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News Release
Carbon removal key to meeting Paris Agreement target
- 24 六月 2021
Achieving the 2°C goal of the Paris Agreement will require more than simply avoiding carbon. To cap global warming at 1.5°C or even 2°C, carbon removal will be essential. Research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq:VRSK), shows the key to effective large-scale carbon removal is unlocking potential economies of scale through basin-wide carbon capture and storage (CCS), effectively providing a community answer to a global problem.
News Release
Wood Mackenzie scales data analytics across the energy transition by adding Quinbrook as a Lens Power Development Partner
- 21 六月 2021
Wood Mackenzie, the leading provider of commercial intelligence for the world’s natural resources sector, today welcomes Quinbrook Infrastructure Partners as a development partner for the industry-leading Lens decision intelligence platform.
News Release
Renewable auctions no silver bullet for decarbonisation in Europe
- 24 三月 2021
Up to the mid-2020s, approximately 70% of wind and solar development activity will be supported by auctions. However, data from across Europe highlights that market-level dynamics are shaping the approach of would-be developers. As such, auctions alone will not be enough to deliver much-needed capacity, according to Wood Mackenzie.
News Release
Floating offshore could be largest frontier for wind power in Asia Pacific
- 23 二月 2021
Floating offshore could be the next frontier in wind power development in Asia Pacific, says Wood Mackenzie.
News Release
Australia should revise RET policy; more ambitious target needed to unlock investments
- 04 二月 2021
Australia needs an ambitious long-term Renewable Energy Target (RET) policy to unlock future investments, says Wood Mackenzie.
News Release
China’s carbon neutrality bill could hit over US$5 trillion
- 08 十月 2020
Wood Mackenzie’s latest analysis shows over US$5 trillion of investments would be needed for China to reach its pathway for carbon-neutrality by 2060.
News Release
US energy storage market sets Q2 record for deployments
- 03 九月 2020
According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest 'US Energy Storage Monitor' report, 168 MW were deployed in Q2 2020. This is an increase of 72% quarter-over-quarter, 117% year-over-year and is the second-highest quarterly total ever seen, falling just behind Q4 2019 (186.4 MW).
News Release
Green hydrogen costs to fall by up to 64% by 2040
- 25 八月 2020
Green hydrogen costs will fall by up to 64% by 2040, according to new research from Wood Mackenzie.
News Release
LFP to overtake NMC as dominant stationary storage chemistry by 2030
- 17 八月 2020
Lithium-iron-phosphate (LFP) is poised to overtake lithium-manganese-cobalt-oxide (NMC) as the dominant stationary storage chemistry within the decade, growing from 10% of the market in 2015 to more than 30% in 2030, according to new analysis from Wood Mackenzie.
News Release
Renewable power in Asia Pacific gains competitiveness amidst cost inflation
- 11 一月 2022
Asia Pacific’s levelised cost of electricity (LCOE) for renewable power broke historical trends and rose in 2021 but still gained ground against fossil fuel power says Wood Mackenzie.
News Release
Asia Pacific renewables generation investments could hit US$1.3 trillion by 2030
- 22 六月 2021
Asia Pacific renewables (wind and solar) generation investments could double to US$1.3 trillion over the current decade to 2030 compared to the previous decade (2011 – 2020), says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).
News Release
Australia’s low-carbon hydrogen trade could be worth up to US$90 billion in 2050
- 17 六月 2021
Low-carbon hydrogen could become a US$50 billion to US$90 billion export industry for Australia in 2050, says Wood Mackenzie.
News Release
Global wind power installations hit record levels in 2020
- 29 三月 2021
114 GW of new wind capacity was added globally in 2020, representing an 82% increase year-over-year (YoY), according to new research from Wood Mackenzie. This is the highest global annual installation total on record.
News Release
US energy storage market shatters quarterly deployment record
- 03 三月 2021
According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor’ report, 2,156 megawatt-hours (MWh) of new energy storage systems were brought online in Q4 2020. This is an increase of 182% from Q3 2020, making Q4 the new record quarter for U.S. storage.
News Release
700 million electric vehicles will be on the roads by 2050
- 08 二月 2021
Electric vehicle (EV) sales are expected to reach 62 million units per year by 2050, with a total global EV stock of 700 million, according to new research from Wood Mackenzie.
