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Global energy storage set to triple in 2021

07 十月 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.

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Controlling emissions could have short-term negative impact on Chinese economy

08 九月 2021

China’s efforts to control carbon emissions could have a negative impact on its economic growth in the short term, says Wood Mackenzie.

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Electric vehicle sales to vault over 6 million in 2021

31 八月 2021

Global electric vehicle (EV) sales are expected to vault over 6 million this year, says Wood Mackenzie.

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Small modular nuclear reactors could be key to meeting Paris Agreement targets

24 八月 2021

Small modular nuclear reactors (SMR) could play a crucial role in meeting Paris Agreement targets, says Wood Mackenzie.

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Corporate renewable PPAs playing bigger role in decarbonising Asia Pacific

18 八月 2021

Corporate renewable power purchase agreements (PPA) are starting to play a bigger role in Asia Pacific’s decarbonisation efforts, says Wood Mackenzie.

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Latest IPCC climate report calls for reaching net zero emissions earlier than 2050

10 八月 2021

Wood Mackenzie Asia Pacific Head of Markets and Transitions Prakash Sharma responds to the recently released IPCC report.

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

10 八月 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.

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China’s CATL launches sodium-ion battery

29 七月 2021

China’s CATL unveiled its newly-developed sodium-ion battery at a launch event today.

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Japan’s new 2030 energy mix unveils radical plans to transform the energy system

27 七月 2021

Last week, Japan’s Ministry of Economy, Trade and Industry (METI) released a draft of its upcoming 6th Strategic Energy Plan which included major changes to the FY2030 power generation mix targets.

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New global wind power life cycle emissions to reach 55 Mt CO2 from 2020-2050

08 七月 2021

According to Wood Mackenzie, a Verisk business (Nasdaq:VRSK), global wind power life cycle emissions will reach 55 million tonnes of carbon dioxide equivalent (Mt CO2) from 2020 to 2050, a result of wind power capacity expanding five-fold to 3.7 terawatts from 2020 to 2050. This is roughly equivalent to four times the US’s total power capacity in 2020.

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Australia's pathway to net-zero emissions by 2050

20 四月 2021

On 19 April, Australian PM Scott Morrison's commented on the country's road to net-zero emissions.

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Carbon neutrality goal forces Chinese aluminium smelters away from captive coal power

19 四月 2021

China’s march towards carbon neutrality is forcing its aluminium smelters away from using captive coal-fired power, says Wood Mackenzie.

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Global wind power installations hit record levels in 2020

29 三月 2021

114 GW of new wind capacity was added globally in 2020, representing an 82% increase year-over-year (YoY), according to new research from Wood Mackenzie. This is the highest global annual installation total on record.

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Chinese NEV and HEV sales to rise over 15-fold by 2035

23 三月 2021

Sales of China’s new energy vehicles (NEV) and hybrid electric vehicles (HEV) combined are expected to rise 15-fold or more by 2035 with their share in total new car sales exceeding 80%, says Wood Mackenzie.

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China’s green ambitions can complement energy security and economic goals

18 三月 2021

Wood Mackenzie’s latest report reveals that China’s march towards carbon neutrality by 2060 can complement both energy security and economic goals.

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Global offshore wind O&M market to grow 16% annually to US$12 billion by 2029

09 三月 2021

Wood Mackenzie’s latest report shows that the global offshore wind operations and maintenance (O&M) market is expected to grow 16% annually to reach US$12 billion (€10 billion) by 2029.

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

04 三月 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.

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Myanmar coup and impact on oil and gas industry

04 二月 2021

Following the military coup in Myanmar on Monday, February 1st, Wood Mackenzie and Verisk Maplecroft experts weigh in on what this means for the oil and gas industry.

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Solar power now cheapest way to add electricity in many markets - and getting cheaper

21 一月 2021

The cost of solar power has dropped 90% over the last two decades, and will likely fall another 15% to 25% in the decade to come, says Wood Mackenzie. By 2030, solar will become the cheapest source of new power in every US state, plus Canada, China, and 14 other nations.

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South Korea announces carbon neutrality pledge

29 十月 2020

South Korea becomes the latest Asian economy to announce its net-zero carbon emissions pledge.

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

19 十月 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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China’s carbon neutrality bill could hit over US$5 trillion

08 十月 2020

Wood Mackenzie’s latest analysis shows over US$5 trillion of investments would be needed for China to reach its pathway for carbon-neutrality by 2060.

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Global energy storage capacity to grow at CAGR of 31% to 2030

30 九月 2020

Wood Mackenzie’s latest report shows global energy storage capacity could grow at a compound annual growth rate (CAGR) of 31%, recording 741 gigawatt-hours (GWh) of cumulative capacity by 2030.

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China pledges to be carbon-neutral by 2060

23 九月 2020

On 22 September, China announced its ambition to be carbon-neutral by 2060. Wood Mackenzie experts weigh in on what this means.

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UK can lead world in net zero energy technologies – but investment is critical

16 九月 2020

Wood Mackenzie today delivered a comprehensive roadmap for the North Sea’s future to the OGTC, setting out the critical technologies needed to deliver an integrated net zero energy system on the UK Continental Shelf (UKCS), positioning the UK as a world-leader in the move to a low carbon world.

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China’s gas power plants bleed under pressure from lower tariffs and trade war

15 九月 2020

China’s gas power plants are struggling to stay afloat as they face mounting pressure from lower tariffs and the ongoing trade war, says Wood Mackenzie.

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Global lithium-ion cell manufacturing capacity to quadruple to 1.3 TWh by 2030

11 八月 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.

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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.

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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%.

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French major Total to take 50% stake in Adani solar unit

07 二月 2020

Speaking after French major Total announced it planned to buy a 50% stake in Indian company Adani Green Energy’s solar unit, Tom Heggarty, principal analyst with Wood Mackenzie’s Energy Transition Practice, said: “Total has been extremely active in the power and renewables M&A market as it seeks to diversify its activities and grow its exposure to the zero-carbon power sector."

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Search results: 104

Global energy storage set to triple in 2021

Controlling emissions could have short-term negative impact on Chinese economy

Electric vehicle sales to vault over 6 million in 2021

Small modular nuclear reactors could be key to meeting Paris Agreement targets

Corporate renewable PPAs playing bigger role in decarbonising Asia Pacific

Latest IPCC climate report calls for reaching net zero emissions earlier than 2050

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

China’s CATL launches sodium-ion battery

Japan’s new 2030 energy mix unveils radical plans to transform the energy system

New global wind power life cycle emissions to reach 55 Mt CO2 from 2020-2050

Australia's pathway to net-zero emissions by 2050

Carbon neutrality goal forces Chinese aluminium smelters away from captive coal power

Global wind power installations hit record levels in 2020

Chinese NEV and HEV sales to rise over 15-fold by 2035

China’s green ambitions can complement energy security and economic goals

Global offshore wind O&M market to grow 16% annually to US$12 billion by 2029

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

Myanmar coup and impact on oil and gas industry

Solar power now cheapest way to add electricity in many markets - and getting cheaper

South Korea announces carbon neutrality pledge

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

China’s carbon neutrality bill could hit over US$5 trillion

Global energy storage capacity to grow at CAGR of 31% to 2030

China pledges to be carbon-neutral by 2060

UK can lead world in net zero energy technologies – but investment is critical

China’s gas power plants bleed under pressure from lower tariffs and trade war

Global lithium-ion cell manufacturing capacity to quadruple to 1.3 TWh by 2030

Woodside takes impairment but is a US$80 carbon price the bigger news?

Covid-19 lockdown hits global solar PV market

French major Total to take 50% stake in Adani solar unit