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News Release
US executive order banning Chinese bulk-power equipment set to worsen critical transformer shortage
- 31 August 2026
US Executive Order 14420, banning imported bulk-power equipment from certain nations, in particular China, could impact a market of more than $22 billion in imports since 2025 and test an already stressed supply chain for importers, according to a recent Wood Mackenzie analysis.
News Release
Asia Pacific renewables generation investments could hit US$1.3 trillion by 2030
- 22 June 2021
Asia Pacific renewables (wind and solar) generation investments could double to US$1.3 trillion over the current decade to 2030 compared to the previous decade (2011 – 2020), says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).
News Release
Middle East conflict disrupts major metals and mining markets, threatening global supply and prices
- 27 May 2026
Wood Mackenzie's latest report “The ripple effect: How conflict is impacting global metals & mining” shows that the Middle East conflict, which escalated in early 2026, is driving cascading disruptions across global metals and mining supply chains. The Strait of Hormuz’s closure and damage to reg...
News Release
Chinese integrators capture 76% of global BESS market as dominance expands
- 30 June 2026
Chinese system integrators continued to dominate the global battery energy storage system (BESS) market in 2025, capturing 76% of global market share, according to “Global energy storage system integrator market share” 2026 by Wood Mackenzie.
News Release
How the energy transition can reduce the risk of future shocks
- 21 April 2022
Five key lessons from today's energy crisis on how to manage the shift to lower-carbon sources while strengthening energy security
News Release
How do the Majors stack up in the Lower 48?
- 16 October 2018
The Major oil and gas companies have made big strategic bets on the US Lower 48's unconventional plays. The scale, returns and investment flexibility offered by tight oil and gas has made it an essential part of most major players’ portfolios. But how do the players compare to each other?
News Release
Global wind power outlook falls by 29 GW Q-o-Q
- 05 December 2023
The outlook for the global wind power sector has fallen by 29 gigawatts (GW) in the fourth quarter of 2023 (Q4 2023), with the downgrade signifying a drop in cumulative installed capacity to 2.35 terawatts (TW) by the end of 2032 according to Wood Mackenzie.
News Release
Asia Pacific’s decarbonisation bill to hit US$3.5 trillion in 2040
- 12 November 2019
Recent research by Wood Mackenzie indicates that Asia Pacific’s decarbonisation bill could hit US$3.5 trillion by 2040. This includes investments in solar, wind, hydrogen, nuclear, and hydro power, collectively referred to as zero-carbon energy between now and 2040, under Wood Mackenzie’s accelerated transition scenario.
News Release
Vestas breaks annual wind turbine installation record
- 11 May 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
Natural Carbon Sinks Absorb 40% of Human CO2 Emissions and Are Not Valued in Most Climate Models
- 03 September 2026
The natural systems that absorb nearly half of all CO2 produced by human activities are under increasing stress. The policies and financial frameworks designed to protect them are not keeping pace. Those are the central findings of Nature capital: the unpriced carbon, a Wood Mackenzie report published in August 2026.
News Release
APAC to invest US$3.3 trillion in power generation over next decade
- 04 October 2023
The Asia Pacific region is forecast to invest US$3.3 trillion in power generation over the next 10 years, with 49% earmarked for wind and solar, and 12% for energy storage, according to latest Wood Mackenzie analysis.
News Release
Wood Mackenzie launches first global BESS integrator ranking as battery storage installations reach an all-time high
- 14 July 2026
The global battery energy storage industry reached a major milestone in 2025, surpassing 100 GW of annual installations for the first time. As battery storage becomes critical infrastructure for modern power systems, Wood Mackenzie's first-ever Global Battery Energy Storage System (BESS) Integrator Comprehensive Ranking finds that buyers are increasingly selecting suppliers based on their ability to deliver across the entire project lifecycle.
News Release
Global lithium-ion cell manufacturing capacity to quadruple to 1.3 TWh by 2030
- 11 August 2020
Wood Mackenzie’s latest report shows that global lithium-ion cell manufacturing capacity pipeline could rise fourfold to reach 1.3 terawatt-hour (TWh) in 2030 compared to 2019.
News Release
Southeast Asia to deliver less than one-third of planned gas power capacity by 2030
- 04 August 2026
New Wood Mackenzie research finds only 14.9 GW of the region's planned 53 GW gas-fired power pipeline is expected to come online this decade as turbine shortages, financing constraints and growing LNG dependence reshape Southeast Asia's energy transition
News Release
Third-party ownership dominates US non-residential solar market, reaching 72% share in 2024
- 19 May 2025
Third-party ownership (TPO) of non-residential projects in the United States increased to 72% market share in 2024, up from 69% in 2023, according to the latest US Commercial Solar Competitive Landscape report from Wood Mackenzie.
News Release
Lithium demand could exceed 13 million tonnes by 2050 as energy transition accelerates
- 03 March 2026
Global lithium demand could exceed 13 million tonnes by 2050 under an accelerated energy transition, more than double base case projections, according to Wood Mackenzie’s latest Energy Transition Outlook for Lithium. Without significant new investment, supply deficits could emerge as early as 2028. Even under the Wood Mackenzie’s base case scenario, existing supply projects are unlikely to meet demand beyond the mid-2030s, highlighting the need for sustained investment across the value chain.
News Release
Utilities drive Q2 growth in US as pandemic causes drop in rooftop solar installations
- 10 September 2020
The US solar market installed 3.5 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q2 2020, a drop of 6% from Q1 installations. At the same time, utility-scale solar remained resilient despite the Covid-19 pandemic, representing 71% of all new solar capacity brought online in Q2.
News Release
China to become largest energy storage market in Asia Pacific by 2024
- 09 July 2019
China’s cumulative energy storage capacity is projected to skyrocket from 489 megawatts (MW) or 843 megawatt-hours (MWh) in 2017 to 12.5 gigawatts (GW) or 32.1GWh in 2024. This represents an increase in the installed base of 25 times.
News Release
India on track for record 50 GW solar year as ALMM-II mandate reshapes domestic supply chain
- 13 August 2026
New Wood Mackenzie research finds utility-scale system prices set to rise 20% by Q4 2026 as cell supply constraints bite
News Release
Global solar PV O&M market reaches 348 GW as consolidation tightens and costs fall
- 31 August 2026
Top 15 vendors now control 57% of the global market, managing 200 GW Full-wrap O&M contract costs fall 18% year-on-year in North America Middle East and Africa O&M volume nearly doubles in 2025
News Release
Global floating solar to top 6GW threshold by 2031
- 24 May 2023
The global floating solar market is expected to pass the six-gigawatt (GW) threshold by 2031, as PV developers struggle to meet growing solar demand and look to alternate development technologies.
News Release
OPEC+ maintains production plan
- 27 April 2021
OPEC+ is, as expected, holding firm to its decision to increase supply, gradually and carefully, over the coming months.

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