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Balance-of-systems costs for US non-residential storage to drop

24 October 2019

Non-residential storage system costs will fall by 27% in the US over the next five years, according to new research from natural resources consultancy Wood Mackenzie.

News Release

US residential energy storage surges

10 September 2019

A record 35 megawatts of residential storage was deployed in Q2 as a result of rising customer interest and support incentives in more state markets

News Release

What would Australia's Labor win mean for the resources, energy and power sectors?

06 May 2019

Australia's general election is around the corner and Labor looks set for victory. Labor has announced its commitment to reduce Australia’s carbon emissions by 45% between 2005 and 2030, and to reach net-zero pollution by 2050. It has also proposed changes to existing mechanisms to lower energy and gas prices.

News Release

Global wind turbine order capacity increased 31% in 2018

27 March 2019

Global wind turbine order intake was up 20% in Q4 2018 YoY to nearly 18GW, surpassing 2016's record by 5.4GW, according to new research from Wood Mackenzie Power & Renewables.

News Release

Universal electricity access investment surpassed $500 million in 2018

04 March 2019

Total annual investment in the off-grid energy access sector surpassed $500 million in 2018, according to a new report from Wood Mackenzie Power & Renewables and Energy 4 Impact

News Release

Looming supply chain crunch threatens US wind energy boom

09 January 2019

Read about the potential supply chain issues facing the US wind energy industry & how they may impact its growth.

News Release

North America to lead next wave of global LNG projects

18 December 2018

North America will lead the next wave of global LNG project sanctions in 2019, with three US Gulf Coast developments expected to reach final investment decision (FID) in the first half of 2019, according to Wood Mackenzie's latest quarterly North America LNG projects update.

News Release

Alternate battery technology vendor ecosystem growing rapidly

16 August 2018

Wood Mackenzie Power & Renewables expects new flavours of NMC chemistry, including 532 (5 parts nickel, 3 parts manganese, and 2 parts cobalt) and 622 (6 parts nickel, 2 parts manganese, and 2 parts cobalt) to start gaining market share by 2019.

News Release

East Coast gas prices could rise 30 percent in five years

25 May 2018

In a recent study, Wood Mackenzie forecasts Australia's East Coast gas prices to rise up to 30 percent to between A$10 and A$13 /per gigajoule by the mid 2020s.

News Release

A new era for oil and gas in Mexico

16 May 2018

Look no further than Mexico for an example of what a successful energy reform looks like. Over the past five years, the country has dramatically overhauled its energy landscape. A new report analyses the impacts of the energy reform on the country's upstream sector.

News Release

Will a shifting global market embrace US crude?

05 March 2018

A new study by Wood Mackenzie, examines this shift in the oil market, and assesses the challenges and opportunities facing the market and US producers and midstream operators.

News Release

TransCanada receives approval for Keystone XL pipeline

21 November 2017

TransCanada receives regulatory approval from the Nebraska Public Service Commission to proceed with building its Keystone XL pipeline after almost a decade of environmental and regulatory hurdles.

News Release

Global upstream FIDs on track to double in 2017

17 July 2017

In the first half of the year, the industry has already witnessed 15 project sanctions, almost comparable to project sanctions in the whole of 2016.

News Release

Return of Asian investment in US tight oil

08 May 2017

If Asia's largest upstream players want to grow production, Wood Mackenzie expects them to diversify into the US tight oil market.

News Release

Revival of deepwater industry: best projects closing gap

30 March 2017

The deepwater industry has emerged from the downturn leaner and more competitive with US tight oil

News Release

IMO 2020 regulation could cost shippers extra US$60 billion a year

28 February 2017

The 0.5 wt% sulphur cap for bunker fuels could have far-reaching repercussions

News Release

Russia supply reduction via Nord Stream poses risks to gas storage refill in Europe

17 June 2022

Russia reducing flows via Nord Stream, outages at Freeport and French nuclear downgrades have sent the European natural gas market into an upward spiral with more volatility still to come. And while summer consumption will be covered, analysts at Wood Mackenzie, a Verisk business (Nasdaq: VRSK) say storage refill is at risk unless additional demand and supply measures are taken.

News Release

US energy storage installations reach new quarterly record in Q2 with 5.6 GW

26 September 2025

The U.S. energy storage market set a record for quarterly growth in Q2 2025, with 5.6 gigawatts (GW) of installations, according to the latest U.S. Energy Storage Monitor report released today by the American Clean Power Association (ACP) and Wood Mackenzie.

News Release

Saudi Aramco and Sempra Energy sign largest LNG deal for 6 years

22 May 2019

Sempra Energy and Saudi Aramco today announced their respective subsidiaries, Sempra LNG and Aramco Services Company, have signed a heads of agreement (HOA), which anticipates the negotiation and finalisation of a definitive 20-year sale-and-purchase agreement covering 5 million metric tons each year from the Port Arthur LNG export project under development.

News Release

Asia Pacific could become a global leader in the energy transition

21 February 2024

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.

