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News Release
Energy transition may shave 2% off global GDP by 2050
- 20 一月 2022
The world has the means, motive and opportunity to cap global warming to the 1.5°C limit agreed in the Paris Climate Accord, new research released today by Wood Mackenzie, a Verisk company (Nasdaq: VRSK) shows. But there will be tangible economic implications of an accelerated energy transition. While global economic output is likely to take a hit until 2050, it could be recoverable by the end of the century, according to Wood Mackenzie.
News Release
Renewable power in Asia Pacific gains competitiveness amidst cost inflation
- 11 一月 2022
Asia Pacific’s levelised cost of electricity (LCOE) for renewable power broke historical trends and rose in 2021 but still gained ground against fossil fuel power says Wood Mackenzie.
News Release
Sweden could become a pioneer in green steel production
- 21 十二月 2021
Sweden has shown it has potential to become a pioneer in green steel production, says Wood Mackenzie.
News Release
Global installed wind power capacity set to grow by 9% to 2030
- 15 十二月 2021
Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie.
Comment
China’s GDP to further decelerate in Q4 2021
- 01 十二月 2021
China’s economy has faced headwinds from flooding, Covid outbreaks and power rationing in H2 2021. This resulted in a steeper-than-expected economic slowdown for the third quarter, says Wood Mackenzie
Comment
Wood Mackenzie weighs in on COP26 key takeaways
- 15 十一月 2021
Following the conclusion of the COP26 on November 13, Wood Mackenzie experts weigh in on the key developments of the conference.
News Release
Major energy exporters race to lead in global hydrogen trade
- 28 十月 2021
The time is ripe for the world's major energy exporters to accelerate the energy transition, and mastering the hydrogen trade could make a difference, says Wood Mackenzie.
Comment
Low-carbon fuels could play a role in Asia Pacific’s decarbonisation efforts
- 25 十月 2021
Minister for Trade and Industry Gan Kim Yong said today that Singapore plans to import around 30 per cent of its electricity from low-carbon sources by 2035.
News Release
China could ease restrictions on Australian coal and increase supply to alleviate power crunch
- 08 十月 2021
Wood Mackenzie believes that Chinese authorities could allow customs clearance of stranded Australian thermal coal. In addition, the local governments in Yulin region of Shaanxi province and Inner Mongolia have announced yesterday that they will be increasing coal supply to meet demand.
News Release
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.
News Release
Can the US rise to meet the net-zero emissions challenge?
- 16 九月 2021
US President Joe Biden has a transformational goal: he wants the country to achieve net-zero emissions by 2050, building on the net-zero power sector he wants in place by 2035. Can the US meet this challenge? According to new research released today by global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), the US is likely to struggle to achieve Biden’s ambitions. Technological limitations, policy design, market structures and even the United States’ political and constitutional foundations may hamper progress.
News Release
US storage market continues to grow in Q2 2021
- 09 九月 2021
According to Wood Mackenzie, a Verisk business (Nasdaq: VSK), and the U.S. Energy Storage Association’s (ESA) latest U.S. Energy Storage Monitor report, 345 megawatts (MW) of new energy storage systems were brought online in the second quarter of 2021.
News Release
Drought puts pressure on Brazil’s power sector
- 08 九月 2021
The severe drought in Brazil will contribute to an extremely tight power balance in the country, new research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows.
Comment
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.
News Release
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.
News Release
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.
News Release
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.
News Release
Firth of Forth net-zero hub key to achieving climate goals
- 17 八月 2021
The development of net zero hubs around the UK has proved a key plank of the country’s strategy towards achieving net zero by 2050. Scotland, which has a 2045 net-zero target, could advance its ambitions by establishing a net zero hub on the Firth of Forth, research from global natural resources consultancy Wood Mackenzie, a Verisk company (Nasdaq: VRSK) has found.
News Release
Wind turbine prices to rise by up to 10%
- 16 八月 2021
Wind turbine prices are expected to increase by up to 10% over the next 12 to 18 months due to increases in commodity prices, logistics costs, and coronavirus-related challenges, according to new analysis from Wood Mackenzie, a Verisk business (Nasdaq:VRSK).
Comment
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.
News Release
Solar energy to boost demand for base metals
- 09 八月 2021
According to a new report from Wood Mackenzie, a Verisk business (Nasdaq:VRSK), solar power will have a significant impact on demand for aluminium, copper, and zinc, with the usage of all three metals in the sector set to double by 2040.
Comment
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.
Comment
Slower H2 demand across most commodities in China
- 28 七月 2021
Demand across most commodities in China is expected to slow down in the second half of 2021, according to Wood Mackenzie’s new monthly China Economic Focus report.
Comment
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.
News Release
Next commodities supercycle will be driven by global energy transition
- 15 七月 2021
Another commodities supercycle is on the horizon, but it will be different from any that have come before. Fossil fuels won’t be in the vanguard and the winners will be the industrial metals needed to electrify society - cobalt, lithium, copper, nickel, and aluminium.
News Release
EU’s ‘Fit for 55’ lays out bloc’s green blueprint
- 14 七月 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.
Comment
What would an EU carbon border adjustment mechanism mean?
- 14 七月 2021
The EU Commission proposed a carbon border adjustment mechanism (CBAM) as part of today’s “Fit for 55” package. James Whiteside, global head of multi-commodity research at Wood Mackenzie, said: “As the first mechanism of its kind, the CBAM is being designed in consultation with industry to avoid unintended consequences. “A CBAM that does not cover a substantial portion of the production chain will encourage carbon leakage - pushing emissions beyond the borders of the EU or shifting competition between EU and non-EU producers to the next stage of the value chain.”
News Release
Asia Pacific solar PV capacity to triple to 1,500 GW by 2030
- 13 七月 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
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.
News Release
Battery electric vehicles to dominate vehicle sales by 2050
- 28 六月 2021
Battery electric vehicles (BEVs) will be the dominant form of road transport by 2050, accounting for 56% of all vehicle sales that year, according to new research from Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

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