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Telsa has overtaken Sungrow as lead producer in the battery energy storage system (BESS) integrator market with a 15% market share in 2023.
Melissa Lott, Amy Myers-Jaffe and Dr. Matt Bauer discuss the resurgence of Concentrated Solar Power (CSP).
Global PV inverter shipments grew by 56% to 536 gigawatts alternating current (GWac) in 2023, reflecting a strong year for the broader solar industry. The top 10 global PV inverter vendors accounted for 81% of the market.
What is the real impact of curtailing production from Norway on the broader European energy landscape?
With the growth outlook for onshore and offshore wind looking healthy, Chinese wind turbine OEMs are hungry for global expansion
Joined by Mike Stivala, CEO of Suburban Propane Partners, to explore the future of renewable propane. Learn about the benefits, production challenges and the sector’s future.
Captured CO2 for enhanced oil recovery (CCS-EOR) has fallen out of favor in recent years and been supplanted by captured CO2 to dedicated sequestration (CCS-Storage), however, a new analysis shows that CCS-EOR will often deliver lower emissions and better support the energy transition, according to a series of reports from Wood Mackenzie.
Asian and Middle Eastern national oil companies have doubled down on their investment and resource base in Sub-Saharan Africa. What are their drivers?
While the mergers and acquisitions market has been recently supercharged by international oil companies (IOCs), national oil companies (NOCs) have sat on the sidelines, with international spending down significantly from highs a decade ago, according to recent analysis from Wood Mackenzie.
The carbon offset market holds potential for participants across carbon management strategies and as investments, but how are market dynamics evolving?
Global PV tracker shipments grew by 28% in 2023 to 92 gigawatts direct current (GWdc), reflecting a strong year for utility-scale solar in most regions across the world.
Our 2024 global power market outlooks take a deep dive into how regions are coping with higher expectations for power demand ahead
On 10 June, it was confirmed that BP, Mitsui &Co, Shell and TotalEnergies will take a 10% stake in Ruwais LNG. ADNOC will retain a 60% stake and serve as the lead developer and the operator.
Key insights for investors and financial institutions
From 2024 to 2033, developers will bring more than 5.4 terawatts (TWac) of new solar and wind capacity online, increasing the cumulative global total to 8 TWac, as the world endeavours to electrify economies and meet decarbonisation targets.
European voters just threw a spanner in the works of the EU’s 2030 decarbonisation targets. Last month’s European parliamentary elections saw a dramatic shift in power to nationalist and populist parties, which tapped into, among other issues, voter scepticism over the pace and sheer cost of the energy transition. We look at the impact of the elections on tackling climate change.
The Reuters Global Energy Transition 2024 Conference in New York has kicked off, and The Energy Gang is there to capture the important discussions. Day one insights include public-private partnerships, cutting-edge technologies and key debates on the energy transition.
By 2034, global carbon capture capacity will reach 440 Mtpa and storage capacity will reach 664 Mtpa, requiring US$ 196 billion in total investment, according to a recent report from Wood Mackenzie.
Peter Cavan from Convergent Energy and Power, joins us at the Solar and Energy Storage Summit podcast studio to discuss the future of energy storage and the trends in the market.
Shell has acquired Singaporean Pavilion Energy from Temasek. Here's how it will impact Singapore's market structure and LNG bunkering services.
Four key takeaways from a public sector perspective
The nuanced requirements and risk assessments that make BESS an attractive yet complex asset class for investors
Join us as we delve into the world of energy storage and heat delivery technologies for homes and industrial buildings. Listen to discussions with experts from the University of Sheffield, Rondo and Kyoto as they explore innovative solutions for storing energy.
We explore how Russia's economy is adapting to Western sanctions by pivoting to new markets in Asia, and what this shift means for global trade and economic stability
Our latest outlook sees China and India’s forecast upgraded, US services extend its boom, sticky inflation tempering rate cut expectations and a delayed pivot to investment and industry.
Italian major Eni has been named the upstream industry’s most-admired explorer in Wood Mackenzie’s industry-leading annual Exploration Survey.
Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Xizhou Zhou EVP and Head of Power and Renewables, effective 3 June.
With the inevitable increase in energy demand, this conversation centres around the need for a smarter approach to balancing supply and demand and the necessity of a grid twice the size it is today.
We are joined by Vanessa Witte and Kelly Sarber to recap the summit and explore the impact of the most important climate legislation in living memory: the IRA. New tariffs on solar and storage are part of it – what’s the impact been? What are the policy effects on emerging markets?
Addressing Noble Corp’s acquisition of Diamond Offshore in a US$600 million stock plus cash transaction, Leslie Cook, principal analyst of upstream supply chain for Wood Mackenzie said, “We have been predicting offshore rig market consolidation for some time and with little appetite from owners to add new rigs as rig demand is flattening out, we believed growth would be inorganic. It therefore comes as little surprise that the first major deal in the upstream service sector has been announced. Noble has grabbed first mover advantage, and solidified is status in the top two offshore rig contractors.”
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