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Decarbonisation efforts in the steel industry could hinder circularity of Zinc, warns new study
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 ...
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...
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.
Solar, wind, and energy storage forecasts potentially downgraded, while 95% of announced green hydrogen projects are at risk.
The average global value-in-use (VIU) iron ore cost for Q4 2025 is US$60.5/t on a 62% Fe fines, CFR China basis. This cost is up 1.1% from Q3 2025 and 1.0% year-on-year. The average global value-in-use (VIU) iron ore cost for Q4 2025 is US$57.5/t on a 61% Fe fines, CFR China basis. We have updated Australian, Brazilian and Indian iron ore costs for Q4 2025. In 2025, a strong dollar will offset…
The global gas and LNG industry confronts unprecedented uncertainty as multiple energy transition scenarios reshape demand trajectories and investment strategies through 2050. In addition to our base case, Wood Mackenzie's Energy Transition Outlook 2025 identifies three distinct pathways that could fundamentally alter industry dynamics over the next three decades: Delayed Energy Transition, Net…
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.
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.
Now in its third year, Wood Mackenzie's Carbon Capture, Utilization and Storage Conference 2025 will bring together expert analysts and industry leaders in Houston, October 8-9.
Japan's data centres will consume as much electricity as 15 million to 18 million households by 2034, driving 60% of the country's total power demand growth as hyperscalers invest US$28 billion (4 trillion yen) following the government's selection of Oracle, Google, and Microsoft as official cloud providers, according to new Wood Mackenzie analysis.
The virtual power plant (VPP) market grew rapidly over the last year, reaching 37.5 GW of behind-the-meter flexible capacity, according to a new report from Wood Mackenzie.
Wood Mackenzie, the global insight business for renewables, energy, and natural resources, today announced a strategic data partnership with Novi Labs, enhancing its Lens Lower 48 solution with the industry's most accurate well-level production data and advanced lease-to-well algorithms.
The UK could boost North Sea oil and gas production while remaining within the strictest international climate pathways, according to new Wood Mackenzie analysis. The research comes as the government mulls the basin's future following a consultation process.
The global power sector faces a stark divide in carbon capture economics, with Chinese developers claiming dramatic cost advantages whilst European utilities confront prohibitive expenses that render most projects uneconomic.
Global copper demand is set to surge 24% by 2035, rising by 8.2 million tonnes per annum (Mtpa) to 42.7 Mtpa, according to a new Horizons report from Wood Mackenzie, ‘High-wire act Is soaring copper demand an obstacle to future growth?’ Growth will be driven by traditional economic development al...
Brazil's free gas market has reached a milestone with 13.3 million cubic meters per day (Mcmd) migrating from traditional distribution channels through September 2025, driven by market liberalisation that is fundamentally reshaping the country's energy landscape, according to a recent report by W...
Pre-salt acreage offered in Brazil’s 2019 exploration bid rounds will attract big spenders. Asian NOCs may seek to diversify supply in midst of uncertainty.
Will this deflationary period last?
The momentum is clear, despite COVID-19 impacts in 2021
Weakness in the global markets for solar modules and batteries is pushing down system costs in the United States
Brazil pre-salt 2019 bid rounds are approaching. Wood Mackenzie analyses acreage on offer, including four massive discovered resource opportunities (DROs).
Shell's shift to a lower carbon footprint will transform it from one of the biggest oil companies in the world to the world's largest electricity company.
What's going on at #OTC50? Wood Mackenzie research analysts offer their live reactions to the buzz at the 50th Offshore Technology Conference in Houston. Follow live updates #WOODMACLIVE.
In Wood Mackenzie’s 2018 Global Upstream Cost Survey the message was clear: across the industry cost increases are coming back.
The call for action to cut carbon emissions is intensifying. How will oil and gas companies respond to pressure, while continuing to grow and meet growing demand? Simon Flowers examines the issues at play.
The electric vehicle exuberance has been gaining traction in recent years. Governments are setting ever more aggressive targets on internal combustion engine bans, while automakers have been jockeying to outdo each other by laying out bullish production plans for new electrified models.
We're seeing phenomenal growth in China's LNG demand, driven by government-mandated coal-to-gas switching. Serious air pollution issues have led to new environmental policies prompting a reduction in coal in favour of cleaner fuels, including gas. How can China ensure local gas demand is met, without the price hikes seen last winter?
Dynamic asset benchmarking for polyethylene unit
Final Investment Decisions (FID) in 2017 more than doubled from 2016. We look at the cost cutting that has led to the jump and which projects are likely to get sanctioned next year.
We called 2013 the year of peak global thermal coal consumption, and it was also the first time that China’s services sector contributed more to GDP than its industrial sector.
Ashima Taneja discusses exploration results in Asia Pacific in 2017 and highlights the key wells to watch in 2018 with Angus Rodger, Research Director and Matthew Howell, Senior Analyst.
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