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News Release
China's renewables boom year poses major challenges to western markets
- 17 二月 2022
China’s renewables manufacturing has emerged from 2021 bigger and more competitive than ever before. Western markets are benefitting from trading with the IKEA of the energy transition, but balancing reliance on China’s technology providers with local interests is now a key political as well as environmental challenge, says Wood Mackenzie.
News Release
Community solar sector to beat earlier 5-year forecast by 9%
- 08 二月 2022
The U.S. community solar market is poised to continue growing over the next five years, adding 4.5 gigawatts (GW) of capacity, a 9% increase on previous projections. Expanded programs and new initiatives will boost development, but interconnection challenges may hamper the sector, according to new research released today by Wood Mackenzie, a Verisk business (Nasdaq: VRSK), carried out in collaboration with the Coalition for Community Solar Access (CCSA).
News Release
Time to act as momentum builds for CCUS and hydrogen
- 31 一月 2022
This year companies and governments will need to make good on the pledges they made on energy transition technologies, including carbon capture, utilisation and storage (CCUS) and low-carbon hydrogen, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK). In a new report, CCUS and hydrogen: 5 things to look for in 2022, the global energy consultancy points out the huge momentum behind both CCUS and low-carbon hydrogen in 2021, with announcements of new projects, policies and investment as COP26 spurred companies’ net zero targets.
News Release
Five themes dominating China’s energy scene in 2022
- 27 一月 2022
Economic growth, stability in energy prices, energy transition, dual-control targets and relations with the US, are the top five themes to watch out for in China’s energy outlook this year, says Wood Mackenzie.
Comment
New NEM 3.0 provisions ‘will cut California solar market in half by 2024’
- 25 一月 2022
New analysis from Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows that California’s newly proposed net energy metering tariffs (NEM 3.0) would severely reduce residential solar’s value proposition. According to Wood Mackenzie’s new forecast scenario, the California residential market would be cut in half by 2024.
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.
News Release
Solar prices continue to rise but Build Back Better Act will boost installs 31% through 2026
- 14 十二月 2021
For the second quarter in a row, trade policy uncertainty and supply chain constraints are driving solar price increases across all market segments, according to the US Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business (Nasdaq: VRSK).
News Release
U.S. storage market sets new installation record in Q3 2021
- 09 十二月 2021
The U.S. energy storage market set a new record in the third quarter of 2021, with new system installations totalling 3,515 megawatt hours (MWh). Wood Mackenzie, a Verisk business (Nasdaq: VSK), and the U.S. Energy Storage Association’s (ESA) latest U.S. Energy Storage Monitor report, released today, said with market momentum building, it is likely this storage market record will be broken in the fourth quarter.
News Release
Li-ion battery recycling not expected to take off before 2030
- 08 十二月 2021
Lithium-ion (Li-ion) battery recycling is not expected to take off before 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.
Comment
ITC extension could power 44% boost in solar deployment
- 01 十一月 2021
Proposed legislation to extend the investment credit tax (ITC) would have a profound impact on the US solar industry, Wood Mackenzie analysis shows, potentially increasing deployments by 44% over the next decade. But the extension, currently before Congress as part of a budget reconciliation package, will not be enough to achieve 80% carbon-free electricity generation by 2030.
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 solar prices on the rise
- 14 九月 2021
Despite the addition of 5.7 gigawatts (GWdc) of solar capacity in Q2 2021, supply chain constraints are leading to price increases across every solar market segment, according to the U.S. Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business (Nasdaq: VRSK).
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.

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