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Global solar operations and maintenance spend is on track for a fourfold increase by 2030 – but low margins could deter new market entrants.
CCUS and hydrogen are energy transition hot topics – but will they live up to their huge potential? The picture will get clearer this year.
There is little doubt the Beijing 2022 organisers have gone to great lengths to achieve carbon neutrality, but does it actually matter?
China just re-wrote the global energy record book. Driven by the country’s surging economic growth, 2021 saw China record the largest ever absolute annual increase in electricity demand by any country in history.
China is also committed to achieving net-zero emissions by 2060. Could Russia’s ambition to rotate the direction of its energy exports through 180 degrees flounder on China’s decarbonisation?
In 2021 our global analysts created an outstanding body of research, putting a unique angle on everything from Covid-19 and COP26 through the recovery of commodity markets and rising geopolitical risk.
Impressive growth and market consolidation amid the top five US solar players could threaten Sunrun’s dominance in 2022.
System prices remain high as supply chain constraints and policy uncertainties create a high-risk environment for US solar PV development.
Demand for energy storage will expand nearly nine-fold over the next decade, supported by the rise of renewables.
Floating wind’s virtually unlimited potential has from its inception made it a strong vision. Seven years ago, Wood Mackenzie wrote, the “next step is to prove that floating foundations are economically feasible” and go commercial. This is still the challenge for floating wind, and we can conclude that commercialisation is not a step; it is a leap.
The transition to heavy-duty vehicle electrification could be accelerating.
Highlights from Wood Mackenzie’s Power & Renewables Conference: Europe.
Highlights from our inaugural Low-Carbon Hydrogen Conference.
Europe must find a way to navigate high raw materials costs while rapidly scaling up solar deployment.
Shipments of equipment from Cambodia, Malaysia, Thailand and Vietnam have virtually stopped. Development activity has stalled for most of the industry. What are the impacts of the anticircumvention investigation on each segment of the industry?
The refining industry is under pressure to decarbonise. Low-carbon (green or blue) hydrogen could play an important and cost-effective role in helping refiners reduce their carbon footprint to help meet net zero carbon emissions targets in many countries.
Watch on demand as we answer your questions about how competitors can profitably seize the opportunities in the offshore wind sector, and determine what capabilities and competencies they need to improve their chances of success.
Battery recycling will play a key role in meeting energy transition demand – but it is beset by challenges.
Sustained high prices accelerate the shift to renewables, but issues and obstacles vary by region.
The upstream sector has long analysed cash margins on a per barrel of oil equivalent (boe) basis. Our new cash margin metric – operating cash flow per gigajoule equivalent (GJe) – goes beyond traditional comparisons, and shows how offshore wind can come up trumps.
A preview of our Energy & Natural Resources Summit: APAC
Asia Pacific continues to set the pace for power market growth, creating a US$1.8 trillion opportunity for renewables in the next decade – but developers’ risks are increasing.
The IRA and other global policy drivers yield a 25.6 GW quarter-on-quarter upgrade to the wind outlook – though Asia Pacific is bucking the trend.
What can Asia Pacific governments do to ensure the ramp up in new CCUS projects, which countries are showing the most progress and what role can oil and gas companies play in delivery?
Flagship climate policy in the EU and the US could give hydrogen the jumpstart it needs.
Renewable energy sources are set to radically reshape global energy markets. For the Majors, this poses a threat to legacy oil and gas operations, but is also an opportunity to diversify and future-proof portfolios.
In celebration of ASEAN's 50th anniversary, our APAC gas and power senior analyst, Edi Saputra, reflects on ASEAN's energy developments and what to look out for in the coming years
On Thursday 3 August China Shenhua and China Guodian Corporation submitted a merger proposal to the State Council. If approved the new company, National Energy Investment Corporation (NEIC), will become the world's largest power utility company (power capacity wise) ahead of EDF and Enel.
A joint research report conducted by Wood Mackenzie and GTM Research assessing generation economics concludes that declining renewables and energy storage costs will increasingly squeeze out gas-fired generation in South Australia as early as 2025.
We took a closer look at the impact of the UK government’s proposal to ban the sale of new petrol and diesel cars by 2040.
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