• News Release

  Global wind power capacity to grow by 112% over next 10 years

  • 26 三月 2020

  Global wind power capacity additions are expected to sit at an annual average of 77GW from 2020 to 2029, according to Wood Mackenzie.

• News Release

  Oil price rout: which supply is most at risk of shut-in?

  • 27 三月 2020

  The coronavirus pandemic is reducing oil demand. The OPEC+ production restraint agreement fell apart on 6 March and Saudi Arabia is rapidly increasing supply. The result: Brent crude has plunged to less than US$30/bbl. This will have a significant impact on currently producing fields and future supply. How low can the price go before different sources of production become uneconomic? Where are production shut-ins most likely? Can governments influence the result?

• News Release

  African upstream capex ‘may be slashed by 33%’

  • 31 三月 2020

  Faced with the double whammy of the oil price crash and the coronavirus pandemic, Africa’s upstream sector looks set to slash capital spending by around 33% in 2020. Similar cuts to operating costs are also targeted by producers to stay cash-flow neutral. Unlike the 2015-16 price crash, this time nothing is sacrosanct: some operators will even wield the axe on committed spend, as well as the discretionary expenditure.

• News Release

  Coronavirus restrictions set to hit US utility-scale solar projects

  • 01 四月 2020

  The coronavirus pandemic is likely to have a material impact on utility-scale solar installations in the US this year, and perhaps even into 2021. In its Coronavirus: US Solar PV Supply Chain and Utility-Scale Market Risk report, Wood Mackenzie says that, in a best-case scenario, the market could see up to four weeks of supply delays affecting a few hundred MWs of modules and inverters. This, combined with construction disruptions, could translate into as much as 2 GWdc of project development delays in 2020.

• News Release

  India’s bulks supply chain takes a hit during lockdown

  • 08 四月 2020

  India is under a three-week lockdown from 25 March to contain the spread of the coronavirus outbreak. Businesses are shut, and the supply chain is disrupted. Industries are either closed or operating at sub-optimal utilisation.

• News Release

  Ukraine may hold key to Europe’s gas storage crunch

  • 16 四月 2020

  European gas storage is almost full to the brim – and with the mild weather, coronavirus lockdowns hitting demand and an over-supplied market, levels are not likely to drop soon. New analysis from natural resources consultancy Wood Mackenzie suggests October may prove critical for the market – and highlights a potential solution to the storage crunch.

• News Release

  150 GW of renewables projects in Asia Pacific at risk in a coronavirus-led recession

  • 22 四月 2020

  Wood Mackenzie’s latest research shows that up to 150 gigawatts (GW) of wind and solar projects across the Asia Pacific could be delayed or cancelled over the next five years (2020 – 2024), if the coronavirus-led recession extends beyond 2020.

• News Release

  Grid congestion chokes renewables investments in Eastern Australia

  • 30 四月 2020

  Australia’s renewables project pipeline in the National Electricity Market (NEM) remains massive at 67 gigawatts (GW) capacity (6GW under construction and 61GW in announced projects), but the current conversion rate to firm projects is low due to grid congestion, says Wood Mackenzie.

• News Release

  European olefins production could recover in 2020 despite coronavirus

  • 30 四月 2020

  Europe saw a 20-year low in olefins production in 2019. Despite the coronavirus hitting demand, 2020 could show a recovery in production.

• News Release

  Vestas breaks annual wind turbine installation record

  • 11 五月 2020

  Vestas became the first wind turbine manufacturer to install more than 10 GW of wind capacity in a single year (2019), according to new analysis from Wood Mackenzie.

• News Release

  Oil supply cuts could curtail 15% of ethylene supply in Middle East

  • 13 五月 2020

  Approximately 15% of ethane-based ethylene supply in the Middle East could be lost this year due to oil supply dynamics, according to new analysis from Wood Mackenzie. This equates to around 1.5 million tons of ethylene.

• News Release

  UK gas market faces Covid-19 deadlock

  • 21 五月 2020

  The UK gas balance has reached a deadlock for the summer. Resilient UK production, Norwegian imports and baseload LNG imports are overwhelming the market with supply. And with lockdown placing huge pressure on electricity and fuel markets, demand will be weak throughout the summer.

• News Release

  Global appetite for plastics key to China’s polyolefins demand growth in 2020

  • 28 五月 2020

  Much of China’s polyolefins demand growth in 2020 will depend on global appetite for plastic end-products, says Wood Mackenzie.

• News Release

  Global LNG demand faces first seasonal contraction in 8 years

  • 02 六月 2020

  The global liquefied natural gas (LNG) industry is about to face its first seasonal demand contraction since 2012, with demand in summer 2020 expected to fall 2.7% or 3 million tonnes (Mt) year-on-year, says Wood Mackenzie.

