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News Release
Five themes dominating China’s energy scene in 2022
- 27 一月 2022
Economic growth, stability in energy prices, energy transition, dual-control targets and relations with the US, are the top five themes to watch out for in China’s energy outlook this year, says Wood Mackenzie.
Comment
New NEM 3.0 provisions ‘will cut California solar market in half by 2024’
- 25 一月 2022
New analysis from Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows that California’s newly proposed net energy metering tariffs (NEM 3.0) would severely reduce residential solar’s value proposition. According to Wood Mackenzie’s new forecast scenario, the California residential market would be cut in half by 2024.
Comment
ITC extension could power 44% boost in solar deployment
- 01 十一月 2021
Proposed legislation to extend the investment credit tax (ITC) would have a profound impact on the US solar industry, Wood Mackenzie analysis shows, potentially increasing deployments by 44% over the next decade. But the extension, currently before Congress as part of a budget reconciliation package, will not be enough to achieve 80% carbon-free electricity generation by 2030.
News Release
Major energy exporters race to lead in global hydrogen trade
- 28 十月 2021
The time is ripe for the world's major energy exporters to accelerate the energy transition, and mastering the hydrogen trade could make a difference, says Wood Mackenzie.
Comment
POSCO’s takeover bid for Senex could be Australia’s largest upstream takeover since 2018
- 18 十月 2021
South Korean conglomerate POSCO has made a surprise move on Australian gas producer Senex Energy making its first foray into the country’s upstream industry.
Comment
China’s inaugural SPR auction unlikely to impact global crude oil markets
- 24 九月 2021
China begins the sale of its Strategic Petroleum Reserves (SPR) today. According to Wood Mackenzie, a Verisk business (Nasdaq:VRSK), the SPR auction is unlikely to have material impact on crude oil markets globally.
Comment
Controlling emissions could have short-term negative impact on Chinese economy
- 08 九月 2021
China’s efforts to control carbon emissions could have a negative impact on its economic growth in the short term, says Wood Mackenzie.
News Release
Electric vehicle sales to vault over 6 million in 2021
- 31 八月 2021
Global electric vehicle (EV) sales are expected to vault over 6 million this year, says Wood Mackenzie.
News Release
Small modular nuclear reactors could be key to meeting Paris Agreement targets
- 24 八月 2021
Small modular nuclear reactors (SMR) could play a crucial role in meeting Paris Agreement targets, says Wood Mackenzie.
News Release
Wind turbine prices to rise by up to 10%
- 16 八月 2021
Wind turbine prices are expected to increase by up to 10% over the next 12 to 18 months due to increases in commodity prices, logistics costs, and coronavirus-related challenges, according to new analysis from Wood Mackenzie, a Verisk business (Nasdaq:VRSK).
News Release
Community solar stakes claim in US power market
- 27 七月 2021
Community solar is taking an increasing slice of market share in the US. State-level programs and incentives fueled a record-breaking year of growth in 2020, accounting for 37% of annual non-residential solar capacity – up from just 13% in 2016. Now, with new programs emerging and mature markets facing challenges, can the sector maintain its growth?
News Release
Asia Pacific solar PV capacity to triple to 1,500 GW by 2030
- 13 七月 2021
Asia Pacific solar photovoltaic (PV) capacity could triple to 1,500 gigawatts (GW) by 2030, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).
News Release
Gold miners on track to align with 2°C climate target by 2030
- 23 六月 2021
The global gold industry is broadly on track to align with a 2°C climate target by the end of the current decade. However, more action is required if the industry is to meet – and surpass – the 1.5°C mark, according to a new report from Wood Mackenzie, a Verisk business (Nasdaq:VRSK).
News Release
Japan unlikely to meet 46% emissions reduction by 2030
- 15 六月 2021
Japan is unlikely to reach a 46% reduction in emissions by 2030 compared to 2013 levels, according to research by Wood Mackenzie.
Comment
Australia's pathway to net-zero emissions by 2050
- 20 四月 2021
On 19 April, Australian PM Scott Morrison's commented on the country's road to net-zero emissions.
