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Driven by coal-to-gas switching and a need to underpin renewables generation, Asian gas demand will almost double by 2050. We examine the boom with Lens.
What lies ahead for oil and gas exploration? As investors and activists ask how the search for new fields squares with the need to accelerate the energy transition, our experts pick out five key themes to look for in 2022.
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.
After another rollercoaster year that trampled on predictions, the annual APAC Energy Buzz ‘cheerful or fearful’ outlook is back.
A growing number of the world’s major banks, asset managers, and insurers are signatories to the GFANZ, aligning behind the goals of the Paris Agreement. To access capital, oil and gas companies must meet tightening climate criteria adopted by many of the world’s leading financial institutions.
“It’s not easy, but it’s feasible” was the verdict of EU climate chief Frans Timmermans as the bloc announced its ambitious goal of reducing imports of Russian gas by around two thirds this year. With this implying something in the order of 100 bcm of supply, we do not share Mr Timmermans’ optimism.
China is also committed to achieving net-zero emissions by 2060. Could Russia’s ambition to rotate the direction of its energy exports through 180 degrees flounder on China’s decarbonisation?
Dr. Liz Dennett is joined by Andy Klump and Alex Whitworth to discuss 2021 as China's boom year and the drivers for their growth in renewables.
China just re-wrote the global energy record book. Driven by the country’s surging economic growth, 2021 saw China record the largest ever absolute annual increase in electricity demand by any country in history.
There is little doubt the Beijing 2022 organisers have gone to great lengths to achieve carbon neutrality, but does it actually matter?
But are China’s consumers ready to pay a premium?
What can Asia Pacific governments do to ensure the ramp up in new CCUS projects, which countries are showing the most progress and what role can oil and gas companies play in delivery?
Where in Asia is demand at greatest risk, can suppliers still count on Asian LNG demand recovery, and what do Asian buyers really want from suppliers amidst the current crisis?
A preview of our Energy & Natural Resources Summit: APAC
A deep-dive into the supply-demand, cost, supply chain, tech and policy trends for battery storage
Excess capacity has sent solar panel prices tumbling. In the early 2010s, the stretch goal was to get the cost down to 50c a watt. Now they are selling in China for just 11c. That is great for solar deployment, but less good for manufacturers.
Simplified tariffs will facilitate supply optimisation and gas-on-gas competition
Global wind turbine order intake hit new highs in 2023 with 155 gigawatts (GW) procured for the year, an increase of 16 GW from 2022.
More than 100 gigawatts (GW) of global renewable energy capacity is expected to be tendered in 2024. With more than 60 GW to be offshore wind, the overall volume is set to grow as the year progresses and will match 2023 levels.
Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.
How India fuels its future growth
A startup backed by Bill Gates hopes to accelerate copper development in Zambia, to increase supplies needed for low-carbon energy.
Collaboration between governments and markets in the region spanning Africa, the Middle East, Central Asia and South Asia can unlock the Super Region's full metals and mining potential. In this ebook, we explore the many opportunities for the region to play a vital role in the energy transition – and the challenges it must overcome.
With fossil fuel demand resilient and emissions rising, a change in direction is needed
Wood Mackenzie hosted its first Global Gas, LNG and the Future of Energy conference featuring keynote speakers from across the industry. These are our five key takeaways from the event.
Renewables now dominate new projects under construction
Join Wood Mackenzie's industry experts on November 7, 2023, at 14:00 PM SGT time for a 30-minute review of Indonesia’s Energy Transition Journey. We will also share our latest findings on corporate renewable procurement trends in the Asia Pacific
Retail fuel markets in APAC are set for continued growth – and big oil is taking notice.
Explore the pivotal role of LNG in global energy security & sustainable progress toward net-zero emissions through our new partnered reports.
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