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The Chemicals and Polymers Conference discussed base chemical and polymer markets, emerging technologies, and discussions on the hot topics facing the industry.
With demand for renewables rising rapidly, the future looks bright for solar photovoltaics (PV). But there is a potential ‘Catch-22’ situation for asset owners.
Polymer value chains currently account for 4% of energy related GHG emissions, and this figure is set to rise to 10% by 2050 as plastic demand rises to meet the needs of the rising global middle-class.
The energy transition starts and ends with metals, so why isn’t ensuring supply high on the agenda?
Global energy storage deployments will almost triple year-on-year, nearing the 1TWh mark by 2030. What are the drivers of energy storage across the world?
Transportation accounts for 23% of global emissions, so it’s unsurprising that decarbonising the sector is one of the four key pillars of COP26. Dramatically accelerated electric vehicle (EV) uptake is needed to put the world on a 2° C trajectory. Yet there is a very big battery shaped barrier to rapid electrification
We examine the project economics of offshore wind assets using Lens Power Valuations
Constraints on delivering the metals for an accelerated energy transition exist at every level, from insufficient investment to a growing shortage of mining engineering graduates. Julian Kettle, Vice Chair, Metals and Mining, looks at some basic principles behind tackling a complex challenge.
The growth of distributed energy resources on the grid edge continues to influence many energy sectors. GM, Ford and Tesla are investing in downstream energy services, while virtual power plants become more commonplace.
Green hydrogen has seen a 50-fold increase in announced projects over the past 12 months alone. And while its export supply chains are complex, there are already several serious hydrogen export contenders emerging around the world.
If the world pursues a 2 °C decarbonisation pathway, a supercycle could exist across a broad spectrum of mined commodities. But how will it happen, if at all?
It’s set to be an action-packed year for Majors, Independents and NOCs alike. Big choices will set strategic trajectories for the energy transition ahead.
The global wind power market outlook has been boosted by an almost 70 GW upgrade quarter-on-quarter. China accounts for almost 70% of this upgrade.
Lower revenue is putting pressure on investor returns, but reductions in subsidies are likely to help drive accelerated growth in the offshore wind industry.
Upstream mergers and acquisition deal flow could hit a multi-year high in 2022 – if commodity prices hold steady. Read our full set of predictions in ‘Global upstream M&A: 5 things to look for in 2022’.
What are the themes and trends set to have the biggest impact on global oil demand, supply and refining in the year ahead? Which risk factors are top of our watchlist? Read ‘Oil markets: 5 things to look for in 2022’ to find out.
Recent graduates Millie Ramsell, Anna Pritchard, Harry Cusden and Emily Hopper joined WoodMac in 2021 through our partner Pareto Law.
Global solar operations and maintenance spend is on track for a fourfold increase by 2030 – but low margins could deter new market entrants.
Key themes to watch for the polyester chain, from growing overcapacity to prices, margins and supply chain woes – and the quest for greater sustainability.
Developing alternatives to Russian natural resources will require vast quantities of metals – but how quickly can the metals supply chain respond?
Key energy transition industries are reliant on rare earth elements to meet efficiency and emissions targets
Upstream has never made so much money. Higher oil and gas prices resulting from the Russia/Ukraine conflict are delivering undreamt-of cash generation in 2022.
To unlock investment capital it may be time to give metals more credit as key enablers of the energy transition.
Accelerating electric vehicle sales continue to dominate battery raw material demand – while stationary energy storage applications are growing fast.
There is concern that the metals industry cannot deliver the supply required to achieve the Paris accord decarbonisation targets. Could an economic slowdown provide the breathing space that the industry needs?
Exploding demand for vital energy transition resources will only be met through better collaboration between all stakeholders, and the right fiscal structures
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 ripple effect of Russia’s war with Ukraine could give rise to the second wave of US LNG – but new supply will take time to develop.
Battery and energy storage applications mean steel alloys will play an increasingly important role in the energy transition. Here's our outlook for stainless steel, bulk alloys and noble alloys.
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