News Release
Asia Pacific FTM storage costs to decline 30% by 2025
- 19 一月 2021
All-in front-of-the-meter (FTM) battery storage system costs in Asia Pacific markets could decline by more than 30% by 2025, says Wood Mackenzie.
News Release
Solar market forges ahead in Q3 as residential installations recover and utility-scale pipeline grows
- 15 十二月 2020
According to the U.S. Solar Market Insight Q4 2020 report, released today by Wood Mackenzie and the Solar Energy Industries Association (SEIA), solar accounts for 43% of all new electric generating capacity additions through Q3 2020, more than any other electricity source. The report projects a record 19 GW of new solar capacity installations in 2020, representing 43% year-over-year growth from 2019.
News Release
Top 3 turbine OEMs to capture 60% of global market by 2029
- 03 十二月 2020
The top three wind turbine players - Vestas, SGRE and GE - will increase their combined global market share from 43% in 2019 to 60% by 2029, according to new research from Wood Mackenzie.
News Release
Japan to exceed 2030 renewables target supported by US$100 billion investments
- 19 八月 2020
Over US$100 billion of investment in wind and solar power plants are expected to push the renewables share to 27% of Japan’s generation mix by 2030, exceeding the country’s target, says Wood Mackenzie.
News Release
Sunrun-Vivint Solar deal represents largest consolidation in residential solar history
- 07 七月 2020
Sunrun has agreed to acquire Vivint Solar in an all-stock transaction. The deal is valued at $3.2 billion including debt.
News Release
Power system flexibility key to Europe's net-zero targets
- 03 六月 2020
The success of Europe’s transition to net-zero emissions by 2050 will hinge on the flexibility of its power system.
News Release
Global wind power capacity to grow by 112% over next 10 years
- 26 三月 2020
Global wind power capacity additions are expected to sit at an annual average of 77GW from 2020 to 2029, according to Wood Mackenzie.
News Release
Global battery electric vehicle sales to surge in 2020s
- 10 二月 2020
The second half of the 2010s saw the rebirth of the battery electric vehicle (BEV).
News Release
Strategic vendors and European utilities dominate EV charging M&A activity
- 05 九月 2019
Strategic vendors - companies that offer products or services in the EV market - and European utilities were responsible for over 80% of electric vehicle (EV) charging M&A activity from 2010 through H1 2019, according to new research from Wood Mackenzie.
News Release
Wind turbine order capacity hit a record high in Q2 2019
- 04 九月 2019
Global wind turbine order intake increased 111% YoY, overtaking the previous record set in Q4 2018 by 13.2GW, according to new research from Wood Mackenzie.
News Release
2019 global wind turbine order intake off to record-breaking start
- 28 五月 2019
Global wind turbine order intake increased 7% YoY in Q1 2019, eclipsing the previous record seen in Q1 2018 for capacity in the quarter by 875MW, according to new research from Wood Mackenzie Power & Renewables.
News Release
U.S. solar market adds 10.6 gigawatts of PV in 2018
- 13 三月 2019
For the third year in a row, the U.S. solar industry installed double-digit gigawatts (GW) of solar photovoltaic (PV) capacity, with 10.6 GW coming online in 2018. The amount was a 2 percent decrease from 2017. However, the forecast shows the market rebounding in the years ahead, according to the...
News Release
US energy storage project pipeline doubles in 2018, nears 33 GW
- 06 十二月 2018
The pipeline for energy storage projects in the U.S. has doubled this year, ballooning to 32.9 gigawatts, according to the latest U.S. Energy Storage Monitor from Wood Mackenzie Power & Renewables and the Energy Storage Association (ESA). While not all of the projects will come to fruition, this ...
News Release
New dual-credit scheme can elevate Chinese electric vehicles industry
- 19 一月 2018
Under heavy subsidies from the government, China's electric vehicles (EV) market has grown exponentially to overtake the United States as the world's largest EV market. However with subsidies fading out in two years' time, the Chinese government and EV manufacturers are pressed for time to sustain the growth momentum in EVs. Wood Mackenzie's latest research reveals that China's proposed dual-credit scheme can reshape the EV market for a more sustainable development beyond the abolishment of subsidies in 2020. The EV penetration rate is projected to hit 17% in 2035 as a result.
News Release
Batteries & renewables to start displacing gas
- 26 七月 2017
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.

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