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Community solar stakes claim in US power market

27 July 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 July 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

Royalties reform could dampen investors’ appetite for Chile’s copper sector

29 June 2021

Proposed changes to Chile’s mining royalty regime will not have a drastic impact on the country’s production landscape in the near-term. However, analysis from global natural resources consultancy Wood Mackenzie, a Verisk company (Nasdaq:VRSK), indicates there is clear risk the amendments could compromise continued appetite to make large-scale, long-term investments in Chile’s copper sector.

News Release

Gold miners on track to align with 2°C climate target by 2030

23 June 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

Wood Mackenzie scales data analytics across the energy transition by adding Quinbrook as a Lens Power Development Partner

21 June 2021

Wood Mackenzie, the leading provider of commercial intelligence for the world’s natural resources sector, today welcomes Quinbrook Infrastructure Partners as a development partner for the industry-leading Lens decision intelligence platform.

News Release

Long-term LNG set to remain a buyers’ market

15 June 2021

The liquefied natural gas (LNG) long term contract market and LNG spot market are travelling in opposite directions. The long-term buyers’ market is only likely to end when it becomes clear that demand will outstrip new supply available from Qatar and Russia, global energy consultancy Wood Mackenzie said.

News Release

Japan unlikely to meet 46% emissions reduction by 2030

15 June 2021

Japan is unlikely to reach a 46% reduction in emissions by 2030 compared to 2013 levels, according to research by Wood Mackenzie.

News Release

South Korea could be more ambitious with renewables target in 9th Basic Plan

15 June 2021

South Korea could be more ambitious with its 9th Basic Plan’s 2030 renewables capacity target, according to research by Wood Mackenzie.

News Release

US solar market passes 100 GW milestone

15 June 2021

The US solar market surpassed 100 gigawatts (GWdc) of installed electric generating capacity, doubling the size of the industry over the last 3.5 years, according to the US Solar Market Insight Q2 2021 report, released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

News Release

US energy storage market sets Q1 record for deployments

08 June 2021

According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor’ report, 910 megawatt-hours (MWh) of new energy storage systems were brought online in Q1 2021. This is an increase of 252% over Q1 of last year, making it the biggest Q1 so far for the US storage market.

News Release

UK charts course for net zero North Sea

06 May 2021

The UK government and the country’s oil and gas sector recently agreed a deal to leverage the upstream industry's capabilities, accelerate the energy transition and help the North Sea reach net zero by 2050.

News Release

Renewable auctions no silver bullet for decarbonisation in Europe

24 March 2021

Up to the mid-2020s, approximately 70% of wind and solar development activity will be supported by auctions. However, data from across Europe highlights that market-level dynamics are shaping the approach of would-be developers. As such, auctions alone will not be enough to deliver much-needed capacity, according to Wood Mackenzie.

News Release

Commercial electric vehicle charging equipment market worth over $870 billion by 2050

10 March 2021

Government funding and zero-emission vehicle regulations are strong drivers for commercial electric vehicle (EV) adoption in every region thus far, therefore reducing the primary barrier to commercial EV adoption: cost. This policy support will see the annual market value of electric bus and truck charging outlets pass the $200 billion mark by 2045, according to Wood Mackenzie.

News Release

Significant increase in carbon pricing is key in 1.5-degree world

04 March 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

Floating offshore could be largest frontier for wind power in Asia Pacific

23 February 2021

Floating offshore could be the next frontier in wind power development in Asia Pacific, says Wood Mackenzie.

News Release

US winter freeze hits global olefins market

19 February 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

Australia should revise RET policy; more ambitious target needed to unlock investments

04 February 2021

Australia needs an ambitious long-term Renewable Energy Target (RET) policy to unlock future investments, says Wood Mackenzie.

News Release

Climate commitments to top energy and mining agendas in 2021

27 January 2021

What are the biggest emissions trends to watch this year? James Whiteside, Wood Mackenzie Global Head of Multi-Commodity Research, and Amy Bowe, Wood Mackenzie Head of Carbon Research, see five key themes

News Release

Future of gas in energy transition to be defined in 2021

14 January 2021

2021 will be a defining year for the gas and LNG industry, says Wood Mackenzie in its latest outlook report.

News Release

Europe's Green Deal and pandemic recovery to take centre stage in 2021

07 January 2021

With hopes of vaccines setting a better course for 2021, this year will see policymakers and market participants focus on initial but substantive steps towards net-zero objectives.

