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Data and energy insight from our thought leaders, Jason Liu and Simon Flowers, Connected the book.
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The offshore wind industry is set to scale from around 3 GW of additions outside of China each year to 30 GW by the end of the decade.
The future will run on electricity, yet the world is struggling to decarbonise its power supply and meet demand. The 2022 energy crisis has put energy security and reliability front of mind for governments and underscored the need to press ahead with the development of alternative energy sources.
Ammonia shapes modern life in every way imaginable. As the basis for all nitrogen fertilisers, industrial ammonia has truly changed the world.
The world’s need for sustainable energy is set to change the geography of the oil and gas industry, increasingly entwining it with renewables. The upstream industry of the 2030s and beyond, therefore, must focus on where its synergies with new energies are strongest.
Offshore wind is poised to become one of the key technologies powering the decarbonisation of the global economy. Read more.
The crisis caused by Russia’s invasion of Ukraine is the most significant shock to world energy markets since the 1970s. Read more.
Wood Mackenzie’s base-case Energy Transition Outlook sees global temperatures 2.5-2.7 °C above pre-industrial levels by mid-century. To limit this warming to 1.5 °C, in line with the Paris Agreement, the energy transition must accelerate. The world has the means, motive and opportunity to do so.
The global energy trade is set for its greatest transformation since the 1970s. Electrification is central to this as countries plough money into renewables to push down emissions and enhance their energy security.
The commodity price upcycle provides a golden opportunity to accelerate emissions reduction. Read more....
Another supercycle is coming. Anticipation of future demand growth has generated palpable excitement, driving commodity prices to post-pandemic highs.
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Wood Mackenzie and Let’s Share the Sun Foundation aspires to facilitate the use of solar energy in poor communities around the world. Together our mission is to raise funds to support energy access in Puerto Rico.
Helping investors evaluate opportunities in energy and natural resources during the Covid-19 crisis
Defining and demonstrating ESG best practice has become a strategic imperative for the energy and mining sectors – and one of the most complex challenges.
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Looking at behind-the-meter, Australia was the biggest residential storage market in the world in 2017, with a tripling of residential storage deployments over the previous year. High retail electricity rates and diminishing or expiring feed-in tariffs have encouraged residential solar customers to choose storage for self-consumption benefits. As a result, over the past few years, Australia has been the preferred testbed for new residential energy storage products, as several technology vendors have first introduced their residential product portfolios in the country.
ExxonMobil’s US$64.5 billion acquisition of Pioneer Natural Resources could mean US tight oil output grows faster in the future.
Our energy transition glossary helps you understand key terms and definitions.
A strong rise in prices in Asia and record US exports show how demand for LNG is bouncing back. Other markets are set to follow
The latest outlook highlights uneven progress for Middle East decarbonisation – and a US$5.3 trillion investment opportunity between now and 2060
A 1.5 °C pathway calls for immediate action, and collaboration at an unprecedented scale. Jonathan Sultoon, Head of Markets & Transitions in our Energy Transition Practice, explores the radically different trajectory for carbon emissions in our inaugural Accelerated Energy Transition 1.5-degree scenario (AET-1.5).
Our latest quarterly global solar PV forecast has seen a 5% upgrade, projecting over 3 TWdc of new solar PV installations between 2023 and 2032
Net zero ambitions call for an eightfold increase in the CCUS project pipeline by 2050.
The Euro Majors are building new energy businesses as a key part of net carbon-neutral targets for 2050. How and when will they be able to demonstrate value from renewables investments?
If the world acts decisively to limit global warming to 2°C by 2050, the scale of change will revolutionise the energy industry. Progressive electrification will squeeze the most polluting hydrocarbons out of the energy mix, nearly eliminating their markets. Oil demand will shrink, and with it, so will the power of major oil producers. Gas demand will remain resilient, but business models will need to evolve.
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