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News Release
When will the market face peak demand?
- 18 October 2017
The market is no stranger to peak oil. But industry focus is shifting from concerns about peak oil supply to a more concrete threat– peak demand. The Rise and Fall of Black Gold, released today by Wood Mackenzie, is a comprehensive, cross-commodity, cross-value chain analysis of peak demand. The report identifies the drivers as well as the potential impact of this global transformation – across regions, sectors, and fuels.
News Release
North America could play bigger role in future global bunker market
- 20 March 2017
Alan Gelder, Vice President of Refining, Chemicals & Oil Markets, believes that North America has the opportunity to take a much bigger role in the future global bunker market.
News Release
Eni makes discovery of the year, named most-admired upstream explorer
- 17 June 2022
Italian major Eni has, for the fourth time in seven years, been named the upstream industry’s most-admired explorer, an accolade awarded as part of Wood Mackenzie’s industry-leading annual Exploration Survey.
News Release
Global wind turbine order intake breaks record in Q2
- 12 September 2022
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.
News Release
Decarbonising global iron ore and steel industry by 2050 necessitates urgent action and US$1.4 trillion of investment
- 15 September 2022
Decarbonising the steel and iron ore industry by 2050, in line with the Paris Climate Agreement, will require US$1.4 trillion of investment and revolution across every stage of the value chain. This presents an urgent challenge and enormous opportunity according to Wood Mackenzie’s latest Horizons research report, Pedal to the metal: Iron and steel’s $1.4 trillion shot at decarbonisation.
3106 related products from the Store that match
- Insight
  Lithium’s rebound: impacts on global energy storage system costs
  - 09 February 2026
  This report explains the sharp rebound in lithium prices since mid‑2025 and how the surge is influencing global energy storage system (ESS) costs. It highlights that although lithium prices have more than doubled from their 2025 lows - potentially raising ESS costs by up to 10% in early 2026 - market fundamentals do not support a prolonged rally. Overall, we expect lithium and ESS costs to ease…
- Insight
  Project Vault: US unveils US$12 billion critical minerals stockpile
  - 09 February 2026
  The Trump administration just unveiled a US$12 billion bet on critical minerals—but is it a strategic masterstroke or an expensive misstep? Project Vault promises to shield American industries from supply chain vulnerabilities and volatile markets by stockpiling the metals that power everything from defense systems to electric vehicles. On the surface, it's a bold response to decades of strategic…
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News Release
14% increase in European coal demand to be short-term trend
- 21 September 2022
European seaborne thermal coal demand is projected to increase 14% or 12 million metric tonnes (Mt) this year to 98 Mt as it grapples with the current energy crisis.
News Release
Climate policies trigger 1.9% upgrade QoQ in global wind power
- 03 October 2022
Global wind power is expected to see an 1.9% increase of installed capacity Quarter on Quarter (QoQ), an equivalent of 25.6 gigawatts (GW), between 2022 and 2031 according to Wood Mackenzie, a Verisk business (Nasdaq: VRSK).
News Release
Wood Mackenzie launches Lens Gas & LNG
- 15 November 2022
Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector, has launched Lens Gas & LNG, a new data analytics solution that offers a uniquely integrated view that connects markets and assets on a global scale.
News Release
OPEC+ prepares for market uncertainty with continued 2 million b/d production cut
- 06 December 2022
Speaking after today’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said “The decision by OPEP+ to continue with its recently agreed 2 million barrels per day (b/d) production cut through the end of 2023 is not a surprise, given the uncertainty in the market over the impact of the 5 December EU Russia crude oil import ban and the G7 price cap. In addition, the producers group faces downside risk from the potential for weakening global economic growth and China’s zero Covid policy.”
News Release
Long-duration energy storage projects attract more than US $58 billion investment over last three years
- 07 December 2022
Long-duration storage energy (LDES) projects around the world have attracted more than US $58 billion in commitments made by governments and companies since 2019. If all these projects went forward, it would lead to the installation of 57 gigawatts (GW) of LDES – the equivalent of three times the global energy-storage capacity deployed in 2022, according to analysis from Wood Mackenzie.
News Release
Veritas Capital completes acquisition of Wood Mackenzie
- 02 February 2023
Veritas Capital (“Veritas”), a leading investor at the intersection of technology and government, today announced that an affiliate of Veritas has completed the purchase of Wood Mackenzie from Verisk (Nasdaq: VRSK).
News Release
Wood Mackenzie Launches the Electric Vehicles and Battery Supply Chain Service at Mining Indaba 2023
- 06 February 2023
Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector, today launched the Electric Vehicles and Battery Supply Chain Service (EVBSC) at the Mining Indaba 2023 conference in Cape Town, South Africa. The EVBSC is a new product that provides end-to-end detailed analysis and forecasts of the electric transportation value chain including quarterly long-term outlooks to 2050 and 10-year forecasts, and monthly short-term reports and data for EV, Li-ion battery and raw materials (lithium, nickel, cobalt, graphite and manganese) markets.
