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The Inflation Reduction Act delivers a significant demand boost for US solar – but proposed domestic content guidelines pose a challenge for renewable developers.
'Business as usual’ is incompatible with net zero ambitions
The US, Canada and Latin America face different dilemmas in the drive to decarbonise
Decision makers need to consider an increasingly complex range of factors when choosing equipment suppliers.
While the roadmap for power and renewables investing may not be straightforward, it’s worth understanding all the factors at play. Deciding where to play in the risk-reward spectrum is increasingly challenging, but the returns are set to be more rewarding than ever.
What made Germany’s 7 GW offshore wind tender so attractive – and what does it mean for other governments?
But some elements of the crisis will leave a lasting effect.
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?
Solar-plus-storage is growing, but only 12% of distributed solar installations were paired with batteries in 2022.
Global economic volatility highlights the importance of managing supply chain risk. We identify three priorities for success.
Standout oil well performance in New Mexico, Saudi Aramco confirms its new dividend plan, the EU backs CCUS projects, the latest on superconductivity hopes, and more
Why investing in hydrogen remains a US$2 trillion investable opportunity to 2050
How Lens Hydrogen is helping manufacturers, OEMs, chemicals, heavy industry and governments to capitalise on the US$2 trillion hydrogen opportunity
The Netherlands has halted all interconnections for non-residential loads and generation as its grid has reached capacity – can the US avoid a similar scenario?
Upstream will play a crucial role in developing clean energy. Policy needs to support this, as well as foster a favourable environment for decarbonisation technologies.
Domestic manufacturing announcements have exploded, but developing solar projects are on pause pending clarity on various IRA provisions.
As demand for gas grows, it poses challenges for global climate goals. Suppliers will come under increased pressure to curb their emissions.
With ongoing oversupply issues, the battery market is in flux. As lithium-ion production continues to grow around the world, can demand keep up?
How Wood Mackenzie is helping investors, utilities and OEMs to unlock success in low-carbon hydrogen; our key to a more sustainable future
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
The landmark bill promised to unlock unprecedented levels of cleantech investment while reigniting US manufacturing. But has its lofty expectations lived up to the hype? We explore how the IRA has created seismic changes in PPA markets, propelling US solar growth, and more.
Change is afoot in the global solar photovoltaic (PV) operations and maintenance (O&M) market, as illustrated by the recent announcement of RES Group’s (Renewable Energy System) intention to acquire Ingeteam. We expect more M&A activity across the renewable technologies service industry.
From Paris Agreement goals to the global stocktake, here’s what you need to know about COP28.
Nordic power markets have long been defined by their ample hydro resources, but the make-up of supply will evolve as new wind capacity serves a major expansion of demand.
The scorecard, based on Wood Mackenzie microgrid project and market data, shows that all but four states fall short of a ‘B’ grade. Until policy reform delineates microgrids from traditional utilities, developers will remain hamstrung by unclear rules and arbitrary restrictions.
Next year, US residential solar will experience its first annual contraction since 2017
How much progress has been made against Paris Agreement goals – and how much of a course correction is needed?
Healthy project returns will require effective procurement strategies, project execution and asset management
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