The success of EU’s ‘Fit for 55’ package hinges on the action of local authorities

• 12 August 2021

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.

Five trends to watch for in the electrolyser supply chain

• 02 November 2023

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

Exploration’s back in the black

• 04 February 2019

After a difficult few years, the exploration sector is back in the black – and keen to stay there. New analysis from Wood Mackenzie shows that explorers’ success in 2018 reflects a disciplined approach that’s set to continue this year.

New opportunity in UK North Sea with Greater Buchan Area round

• 31 January 2019

The Oil & Gas Authority's (OGA) decision to launch the 31st supplementary offshore licensing round, focusing on the Greater Buchan Area offers a material opportunity for players active in the UK North Sea

Merger does the business for Wintershall and DEA

• 28 September 2018

Wintershall and DEA set to merge to create independent exploration and production company

What will a fresh output cap at Groningen mean for the gas market?

• 01 February 2018

A new cap on production from the Netherlands' giant Groningen gas field may have an impact on the security of Europe's gas supply, hurt Dutch treasury receipts and prompt a reassessment of the field's remaining value.

BP's double proves there's life in the old dog yet

• 31 January 2018

BP announced it made two discoveries on the UK Continental Shelf in 2017 - Capercaillie, in the North Sea, and Achmelvich, in the West of Shetland. Wood Mackenzie believes the finds prove there's still life in the ultra-mature province.

Can upstream cost savings stick?

• 15 December 2017

The impact of the 2014 oil price collapse is still being felt across the upstream sector. Operators have cut investment, deferred projects and implemented tough cost discipline, slashing US$910 billion from global capital expenditure estimates for 2015-2020. While many operators believe the cuts will stick, a new survey released today by natural resources consultancy Wood Mackenzie indicates the pictured is more nuanced.

How private equity is revitalising offshore exploration and production

• 01 October 2018

Private equity is revitalising offshore exploration and production, with smaller operators bringing new life to the US Gulf of Mexico, the North Sea and Brazil. Get the latest analysis here.

What is the impact of recent North American olefins investments on Europe?

• 05 November 2017

The lower crude oil pricing environment that has been in place for almost the last three years has influenced the olefin cost curve around the World. The deviation between advantaged and disadvantaged regions has narrowed, levelling the playing field much more.

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.

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.

Sakarya Phase One kick-starts Turkey’s upstream sector transformation, making nation less reliant on gas imports

• 20 April 2023

Addressing Turkish Petroleum Corporation’s (TPAO) launch of Sakarya Phase One, Ashley Sherman, Research Director, Caspian & Europe Upstream Oil and Gas for Wood Mackenzie said “Sakarya Phase One redefines the scale of Turkey’s upstream sector, bringing its first deepwater output and a fundamental shift in domestic energy security. To date, Turkey has relied almost entirely on gas imports to meet its demand. Sakarya Phase One will put a sizeable dent into the country’s energy import bill, which reached an eye-watering US$97 billion in 2022. But Phase Two would be the real gamechanger, enabling Sakarya to cover almost 30% of Turkey’s gas consumption by 2030.”

What's the future of North Sea projects?

• 30 November 2016

We’ve collated the data and analysed what it means for the North Sea market over the coming 12 months and beyond.

Chinese companies dominate Wood Mackenzie’s solar PV module manufacturer rankings

• 11 June 2024

Nine out of the top 12 manufacturers in Wood Mackenzie’s new global solar PV module manufacturer rankings are Chinese companies.

How Norway is responding to oil market challenges

• 13 May 2020

In this 20-minute webinar, we discuss Norway's announcements regarding production cuts and a fiscal stimulus package. We use our new Lens platform to tell you what it really means for the companies and projects involved.

UK gas output slump helps fuel price rally

• 08 September 2021

UK gas production is down 28% year-to-date, helping fuel the current European gas price rally, global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK) said.

Can Europe cope if Russia shuts off Ukraine gas transit?

• 19 December 2019

The gas transit and supply contracts between Russia and Ukraine expire at 10 am on 1 January 2020 (Moscow time) – the future of Ukraine transit remains the largest uncertainty for global gas markets in 2020. Murray Douglas, director, European gas at global natural resources consultancy Wood Mackenzie, said: “Ukraine remains the major transit route for Russian gas into Europe – over 76 billion cubic metres (cm) will be transported via Ukraine this year."

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.

Shell dividend cut frees up US$10bn

• 30 April 2020

Anglo-Dutch supermajor Shell today slashed its dividend by 66%, the first time the company has cut cash distributions to shareholders since World War II. The annual pay-out will fall from US$14.9 billion to US$5.1 billion, freeing up US$10 billion of capital.

The challenges and opportunities in Europe’s oil & gas, CCUS and hydrogen sectors

• 10 November 2023

To accelerate Europe’s energy transition, investors need to leverage opportunities to diversify the region’s energy mix.

The Norwegian emissions dilemma

• 05 August 2024

What is the real impact of curtailing production from Norway on the broader European energy landscape?

Webinar:Powering Smarter Trading Decisions in Short-Term Power Markets

• 27 May 2025

Our host and experts will explore how to power smarter trading decisions in short-term power markets using high-frequency data, forecasting and actionable insights. They’ll discuss the advantages of proprietary data over public sources, demonstrate how Intraday Price Predict supports real-time decision-making, and highlight how Power Trading Analytics platform (PTA) helps unify key market signals into actionable insights.

Soaring solar raw materials prices could thwart REPowerEU plans

• 30 May 2022

The REPowerEU initiative has the potential to add at least 420 gigawatts (GW) of solar installations by 2030; however, rising solar raw material costs could become the stumbling block to achieving this goal, says Wood Mackenzie.

Hydrogen Conference 2025

• 12 November 2025

Join us on 12-13 November in London for the fourth edition of Wood Mackenzie’s Hydrogen Conference. This is your opportunity to hear from our team of hydrogen research analysts and industry experts as they engage in powerful conversation exploring the key drivers and challenges of deploying low-carbon hydrogen. #WMHydrogen

European renewable PPA market sees 19GW of new capacity contracted in 2024

• 15 April 2025

The European renewable energy Power Purchase Agreement (PPA) market demonstrated strong recovery in 2024, with nearly 19 gigawatts (GW) of new capacity contracted, according to the latest Europe Renewables PPA Tracker report released by Wood Mackenzie. The report highlights a surge in PPA activity, with Spain and Germany leading the market, accounting for 30% of total capacity. Solar PV and wind projects represented approximately 80% of contracted capacity, with each technology contributing similar volumes. Poland, the UK and Greece entered the top five across all deal types (corporate, route-to-market and utility).

Europe Power Solutions

With our integrated platform, you can monitor current production levels, supply and demand, and price forecasting to accurately report and react to market changes as they happen.

Wind turbine technology evolution is diverging quickly between China and the rest of the world

• 07 February 2024

Western OEMs reduce the pace of NPI and focus on product standardisation while Chinese peers continue the frenetic pace of new turbine introduction

New rules and frameworks in global carbon policies

• 15 April 2024

Read on for developments in carbon policy coming out of the US, UK and EU

Is US solar growth truly unstoppable?

• 17 December 2024

Sylvia is joined by Abigail Hopper, president and CEO of the Solar Energy Industries Association, to discuss the industry's current state in the wake of the US election, the implications of the Inflation Reduction Act, potential changes to tax credits, and the impact of tariffs and energy demand on the industry.