News Release

Decarbonisation key to future of Asia Pacific’s upstream industry

15 December 2020

Wood Mackenzie’s Asia Pacific upstream 2021 outlook report shows that the development of regional decarbonisation roadmaps is crucial to the future of the upstream industry.

News Release

Over three quarters of new LNG supply could be impacted in 2-degree world

09 December 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.

News Release

Scrap metals to remain underutilised despite availability and rising demand

26 November 2020

Scrap metals demand growth is expected to outpace primary metals over the next two decades. However, it will remain underutilised compared to its overall availability, says Wood Mackenzie.

News Release

Chemical recycling boost could see global plastic packaging recycling hit 50% by 2040

18 November 2020

If the plastics value chain is to become more sustainable, the industry must focus on reducing the amount of mismanaged waste and recapturing as much of its value as possible. To do this, more investment must be allocated to chemical recycling technologies, according to Wood Mackenzie.

News Release

The UK's 10-point climate action plan - what does it mean for energy?

18 November 2020

Prime Minister Boris Johnson has announced the UK's new 10-point climate action plan.

News Release

Consolidation to become major theme in E&P’s transition

17 November 2020

Consolidation among the Independents will accelerate in the face of energy transition, says Wood Mackenzie.

News Release

Global solar PV installations to hit 115 GWdc in 2020

27 October 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

ConocoPhillips swoops on Concho in $9.7bn all-stock deal

19 October 2020

Speaking after ConocoPhillips announced it will take over Concho Resources in a $9.7 billion all-stock deal, Robert Clarke, vice president, Lower 48 upstream, at Wood Mackenzie, said: “The combination is remarkable. Just in scale, ConocoPhillips is adding enough Permian production to nip at the heels of ExxonMobil’s massive programme."

News Release

Significant government intervention necessary if bioplastics are to scale

19 October 2020

In order to achieve the scale needed to play a meaningful role, the bioplastics industry will require significant regulatory interventions from governments and substantial cost efficiencies as technologies mature and scale, according to Wood Mackenzie.

News Release

PV module innovations to help drive down solar costs in coming decade

19 October 2020

The global solar industry has experienced tremendous growth in the past decade as the annual demand for solar rose year after year while the cost of solar declined significantly. In the 2020s, solar module costs will continue to fall, albeit at a much slower rate. Instead, improvement in module efficiency and power class will propel the declining capex trend forward and ultimately lower the solar levelised cost of energy (LCOE), new research from Wood Mackenzie found.

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Search results: 1006

Community solar stakes claim in US power market

Asia Pacific solar PV capacity to triple to 1,500 GW by 2030

Royalties reform could dampen investors’ appetite for Chile’s copper sector

Gold miners on track to align with 2°C climate target by 2030

Wood Mackenzie scales data analytics across the energy transition by adding Quinbrook as a Lens Power Development Partner

Long-term LNG set to remain a buyers’ market

Japan unlikely to meet 46% emissions reduction by 2030

South Korea could be more ambitious with renewables target in 9th Basic Plan

US solar market passes 100 GW milestone

US energy storage market sets Q1 record for deployments

UK charts course for net zero North Sea

Renewable auctions no silver bullet for decarbonisation in Europe

Commercial electric vehicle charging equipment market worth over $870 billion by 2050

Significant increase in carbon pricing is key in 1.5-degree world

Floating offshore could be largest frontier for wind power in Asia Pacific

US winter freeze hits global olefins market

Australia should revise RET policy; more ambitious target needed to unlock investments

Climate commitments to top energy and mining agendas in 2021

Future of gas in energy transition to be defined in 2021

Europe's Green Deal and pandemic recovery to take centre stage in 2021

Decarbonisation key to future of Asia Pacific’s upstream industry

Over three quarters of new LNG supply could be impacted in 2-degree world

Scrap metals to remain underutilised despite availability and rising demand

Chemical recycling boost could see global plastic packaging recycling hit 50% by 2040

The UK's 10-point climate action plan - what does it mean for energy?

Consolidation to become major theme in E&P’s transition

Global solar PV installations to hit 115 GWdc in 2020

ConocoPhillips swoops on Concho in $9.7bn all-stock deal

Significant government intervention necessary if bioplastics are to scale

PV module innovations to help drive down solar costs in coming decade

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