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News Release
US electric truck sales set to increase exponentially by 2025
- 10 八月 2020
There were just over 2,000 electric trucks on US roads at the end of 2019. This stock is expected to grow to over 54,000 by 2025, according to new analysis from Wood Mackenzie.
Comment
BP underscores commitment to energy transition
- 04 八月 2020
Today’s BP strategy update marked a big step forward, filling in many of the blanks, including detailed guidance to 2030. It leaves stakeholders with a much clearer idea of where BP is headed over the next decade, how it will to get there and what that means for the value proposition.
News Release
China to add 251GW of new wind capacity by 2029
- 03 八月 2020
China is expected to add 251 gigawatts (GW) of new wind capacity between 2020 and 2029, says Wood Mackenzie. The country’s wind power market could reach a cumulative grid connected capacity of 461GW by the end of the decade.
News Release
Record number of microgrids installed in US last year
- 22 七月 2020
546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie.
Comment
Woodside takes impairment but is a US$80 carbon price the bigger news?
- 15 七月 2020
Wood Mackenzie analysts delved deeper into implications of Woodside's announced US$80 carbon price.
News Release
General Motors to hit 5 million electric vehicle sales by 2030
- 14 七月 2020
General Motors (GM) has set an annual target for 1 million electric vehicle (EV) sales globally by the mid-2020s. Although the company will only meet half of that target by 2026, it is expected to hit 5 million in cumulative EV sales by 2030 according to new research from Wood Mackenzie.
News Release
Over $13 billion of wind turbine capacity ordered in Q1 2020
- 08 七月 2020
The first quarter of 2020 saw nearly 14 GW of wind turbine capacity ordered globally. This is the second-highest first quarter on record and equates to an estimated $13.4 billion, according to new analysis from Wood Mackenzie.
News Release
Sunrun-Vivint Solar deal represents largest consolidation in residential solar history
- 07 七月 2020
Sunrun has agreed to acquire Vivint Solar in an all-stock transaction. The deal is valued at $3.2 billion including debt.
News Release
US offshore wind powers up
- 23 六月 2020
The US offshore wind industry is set to power up over the coming decade. New research from Wood Mackenzie shows that as the sector ramps up from near-zero today, it could deliver as much as 25 gigawatts (GW) in 2029, capturing almost half of the US market for new wind power installations.
News Release
Annual solar repairs and maintenance spend to grow to $9 billion by 2025
- 22 六月 2020
Solar power systems nearing inverter end of life currently account for 5% of the global PV market. This number will grow to 16% - or 227GWDC of solar systems - by 2025, according to new research by Wood Mackenzie.
News Release
Mexico, Central America and Caribbean power up with record wind capacity
- 18 六月 2020
Mexico, Central America and the Caribbean saw a record 1,830 megawatts (MW) of new wind power capacity installed across the region in 2019 – a 126% year-on-year increase in additions, according to new research from Wood Mackenzie.
News Release
Subsidy cuts could slash Chinese wind turbine OEMs’ margins by half
- 18 六月 2020
China’s wind turbine original equipment manufacturers (OEMs) could have their gross profit margins halved due to subsidy cuts, says Wood Mackenzie.
News Release
Australia’s energy storage capacity more than doubles to 1.2 GWh in 2020
- 17 六月 2020
According to new research from Wood Mackenzie, Australia is set to add 1.2 gigawatt-hour (GWh) of energy storage capacity in 2020, more than double the 499 MWh installed in 2019. This takes the country’s cumulative storage capacity at 2.7 GWh this year.
News Release
US solar market sets Q1 record but pandemic mutes Q2 outlook
- 11 六月 2020
The U.S. solar market installed 3.6 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q1 2020, representing its largest first quarter ever and 40% of all new electric generating capacity additions in the United States.
News Release
Power system flexibility key to Europe's net-zero targets
- 03 六月 2020
The success of Europe’s transition to net-zero emissions by 2050 will hinge on the flexibility of its power system.
