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Africa’s $800bn upstream investment cycle underlines the central role of oil and gas in the continent’s energy future

18 十月 2023

The African upstream oil and gas sector is in the middle of an US$800 billion capital expenditure (capex) programme that will see liquified natural gas (LNG) emerge as a major investment theme alongside traditional deepwater oil according to Ian Thom, Upstream Research Director at Wood Mackenzie.

News Release

US Department of Energy to invest US$7 billion into seven regional hydrogen hubs

17 十月 2023

The announcement by the U.S. Department of Energy (DOE) to invest US$7 billion across seven Regional Clean Hydrogen Hubs (H2Hubs) signifies a significant step towards creating a low-carbon hydrogen economy, according to Wood Mackenzie.

News Release

Volatility expected in metals markets as they adapt to accelerated energy transition pressures

17 十月 2023

The current metals super-cycle that is a major component of the global energy transition could stall due to a gloomy global macroeconomic environment, geopolitics and a lack of investment in new production facilities according to analysts from Wood Mackenzie.

News Release

7 Btpa of carbon capture needed to meet net zero by 2050

16 十月 2023

Speaking at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference in Houston, Mhairidh Evans, head of CCUS research for Wood Mackenzie, said that urgency is needed to meet the seven billion tonnes carbon capture (Btpa) required to meet net zero goals in 2050.

News Release

Wood Mackenzie launches Lens Carbon

13 十月 2023

Wood Mackenzie, the global insight business for renewables, energy and natural resources, has launched Lens Carbon, a unique end-to-end solution that enables users to screen, analyse and value carbon management projects on a global scale.

News Release

ADNOC’s gas self-sufficiency could cost over $40 billion

10 十月 2023

The Abu Dhabi National Oil Company (ADNOC) will need to invest more than $40 billion in order for the United Arab Emirates (UAE) to attain gas self-sufficiency due to the complex nature of the country’s gas resources according to a Wood Mackenzie report.

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

Top 15 Global PV O&M firms commanded 115GWdc of monitored solar capacity in 2022

02 十月 2023

The top 15 global PV O&M providers expanded their overall portfolio for a total volume of 115 gigawatts direct current (GWdc) in 2022, an annualized growth of 13%, according to Wood Mackenzie.

News Release

New offshore oil and gas developments in Colombia face challenges to deliver on nation’s long-term energy security

28 九月 2023

Offshore development of new gas assets has been identified as a key piece to Colombia’s long-term energy security, but significant challenges remain. The size, production capability and required infrastructure investments all make the situation uncertain, according to a recent report from Wood Mackenzie.

News Release

Rosebank oil field reaches FID

27 九月 2023

The announcement by Norway’s Equinor and the UK’s Ithaca Energy to go ahead with the Rosebank deepwater oilfield project in the West of Shetland basin could lead to more fields being approved according to a report by Wood Mackenzie.

News Release

U.S. grid-scale energy storage installations set new record in Q2 2023

25 九月 2023

Across all segments of the industry, the U.S. energy storage market added 5,597 megawatt hours (MWh) in the second quarter of 2023, a new quarterly record. The grid-scale segment led the way with a record-breaking 5,109 MWh in Q2, beating the previous record in Q4 2021 by 5%, according to a new report released today.

News Release

Europe’s Carbon Border Adjustment Mechanism to establish new rules of global trade

21 九月 2023

The Carbon Border Adjustment Mechanism (CBAM), a policy that will require producers of goods imported into the European Union (EU) to pay an emissions levy, should fast-track decarbonisation efforts, but also result in prices rising across several sectors sharply - according to the latest Wood Mackenzie Horizons report.

News Release

Global wind power cumulative installed capacity to hit 2.38TW in 2032

20 九月 2023

Increased activity in Western markets and Africa will drive a ten-year compound annual growth rate of 10.1% for grid-connected wind power, leading to 2.38 terawatts (TW) of cumulative installed capacity at the end of 2032, according to Wood Mackenzie.

News Release

Low demand could see 20% European gas price fall in summer 2024 compared to current projections

20 九月 2023

European gas prices are set to fall 20% by mid-2024, compared to the current forward price curve, despite the market recent tightening due to the extensions of gas field maintenance schedules in Norway and strikes at key Australian liquefied natural gas (LNG) fields according to a new report by Wood Mackenzie.

News Release

US renewables annual capacity additions to nearly triple in 10 years

15 九月 2023

Speaking at the RE+ conference in Las Vegas, Chris Seiple, vice chairman, power and renewables for Wood Mackenzie said that with the Inflation Reduction Act (IRA) driving the economic competitiveness of renewables, annual capacity additions will nearly triple in 10 years to 110 gigawatts (GW).

News Release

New Wood Mackenzie analysis warns world heading for 2.5C global warming without immediate action

14 九月 2023

The world is currently on a 2.5-degree Celsius warming trajectory according to Wood Mackenzie’s ‘Energy Transition Outlook’ report, a milestone assessment of the global journey towards a lower carbon future. If transformative action is not taken now, the Paris Agreement goal to limit the average temperature increase to below 1.5-degrees Celsius will likely be missed.

News Release

Solar installations in 2023 expected to exceed 30 GW for the first time in history

07 九月 2023

The U.S. solar industry expects to add a record 32 gigawatts (GW) of new capacity in 2023, a 52% increase from 2022, according to the US Solar Market Insight Q3 2023 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

News Release

The UK will struggle to meet ambitious 2030 CCUS targets

05 九月 2023

– The global CCUS project pipeline is buoyant but scaling up needs concerted and consistent effort from governments. Only a handful of countries have policy and regulation ready to adopt CCUS today and the United Kingdom (UK) is one of them, says Mhairidh Evans, Head of CCUS Research speaking at Offshore Europe taking place in Aberdeen.

