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In 2024, the global landscape for Levelised Cost of Electricity (LCOE) continues to reflect significant advances in renewable energy technologies, with wind and solar power leading the way, according to the latest LCOE reports from Wood Mackenzie.
The new six-month delay to the Golden Pass LNG Terminal LLC planned start-up in Texas will remove a fair amount of new supply from the market in a period of intense growth, shifting the surge from 2026 to 2027 and impacting both the global and North American gas markets, according to analysis from Wood Mackenzie.
Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Matthijs (Thijs) van Koppen to its global executive leadership team as EVP, Head of Consulting.
The Infrastructure Investment and Jobs Act (IIJA) of 2021 and the Inflation Reduction Act (IRA) of 2022 catapulted the US to global leadership in decarbonisation. But a victory for former President Donald Trump in the November 2024 election, combined with long-standing issues around the US relationship with China and US government deficits, could significantly alter the path of US energy policy and usher in a delayed transition scenario, according to a new Horizons report from Wood Mackenzie.
A five-year delay to the energy transition could see the global average temperature rise to 3°C above pre-industrial levels.
The challenges of the lithium market continue, with supply growth continuing to outpace demand growth, with little curtailment. Where are prices from a historic perspective? Where are prices relative to the cost curves, and what type of assets are operating at low or negative margins? This presentation highlights where the supply has come from, what the raw material is, what is produced and what…
Operated by Electra Battery Materials Corporation (previously First Cobalt), the Electra Battery Materials cobalt refining plant is located in Timmis, Ontario province, Canada. The plant will produce cobalt sulphate from crude cobalt hydroxide. Wood Mackenzie’s asset reports are built from the bottom up, incorporating several granular data metrics to ultimately produce our industry-standard cash…
Global wind turbine order intake hit new highs in 2023 with 155 gigawatts (GW) procured for the year, an increase of 16 GW from 2022.
Up to 30 upstream projects larger than 50 million of barrels of oil equivalent (boe) could reach FID in 2024, an increase from 22 in 2023, according to a new report from Wood Mackenzie.
On International Women’s Day, Wood Mackenzie, in partnership Let’s Share the Sun and other third parties, dedicated 51 solar panels and battery storage to a shelter for victims of domestic violence in Puerto Rico. The fully installed 25 kW-DC system will provide a significant portion of the shelter’s power needs.
More than 100 gigawatts (GW) of global renewable energy capacity is expected to be tendered in 2024. With more than 60 GW to be offshore wind, the overall volume is set to grow as the year progresses and will match 2023 levels.
As major global economies look to reposition critical minerals supply chains outside China, the resulting inefficiencies could increase the cost of finished goods and delay the energy transition. The world cannot achieve decarbonisation without copper, a crucial component in electrification. Curr...
As energy demand grows, particularly driven by data centres and AI applications, the small modular reactor (SMR) nuclear pipeline surged 42% since last quarter to reach 47 gigawatts (GW), according to a new report from Wood Mackenzie.
Wood Mackenzie, Inc., the leading global data and analytics business empowering the energy transition, has appointed Bernardo Rodriguez as Chief Product & Technology Officer, effective July 7, 2025.
Global power markets are entering a period of unprecedented transformation characterized by sharply divergent regional paths, according to Wood Mackenzie's latest H1 2025 regional power Strategic Planning Outlooks.
According to Wood Mackenzie’s recently released Electric Vehicle (EV) Charging Infrastructure Forecast, EV charging ports will increase at 12.3% CAGR from 2026-2040, reaching 206.6 million ports globally.
High costs have kept green hydrogen projects from taking off, but new regulations in the European Union's (EU) refining sector offers a solution to launching this carbon friendly technology at scale, according to a new Horizons report from Wood Mackenzie.
Wood Mackenzie, the global insight business for renewables, energy, and natural resources, has launched its Nodal Price Forecast solution.
Surging power demand and mounting geopolitical tensions have made 2050 net zero goals unattainable, with the world now on track for 2.6°C of global warming.
Recent actions by the Syrian government could pave the way for increased oil and gas production this year and beyond, according to a recent insight from Wood Mackenzie.
Wood Mackenzie analysts view the merger as a significant step toward market consolidation in the offshore drilling sector
Are the EU’s new targets a drop in the ocean?
The petrochemicals industry has been enjoying boom conditions. But after several years of strong margin generation, storm clouds are gathering.
Global floating solar demand is expected to grow by an average of 22 percent year-over-year from 2019 through 2024.
The energy transition is well underway. But huge challenges still stand in the way of decarbonisation. What could influence the pace and scale of the transition? David Brown investigates.
The rising influence of four commodity trading houses is shaking up the global LNG market. Trafigura, Vitol, Glencore and Gunvor have played a part.
Wood Mackenzie estimates that by 2020, 9.4 million EVs be on the road, with 7 million residential charging points. Can the EV revolution take range anxiety?
Hot topics from our most popular reports: Permian cube development potential, a long-term outlook for oils and Russian gas infrastructure and production hotspots
Governing and regulating the metals and mining sector is becoming more complex. Governments need to balance an increasingly wide range of interests in order to maximise the long-term benefit of mineral resources. Learn how Wood Mackenzie can help.
How would the Western Interconnection region cope in both normal daily operations as well as various stress scenarios, and what would it take to push it over the edge? Wood Mackenzie was brought in to identify the risks and recommend options to mitigate these threats.
Is crude-to-chemicals integration just another industry buzzword or is it the way forward for oil and chemical companies?
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