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News Release
Renewable power competitiveness in Asia Pacific worsened in 2022
- 14 二月 2023
The levelised costs of electricity (LCOE) for utility solar and onshore wind in Asia Pacific were up 16% and 12% respectively since 2020, as equipment, construction costs and interest rates rose in the region. The trend is expected to reverse in 2023, but volatility risks including geopolitical tensions, trade policy and financing remain according to latest analysis from Wood Mackenzie.
News Release
Global wind power cumulative installed capacity to hit 2.38TW in 2032
- 20 九月 2023
Increased activity in Western markets and Africa will drive a ten-year compound annual growth rate of 10.1% for grid-connected wind power, leading to 2.38 terawatts (TW) of cumulative installed capacity at the end of 2032, according to Wood Mackenzie.
News Release
China leads global wind turbine manufacturers’ market share in 2023
- 01 五月 2024
China accounted for 65% of global wind capacity in 2023, which pushed four Chinese wind turbine original equipment manufacturers (OEM) into the top five global rankings, a first for the sector. With a record of 16.3 gigawatts (GW) capacity installed, Goldwind maintained the leading position for the second consecutive year.
News Release
Global nuclear SMR project pipeline expands to 22 GW, increasing more than 65% since 2021
- 07 三月 2024
The small nuclear reactor (SMR) project pipeline reached 22 GW in the first quarter of 2024, an expansion of 65% since 2021, according to a recent report by Wood Mackenzie. The current total project pipeline would require an investment of close to US$176 billion.
News Release
Solar installations skyrocket in 2023 in record-setting first full year of Inflation Reduction Act
- 06 三月 2024
The U.S. solar industry added a record-shattering 32.4 gigawatts (GW) of new electric generating capacity in 2023, a 37% increase from the previous record set in 2021 and a 51% increase from 2022.
News Release
Cumulative US community solar installed capacity expected to break 14 GWdc by 2028
- 21 二月 2024
US cumulative community solar installations are forecasted to break 14 gigawatts direct current (GWdc) in existing state markets by 2028, according to the latest report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA).
News Release
Carbon intensity regulation to make or break global low-carbon hydrogen market
- 15 二月 2024
The future of low-carbon hydrogen hinges on global policymakers introducing regulations and subsidies that focus on the carbon intensity of the hydrogen produced rather than its colour.
News Release
Wood Mackenzie appoints Xizhou Zhou as new head of Power and Renewables Business
- 04 六月 2024
Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Xizhou Zhou EVP and Head of Power and Renewables, effective 3 June.
News Release
US commercial solar project acquisitions see dramatic price variation over 2018-2021
- 08 六月 2022
US commercial solar project acquisitions continue to attract investor attention as interest in ESG investing grows. Today’s buyers and sellers of commercial solar projects are contending with the opposing dynamics of higher interest rates and increasing power prices. These findings come from the Commercial Solar PV Project Acquisition Trends report released today by Wood Mackenzie, a Verisk business (Nasdaq: VRSK), and Open Energy Group (OEG), a technology-driven marketplace for renewable energy asset sales and project finance.
News Release
Look beyond bid price and lease fees to win in trillion-dollar offshore wind sector
- 18 五月 2022
Cumulative global capex spend in the offshore wind sector is expected to hit US$1 trillion by 2031, according to a new report by Wood Mackenzie. However, investors will no longer only be competing on price alone.
News Release
How the energy transition can reduce the risk of future shocks
- 21 四月 2022
Five key lessons from today's energy crisis on how to manage the shift to lower-carbon sources while strengthening energy security
News Release
Global lithium-ion battery capacity to rise five-fold by 2030
- 22 三月 2022
Global cumulative lithium-ion battery capacity could rise over five-fold to 5,500 gigawatt-hour (GWh) between 2021 and 2030, says Wood Mackenzie.
News Release
Utility evolution in Africa to reshape global electricity demand
- 17 三月 2022
Sub-Saharan Africa offers an alternative vision of how the energy transition will change power generation, according to research released today by global energy consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK).
News Release
Sweden could become a pioneer in green steel production
- 21 十二月 2021
Sweden has shown it has potential to become a pioneer in green steel production, says Wood Mackenzie.
News Release
Global installed wind power capacity set to grow by 9% to 2030
- 15 十二月 2021
Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie.
