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Ed Crooks discusses the outcomes of COP29 with Energy Gang regulars Melissa Lott and Amy Harder. They dive into what was agreed upon and its implications for the global energy transition. Joining them is Anca Gurzu, who covered the talks live in Baku.
As the "Finance COP", COP29 is under pressure to deliver concrete outcomes on climate finance. The goal is an agreement that could mean US$1 trillion a year or more flowing from rich countries to low and middle-income countries.
In this bonus episode from Distributech, Ed is joined by Quinn Nakayama, from Pacific Gas and Electric Company (PG&E). They have an in-depth discussion on how the rise in EVs is forcing utilities to rethink infrastructure, optimise energy use, and plan for a very different future.
On this episode of the Energy Gang, Ed Crooks is joined by Melissa Lott and Amy Myers Jaffe to reflect on the events and trends that have unfolded across the energy industry in 2023.
Sinopec holds around 25,000 square kilometres of acreage in the Ordos basin, mainly in the north and southwest parts of the basin. The Daniudi and Dongsheng gas fields are Sinopec's main gas-producing assets in the Ordos Basin. Since 2012, Sinopec has increased horizontal drilling in the Daniudi development.
Songnan is a cluster of gas fields in the Jilin Province, northeast China. The gas-bearing reservoir is characterised by volcanic rocks and the gas contains over 20% of CO2. Sinopec Corp operates the gas field complex, in the Songliao Basin, and has built a gas processing plant with a capacity of 105 mmcfd. The gas is sold to the cities of Jilin, Changchun and Siping within the province.
Ed Crooks is joined by Dr. Melissa Lott and Michael Webber as they dissect the latest energy trends at COP28. Phase out vs phase down is still the big topic, and the team give their take on the future of fossil fuels.
With climate talks wrapping up at COP27, the Energy Gang turn their attention to the critical issues discussed at this year’s summit and what happens next.
President Biden's climate agenda has been reformed. What are the implications for the Build Back Better Act? The gang also looks at EVs, and the growing problems that clean energy is currently facing.
EIA and IEA are out with projections for emissions and fossil fuel consumption. And they don’...
Dr. Liz Dennett is joined by Amy Myers-Jaffe, Prakash Sharma and Massimo Di-Odoardo for our latest Horizons podcast: Security Alert. Listen now for a deep dive into the crisis caused by Russia’s invasion of Ukraine.
Dr. Liz Dennett joins Dr Lars Borger and Guy Bailey to explore biodegradability, new materials and how could we create a sustainable plastic value chain.
Dr. Liz Dennett joins special guests Gavin Thompson and Prakash Sharma to explore hydrogen's role in the future of the global energy trade.
The UK has a renewed focus on accelerating its energy transition and bold plans to create a clean energy superpower. But net zero by 2050 is not yet on course.
Wood Mackenzie’s Global Energy Summit Upstream Focus Day has addressed some of the biggest issues facing the industry.
The severe drought in Brazil will contribute to an extremely tight power balance in the country, new research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows.
China’s CATL unveiled its newly-developed sodium-ion battery at a launch event today.
Australian producers need to be at the forefront of green LNG to remain competitive, says Wood Mackenzie.
Wood Mackenzie experts comment on the recently announced Australia Budget 2021.
Today's announcement outlining the UK's plan to set a legally binding 78% greenhouse gas emissions reduction target (on 1990 levels) through its Sixth Carbon Budget is another significant milestone on the road to its goal of net-zero emissions by 2050.
BMW Group – which is comprised of BMW, Mini, Rolls-Royce and Zinoro – is targeting 7 million in battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) stock by 2030, which would see over 1 million combined sales of these cars globally by the same date. However, Wood Mackenzie projects the company will only meet 61% (4.2 million) of that stock target by 2030.
According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest 'US Energy Storage Monitor' report, 476 megawatts (MW) of storage were deployed in Q3 2020. This is an increase of 240% over the previous high, set last quarter.
Privately-held UK Independent Chrysaor is buying London-listed Premier Oil by way of reverse takeover. Premier’s US$2.7 billion of debt and hedging liabilities will be repaid and cancelled via a US$1.232 billion cash payment, plus Chrysaor shares.
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.
According to Wood Mackenzie's Accelerated Energy Transition (AET) scenario, which sees global warming limited to 2.5 degrees (Celsius), the battery raw materials supply chain requires much more investment by 2030.
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.
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.
The oil price crash has hit the US Lower 48 hard. But as exploration and production companies work to mitigate the impact of the crash on their businesses, their strategies are affecting the region’s midstream players.
Australia’s renewables project pipeline in the National Electricity Market (NEM) remains massive at 67 gigawatts (GW) capacity (6GW under construction and 61GW in announced projects), but the current conversion rate to firm projects is low due to grid congestion, says Wood Mackenzie.
Commenting after Shell announced its intention to become net-zero company by 2050, Luke Parker, vice president, corporate analysis, at Wood Mackenzie, said: “This is an evolution of the net carbon footprint ambition that Shell unveiled in November 2017.
Today’s region-wide Gulf of Mexico Lease Sale 254 saw 84 bids received from 22 participating companies, with high bids totalling US$93 million. That amounts to roughly half of the previous lease sale, held in August 2019.
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