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Low-carbon hydrogen demand in refining could reach 50 Mtpa by 2050

09 六月 2022

Potential low-carbon (green or blue) hydrogen demand from the global refining sector could reach 50 million tonnes per annum (Mtpa) by 2050, says Wood Mackenzie.

News Release

US energy storage market sets Q4 record for new installations

24 三月 2022

The US energy storage market set a new record in the fourth quarter of 2021, with new system installations totalling 4,727 megawatt hours (MWh).

News Release

Community solar sector to beat earlier 5-year forecast by 9%

08 二月 2022

The U.S. community solar market is poised to continue growing over the next five years, adding 4.5 gigawatts (GW) of capacity, a 9% increase on previous projections. Expanded programs and new initiatives will boost development, but interconnection challenges may hamper the sector, according to new research released today by Wood Mackenzie, a Verisk business (Nasdaq: VRSK), carried out in collaboration with the Coalition for Community Solar Access (CCSA).

News Release

U.S. storage market sets new installation record in Q3 2021

09 十二月 2021

The U.S. energy storage market set a new record in the third quarter of 2021, with new system installations totalling 3,515 megawatt hours (MWh). Wood Mackenzie, a Verisk business (Nasdaq: VSK), and the U.S. Energy Storage Association’s (ESA) latest U.S. Energy Storage Monitor report, released today, said with market momentum building, it is likely this storage market record will be broken in the fourth quarter.

News Release

Can the US rise to meet the net-zero emissions challenge?

16 九月 2021

US President Joe Biden has a transformational goal: he wants the country to achieve net-zero emissions by 2050, building on the net-zero power sector he wants in place by 2035. Can the US meet this challenge? According to new research released today by global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), the US is likely to struggle to achieve Biden’s ambitions. Technological limitations, policy design, market structures and even the United States’ political and constitutional foundations may hamper progress.

News Release

US solar market passes 100 GW milestone

15 六月 2021

The US solar market surpassed 100 gigawatts (GWdc) of installed electric generating capacity, doubling the size of the industry over the last 3.5 years, according to the US Solar Market Insight Q2 2021 report, released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

News Release

US energy storage market sets Q1 record for deployments

08 六月 2021

According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor’ report, 910 megawatt-hours (MWh) of new energy storage systems were brought online in Q1 2021. This is an increase of 252% over Q1 of last year, making it the biggest Q1 so far for the US storage market.

News Release

Commercial electric vehicle charging equipment market worth over $870 billion by 2050

10 三月 2021

Government funding and zero-emission vehicle regulations are strong drivers for commercial electric vehicle (EV) adoption in every region thus far, therefore reducing the primary barrier to commercial EV adoption: cost. This policy support will see the annual market value of electric bus and truck charging outlets pass the $200 billion mark by 2045, according to Wood Mackenzie.

News Release

PV module innovations to help drive down solar costs in coming decade

19 十月 2020

The global solar industry has experienced tremendous growth in the past decade as the annual demand for solar rose year after year while the cost of solar declined significantly. In the 2020s, solar module costs will continue to fall, albeit at a much slower rate. Instead, improvement in module efficiency and power class will propel the declining capex trend forward and ultimately lower the solar levelised cost of energy (LCOE), new research from Wood Mackenzie found.

News Release

Asia Pacific power generation could attract US$1.5 trillion investments this decade

08 九月 2020

Wood Mackenzie’s latest report shows that the power generation sector in Asia Pacific could attract US$1.5 trillion worth of investments over the decade ending 2030.

News Release

Renewable energy could reduce Asia Pacific LNG plant emissions by 8%

17 八月 2020

Using renewable energy to power liquefied natural gas (LNG) plants in Asia Pacific could reduce emissions by about 8%, says Wood Mackenzie.

News Release

Mexico, Central America and Caribbean power up with record wind capacity

18 六月 2020

Mexico, Central America and the Caribbean saw a record 1,830 megawatts (MW) of new wind power capacity installed across the region in 2019 – a 126% year-on-year increase in additions, according to new research from Wood Mackenzie.

News Release

Covid-19 lockdown hits global solar PV market

09 四月 2020

The coronavirus pandemic will have a significant impact on the global solar PV market. Construction and development is slowing as countries around the world enforce unprecedented lockdowns. As the world economy faces severe economic disruption, Wood Mackenzie has downgraded its forecast for 2020 installations from 129.5 gigawatts (GW) to 106.4 GW, a reduction of 18%.

