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News Release
Europe losing global energy storage battle as US and China race ahead
- 09 November 2020
Europe is set to lose the global energy storage race unless government auctions begin to incentivise flexible power, according to research from Wood Mackenzie.
News Release
Five consequences of a Biden administration for US energy
- 07 November 2020
Joe Biden offered American voters a radically different vision of energy policy from President Donald Trump, focused on addressing the threat of climate change. He will enter the White House with a goal of setting the US on course for net zero greenhouse gas emissions by 2050 and will take the US back into the Paris climate agreement.
News Release
LME Week 2020: $1 trillion needed for key energy transition metals by 2035
- 21 October 2020
More than $1 trillion of investment will be needed in key energy transition metals - aluminium, cobalt, copper, nickel and lithium - over the next 15 years just to meet the growing demands of decarbonisation, according to Wood Mackenzie. This is almost double the figure invested over the previous 15 years.
News Release
Global energy storage capacity to grow at CAGR of 31% to 2030
- 30 September 2020
Wood Mackenzie’s latest report shows global energy storage capacity could grow at a compound annual growth rate (CAGR) of 31%, recording 741 gigawatt-hours (GWh) of cumulative capacity by 2030.
News Release
Achieving 2-degree world remains Herculean task
- 24 September 2020
Wood Mackenzie’s annual Energy Transition Outlook, released today, says the world must combine coronavirus recovery efforts with massive investments in renewable energy and clean infrastructure if it is to limit global warming to 2 degrees or lower.
1456 related products from the Store that match
- Market Report
  Middle East and Africa levelised cost of electricity (LCOE) 2025
  - 08 October 2025
  This report presents the findings of our latest analysis on the development of the levelised cost of electricity (LCOE) across the Middle East and Africa, with projections extended to 2060. Utility-scale solar PV, onshore wind and battery storage with 2, 4 and 6-hour durations have been analysed for the following markets: Egypt, Morocco, Oman, Saudi Arabia, South Africa and the United Arab…
- Market Report
  Latin America levelised cost of electricity (LCOE) 2025
  - 08 October 2025
  This report presents the findings of our latest analysis on the development of the levelised cost of electricity (LCOE) across Latin America, with projections extended to 2060 under low, base case and high scenarios. It provides a comprehensive commentary on the competitiveness of 15 technologies, assessing their viability in each market. Our analysis encompasses five key markets: Argentina,…
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Comment
China pledges to be carbon-neutral by 2060
- 23 September 2020
On 22 September, China announced its ambition to be carbon-neutral by 2060. Wood Mackenzie experts weigh in on what this means.
News Release
Southeast Asia’s wind power needs US$14 billion new investments by 2030
- 22 September 2020
Southeast Asia’s wind power sector requires at least US$14 billion of investments by 2030, says Wood Mackenzie. This is to support the 8.9 gigawatts (GW) of new wind power capacity that Wood Mackenzie expects to be added between 2020 and 2029.
News Release
UK can lead world in net zero energy technologies – but investment is critical
- 16 September 2020
Wood Mackenzie today delivered a comprehensive roadmap for the North Sea’s future to the OGTC, setting out the critical technologies needed to deliver an integrated net zero energy system on the UK Continental Shelf (UKCS), positioning the UK as a world-leader in the move to a low carbon world.
News Release
Utilities drive Q2 growth in US as pandemic causes drop in rooftop solar installations
- 10 September 2020
The US solar market installed 3.5 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q2 2020, a drop of 6% from Q1 installations. At the same time, utility-scale solar remained resilient despite the Covid-19 pandemic, representing 71% of all new solar capacity brought online in Q2.
News Release
What could a Biden win mean for electric vehicle adoption in the US?
- 08 September 2020
The Biden campaign has previously underlined the important role electric vehicles (EV) will play in reducing greenhouse gas emissions in the US. To encourage EV adoption, the campaign has three key targets: deploying 500,000 new public EV charging outlets, restoring the full EV tax credit, and developing a new fuel economy target.
News Release
Biden loss would end hopes of US decarbonisation before 2050
- 01 September 2020
The outcome of the 2020 US presidential election will dictate the pace of decarbonisation for decades, according to new research from Wood Mackenzie.
News Release
Green hydrogen cost to halve by 2030 - a boost to South Korea’s hydrogen ambitions
- 20 August 2020
Onsite green hydrogen production cost is expected to halve by 2030, signalling a boost to South Korea’s hydrogen ambitions, says Wood Mackenzie.
News Release
Global lithium-ion cell manufacturing capacity to quadruple to 1.3 TWh by 2030
- 11 August 2020
