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Domestic UK oil & gas can reduce reliance on energy imports

07 April 2022

High commodity prices and Russia's invasion of Ukraine have called into question the UK’s reliance on energy imports. In response, the UK government is set to unveil a new ‘energy security strategy’.

News Release

About 650,000 barrels per day of Russian crude oil to be ‘swapped’

05 April 2022

About 650,000 barrels per day (b/d) of Russian crude oil are to be relocated from advanced economies, and the solution could be ‘crude swapping’, says Wood Mackenzie.

News Release

World must double-down on plans to achieve net zero by 2050

23 March 2022

Over the last year, strong demand recovery and a lack of investment in supply has caused prices to rise across sectors. Energy security and geopolitical tensions have added unprecedented uncertainty to markets across the globe. On top of that, countries and corporations still bear the massive challenge of limiting global warming to 1.5 ˚C.

News Release

Global lithium-ion battery capacity to rise five-fold by 2030

22 March 2022

Global cumulative lithium-ion battery capacity could rise over five-fold to 5,500 gigawatt-hour (GWh) between 2021 and 2030, says Wood Mackenzie.

News Release

Europe can weather halt in Russian gas supplies

18 March 2022

European gas prices remain volatile amid the risks of disruptions of Russian piped imports. As additional sanctions against Russia are under discussion, a complete halt of Russian piped imports into the EU remains a risk. But Europe is in a better position to cope without Russian piped gas now than it was a few months ago, analysts from Wood Mackenzie, a Verisk business (Nasdaq: VRSK) said.

News Release

Utility evolution in Africa to reshape global electricity demand

17 March 2022

Sub-Saharan Africa offers an alternative vision of how the energy transition will change power generation, according to research released today by global energy consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

News Release

Wood Mackenzie brings light to homes in Puerto Rico

08 March 2022

A team of three analysts from global energy consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), are in Puerto Rico this week helping install solar panels on homes as part of a new initiative with charity Let’s Share the Sun Foundation.

News Release

Redesign biggest opportunity to clean up plastic packaging as sector GHG emissions predicted to rise 75% by 2040

21 February 2022

Plastic pollution caught and maintained the world’s attention in the mid-2010s as images of marine environments ravaged by deposits of disposed plastic led global governments and corporations to commit to improving the circular plastic economy.

News Release

Bulks most affected by Russia-Ukraine conflict; rising power prices a key concern

15 February 2022

Trade dislocations due to sanctions, high power prices and disruption to production facilities in the conflict zone are three major threats to the metals and mining industry as result of escalating conflict between Russia and Ukraine, says Wood Mackenzie.

News Release

Energy transition may shave 2% off global GDP by 2050

20 January 2022

The world has the means, motive and opportunity to cap global warming to the 1.5°C limit agreed in the Paris Climate Accord, new research released today by Wood Mackenzie, a Verisk company (Nasdaq: VRSK) shows. But there will be tangible economic implications of an accelerated energy transition. While global economic output is likely to take a hit until 2050, it could be recoverable by the end of the century, according to Wood Mackenzie.

News Release

Oil demand faces downside risks; supply shortage not anticipated in 2022 with lots to watch out for

19 January 2022

Wood Mackenzie releases its Oil markets: 5 things to look for in 2022 report which discusses the uncertainties and issues impacting global demand, oil supply and refining markets this year.

News Release

Key things to watch in the European gas market for 2022

13 January 2022

Risk of a cold winter, uncertainty around pipeline imports and low gas inventories have set the scene across Europe for another volatile year ahead, with the potential for gas prices to soar further and energy shortages to bite.

News Release

Global gas and LNG – 6 trends to watch in 2022

13 January 2022

Wood Mackenzie, releases its Global gas and LNG – 6 things to watch for in 2022 report.

News Release

Renewable power in Asia Pacific gains competitiveness amidst cost inflation

11 January 2022

Asia Pacific’s levelised cost of electricity (LCOE) for renewable power broke historical trends and rose in 2021 but still gained ground against fossil fuel power says Wood Mackenzie.

News Release

Sweden could become a pioneer in green steel production

21 December 2021

Sweden has shown it has potential to become a pioneer in green steel production, says Wood Mackenzie.

News Release

Global installed wind power capacity set to grow by 9% to 2030

15 December 2021

Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie.

News Release

Solar prices continue to rise but Build Back Better Act will boost installs 31% through 2026

14 December 2021

For the second quarter in a row, trade policy uncertainty and supply chain constraints are driving solar price increases across all market segments, according to the US Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

News Release

Upstream sector on the rebound – but ‘peak uncertainty’ fears weigh in 2022

13 December 2021

The oil and gas sector will continue to rebound in 2022, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK) But the positive outlook will be tempered by concerns about its future. In its Global Upstream Outlook 2022, Wood Mackenzie points out the upstream industry must respond to the implications of the pledges made at COP26 and governments must set a course for the industry to follow.