• News Release

  US energy storage market sees strong first quarter despite coronavirus

  • 02 六月 2020

  The United States energy storage sector saw a strong first quarter, with residential storage setting another record while the non-residential market had its third-strongest quarter on record.

• News Release

  Power system flexibility key to Europe's net-zero targets

  • 03 六月 2020

  The success of Europe’s transition to net-zero emissions by 2050 will hinge on the flexibility of its power system.

• News Release

  US midstream takes hit as Lower 48 E&Ps turn off taps

  • 03 六月 2020

  The oil price crash has hit the US Lower 48 hard. But as exploration and production companies work to mitigate the impact of the crash on their businesses, their strategies are affecting the region’s midstream players.

• News Release

  Nickel sulphate supply to peak in 2027 as EV sector-driven demand accelerates

  • 08 六月 2020

  Nickel in sulphate production is expected to rise from 211 kilo-tonnes (Kt) in 2019 to its peak at 450 Kt in 2027, while demand driven by the electric vehicle (EV) sector continues to accelerate, reaching approximately 800 Kt by 2035, says Wood Mackenzie.

• News Release

  Australia’s energy storage capacity more than doubles to 1.2 GWh in 2020

  • 17 六月 2020

  According to new research from Wood Mackenzie, Australia is set to add 1.2 gigawatt-hour (GWh) of energy storage capacity in 2020, more than double the 499 MWh installed in 2019. This takes the country’s cumulative storage capacity at 2.7 GWh this year.

• News Release

  Subsidy cuts could slash Chinese wind turbine OEMs’ margins by half

  • 18 六月 2020

  China’s wind turbine original equipment manufacturers (OEMs) could have their gross profit margins halved due to subsidy cuts, says Wood Mackenzie.

• News Release

  Annual solar repairs and maintenance spend to grow to $9 billion by 2025

  • 22 六月 2020

  Solar power systems nearing inverter end of life currently account for 5% of the global PV market. This number will grow to 16% - or 227GWDC of solar systems - by 2025, according to new research by Wood Mackenzie.

• News Release

  US offshore wind powers up

  • 23 六月 2020

  The US offshore wind industry is set to power up over the coming decade. New research from Wood Mackenzie shows that as the sector ramps up from near-zero today, it could deliver as much as 25 gigawatts (GW) in 2029, capturing almost half of the US market for new wind power installations.

• News Release

  US solar PV system costs falling faster than anticipated

  • 24 六月 2020

  Solar PV system costs in the US are falling faster than anticipated across all market segments, primarily driven by module price reduction, according to new research from Wood Mackenzie.

• News Release

  Argentina weighs new price subsidy, but freezes gas tariffs

  • 25 六月 2020

  Gas pricing and market regulation are again under discussion in Argentina. The coronavirus pandemic has weakened an already vulnerable economy, with the impact felt in the gas market. To maintain low gas prices for end-users, the new administration has imposed a tariff freeze until the end of 2020.

• News Release

  What does the pathway to a net-zero economy look like for miners?

  • 06 七月 2020

  Global emissions must reach net-zero by the second half of the century to keep global temperature rises below 2°C. Emissions from metals production will need to halve over the next 20 years in order to hit this target, according to Wood Mackenzie.

• News Release

  Sunrun-Vivint Solar deal represents largest consolidation in residential solar history

  • 07 七月 2020

  Sunrun has agreed to acquire Vivint Solar in an all-stock transaction. The deal is valued at $3.2 billion including debt.

• News Release

  Over $13 billion of wind turbine capacity ordered in Q1 2020

  • 08 七月 2020

  The first quarter of 2020 saw nearly 14 GW of wind turbine capacity ordered globally. This is the second-highest first quarter on record and equates to an estimated $13.4 billion, according to new analysis from Wood Mackenzie.

• News Release

  General Motors to hit 5 million electric vehicle sales by 2030

  • 14 七月 2020

  General Motors (GM) has set an annual target for 1 million electric vehicle (EV) sales globally by the mid-2020s. Although the company will only meet half of that target by 2026, it is expected to hit 5 million in cumulative EV sales by 2030 according to new research from Wood Mackenzie.

• News Release

  India’s new deepwater supply could face pressure from low spot LNG prices

  • 21 七月 2020

  India’s new deepwater gas production could be under pressure from low spot LNG prices, says Wood Mackenzie.

• News Release

  Asia Pacific’s oil demand to fall in 2020 but could rise 25% by 2040

  • 28 七月 2020

  According to a new report by Wood Mackenzie, oil products demand in Asia Pacific is expected to fall by 1.8 million barrels per day (b/d) year-on-year in 2020.