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Corporate strategies diverge amid a power and renewables reset
We've increased our outlook for this year by 20% due to strong growth through the first half of the year and continued market strength
As AI factories demand more power, the biggest infrastructure challenge may not be compute, but how electricity reaches the chip
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.
Residential solar installed capacity contracted for the first time since 2017, with significant shifts occurring in the financing landscape
Does LNG stand to benefit? What would it mean for Japan’s emissions?
Is CCUS the solution to Net Zero, or a temporary fix? Sylvia Leyva Martinez and Wood Mackenzie experts discuss the key policies and challenges shaping its future.
The financing landscape continues to evolve through the tumult
Biden's EO announcing a two-year delay of new anti-dumping and countervailing duties on solar cells and modules imported from Cambodia, Malaysia, Thailand and Vietnam is expected to bring some relief to the solar industry.
Is a 1.5 °C pathway feasible, does the conflict in Ukraine change anything and will higher prices affect the progress of the energy transition? Does energy security now trump decarbonisation?
Our new Delayed Energy Transition scenario reflects the increasing risk that the transition will be much slower than a Paris-aligned pathway.
The latest outlook highlights uneven progress for Middle East decarbonisation – and a US$5.3 trillion investment opportunity between now and 2060
Net zero ambitions call for an eightfold increase in the CCUS project pipeline by 2050.
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
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).
A look at the key themes from the conference, including sustainable aviation fuels, investment economics, and routes to carbon reduction
Technological progress holds real promise
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.
The US government wants electric vans in the USPS' new fleet, France seeks an expansion of nuclear power, and exploring the progress of fusion power.
The COP29 climate talks began on Monday with climate finance at the top of the agenda. A meaningful deal would show the international effort to tackle climate change is still alive. Failure could further delay the transition to low-carbon energy.
We are joined by Jenny Ahlen, Managing Director at the We Mean Business Coalition. Jenny directs the strategy, coordination, and execution of their net zero programs and campaigns; these include a focus on improving the way scope 3 emissions are approached.
Green hydrogen is front of mind for investors looking for solutions to cut emissions from hard-to-abate sectors. Is policy going in the right direction? When could green hydrogen become competitive? And what are the risks to realising its potential?
COP27 in Egypt focused on short-term decarbonisation goals and dialogue between developed and developing nations.
The move is the first publicly confirmed (near) net-zero goal by an Asian national oil company, a recognition by one of the world’s largest producers that it must address carbon emissions and adapt to the energy transition.
Discussing the latest insights on fossil fuel demand, electric vehicles, US oil deals, offshore wind and the critical role of graphite in the energy transition.
By investing across complex supply chains, Chinese companies have integrated rare earth mining, processing, metal production and magnet manufacturing, allowing China to then dominate high value-add sectors including drivetrains for electric vehicles and generators for wind turbines.
According to a new report by Wood Mackenzie, Japan could lose its pole position as the world’s top LNG importer to China as early as 2022.
Grids are already struggling to cope with the intermittency of wind and solar.
Simon Flowers examines five key takeaways from COP27 and what they mean for the energy transition agenda.
The US state of New York today awarded two major offshore wind contracts to Norwegian energy company Equinor, and Sunrise Wind, a joint venture between Denmark’s Ørsted and US utility Eversource.
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