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News Release
Carbon removal projects need to ramp up massively to meet future needs
- 19 September 2024
Carbon removals, the removal and durable storage of carbon dioxide (CO2) that has already been emitted, are starting to emerge as a viable investment opportunity, but not at a pace that will enable the world to get to net zero according to the latest research by data and analytics company Wood Mackenzie.
News Release
Study shows more U.S. LNG is needed to curb Asia’s surging coal use
- 03 December 2024
Coal use and emissions from power generation in Asia will surge in coming decades unless there is significant new supply of U.S. liquefied natural gas (LNG), a new study by data and analytics company Wood Mackenzie has shown. The study, commissioned by the Asia Natural Gas and Energy Association ...
News Release
Record year for Chinese overseas power projects: 24 GW installed in Belt & Road countries
- 27 January 2025
Chinese companies have made a significant milestone in their overseas power development, installing a record 24 gigawatts (GW) of capacity in Belt & Road (B&R) countries in 2024, according to a new report from Wood Mackenzie. This record number marks a doubling of the capacity installed in 2023 a...
News Release
India needs US$4.3 billion government support to enable CCUS adoption
- 06 March 2025
India needs US$4.3 billion government support to enable CCUS adoption The country to account for close to 15% of Asia Pacific’s CCUS capacity by 2050
News Release
China's steel industry at critical crossroads of overcapacity and green transition
- 03 April 2025
The China steel sector is currently dealing with an overcapacity of more than 50 million tonnes (Mt), a figure that is projected to rise to 250 Mt over the next decade, according to a new report by Wood Mackenzie. Construction's share of steel demand will decline from its peak of 60% to 48% over the next decade. Housing's share of steel demand is expected to decrease from 40% in 2020 to 23% in the long-term. Energy transition sectors, including wind energy, solar energy, and electric vehicles, are projected to account for 10% of steel demand by 2030
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- Asset Report
  Southern Energy LNG Phase 1
  - 26 February 2026
  Southern Energy LNG Phase 1 is the first phase of Southern Energy S.A.’s (SESA’s) under-construction floating LNG terminal in the Gulf of San Matias in Rio Negro, Argentina. The phase will deploy Golar LNG’s (Golar) 2.45 mmtpa Hilli Episeyo FLNG unit from late 2027 under a 20-year charter agreement. The unit will operate alongside Southern Energy LNG Phase 2 – which will deploy Golar’s 3.5 mmtpa…
- Asset Report
  L44/43, L33/43 & SW1A and L53/48
  - 26 February 2026
  This report covers multiple concessions onshore Thailand. The L44/43, L33/43 and SW1A concessions are located in the Phetchabun Basin, onshore northern Thailand. The concessions contain several small oil discoveries. L44/43 concession includes three producing fields: Na Sanun East, Bo Rang and Wichian Buri extension. L33/43 concession includes the L33 field, and the SW1A concession includes Na…
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News Release
Copper production to become a growth driver in 2025 as capital allocation strategies diverge in mining
- 02 April 2025
Greenfield copper projects start to offer the most attractive returns for capital investment Wood Mackenzie's latest analysis shows a significant shift in capital allocation strategies within the mining sector, as production growth has become a primary focus amid increasing competition for capital investment. According to Wood Mackenzie’s Metals and Mining Corporate analysis, three key factors are driving this shift: Increasing non-discretionary capital expenditure requirements Continued need for robust balance sheets to weather potential market volatility Growing focus on copper for both growth and diversification strategies
News Release
US wind market installations hit a decade low
- 08 April 2025
The U.S. wind market continued a downward trend in 2024, with 5.2 gigawatts (GW) of total installations, the lowest in 10 years, according to the U.S. Wind Energy Monitor report released by Wood Mackenzie. The report shows that 3.9 GW of onshore builds came online last year, along with 1.3 GW of onshore repowers and 101 megawatts (MW) of installed offshore capacity.
News Release
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).
News Release
India's new carbon market methodologies set offset landscape
- 17 April 2025
India's recent approval of eight methodologies for its domestic voluntary carbon market is set to revitalise the national carbon offset landscape, according to Wood Mackenzie. The Carbon Credit Trading Scheme (CCTS) introduces a framework that could significantly impact carbon credit prices, quality, and trading patterns in the country.
News Release
US energy dominance faces long-term challenges
- 17 April 2025
While the United States currently dominates global oil and gas production, it faces significant challenges to maintaining the same level of leadership in the coming decades, according to the latest Horizons report from Wood Mackenzie.
News Release
The oil industry nervously stands by: Tariff uncertainty and price volatility are threats to supply, investment and the service sector
- 23 April 2025
The global oil industry has been bracing for a crisis since oil prices fell below US$60 per barrel (/bbl), a level unseen since 2021. Producers are preparing for potential further declines, with investment in the US Lower 48 tight oil sector particularly responsive.
News Release
In 2025, Up to 3.5 Mcmd in play as spot gas market challenges firm contracts in Brazil
- 30 April 2025
Brazil's Local Distribution Company (LDC) market dynamics are set for significant changes in 2025, with a notable shift towards spot market transactions, according to a recent report from Wood Mackenzie.
News Release
Despite surging power demand, gas-fired power faces manufacturing constraints that could limit near-term growth
- 14 May 2025
A new report from Wood Mackenzie finds that despite surging power demand, the gas turbine market could experience "turbo lag" in the next 15 years due to manufacturing constraints, rising costs, and competition from renewables.
News Release
Proposed US House budget reconciliation bill poses many challenges to renewable energy industry
- 15 May 2025
