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Latin America will install 11.3 GWdc of solar PV capacity in 2021 for a total of 71.9 GWdc by 2026, driven by commercial and industrial clients in the free market (mainly in Brazil and Chile), as auctions take a less meaningful role for procurement.
Gas and LNG have an important role to play in realising a 1.5-degree scenario by 2050 – but the resulting market would be nearly unrecognisable.
In the long term, flexible assets will play a critical role in mitigating the impacts of renewable power.
With less than 30 years left to achieve a net zero energy system, it is necessary to focus on the solutions that will have the greatest impact and move fast.
For any country to embrace a nationwide transition to 100% renewable energy (RE100) or zero carbon (ZC100) emissions constitutes a massive disruption with far-flung economic and social repercussions. In this complimentary report, Dan Shreve, research director for power and renewables, examines the operational challenges associated with RE100 policies. Get the highlights here or fill in the form to access the full report.
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?
Will Volkswagen outpace Tesla to become the world’s biggest electric vehicle manufacturer? Wood Mackenzie answers your frequently asked questions about Volkswagen’s electric vehicles business
Emissions in energy-intensive industries are no longer just a compliance or ESG issue but a key commercial decision variable for firms.
Wood Mackenzie's Q1 2026 analysis shows US data centre developers are concentrating investment on advancing existing projects rather than launching new ones, as regulatory complexity, grid constraints and rising infrastructure demands reshape development priorities
India ranks third globally in renewable energy installation and is working towards the ambitious target of non-fossil fuel supply of 500 GW by 2030
Cheaper batteries, faster charging and greater ranges will make the 2020s the decade of the electric vehicle. Latest analysis from Ram Chandrasekaran.
It’s impossible not to be moved by the human and environmental disaster wreaked by recent fires across so much of eastern and southern Australia. For those of us outside the country, the harrowing images on television and the internet of course tell only a fraction of the story. Through the incredible dedication of Australia’s firefighters – both professionals and volunteers – and recent rainfall, the bushfires mercifully now appear be coming under control.
No other power-generation technology matched solar’s pace of cost reduction this past decade. The game will change again in the 2020s.
The rise of renewables and dispatchable demand is putting power markets to the test. A redesign is vital.
Opposing dynamics – from escalating supply chain constraints to the Build Back Better (BBB) Act – could drive the biggest fluctuations in near-term US solar capacity since 2016.
Given the right market and policy environment, green hydrogen has potential as a key driver for the net zero goals of many nations who participated in COP26.
Low-carbon ammonia is emerging as a carrier of choice for hydrogen exports, but it’s not without its challenges.
There’s no shortage of ambition or growth potential in the power and renewables sector. But while energy transition momentum builds, near-term risks have also risen.
As power price records continue to get smashed – and net zero ambitions soar – what does the coming year have in store for European power and renewables?
An estimated 18 GW of wind, solar and storage is expected to come online in Latin America in 2022, representing 9% growth year-on-year.
Expanded incentives and program allocations boost the forecast for US community solar – but siting and interconnection challenges are growing.
Combined with existing market tightness, concerns over disruption to Russian energy supplies in the event of conflict in Ukraine have pushed spot prices towards record levels. Across virtually all energy and natural resources, backwardation is back with a bang.
A strategic partnership between Oman and bp highlights the importance of location in green hydrogen project economics.
US solar will face supply chain constraints in 2022. Installations will continue to be challenged by limited equipment, higher pricing and trade and policy.
The grid-scale and distributed battery storage segments have delivered record-breaking growth in the US – despite challenges and project delays.
Energy access is still a dream for many, including families in Puerto Rico still struggling with an unstable power grid in the aftermath of Hurricane Maria.
With the cost of green hydrogen set to plummet, demand will soar – but policy support and investment of at least US$600 billion is required.
China will account for almost half of new wind capacity over the next decade – but wind remains a global growth story, with the US and Germany leading the rest of the pack
This week's Russia/Ukraine briefing focuses on European power markets.
Everything across Asia’s power sector is heading north. With electricity demand continuing to climb, power prices are being pushed significantly higher by increasing fuel, equipment, land, and labour costs. Rising interest rates add further complexity.
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