News Release
US energy storage market sees strong first quarter despite coronavirus
- 02 六月 2020
The United States energy storage sector saw a strong first quarter, with residential storage setting another record while the non-residential market had its third-strongest quarter on record.
Comment
China's Two Sessions reiterates commitment to pollution control
- 22 五月 2020
The topic of environmental protection continues to feature heavily in the Two Sessions today. Wood Mackenzie experts share some initial thoughts.
News Release
Bangladesh to double its fossil fuel imports in a decade
- 14 五月 2020
Bangladesh is expected to double its fossil fuel imports to 32 million tonnes of oil equivalent (Mtoe) between 2020 and 2030, says Wood Mackenzie.
News Release
Vestas breaks annual wind turbine installation record
- 11 五月 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
150 GW of renewables projects in Asia Pacific at risk in a coronavirus-led recession
- 22 四月 2020
Wood Mackenzie’s latest research shows that up to 150 gigawatts (GW) of wind and solar projects across the Asia Pacific could be delayed or cancelled over the next five years (2020 – 2024), if the coronavirus-led recession extends beyond 2020.
News Release
Covid-19 lockdown hits global solar PV market
- 09 四月 2020
The coronavirus pandemic will have a significant impact on the global solar PV market. Construction and development is slowing as countries around the world enforce unprecedented lockdowns. As the world economy faces severe economic disruption, Wood Mackenzie has downgraded its forecast for 2020 installations from 129.5 gigawatts (GW) to 106.4 GW, a reduction of 18%.
News Release
Global electric vehicle sales to drop 43% in 2020
- 08 四月 2020
Global electric vehicle (EV) sales closed at 2.2 million in 2019. This number is expected to drop 43% to 1.3 million by the end of 2020, according to new research from Wood Mackenzie.
News Release
$600bn to be spent on wind turbines globally by 2028
- 07 四月 2020
According to new analysis from Wood Mackenzie, annual average wind turbine supply is forecast to hit $60 billion between 2020 and 2028 - reflecting an increase of 8% compared to 2019.
News Release
India’s renewables installation could fall by a fifth due to lockdown
- 06 四月 2020
In a new report, Wood Mackenzie projects that India could face over 21.6% or 3 gigawatts (GW) of solar photovoltaic (PV) and wind installations being delayed as a result of the country’s lockdown.
News Release
Coronavirus could derail energy storage growth in 2020
- 01 四月 2020
If coronavirus containment measures continue to curtail movement of goods and people through Q2 this year, alongside an economic downturn, the market impact could trim Wood Mackenzie’s 2020 global energy storage deployments forecast by 19%.
News Release
Coronavirus restrictions set to hit US utility-scale solar projects
- 01 四月 2020
The coronavirus pandemic is likely to have a material impact on utility-scale solar installations in the US this year, and perhaps even into 2021. In its Coronavirus: US Solar PV Supply Chain and Utility-Scale Market Risk report, Wood Mackenzie says that, in a best-case scenario, the market could see up to four weeks of supply delays affecting a few hundred MWs of modules and inverters. This, combined with construction disruptions, could translate into as much as 2 GWdc of project development delays in 2020.
News Release
Coronavirus impact trims US behind-the-meter storage forecast by 31%
- 27 三月 2020
Wood Mackenzie has trimmed its forecast for US behind-the-meter (BTM) energy storage in 2020 by 31% as a result of the coronavirus crisis.
News Release
Global wind power capacity to grow by 112% over next 10 years
- 26 三月 2020
Global wind power capacity additions are expected to sit at an annual average of 77GW from 2020 to 2029, according to Wood Mackenzie.
News Release
Flexible power grid crucial to meeting energy transition goals in 2020s
- 18 三月 2020
Over the next decade, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility and power markets, according to Wood Mackenzie.
Comment
UK Budget - £500 million to support rapid electric vehicle charging hubs
- 11 三月 2020
Wood Mackenzie expects 1.5% of all passenger vehicles in the United Kingdom to have a plug by the end of 2020, ramping up to 43% by 2040.

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