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News Release
Renewables and nascent low-carbon technologies most exposed to high interest rates
- 18 四月 2024
If high interest rates persist, transitioning to a net zero global economy will be even harder and more costly. The higher cost of borrowing negatively affects renewables and nascent technologies, compared to more established oil and gas, and metals and mining sectors, which remain somewhat insulated.
News Release
Asia Pacific could become a global leader in the energy transition
- 21 二月 2024
Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.
News Release
APAC to invest US$3.3 trillion in power generation over next decade
- 04 十月 2023
The Asia Pacific region is forecast to invest US$3.3 trillion in power generation over the next 10 years, with 49% earmarked for wind and solar, and 12% for energy storage, according to latest Wood Mackenzie analysis.
News Release
India needs radical transformation to reach net zero emissions by 2070
- 27 七月 2023
How can India attain its net zero emissions goal by 2070, in line with global pledges to reach net zero emissions by mid-century? Wood Mackenzie analyses the scenario in its latest report ‘India energy transition pathways 2070’, concluding that the country must radically transform its energy landscape and prioritise renewable energy, electrification, hydrogen adoption, and carbon removal strategies.
News Release
Should gas resource holders target LNG exports or blue ammonia?
- 15 六月 2023
The acceleration of the energy transition means gas resource holders increasingly face a choice: follow the established pathway and develop new LNG export facilities or pivot into developing blue ammonia.
News Release
A supercharged China could turn up the heat on global commodities
- 23 三月 2023
The Chinese economy is expected to grow by 5.5% but could grow by as much as 7% in 2023 as the country bounces back from three years of lock-down caused by the Covid pandemic according to a new report by Wood Mackenzie.
News Release
CCUS planned capacity nearing 1 billion tonnes per annum
- 26 八月 2022
US Inflation Reduction Act bill set to boost CCUS uptake but more is needed to meet net zero goals by 2050
News Release
Global top 10 solar PV inverter vendors account for 82% of market share
- 08 七月 2022
Global top 10 solar photovoltaic (PV) inverter vendors shored up 82% of market share in 2021, increasing by 2 percentage points compared to 2020, says Wood Mackenzie.
News Release
Wood Mackenzie Power & Renewables APAC Conference 2022 open for registration
- 29 六月 2022
Wood Mackenzie announces the launch of the second edition of its Power & Renewables Asia Pacific (APAC) Virtual Conference on July 26 – 28.
Comment
Major energy players raise the game in green investments in Asia
- 15 六月 2022
BP confirmed today that it picked up over 40% stake in the Asian Renewable Energy Hub project to produce and export green hydrogen in Australia.
News Release
Ammonia co-firing in thermal power plants could be worth US$100 billion in 2050
- 18 五月 2022
While hydrogen can be used in many sectors, its derivative, ammonia, has emerged as a key tool to provide flexible power generation and integrate variable renewables. Analysis by Wood Mackenzie shows that a 10% ammonia co-firing in global coal plants would translate to 200 million tonnes (Mt) of ammonia demand, a potential market of US$100 billion by 2050.
News Release
About 650,000 barrels per day of Russian crude oil to be ‘swapped’
- 05 四月 2022
About 650,000 barrels per day (b/d) of Russian crude oil are to be relocated from advanced economies, and the solution could be ‘crude swapping’, says Wood Mackenzie.
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
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
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
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.
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.
Comment
Woodside confirms potential merger with BHP's petroleum business
- 16 八月 2021
Woodside has confirmed it is in discussions with BHP over a potential merger involving BHP’s entire petroleum business.
Comment
Bumpy road ahead as SEA navigates energy transition but opportunities aplenty
- 04 八月 2021
Wood Mackenzie is organising the 2021 Southeast Asia Energy Forum today. Experts will be discussing key issues and opportunities facing the region’s energy industry over the coming decades.
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
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
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.
Comment
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.
Comment
Biden administration and what it means for China and rest of Asia Pacific
- 20 一月 2021
As Biden’s inauguration approaches, Wood Mackenzie experts share how his administration could impact trade, climate change goals, and changes to the energy sector in Asia Pacific.
News Release
Future of gas in energy transition to be defined in 2021
- 14 一月 2021
2021 will be a defining year for the gas and LNG industry, says Wood Mackenzie in its latest outlook report.
News Release
Asia Pacific upstream transactions plunge to lowest this century
- 19 十一月 2020
Wood Mackenzie’s latest analysis shows 2020 is on track to be the quietest year for upstream transactions in the Asia Pacific region since the beginning of the 21st century.
News Release
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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