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Despite being both the world’s largest energy market and largest carbon emitter, China’s position has long been that responsibility to reduce global emissions rests with rich countries: you broke it, you fix it.
Why doesn't Europe’s energy storage capacity match its renewables ambitions? And what lessons can it learn from leading markets?
In the build up to COP27, countries around the world made pledges to reach net zero around the middle of the century. How are they all faring on those pledges and is the world is on track for a 1.5c pathway?
A slowdown in the hydrogen project pipeline at the end of 2022 was counterbalanced by record electrolyser manufacturing announcements.
Europe needs gas, and Africa has plenty of it – but planned exports are fraught with risk
The oil and gas industry has proved its resilience in recent years – but wherever you look there are more costs and more risk. Can it rise to the sustainability challenge?
Henry Hub gas prices have fallen as concerns of oversupply rise – a multitude of supply responses may be necessary.
With price volatility in the oil and gas industry looking increasingly endemic, financial flexibility is more crucial than ever. Wood Mackenzie has created its inaugural North Sea Financial Flexibility Index (FFI) to determine which companies are best placed to survive – and thrive – in the North Sea.
Scrap could help to decarbonise the metals and mining industry, and fill a looming supply gap – but policy change will be crucial.
When President Xi Jinping spoke of the risks of ‘tech wars’ at the World Economic Forum’s virtual Davos Agenda event on Monday, there was little doubt who he was aiming at. At a White House briefing later that day, press secretary Jen Psaki stated that “Technology is of course at the centre of US-China competition.”
The Euro Majors’ huge renewables ambitions mean the winds of change are blowing. Who’s getting involved in offshore wind? What strategies are emerging? And what does it mean for the future of the sector?
The ongoing growth in wind and solar capacity in Europe is contributing to the emergence of an increasingly volatile and short-term spot market for electricity. How will trading dynamics evolve?
Market activity is picking up for Petrobras – developments are moving forward quickly, while exploration remains slow.
The Inflation Reduction Act delivers a significant demand boost for US solar – but proposed domestic content guidelines pose a challenge for renewable developers.
According to a Reuters report, North Sea producer Harbour Energy is in talks with GoM-focused Talos Energy over a potential merger. Conslidation continues to drive upstream M&A as companies look to increase resilience and diversify portfolios.
How can Australia transition from traditional upstream to advantaged energy super basins, and why is action needed?
Global solar PV installations of nearly 270 GWdc are expected in 2023 – and the buildout will continue to accelerate.
Government funding and innovative business models are driving the electrification of the US drayage sector.
What has changed since the landmark US policy was passed and what does it mean for the energy transition?
Motivated by climate policy and climate change vulnerabilities, the major mining companies have embraced operational net zero targets by or before 2050. But when it comes to Scope 3, there is a lack of consensus on targets.
Attractive economics and the need for advantaged barrels bode well for future exploration
China’s regas terminals have progressed fast recently, supporting supply diversification. But low utilisation rates are challenging business models
Domestic manufacturing announcements have exploded, but developing solar projects are on pause pending clarity on various IRA provisions.
European gas prices will remain volatile through the winter, but low gas demand could see 20% European gas price fall in summer 2024 compared to the current forward market.
Last week in London, we hosted the Wood Mackenzie Hydrogen Conference 2023, which shone a light on the most pressing challenges and opportunities in the hydrogen space. From reconciling supply and demand to growing electrolyser efficiency, we recap some of our biggest learnings from the event
Africa is blessed with abundant oil and gas resources but stands at a crossroads. The continent is yet to realise the full potential of its energy wealth.
Developing Africa’s huge natural gas reserves is essential for growing export revenues and supporting domestic economic growth.
We are at an unprecedented point in time where the entire commodity petrochemicals industry is in a downturn. Where do we expect chemical margins to end up this year and what can producers do to tide through the downturn?
As rates of bus electrification continue to rise globally, fleet operators are looking to a novel solution to drive down costs and smooth the transition: vehicle-to-everything (V2X). What’s the potential of this technology, and what stands in the way of commercialisation?
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