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Over the last year, strong demand recovery and a lack of investment in supply has caused prices to rise across sectors. Energy security and geopolitical tensions have added unprecedented uncertainty to markets across the globe. On top of that, countries and corporations still bear the massive challenge of limiting global warming to 1.5 ˚C.
A team of three analysts from global energy consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), are in Puerto Rico this week helping install solar panels on homes as part of a new initiative with charity Let’s Share the Sun Foundation.
Despite the addition of 5.7 gigawatts (GWdc) of solar capacity in Q2 2021, supply chain constraints are leading to price increases across every solar market segment, according to the U.S. Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business (Nasdaq: VRSK).
Join Wood Mackenzie on November 16th at 10 a.m. CST, as our experts share an overview of the solar module supply chain.
Despite early success, Section 201 solar tariffs on imported cells and modules could now limit market growth.
Our Africa solar PV outlook 2025 is a 40+ slide in-depth report which covers the key market drivers and challenges for utility-scale, C&I and residential solar development in the fastest-growing region globally. Hitting 163 GWdc by 2034, solar PV cumulative capacity in Africa is set to rise eightfold over the next 10 years. Driven by the accelerated adoption of rooftop systems and strong private…
This report summarizes the state of the market and the outlook for energy storage lithium ion battery components including cathodes, anodes, electrolyte, and separators. It highlights how investment is growing in each component, which regions are taking the lead, and how policy is shaping the evolution of these trends to support investment and sourcing decisions.
Rory McCarthy, Principal Analyst, and Victor Laurent, Senior Product Manager for Power at Wood Mackenzie Genscape, look at the flexibility challenges facing European power markets, which have been laid bare by Covid-19
The US microgrid market is growing, with a record 546 small power grids installed during 2019. Projects below 5MW are increasingly attractive to a wide range of investors.
The 2020 elections bring US energy policy to a fork in the road. Trump offers continuity, with some further easing of regulations on the oil, gas and coal industries. Biden offers a return to the Obama administration’s strategy of using regulation to cut emissions, and more ambitious moves if the Democrats win control of Congress.
CAISO and SPP have led the development of western US regional power markets – how are they taking shape?
The IRA has transformed the US from laggard to leader in energy transition policy – but greater clarity in some areas will be essential to prospective investors.
Investment tax credit (ITC) adders and loan market headwinds are shaking up the US residential solar financing landscape.
In news articles, press releases, and industry presentations, 'Energy as a Service' is highlighted as a new business model driving microgrid deployment in the United States. Examples include leading developers and suppliers including Schneider Electric, Enchanted Rock, Siemens and others.
There is a dispute over whether the US Postal Service should buy EVs, but the private sector is pressing ahead with orders.
Developers need to manage an increasingly complex array of factors to ensure project success.
The US, Canada and Latin America face different dilemmas in the drive to decarbonise
Decision makers need to consider an increasingly complex range of factors when choosing equipment suppliers.
What made Germany’s 7 GW offshore wind tender so attractive – and what does it mean for other governments?
But some elements of the crisis will leave a lasting effect.
Solar-plus-storage is growing, but only 12% of distributed solar installations were paired with batteries in 2022.
In a new report with CPower we delve into the world of Demand Response and Distributed Energy Resources, shedding light on the crucial intersection between reliability and regulatory dynamics.
This white paper provides insight into how solar software delivers ROI.
We estimate that the global floating solar (FPV) market will reach 1.6 GWdc in 2021 – more than double the total installed capacity in 2020. So, what are the benefits of FPV? And what role will it play in achieving net zero ambitions?
As COP26 approaches, pressure on India to commit to net zero is increasing. Global action on climate change is firmly at the top of the political agenda.
This year, countries that rank in the top ten for FPV demand will hold 84% of global market share and this is forecast to increase to 86% by 2026. Of these ten countries, eight sit within Asia-Pacific. So, what is driving FPV growth in the region?
Just as EV sales are accelerating, so too must the development of supporting infrastructure. How has investment activity evolved over the last decade – and what could that mean for the future?
From ESG to tax equity, we look at the market and policy factors that could have an impact on the financing of clean energy projects in the US over the next few years.
Nordic power markets have long been defined by their ample hydro resources, but the make-up of supply will evolve as new wind capacity serves a major expansion of demand.
We break down the key themes emerging for investors next year; from increased activity in the PV value chain post-IRA to new geothermal opportunities and hotspots.
It’s shaping up to be a critical year in setting the pace of growth for low-carbon hydrogen and derivatives markets. Read our take on the themes to watch in 2024.
China’s wind and solar targets are set for 2030. 408 GW of new capacity will be added from 2021 to 2030, of which 82% will come from onshore wind.
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