Solar, wind, and energy storage forecasts potentially downgraded, while 95% of announced green hydrogen projects are at risk.
News Release
Key renewable energy takes away from Australia’s federal election
- 15 May 2025
Australia's re-elected Labor government has renewed its commitment to accelerating the energy transition following the 2025 federal election. The administration has pledged to uphold its ambitious renewable energy targets while introducing new policies to increase energy storage capacity and advance critical mineral development.
News Release
Middle East and North Africa solar manufacturing capacity to reach 44 GW by 2029, driven by vertically integrated strategy
- 07 May 2025
Solar manufacturing in the Middle East and North Africa (MENA) region is projected to reach 44 gigawatts (GW) by 2029, with installations in the region expected to exceed 140 gigawatts direct current (GWdc) by 2030, according to new analysis from Wood Mackenzie. “MENA’s vertically integrated, cost-competitive approach, underpinned by the latest technologies, sets it apart from fragmented strategies seen in markets like the United States, India, and Southeast Asia,” said Yana Hryshko, senior analyst and head of global solar supply chain research at Wood Mackenzie.
News Release
Lithium market volatility rises as supply surge faces the trade tension and deflationary pressure
- 13 May 2025
The global lithium market is expected to face a significant supply surplus over the next decade, with deflationary pressures from China’s overcapacity in processing and trade tensions with the U.S. threatening to reshape the market’s dynamics. According to Wood Mackenzie, the current oversupply is projected to peak in 2027, followed by a potential shift to deficit by the early 2030s.
News Release
Indonesia faces potential gas supply shortfall, Wood Mackenzie warns
- 21 May 2025
Indonesia, Southeast Asia's largest gas market, may face domestic gas supply shortfalls in the coming years, according to Wood Mackenzie's latest analysis.
News Release
Global energy landscape: how three tariff scenarios reshape the future
- 27 May 2025
A new report from Wood Mackenzie, "Trading cases: Tariff scenarios for taxing times", presents three distinct futures for the global energy landscape.
News Release
Australia's East Coast gas market faces complex challenges with no easy solutions
- 27 May 2025
Australia’s East Coast gas market is on a path toward a structural shortfall, according to Wood Mackenzie. The article, ‘Dare to be bold: Australia’s East Coast gas market’, highlights intensifying supply shortfalls and warns that without decisive action, Australia faces a future of chronic gas shortages, particularly during winter months. According to Wood Mackenzie, gas demand on the East Coast remains resilient, but new supply is not keeping pace. A combination of declining exploration activity, delayed investments, and an increasingly complex policy environment has undermined market confidence.
News Release
Geothermal energy poised for transformation: Wood Mackenzie explores emerging next-gen technologies
- 28 May 2025
Next-generation geothermal technology could transform the energy sector, offering abundant, round-the-clock low-carbon power and heat, according to Wood Mackenzie.
News Release
Australia risks losing edge in global hydrogen race as projects stall, warns Wood Mackenzie
- 29 May 2025
Despite its early leadership ambitions, Australia is falling behind in the global hydrogen economy, with 80% of its low-carbon hydrogen projects still in early development and multiple high-profile cancellations, according to new analysis from Wood Mackenzie. Released at the Australia Energy Producers Conference, the report, ‘How can Australia compete in the global hydrogen market (before it’s too late)?’ highlights that while the country boasts world-class renewable energy potential and abundant land, it is struggling to convert those advantages into competitive hydrogen production.
News Release
US adds 8.6 GW of new solar module manufacturing capacity, one of the strongest quarters of growth in its history
- 09 June 2025
House-passed federal tax legislation threatens to undercut the solar industry, which is the primary source of new US electricity generation and is delivering a historic boom in domestic manufacturing.
News Release
Latin America embraces unconventional oil and gas exploration
- 09 June 2025
According to Wood Mackenzie’s latest Global Unconventional Roundup, Mexico and Argentina have significant potential for increased oil and gas production through unconventional resource development. “As conventional reserves decline globally, we're seeing a resurgence of interest in unconvention...
News Release
ExxonMobil crowned most-admired upstream explorer in Wood Mackenzie 21st annual exploration summit survey
- 12 June 2025
ExxonMobil, one of the largest publicly traded international energy and petrochemical companies has clinched the top spot as the upstream industry's most-admired explorer in Wood Mackenzie's annual Exploration Survey for 2025.
News Release
Wood Mackenzie forecasts trillion-dollar boom in carbon offsets and CCUS markets by 2050
- 23 June 2025
Global carbon markets are poised for transformative growth. Two key strategic areas have emerged as critical components of global decarbonisation efforts: Carbon Capture, Utilisation and Storage (CCUS) and carbon offsets. Wood Mackenzie’s two long-term outlook reports forecast substantial market size growth, surpassing trillions of dollars in value by mid-century.
News Release
Energy Storage Market Continues Strong Growth in Q1 2025
- 25 June 2025
The growing market in Indiana is made possible due to factors such as land availability and clear state permitting guidelines.
News Release
Argentina to peak at 180 Mmcd, becoming regional gas supplier and LNG exporter, says Wood Mackenzie
- 07 July 2025
Argentina is strengthening its position as the next major regional gas supplier while eyeing a prominent role in the global LNG market.
News Release
Latin America's top economies raise the game in renewable power
- 08 July 2025
According to the “Benchmarking Latin America energy markets” report from Wood Mackenzie, Latin America is making progress in reducing its carbon emissions and adopting more sustainable energy sources.
News Release
Global PV inverter shipments grew by 10% in 2024 to 589 GWac
- 10 July 2025
Global PV inverter shipments grew by 10% to 589 gigawatts alternating current (GWac) in 2024. Asia Pacific, led by China, accounted for nearly all global growth, while the US and Europe declined.