News Release

South Korea could miss 2030 renewables target

27 March 2019

South Korea is unlikely to meet its 2030 renewables target, says Wood Mackenzie at a media briefing in Seoul today. According to the consultancy's analysis, renewables will account for about 17% of the country's power mix, a little shy of its original target.

News Release

Puerto Rico microgrid market to more than double by end of 2024

03 June 2019

New research from Wood Mackenzie forecasts the microgrid market in Puerto Rico will reach 228 megawatts (MW) by the end of 2024, more than double the microgrid generation capacity currently available on the island.

News Release

Europe needs to change course to hit 2030 emissions target

18 February 2021

Europe’s new 2030 emissions target of a 55% reduction over 1990 levels has made it the undisputed global leader in climate ambition. However, with the region still a long way from achieving this rapidly approaching goal, dramatic changes are needed.

News Release

OPEC+ deal balances consumer pressure with need for stable prices

23 June 2018

The OPEC+ meeting, held in Vienna on 23 June 2018, confirmed Saudi Arabia and Russia’s high-level commitment to co-operate to manage the oil market.

News Release

EU’s ‘Fit for 55’ lays out bloc’s green blueprint

14 July 2021

Europe is at the forefront of the shift to net zero, both in ambition, but also in terms of how to make rapid and deep decarbonisation a reality. The world needs to reduce carbon dioxide (CO2) emissions as quickly as possible. Not doing so means we will need to turn to expensive and unproven technologies to withdraw CO2 from the atmosphere later this century.

News Release

Wood Mackenzie and Let’s Share the Sun donate solar PV and energy storage system to women’s shelter in Puerto Rico

08 March 2024

On International Women’s Day, Wood Mackenzie, in partnership Let’s Share the Sun and other third parties, dedicated 51 solar panels and battery storage to a shelter for victims of domestic violence in Puerto Rico. The fully installed 25 kW-DC system will provide a significant portion of the shelter’s power needs.

News Release

US renewables annual capacity additions to nearly triple in 10 years

15 September 2023

Speaking at the RE+ conference in Las Vegas, Chris Seiple, vice chairman, power and renewables for Wood Mackenzie said that with the Inflation Reduction Act (IRA) driving the economic competitiveness of renewables, annual capacity additions will nearly triple in 10 years to 110 gigawatts (GW).

News Release

Europe emerges as global LNG price-setter

27 May 2021

Global liquefied natural gas (LNG) markets were set to tighten over the next five years, driven by a slowdown in global LNG supply growth. But Europe’s market dynamics are turbo-charging the price recovery, with TTF currently trading close to US$9 per million British thermal units (/mmbtu), a level not seen since mid-2018. Following the recent winter spot price spike in Asia, the European market has been sustaining global LNG prices, making the region a battleground for global LNG price formation, new research from global natural resources consultancy Wood Mackenzie found.

News Release

A supercharged China could turn up the heat on global commodities

23 March 2023

The Chinese economy is expected to grow by 5.5% but could grow by as much as 7% in 2023 as the country bounces back from three years of lock-down caused by the Covid pandemic according to a new report by Wood Mackenzie.

News Release

Oil price rout may trigger major industry shake-up

10 March 2020

As global markets reel in the wake of the oil price crash, Wood Mackenzie’ corporate analysis team believes the price collapse could be the trigger for a new phase of deep industry restructuring - one that rivals the changes seen in the late-1990s.

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Search results: 867

Balance-of-systems costs for US non-residential storage to drop

US residential energy storage surges

What would Australia's Labor win mean for the resources, energy and power sectors?

Global wind turbine order capacity increased 31% in 2018

Universal electricity access investment surpassed $500 million in 2018

Looming supply chain crunch threatens US wind energy boom

North America to lead next wave of global LNG projects

Alternate battery technology vendor ecosystem growing rapidly

East Coast gas prices could rise 30 percent in five years

A new era for oil and gas in Mexico

Will a shifting global market embrace US crude?

TransCanada receives approval for Keystone XL pipeline

Global upstream FIDs on track to double in 2017

Return of Asian investment in US tight oil

Revival of deepwater industry: best projects closing gap

IMO 2020 regulation could cost shippers extra US$60 billion a year

Russia supply reduction via Nord Stream poses risks to gas storage refill in Europe

US energy storage installations reach new quarterly record in Q2 with 5.6 GW

Saudi Aramco and Sempra Energy sign largest LNG deal for 6 years

Asia Pacific could become a global leader in the energy transition

South Korea could miss 2030 renewables target

Puerto Rico microgrid market to more than double by end of 2024

Europe needs to change course to hit 2030 emissions target

OPEC+ deal balances consumer pressure with need for stable prices

EU’s ‘Fit for 55’ lays out bloc’s green blueprint

Wood Mackenzie and Let’s Share the Sun donate solar PV and energy storage system to women’s shelter in Puerto Rico

US renewables annual capacity additions to nearly triple in 10 years

Europe emerges as global LNG price-setter

A supercharged China could turn up the heat on global commodities

Oil price rout may trigger major industry shake-up