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Passage of the Build Back Better Act is by no means certain, but if it passes, it could have a dramatic effect on the US solar industry, supercharging its growth.
European voters just threw a spanner in the works of the EU’s 2030 decarbonisation targets. Last month’s European parliamentary elections saw a dramatic shift in power to nationalist and populist parties, which tapped into, among other issues, voter scepticism over the pace and sheer cost of the energy transition. We look at the impact of the elections on tackling climate change.
Intraday and Day Ahead market dynamics underline the value of real-time data.
Two announcements this week showed the administration attempting to deliver on its promise that a key goal of climate policy is job creation.
A new report from Wood Mackenzie finds that despite surging power demand, the gas turbine market could experience "turbo lag" in the next 15 years due to manufacturing constraints, rising costs, and competition from renewables.
Our Power Trading Analytics products provide trustworthy insights ahead of volatile power movements to make smarter trading decisions and maintain a competitive edge.
Corporate level strategic analysis and portfolio benchmarking of Oil & Gas, Power & Renewables and Metals & Mining sectors to underpin board level decisions.
Gain reliable data reports & insights based on historic and proprietary data to optimise trades and investment opportunities.
With our integrated platform, you can monitor current production levels, supply and demand, and price forecasting to accurately report and react to market changes as they happen.
Our power solutions combine multi-commodity data, proprietary cost intelligence, asset-level data, unique geospatial capabilities, and market fundamentals to help discover new opportunities while assessing risk.
As the world moves towards a sustainable energy future, government support is essential for research to develop new technologies, and for investment to deploy them at scale. But how do we know which strategies will be most effective for the progress we need, both to bring down the costs of existing technologies and to create new breakthroughs? Ed Crooks, Melissa Lott and Jessika Trancik discuss the progress of clean energy technologies.
We are on day two of the Grid Edge Innovation Summit and are continuing to bring you all the action from the two days of talks. We are live in Phoenix and covering many vital topics such as the growth of EVs and US government support via the Inflation Reduction Act.
Sylvia is joined by Abigail Hopper, president and CEO of the Solar Energy Industries Association, to discuss the industry's current state in the wake of the US election, the implications of the Inflation Reduction Act, potential changes to tax credits, and the impact of tariffs and energy demand on the industry.
Join Ed Crooks and Henri Paillere as they dissect the global nuclear industry's current state and the implications of governments aiming to triple nuclear power capacity by 2050. Special insights from Reta Lewis on US Small Modular Reactors (SMRs) and Dr Sama Bilbao y Leon on the future of nuclear energy.
In the latest episode, we discuss the growing importance of geothermal energy in power generation, Virtual Power Plants and the trend of ESG investing.
Ed Crooks joins Melissa Lott and Amy Myers-Jaffe to ask COP26: success or failure? The gang also looks at innovation in CCS, nuclear and hydrogen.
Joe Biden is clear that he would not try to ban hydraulic fracturing. But a row over it highlights the challenge facing his energy strategy
7.3 gigawatts direct current (GWdc) of total new community solar installations are expected to come online in existing state markets by 2029 in the US, according to the latest report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA). Cumulative national community solar installations will break 14 GWdc by 2029.
Telsa has overtaken Sungrow as lead producer in the battery energy storage system (BESS) integrator market with a 15% market share in 2023.
Global PV inverter shipments grew by 56% to 536 gigawatts alternating current (GWac) in 2023, reflecting a strong year for the broader solar industry. The top 10 global PV inverter vendors accounted for 81% of the market.
The Brazilian power market is expected to install 115 gigawatts (GW) of new capacity by 2034, primarily driven by the rise of free market demand. Wind and solar energy will spearhead growth, with 61 GW of utility and distributed solar and 24 GW of onshore wind projects due to be added in the next 10 years.
Solar module manufacturing capacity in the United States now exceeds 31 gigawatts (GW) — a nearly four-fold increase since the Inflation Reduction Act (IRA) became law in 2022.
Historically, coal has played a key role in meeting Asia's growing power demand. However environmental concerns has led to more stringent regulations and commitments towards tighter emission controls globally. Increasingly over the last year, financing institutions (mostly export credit agencies (ECAs) in OECD countries and European banks) have announced plans to stop investing in coal power projects. This could impact Asia since we expect growth in power demand through to 2035, and this calls for new power capacity, including coal-fired ones.
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.
Developers in the US purchased sufficient equipment to qualify 6.6GW of new wind power capacity in 2018 for 60% production tax credits (PTC) under the Internal Revenue Service’s (IRS) safe harbor provision law, according to recent analysis carried out by Wood Mackenzie Power & Renewables. Accordi...
By the end of 2017, offshore wind had only been deployed commercially across seven markets, with UK and Germany accounting for 68 percent of the grid-connected capacity. However, according to a recent report from Wood Mackenzie Power and Renewables, global offshore wind power demand will increase...
India’s renewables target of 175 GW capacity (100 GW of solar and 75 GW of wind) by 2022 is an ambitious endeavour. Even with significant cost declines, Wood Mackenzie expects about 76% of the target to be met by 2022 and this would still be a noteworthy achievement. Wood Mackenzie's solar analyst Rishab Shrestha explains why.
After a decade of stellar growth, Wood Mackenzie forecasts that solar demand in the Asia-Pacific will decline for the first time this year. Compared to 2017, the region's solar demand will dip 18% to 59 GW in 2018 due to declining installations in China, India and Japan.
Chinese operators remain the leaders of the global wind asset market, according to new research from Wood Mackenzie Power & Renewables.
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.
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