News Release

Global electric vehicle sales to drop 43% in 2020

08 四月 2020

Global electric vehicle (EV) sales closed at 2.2 million in 2019. This number is expected to drop 43% to 1.3 million by the end of 2020, according to new research from Wood Mackenzie.

News Release

Coronavirus could derail energy storage growth in 2020

01 四月 2020

If coronavirus containment measures continue to curtail movement of goods and people through Q2 this year, alongside an economic downturn, the market impact could trim Wood Mackenzie’s 2020 global energy storage deployments forecast by 19%.

News Release

Off-grid energy key to power growth in emerging markets

11 三月 2020

Approximately $2.1 billion in cumulative disclosed corporate-level investment was deployed into off-grid energy access markets between 2010 and 2019.

News Release

2020s to be decade of emerging solar PV markets

25 二月 2020

The next decade is set to deliver more of the same for solar PV, according to Wood Mackenzie.

News Release

Solar power to become cheaper and more efficient in 2020s

04 二月 2020

Solar system prices will continue to drop over the next decade, driven by advances in module efficiency, manufacturing, labour practices and software, according to Wood Mackenzie.

News Release

Cheaper electric cars could help Tesla hit targets by mid-2020s

09 一月 2020

In Q3 2019, Tesla announced its plans to capture 1% of all car sales globally. With its current portfolio of luxury cars, the company is unlikely to meet that target by the end of the decade. However, if it launches an entry-level car priced at $25,000, Wood Mackenzie projects that Tesla will meet the 1% target as early as 2024.

News Release

Top three western wind turbine OEMs to control 60% of market by 2028

11 十一月 2019

After a decade of fragmentation, the top five global turbine OEMs are strengthening their hold on the industry. By 2028, they are expected to control three quarters of the sector.

News Release

Wind power outlook in Eastern Europe and Russia upgraded by 17% QoQ over next decade

25 九月 2019

An auction-triggered awakening in Poland and a growing confidence in developers' ability to comply with local content requirements in Russia led to a 17% wind power capacity increase QoQ in Eastern Europe and Russia, according to new research from Wood Mackenzie.

News Release

China’s e-bus stock to surpass 1 million mark by 2023

16 九月 2019

Fuelled by public policy and declining battery costs, global electric bus adoption is set to triple by 2025. The Chinese market - the most promising in this sector - will surpass the 1 million e-bus mark by 2023 and reach 1.3 million by 2025, according to new research from Wood Mackenzie.

News Release

Unplanned wind turbine repairs to cost industry $8 billion+ in 2019

03 六月 2019

Global onshore wind O&M costs will reach nearly $15 billion in 2019. Of that number, 57% - or $8.5 billion – will be spent on unplanned repairs and correctives caused by component failures, according to new research by Wood Mackenzie Power & Renewables.

News Release

Asia-Pacific offshore wind capacity to rise 20-fold in next decade

24 十月 2018

New research from global natural resources consultancy Wood Mackenzie indicates Asia-Pacific's offshore wind capacity will rise 20-fold to 43 GW in 2027.

News Release

Is the end of the global energy transition closer than we think?

17 十月 2018

Is the Global Energy Transition on track? A new report by Wood Mackenzie, Thinking global energy transitions: the what, if, how and when, explores the forces shaping the energy transition, and pinpoints the sustainability tipping point – when the world shifts from the age of oil and gas to the age of power and renewables – will arrive by 2035.

News Release

US solar market ready for rebound after tumultuous first half of 2022

08 九月 2022

Inflation Reduction Act and tariff pause provide market optimism following Q2 slowdown

News Release

Climate policies trigger 1.9% upgrade QoQ in global wind power

03 十月 2022

Global wind power is expected to see an 1.9% increase of installed capacity Quarter on Quarter (QoQ), an equivalent of 25.6 gigawatts (GW), between 2022 and 2031 according to Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

News Release

Veritas Capital completes acquisition of Wood Mackenzie

02 二月 2023

Veritas Capital (“Veritas”), a leading investor at the intersection of technology and government, today announced that an affiliate of Veritas has completed the purchase of Wood Mackenzie from Verisk (Nasdaq: VRSK).

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

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.

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