News Release
Global hydrogen pipeline plummets in Q4, with only 1Mtpa of new projects announced
- 23 February 2023
The total global announced capacity for hydrogen projects reached 71.4 million tonnes per annum (Mtpa), but 2022 falls short of becoming a record year according to latest analysis from Wood Mackenzie.
News Release
Wood Mackenzie appoints new Chief Financial Officer
- 27 March 2023
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.
News Release
California dwarfs all other VPP markets in North America
- 29 March 2023
California dwarfs all virtual power plant (VPP) markets in North America, housing 24% of projects in the region, according to Wood Mackenzie’s ‘North America VPP market: H1 2023’ report.
News Release
Global wind energy to top 1 TW threshold by the end of 2023
- 11 April 2023
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.
News Release
China’s solar exports booming, up 64% in 2022 despite global trade tensions
- 23 May 2023
China’s solar exports grew 64% to US$52 billion in 2022 despite global trade tensions, according to latest analysis from Wood Mackenzie.
News Release
Implications of OPEC+ meeting for H2 2023
- 07 June 2023
The decision by OPEC+ to extend current production cuts and an additional voluntary 1 million b/d reduction for July from Saudi Arabia should provide support for prices in the rest of 2023, according to Wood Mackenzie.
News Release
Floating rig utilization rebounds to pre-COVID levels
- 12 June 2023
Rig utilization has returned to pre-COVID levels, driving rates up 40 percent in the past year as demand is forecast to increase another 20 percent from 2024-2025, according to a recent report from Wood Mackenzie.
News Release
Should gas resource holders target LNG exports or blue ammonia?
- 15 June 2023
The acceleration of the energy transition means gas resource holders increasingly face a choice: follow the established pathway and develop new LNG export facilities or pivot into developing blue ammonia.
News Release
TotalEnergies named most-admired upstream explorer in Wood Mackenzie’s 15th annual Exploration Survey
- 27 June 2023
French major TotalEnergies has been named the upstream industry’s most-admired explorer and received the Discovery of the Year award in Wood Mackenzie’s industry-leading annual Exploration Survey.
News Release
US$500 billion (2023 terms) investment in global oil and gas asset development enough to meet peak demand in 2030s
- 20 July 2023
Despite concerns about underinvestment in upstream, peak oil and gas demand can be met in the 2030s without a substantial increase to current annual asset development investment levels of US$500 billion in 2023 terms, according to a new Horizons report from Wood Mackenzie.
News Release
Top 10 solar PV inverter vendors account for 86% of global market share
- 14 August 2023
The top 10 global solar photovoltaic (PV) inverter vendors accounted for 86% of market share in 2022, increasing by 4% year-over-year since 2021, according to latest analysis by Wood Mackenzie, a global insight business for renewables, energy and natural resources.
News Release
US$ 27 billion investment required to mobilise global offshore wind supply chain
- 17 August 2023
The global offshore wind supply chain will require US$ 27 billion of secured investment by 2026 if it is to meet a fivefold growth in annual installations (excluding China) by 2030, according to latest Horizons report by Wood Mackenzie, a global insight business for renewables, energy and natural resources.
News Release
FLNG sector thriving amid projects boom
- 31 August 2023
The right economic and geo-political conditions mean that the outlook for the global floating liquified natural gas (FLNG) project sector is bullish according to a new report by Wood Mackenzie, a global insight business for renewables, energy and natural resources.
News Release
H1 global wind turbine orders hit new high at 69.5 GW
- 31 August 2023
Global wind turbine order intake reached new highs in H1, with 69.5 gigawatts (GW) of activity, a 12 percent increase year-over-year, according to a new analysis from Wood Mackenzie.
News Release
Global wind power cumulative installed capacity to hit 2.38TW in 2032
- 20 September 2023
Increased activity in Western markets and Africa will drive a ten-year compound annual growth rate of 10.1% for grid-connected wind power, leading to 2.38 terawatts (TW) of cumulative installed capacity at the end of 2032, according to Wood Mackenzie.
News Release
Top 15 Global PV O&M firms commanded 115GWdc of monitored solar capacity in 2022
- 02 October 2023
The top 15 global PV O&M providers expanded their overall portfolio for a total volume of 115 gigawatts direct current (GWdc) in 2022, an annualized growth of 13%, according to Wood Mackenzie.
News Release
Global energy storage integrator market grows increasingly competitive in 2022
- 30 October 2023
The global Battery Energy Storage Systems integrator market has grown increasingly competitive in 2022, with the top five global system integrators accounting for 62% of overall BESS shipments.
News Release
China to hold over 80% of global solar manufacturing capacity from 2023-26
- 07 November 2023
After investing over US$130 billion into the solar industry in 2023, China will hold more than 80% of the world’s polysilicon, wafer, cell, and module manufacturing capacity from 2023 to 2026.

