Financial Officer (CFO), effective 27th March.
The global wind energy market will pass the one terawatt (TW) threshold for installed capacity by the end of 2023, according to the latest market outlook from Wood Mackenzie.
In efforts to modernize distribution grids, 25 investor-owned utilities (IOU) have filed for $36.4 billion of investment.
Oil and gas prices aren’t the only things that have fallen — renewable energy costs have, too.
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