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We explored how the market for EVs might develop in Part 1. This week Ed Rawle, Head of Oils Research, chats about the implications for global oil demand.
By 2025, wind, solar and battery costs will fall by 15%, 25% and 50%, respectively, and renewables are expected to double in capacity to account for 67% of South Australia’s total power capacity.
Oil and gas prices aren’t the only things that have fallen — renewable energy costs have, too.
On 01 June 2017, President Trump took the first step on the road to reconsidering the best way to meet our climate challenges.
Energy systems have been transformed by regulation and the progress of technology. Global awareness of climate change will only accelerate this trend. Understand how increasing the rate of growth of alternatives to fossil fuels will change energy markets the world over.
China and the US — the world’s biggest greenhouse gas emitters — have performed a spectacular U-turn on climate change policy.
President Donald Trump announced yesterday his intention to withdraw the US from the Paris Agreement on climate change, which aims to limit global temperature change to 2°C above pre-industrial levels.
To limit greenhouse gas emissions, many countries have already increased focus on energy efficiency, renewable energy and switching away from coal. But will it be enough?
According to Verisk Maplecroft’s Climate Change Vulnerability Index, 18 of the 20 most vulnerable countries to climate change are found in COP22’s host continent.
Electric vehicles are rising in global popularity and the European market has seen 160,000 EVs flood the market in the past three years.
The market used to worry about peak oil supply. Now the focus has shifted. With the world now considering a structural decline in oil demand, which sectors will feel the greatest impact?
Our take on key themes, from installations projections to cell manufacturing capacity, the potential impact of the Trump administration energy agenda and the future of the IRA.
Soaring solar and storage bring in the Lunar New Year of the Snake.
What do businesses need from governments to advance climate progress? Find out on the latest Energy Gang episode.
Is CCUS the solution to Net Zero, or a temporary fix? Sylvia Leyva Martinez and Wood Mackenzie experts discuss the key policies and challenges shaping its future.
We expect renewables to remain competitive, and while protectionism will rise, a full repeal of Inflation Reduction Act (IRA) is unlikely
Live from COP29, Ed Crooks talks to top experts about US policy changes, carbon tariffs and why the best energy is the energy we don’t use.
Africa’s energy statistics make for a disappointing read. As world leaders meet this week for the COP29 talks, some 600 million Africans still have no access to electricity and per capita energy consumption remains the lowest globally.
A new Trump administration will have huge influence across both the domestic and international arenas. Introducing more import tariffs, abandoning climate policy and resolving conflicts are all high on the agenda. There are major implications for the energy and natural resources sectors.
What’s top of the agenda at COP29? The Energy Gang is live from day one at COP29, where industry leaders are debating climate finance.
A new Republican administration signals sweeping policy changes, from emissions standards and EV subsidies to battery tariffs and import rules. How could these shifts disrupt commodity supply chains, alter EV adoption rates and redefine opportunities for automakers and battery producers worldwide?
The COP29 climate talks began on Monday with climate finance at the top of the agenda. A meaningful deal would show the international effort to tackle climate change is still alive. Failure could further delay the transition to low-carbon energy.
How can the solar industry navigate IRA uncertainties to maximise growth opportunities?
AI needs data centres, which need power. If AI is a national security priority, then so is electricity. That principle will shape the Trump administration’s policies. Gas-fired plants will be favored, but low-carbon energy could benefit, too.
The decoupling of US electricity demand from economic growth over the last seven decades is set to reverse amid burgeoning data centre development, a resurgence in energy-intensive US manufacturing, and more transport and heating electrification - resulting in electricity demand growth not seen since the 1990s
We explore the market trends and challenges affecting the long-term outlook
Total renewables capacity in the region is set to grow by 750% over the next 10 years.
We explore the impact of China's new rules on solar PV overcapacity, pricing and market dynamics
The impact of Chinese EVs, ambitious NOCs, the Saudi storage boom and more, as Wood Mackenzie analysts look ahead to next year
We continue our analysis of safety developments for energy storage and batteries with guests, Andrew Tattersall is Industrial Vertical Market Lead for batteries at Siemens and Dr Kai-Phillip Kairies is Co-Founder of Accure Battery Intelligence.
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