News Release

Asian LNG buyers face volatile market until 2026

05 九月 2023

Asian liquefied natural gas (LNG) buyers are navigating a near-term market that is so finely balanced that any supply disruptions or demand upsides could cause significant price volatility according to Mangesh Dilip Patankar, Vice President, APAC Gas and LNG Consulting at Wood Mackenzie.

News Release

H1 global wind turbine orders hit new high at 69.5 GW

31 八月 2023

Global wind turbine order intake reached new highs in H1, with 69.5 gigawatts (GW) of activity, a 12 percent increase year-over-year, according to a new analysis from Wood Mackenzie.

News Release

FLNG sector thriving amid projects boom

31 八月 2023

The right economic and geo-political conditions mean that the outlook for the global floating liquified natural gas (FLNG) project sector is bullish according to a new report by Wood Mackenzie, a global insight business for renewables, energy and natural resources.

News Release

Industry leaders to speak at Wood Mackenzie’s Hydrogen Conference

31 八月 2023

Join Wood Mackenzie’s expert analysts and industry leaders to understand the key drivers and challenges of deploying low-carbon hydrogen at the Hydrogen Conference at the Hilton London Tower Bridge on 20 September 2023.

News Release

US$ 27 billion investment required to mobilise global offshore wind supply chain

17 八月 2023

The global offshore wind supply chain will require US$ 27 billion of secured investment by 2026 if it is to meet a fivefold growth in annual installations (excluding China) by 2030, according to latest Horizons report by Wood Mackenzie, a global insight business for renewables, energy and natural resources.

News Release

Oil and gas exploration spending to recover from historic lows, average $22B per annum through 2027

16 八月 2023

Exploration spend (excluding appraisal) will recover from historic lows to average US$22 billion per annum in real terms over the next five years, according to a new report from Wood Mackenzie.

News Release

Top 10 solar PV inverter vendors account for 86% of global market share

14 八月 2023

The top 10 global solar photovoltaic (PV) inverter vendors accounted for 86% of market share in 2022, increasing by 4% year-over-year since 2021, according to latest analysis by Wood Mackenzie, a global insight business for renewables, energy and natural resources.

News Release

Cumulative US community solar capacity expected to break 6 GW in 2023, despite interconnection and siting headwinds

08 八月 2023

US community solar installations declined by 6% year-over-year in 2022 and 13% in Q1 of 2023. This was primarily driven by the supply chain uncertainty of the past year as well as interconnection and siting issues hindering growth in key state markets such as Massachusetts and Maine, according to the latest report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA).

News Release

High European gas storage levels quell price spike fears during Norway’s field maintenance season

27 七月 2023

Unseasonably high gas storage levels in Europe should mean any delays to major maintenance projects planned for Norwegian gas assets in August and September will have less impact on prices than earlier in the summer according to Wood Mackenzie, a global insight business for renewables, energy and natural resources.

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

A revitalised oil and gas sector can play a key role in Indonesia’s energy transition

27 七月 2023

Indonesia’s oil and gas sector must undergo a major overhaul in the way it operates if it is to realise the full potential of the country’s natural resources and support a successful energy transition, according to a new white paper by Wood Mackenzie, a global insight business for renewables, energy and natural resources.

News Release

Neptun Deep FID signals Romania’s arrival as major EU gas player

20 七月 2023

The final investment decision to approve the US$4.4 billion (EUR4 billion) Neptun Deep gas development in the Black Sea is a defining moment for Romania’s energy sector and will make it the EU’s largest gas producer according to a report by Wood Mackenzie, a global insight business for renewables, energy and natural resources.

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Search results: 913

Africa’s $800bn upstream investment cycle underlines the central role of oil and gas in the continent’s energy future

US Department of Energy to invest US$7 billion into seven regional hydrogen hubs

Volatility expected in metals markets as they adapt to accelerated energy transition pressures

7 Btpa of carbon capture needed to meet net zero by 2050

Wood Mackenzie launches Lens Carbon

ADNOC’s gas self-sufficiency could cost over $40 billion

APAC to invest US$3.3 trillion in power generation over next decade

Top 15 Global PV O&M firms commanded 115GWdc of monitored solar capacity in 2022

New offshore oil and gas developments in Colombia face challenges to deliver on nation’s long-term energy security

Rosebank oil field reaches FID

U.S. grid-scale energy storage installations set new record in Q2 2023

Europe’s Carbon Border Adjustment Mechanism to establish new rules of global trade

Global wind power cumulative installed capacity to hit 2.38TW in 2032

Low demand could see 20% European gas price fall in summer 2024 compared to current projections

US renewables annual capacity additions to nearly triple in 10 years

New Wood Mackenzie analysis warns world heading for 2.5C global warming without immediate action

Solar installations in 2023 expected to exceed 30 GW for the first time in history

The UK will struggle to meet ambitious 2030 CCUS targets

Asian LNG buyers face volatile market until 2026

H1 global wind turbine orders hit new high at 69.5 GW

FLNG sector thriving amid projects boom

Industry leaders to speak at Wood Mackenzie’s Hydrogen Conference

US$ 27 billion investment required to mobilise global offshore wind supply chain

Oil and gas exploration spending to recover from historic lows, average $22B per annum through 2027

Top 10 solar PV inverter vendors account for 86% of global market share

Cumulative US community solar capacity expected to break 6 GW in 2023, despite interconnection and siting headwinds

High European gas storage levels quell price spike fears during Norway’s field maintenance season

India needs radical transformation to reach net zero emissions by 2070

A revitalised oil and gas sector can play a key role in Indonesia’s energy transition

Neptun Deep FID signals Romania’s arrival as major EU gas player