News Release

Li-ion battery recycling not expected to take off before 2030

08 December 2021

Lithium-ion (Li-ion) battery recycling is not expected to take off before 2030, according to a new report by Wood Mackenzie.

News Release

The plastics industry must go under the knife for a more sustainable future

18 November 2021

Stemming the flow of plastics into the environment will need ‘more than a nip and tuck approach’ if the world is to reach peak plastic and meet the net zero challenge, says Wood Mackenzie.

News Release

Wood Mackenzie and Ball Corporation announce satellite data analytics collaboration

11 November 2021

Wood Mackenzie, Inc. a Verisk business (NASDAQ:VRSK), and Ball Corporation (NYSE: BLL) announced today that they have formed a strategic agreement between the two organisations to accelerate the development of advanced analytics for energy markets.

News Release

China could ease restrictions on Australian coal and increase supply to alleviate power crunch

08 October 2021

Wood Mackenzie believes that Chinese authorities could allow customs clearance of stranded Australian thermal coal. In addition, the local governments in Yulin region of Shaanxi province and Inner Mongolia have announced yesterday that they will be increasing coal supply to meet demand.

News Release

Global energy storage set to triple in 2021

07 October 2021

New research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows annual global storage deployments will nearly triple year-on-year, reaching 12 GW/28 GWh in 2021. Across the world, economic recovery is top of mind for politicians, with renewable energy integration taking centre stage. Despite disruptions from the Covid-19 pandemic, Wood Mackenzie’s Global Energy Storage Outlook, released today, forecasts nearly 1 TWh of total demand from 2021-2030.

News Release

High carbon tax could erode up to 60% of Asia’s refining earnings

05 October 2021

A high carbon tax could erode up to 60% of Asia’s total refining earnings by 2027, says Wood Mackenzie, at the Global Energy Summit Focus Week.

News Release

US solar prices on the rise

14 September 2021

Despite the addition of 5.7 gigawatts (GWdc) of solar capacity in Q2 2021, supply chain constraints are leading to price increases across every solar market segment, according to the U.S. Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

News Release

Drought puts pressure on Brazil’s power sector

08 September 2021

The severe drought in Brazil will contribute to an extremely tight power balance in the country, new research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows.

News Release

Oil price windfall a ‘golden opportunity’ to speed up sector’s decarbonisation

19 August 2021

– Oil and gas companies must use the current cash flow windfall opportunity to speed up decarbonisation of their businesses, global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK) said in a report released today.

News Release

Steel sector emissions must fall 75% under 2°C scenario

10 August 2021

Carbon emissions in the steel sector must fall by 75% from today’s levels to limit global warming to within 2 degree Celsius (°C), says Wood Mackenzie.

News Release

Solar energy to boost demand for base metals

09 August 2021

According to a new report from Wood Mackenzie, a Verisk business (Nasdaq:VRSK), solar power will have a significant impact on demand for aluminium, copper, and zinc, with the usage of all three metals in the sector set to double by 2040.

News Release

Decarbonising plastic value chains remains Herculean task

26 July 2021

Despite the ‘war on plastics’, demand over the coming decades will be robust, underpinned by the growing global middle-class and the material requirements of the energy transition.

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Search results: 982

Domestic UK oil & gas can reduce reliance on energy imports

About 650,000 barrels per day of Russian crude oil to be ‘swapped’

World must double-down on plans to achieve net zero by 2050

Global lithium-ion battery capacity to rise five-fold by 2030

Europe can weather halt in Russian gas supplies

Utility evolution in Africa to reshape global electricity demand

Wood Mackenzie brings light to homes in Puerto Rico

Redesign biggest opportunity to clean up plastic packaging as sector GHG emissions predicted to rise 75% by 2040

Bulks most affected by Russia-Ukraine conflict; rising power prices a key concern

Energy transition may shave 2% off global GDP by 2050

Oil demand faces downside risks; supply shortage not anticipated in 2022 with lots to watch out for

Key things to watch in the European gas market for 2022

Global gas and LNG – 6 trends to watch in 2022

Renewable power in Asia Pacific gains competitiveness amidst cost inflation

Sweden could become a pioneer in green steel production

Global installed wind power capacity set to grow by 9% to 2030

Solar prices continue to rise but Build Back Better Act will boost installs 31% through 2026

Upstream sector on the rebound – but ‘peak uncertainty’ fears weigh in 2022

Li-ion battery recycling not expected to take off before 2030

The plastics industry must go under the knife for a more sustainable future

Wood Mackenzie and Ball Corporation announce satellite data analytics collaboration

China could ease restrictions on Australian coal and increase supply to alleviate power crunch

Global energy storage set to triple in 2021

High carbon tax could erode up to 60% of Asia’s refining earnings

US solar prices on the rise

Drought puts pressure on Brazil’s power sector

Oil price windfall a ‘golden opportunity’ to speed up sector’s decarbonisation

Steel sector emissions must fall 75% under 2°C scenario

Solar energy to boost demand for base metals

Decarbonising plastic value chains remains Herculean task

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