Wood Mackenzie’s latest report shows that global lithium-ion cell manufacturing capacity pipeline could rise fourfold to reach 1.3 terawatt-hour (TWh) in 2030 compared to 2019.
News Release
US electric truck sales set to increase exponentially by 2025
- 10 August 2020
There were just over 2,000 electric trucks on US roads at the end of 2019. This stock is expected to grow to over 54,000 by 2025, according to new analysis from Wood Mackenzie.
Comment
BP underscores commitment to energy transition
- 04 August 2020
Today’s BP strategy update marked a big step forward, filling in many of the blanks, including detailed guidance to 2030. It leaves stakeholders with a much clearer idea of where BP is headed over the next decade, how it will to get there and what that means for the value proposition.
News Release
China to add 251GW of new wind capacity by 2029
- 03 August 2020
China is expected to add 251 gigawatts (GW) of new wind capacity between 2020 and 2029, says Wood Mackenzie. The country’s wind power market could reach a cumulative grid connected capacity of 461GW by the end of the decade.
Comment
Woodside takes impairment but is a US$80 carbon price the bigger news?
- 15 July 2020
Wood Mackenzie analysts delved deeper into implications of Woodside's announced US$80 carbon price.
News Release
General Motors to hit 5 million electric vehicle sales by 2030
- 14 July 2020
General Motors (GM) has set an annual target for 1 million electric vehicle (EV) sales globally by the mid-2020s. Although the company will only meet half of that target by 2026, it is expected to hit 5 million in cumulative EV sales by 2030 according to new research from Wood Mackenzie.
News Release
Over $13 billion of wind turbine capacity ordered in Q1 2020
- 08 July 2020
The first quarter of 2020 saw nearly 14 GW of wind turbine capacity ordered globally. This is the second-highest first quarter on record and equates to an estimated $13.4 billion, according to new analysis from Wood Mackenzie.
News Release
Sunrun-Vivint Solar deal represents largest consolidation in residential solar history
- 07 July 2020
Sunrun has agreed to acquire Vivint Solar in an all-stock transaction. The deal is valued at $3.2 billion including debt.
News Release
US offshore wind powers up
- 23 June 2020
The US offshore wind industry is set to power up over the coming decade. New research from Wood Mackenzie shows that as the sector ramps up from near-zero today, it could deliver as much as 25 gigawatts (GW) in 2029, capturing almost half of the US market for new wind power installations.
News Release
Annual solar repairs and maintenance spend to grow to $9 billion by 2025
- 22 June 2020
Solar power systems nearing inverter end of life currently account for 5% of the global PV market. This number will grow to 16% - or 227GWDC of solar systems - by 2025, according to new research by Wood Mackenzie.
News Release
Subsidy cuts could slash Chinese wind turbine OEMs’ margins by half
- 18 June 2020
China’s wind turbine original equipment manufacturers (OEMs) could have their gross profit margins halved due to subsidy cuts, says Wood Mackenzie.
News Release
Australia’s energy storage capacity more than doubles to 1.2 GWh in 2020
- 17 June 2020
According to new research from Wood Mackenzie, Australia is set to add 1.2 gigawatt-hour (GWh) of energy storage capacity in 2020, more than double the 499 MWh installed in 2019. This takes the country’s cumulative storage capacity at 2.7 GWh this year.
News Release
Power system flexibility key to Europe's net-zero targets
- 03 June 2020
The success of Europe’s transition to net-zero emissions by 2050 will hinge on the flexibility of its power system.
News Release
US energy storage market sees strong first quarter despite coronavirus
- 02 June 2020
The United States energy storage sector saw a strong first quarter, with residential storage setting another record while the non-residential market had its third-strongest quarter on record.
Comment
China's Two Sessions reiterates commitment to pollution control
- 22 May 2020
The topic of environmental protection continues to feature heavily in the Two Sessions today. Wood Mackenzie experts share some initial thoughts.
News Release
Vestas breaks annual wind turbine installation record
- 11 May 2020
Vestas became the first wind turbine manufacturer to install more than 10 GW of wind capacity in a single year (2019), according to new analysis from Wood Mackenzie.
News Release
150 GW of renewables projects in Asia Pacific at risk in a coronavirus-led recession
- 22 April 2020
Wood Mackenzie’s latest research shows that up to 150 gigawatts (GW) of wind and solar projects across the Asia Pacific could be delayed or cancelled over the next five years (2020 – 2024), if the coronavirus-led recession extends beyond 2020.
News Release
Coronavirus restrictions set to hit US utility-scale solar projects
- 01 April 2020
The coronavirus pandemic is likely to have a material impact on utility-scale solar installations in the US this year, and perhaps even into 2021. In its Coronavirus: US Solar PV Supply Chain and Utility-Scale Market Risk report, Wood Mackenzie says that, in a best-case scenario, the market could see up to four weeks of supply delays affecting a few hundred MWs of modules and inverters. This, combined with construction disruptions, could translate into as much as 2 GWdc of project development delays in 2020.