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Search results: 5288

Carbon removal projects need to ramp up massively to meet future needs

Study shows more U.S. LNG is needed to curb Asia’s surging coal use

Record year for Chinese overseas power projects: 24 GW installed in Belt & Road countries

India needs US$4.3 billion government support to enable CCUS adoption

China's steel industry at critical crossroads of overcapacity and green transition

12846 related products from the Store that match

Southern Energy LNG Phase 1

L44/43, L33/43 & SW1A and L53/48

Copper production to become a growth driver in 2025 as capital allocation strategies diverge in mining

US wind market installations hit a decade low

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

India's new carbon market methodologies set offset landscape

US energy dominance faces long-term challenges

The oil industry nervously stands by: Tariff uncertainty and price volatility are threats to supply, investment and the service sector

In 2025, Up to 3.5 Mcmd in play as spot gas market challenges firm contracts in Brazil

Despite surging power demand, gas-fired power faces manufacturing constraints that could limit near-term growth

Proposed US House budget reconciliation bill poses many challenges to renewable energy industry

Key renewable energy takes away from Australia’s federal election

Middle East and North Africa solar manufacturing capacity to reach 44 GW by 2029, driven by vertically integrated strategy

Lithium market volatility rises as supply surge faces the trade tension and deflationary pressure

Indonesia faces potential gas supply shortfall, Wood Mackenzie warns

Global energy landscape: how three tariff scenarios reshape the future

Australia's East Coast gas market faces complex challenges with no easy solutions

Geothermal energy poised for transformation: Wood Mackenzie explores emerging next-gen technologies

Australia risks losing edge in global hydrogen race as projects stall, warns Wood Mackenzie

US adds 8.6 GW of new solar module manufacturing capacity, one of the strongest quarters of growth in its history

Latin America embraces unconventional oil and gas exploration

ExxonMobil crowned most-admired upstream explorer in Wood Mackenzie 21st annual exploration summit survey

Wood Mackenzie forecasts trillion-dollar boom in carbon offsets and CCUS markets by 2050

Energy Storage Market Continues Strong Growth in Q1 2025

Argentina to peak at 180 Mmcd, becoming regional gas supplier and LNG exporter, says Wood Mackenzie

Latin America's top economies raise the game in renewable power

Global PV inverter shipments grew by 10% in 2024 to 589 GWac

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