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Search results: 2452

When will the market face peak demand?

North America could play bigger role in future global bunker market

Eni makes discovery of the year, named most-admired upstream explorer

Global wind turbine order intake breaks record in Q2

Decarbonising global iron ore and steel industry by 2050 necessitates urgent action and US$1.4 trillion of investment

3106 related products from the Store that match

Lithium’s rebound: impacts on global energy storage system costs

Project Vault: US unveils US$12 billion critical minerals stockpile

14% increase in European coal demand to be short-term trend

Climate policies trigger 1.9% upgrade QoQ in global wind power

Wood Mackenzie launches Lens Gas & LNG

OPEC+ prepares for market uncertainty with continued 2 million b/d production cut

Long-duration energy storage projects attract more than US $58 billion investment over last three years

Veritas Capital completes acquisition of Wood Mackenzie

Wood Mackenzie Launches the Electric Vehicles and Battery Supply Chain Service at Mining Indaba 2023

Global hydrogen pipeline plummets in Q4, with only 1Mtpa of new projects announced

Wood Mackenzie appoints new Chief Financial Officer

California dwarfs all other VPP markets in North America

Global wind energy to top 1 TW threshold by the end of 2023

China’s solar exports booming, up 64% in 2022 despite global trade tensions

Implications of OPEC+ meeting for H2 2023

Floating rig utilization rebounds to pre-COVID levels

Should gas resource holders target LNG exports or blue ammonia?

TotalEnergies named most-admired upstream explorer in Wood Mackenzie’s 15th annual Exploration Survey

US$500 billion (2023 terms) investment in global oil and gas asset development enough to meet peak demand in 2030s

Top 10 solar PV inverter vendors account for 86% of global market share

US$ 27 billion investment required to mobilise global offshore wind supply chain

FLNG sector thriving amid projects boom

H1 global wind turbine orders hit new high at 69.5 GW

Global wind power cumulative installed capacity to hit 2.38TW in 2032

Top 15 Global PV O&M firms commanded 115GWdc of monitored solar capacity in 2022

Global energy storage integrator market grows increasingly competitive in 2022

China to hold over 80% of global solar manufacturing capacity from 2023-26

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