Comment
OPEC+ surprises market as it extends output curbs
- 04 三月 2021
OPEC+ took the market by surprise when it decided to roll over its quota, saying that rather than anticipate a demand recovery, the group would wait to see it actually recover. The market was expecting a substantial increase in production because a tightening in the supply and demand balance is already evident.
News Release
Significant increase in carbon pricing is key in 1.5-degree world
- 04 三月 2021
Wood Mackenzie’s latest scenario report reveals that a significant increase in carbon pricing is needed to achieve the goals of limiting the rise in global temperatures to within 1.5 degrees Celsius.
News Release
US winter freeze hits global olefins market
- 19 二月 2021
This week’s winter storm has paralysed US petrochemical production and disrupted 15% of the global olefins market, according to Wood Mackenzie.
News Release
Resilience and sustainability to be core oil and gas themes of 2021
- 19 一月 2021
Wood Mackenzie’s latest analysis reveals that sustainability and resilience will be at the heart of the oil and gas industry story in 2021.
News Release
Future of gas in energy transition to be defined in 2021
- 14 一月 2021
2021 will be a defining year for the gas and LNG industry, says Wood Mackenzie in its latest outlook report.
Comment
China’s trucked LNG spot prices hit three-year high
- 12 一月 2021
Spot prices of trucked LNG in China were highly volatile last month.
News Release
Over three quarters of new LNG supply could be impacted in 2-degree world
- 09 十二月 2020
Wood Mackenzie’s latest report shows that over three quarters or 77% of new LNG supply are at risk under a 2-degree scenario.
Comment
OPEC+ agrees to increase output after tense negotiations
- 07 十二月 2020
Tense negotiations and rumours of a rift between Saudi Arabia and UAE ended with a compromise deal for OPEC+ on 3 December 2020. Despite concerns on oversupply for Q1 2021, the group agreed to increase output by 500,000 b/d in January. Production restraint is set at minus 7.2 million b/d instead of the Q4 2020 level of minus 7.7 million b/d.
News Release
Global solar PV installations to hit 115 GWdc in 2020
- 27 十月 2020
As global solar PV markets continue to weather the challenges posed by the coronavirus pandemic, solar PV installations are expected to hit 115 GWdc this year, according to Wood Mackenzie’s latest quarterly market outlook. This is up 5% from the total installed globally in 2019.
News Release
Over $16 billion of wind turbine capacity ordered in Q2 2020
- 14 十月 2020
The second quarter of 2020 saw more than 17 GW of wind turbine capacity ordered globally. This equates to an estimated $16 billion, according to new analysis from Wood Mackenzie.
News Release
China’s gas power plants bleed under pressure from lower tariffs and trade war
- 15 九月 2020
China’s gas power plants are struggling to stay afloat as they face mounting pressure from lower tariffs and the ongoing trade war, says Wood Mackenzie.
News Release
Up to 7 mmtpa of spare capacity available at North West Shelf by 2027
- 07 九月 2020
Wood Mackenzie’s latest report shows that the North West Shelf (NWS) LNG project could have up to 7 million tonnes per annum (mmpta) of spare capacity available by 2027. This equates to 40% of the project’s nominal capacity.
Comment
Turkey nets largest-ever find with Tuna-1 gas discovery
- 21 八月 2020
A gas discovery of the scale of the Tuna-1 find in the Black Sea, if developed, would be transformational for Turkey, given its overwhelming reliance on imports and crippling energy import bill. Turkey is chiefly reliant on piped gas from Russia, Azerbaijan and Iran but the share of liquefied natural gas imports has also continued to grow.
News Release
Total named industry’s most-admired explorer in WoodMac survey
- 06 七月 2020
French major Total has been named the upstream industry’s most-admired explorer, an accolade awarded in conjunction with Wood Mackenzie’s industry-leading annual Exploration Survey.
Comment
Shell's US$22bn write down 'signals fundamental change'
- 30 六月 2020
Royal Dutch Shell said on 20 June it would write off assets worth up to $22 billion on the back of weakening oil and gas demand due to the coronavirus pandemic and a weaker energy price outlook.

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