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Search results: 2003

Europe losing global energy storage battle as US and China race ahead

Five consequences of a Biden administration for US energy

LME Week 2020: $1 trillion needed for key energy transition metals by 2035

Global energy storage capacity to grow at CAGR of 31% to 2030

Achieving 2-degree world remains Herculean task

1456 related products from the Store that match

Middle East and Africa levelised cost of electricity (LCOE) 2025

Latin America levelised cost of electricity (LCOE) 2025

China pledges to be carbon-neutral by 2060

Southeast Asia’s wind power needs US$14 billion new investments by 2030

UK can lead world in net zero energy technologies – but investment is critical

Utilities drive Q2 growth in US as pandemic causes drop in rooftop solar installations

What could a Biden win mean for electric vehicle adoption in the US?

Biden loss would end hopes of US decarbonisation before 2050

Green hydrogen cost to halve by 2030 - a boost to South Korea’s hydrogen ambitions

Global lithium-ion cell manufacturing capacity to quadruple to 1.3 TWh by 2030

US electric truck sales set to increase exponentially by 2025

BP underscores commitment to energy transition

China to add 251GW of new wind capacity by 2029

Woodside takes impairment but is a US$80 carbon price the bigger news?

General Motors to hit 5 million electric vehicle sales by 2030

Over $13 billion of wind turbine capacity ordered in Q1 2020

Sunrun-Vivint Solar deal represents largest consolidation in residential solar history

US offshore wind powers up

Annual solar repairs and maintenance spend to grow to $9 billion by 2025

Subsidy cuts could slash Chinese wind turbine OEMs’ margins by half

Australia’s energy storage capacity more than doubles to 1.2 GWh in 2020

Power system flexibility key to Europe's net-zero targets

US energy storage market sees strong first quarter despite coronavirus

China's Two Sessions reiterates commitment to pollution control

Vestas breaks annual wind turbine installation record

150 GW of renewables projects in Asia Pacific at risk in a coronavirus-led recession

Coronavirus restrictions set to hit US utility-scale solar projects

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