News Release
Next commodities supercycle will be driven by global energy transition
- 15 七月 2021
Another commodities supercycle is on the horizon, but it will be different from any that have come before. Fossil fuels won’t be in the vanguard and the winners will be the industrial metals needed to electrify society - cobalt, lithium, copper, nickel, and aluminium.
News Release
Chinese NEV and HEV sales to rise over 15-fold by 2035
- 23 三月 2021
Sales of China’s new energy vehicles (NEV) and hybrid electric vehicles (HEV) combined are expected to rise 15-fold or more by 2035 with their share in total new car sales exceeding 80%, says Wood Mackenzie.
News Release
Greentech Media's integration with Wood Mackenzie
- 12 二月 2021
Wood Mackenzie acquired Greentech Media in 2016 and in 2019 integrated the GTM research practice into our ever-expanding Power and Renewables research team. Since then we have continued to use greentechmedia.com and GTM Squared as vehicles to present green technology and renewables news. Recognising the strategic importance of the energy transition to Wood Mackenzie, the time has now come for us to fully integrate Greentech Media.
News Release
Renewables in most of Asia Pacific to be cheaper than coal power by 2030
- 26 十一月 2020
Wood Mackenzie’s latest report shows most markets in Asia Pacific can expect to see cheaper levelised cost of electricity (LCOE) for renewables compared to coal by 2030.
News Release
Five consequences of a Biden administration for US energy
- 07 十一月 2020
Joe Biden offered American voters a radically different vision of energy policy from President Donald Trump, focused on addressing the threat of climate change. He will enter the White House with a goal of setting the US on course for net zero greenhouse gas emissions by 2050 and will take the US back into the Paris climate agreement.
News Release
Southeast Asia’s wind power needs US$14 billion new investments by 2030
- 22 九月 2020
Southeast Asia’s wind power sector requires at least US$14 billion of investments by 2030, says Wood Mackenzie. This is to support the 8.9 gigawatts (GW) of new wind power capacity that Wood Mackenzie expects to be added between 2020 and 2029.
News Release
UK can lead world in net zero energy technologies – but investment is critical
- 16 九月 2020
Wood Mackenzie today delivered a comprehensive roadmap for the North Sea’s future to the OGTC, setting out the critical technologies needed to deliver an integrated net zero energy system on the UK Continental Shelf (UKCS), positioning the UK as a world-leader in the move to a low carbon world.
News Release
Utilities drive Q2 growth in US as pandemic causes drop in rooftop solar installations
- 10 九月 2020
The US solar market installed 3.5 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q2 2020, a drop of 6% from Q1 installations. At the same time, utility-scale solar remained resilient despite the Covid-19 pandemic, representing 71% of all new solar capacity brought online in Q2.
News Release
Biden loss would end hopes of US decarbonisation before 2050
- 01 九月 2020
The outcome of the 2020 US presidential election will dictate the pace of decarbonisation for decades, according to new research from Wood Mackenzie.
News Release
Green hydrogen cost to halve by 2030 - a boost to South Korea’s hydrogen ambitions
- 20 八月 2020
Onsite green hydrogen production cost is expected to halve by 2030, signalling a boost to South Korea’s hydrogen ambitions, says Wood Mackenzie.
News Release
China to add 251GW of new wind capacity by 2029
- 03 八月 2020
China is expected to add 251 gigawatts (GW) of new wind capacity between 2020 and 2029, says Wood Mackenzie. The country’s wind power market could reach a cumulative grid connected capacity of 461GW by the end of the decade.
Comment
Woodside takes impairment but is a US$80 carbon price the bigger news?
- 15 七月 2020
Wood Mackenzie analysts delved deeper into implications of Woodside's announced US$80 carbon price.
News Release
US offshore wind powers up
- 23 六月 2020
The US offshore wind industry is set to power up over the coming decade. New research from Wood Mackenzie shows that as the sector ramps up from near-zero today, it could deliver as much as 25 gigawatts (GW) in 2029, capturing almost half of the US market for new wind power installations.
News Release
Annual solar repairs and maintenance spend to grow to $9 billion by 2025
- 22 六月 2020
Solar power systems nearing inverter end of life currently account for 5% of the global PV market. This number will grow to 16% - or 227GWDC of solar systems - by 2025, according to new research by Wood Mackenzie.
News Release
US energy storage market sees strong first quarter despite coronavirus
- 02 六月 2020
The United States energy storage sector saw a strong first quarter, with residential storage setting another record while the non-residential market had its third-strongest quarter on record.

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