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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.

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).

News Release

Carbon removal key to meeting Paris Agreement target

24 六月 2021

Achieving the 2°C goal of the Paris Agreement will require more than simply avoiding carbon. To cap global warming at 1.5°C or even 2°C, carbon removal will be essential. Research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq:VRSK), shows the key to effective large-scale carbon removal is unlocking potential economies of scale through basin-wide carbon capture and storage (CCS), effectively providing a community answer to a global problem.

News Release

Asia Pacific renewables generation investments could hit US$1.3 trillion by 2030

22 六月 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).

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Search results: 294

Renewable power in Asia Pacific gains competitiveness amidst cost inflation

Sweden could become a pioneer in green steel production

China’s GDP to further decelerate in Q4 2021

Wood Mackenzie weighs in on COP26 key takeaways

Major energy exporters race to lead in global hydrogen trade

Low-carbon fuels could play a role in Asia Pacific’s decarbonisation efforts

China could ease restrictions on Australian coal and increase supply to alleviate power crunch

Global energy storage set to triple in 2021

Can the US rise to meet the net-zero emissions challenge?

US storage market continues to grow in Q2 2021

Drought puts pressure on Brazil’s power sector

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

Firth of Forth net-zero hub key to achieving climate goals

Wind turbine prices to rise by up to 10%

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

Solar energy to boost demand for base metals

China’s CATL launches sodium-ion battery

Slower H2 demand across most commodities in China

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

Next commodities supercycle will be driven by global energy transition

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

What would an EU carbon border adjustment mechanism mean?

Asia Pacific solar PV capacity to triple to 1,500 GW by 2030

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

Battery electric vehicles to dominate vehicle sales by 2050

Carbon removal key to meeting Paris Agreement target

Asia Pacific renewables generation investments could hit US$1.3 trillion by 2030