• News Release

  Global onshore wind industry to reach maturity in 2020s

  • 05 2月 2020

  Solar power has emerged as the biggest threat to onshore wind's dominance in the decarbonisation battle. However, the tools available to the wind sector to combat this challenge are diminishing, according to Wood Mackenzie.

• News Release

  Can offshore wind sustain double-digit growth?

  • 06 2月 2020

  According to Wood Mackenzie figures, offshore wind will constitute 25% of total wind demand in 2028 - up from 10% in 2019 - and will narrow the gap with offshore upstream oil and gas in terms of capital expenditure deployment.

• News Release

  Global battery electric vehicle sales to surge in 2020s

  • 10 2月 2020

  The second half of the 2010s saw the rebirth of the battery electric vehicle (BEV).

• News Release

  Brazil’s consumers ‘pay price’ for power costs problems

  • 12 2月 2020

  New research from global natural resources consultancy Wood Mackenzie indicates the fuel pricing mechanism used by Brazil’s Energy Planning Agency (EPE) in the country’s power auctions does not align with the New Gas Market programme – and Brazilian electricity consumers may pay the price for this.

• News Release

  US storage market sets power capacity record with Q4 2019 deployments

  • 10 3月 2020

  The United States energy storage sector set a power capacity record in Q4 2019, deploying 186.4 megawatts (MW) and 364.2 megawatt-hours (MWh) of storage.

• News Release

  Coronavirus restrictions set to hit US utility-scale solar projects

  • 01 4月 2020

  The coronavirus pandemic is likely to have a material impact on utility-scale solar installations in the US this year, and perhaps even into 2021. In its Coronavirus: US Solar PV Supply Chain and Utility-Scale Market Risk report, Wood Mackenzie says that, in a best-case scenario, the market could see up to four weeks of supply delays affecting a few hundred MWs of modules and inverters. This, combined with construction disruptions, could translate into as much as 2 GWdc of project development delays in 2020.

• News Release

  Global wind power capacity to grow by 112% over next 10 years

  • 26 3月 2020

  Global wind power capacity additions are expected to sit at an annual average of 77GW from 2020 to 2029, according to Wood Mackenzie.

• News Release

  150 GW of renewables projects in Asia Pacific at risk in a coronavirus-led recession

  • 22 4月 2020

  Wood Mackenzie’s latest research shows that up to 150 gigawatts (GW) of wind and solar projects across the Asia Pacific could be delayed or cancelled over the next five years (2020 – 2024), if the coronavirus-led recession extends beyond 2020.

• News Release

  Vestas breaks annual wind turbine installation record

  • 11 5月 2020

  Vestas became the first wind turbine manufacturer to install more than 10 GW of wind capacity in a single year (2019), according to new analysis from Wood Mackenzie.

• News Release

  US energy storage market sees strong first quarter despite coronavirus

  • 02 6月 2020

  The United States energy storage sector saw a strong first quarter, with residential storage setting another record while the non-residential market had its third-strongest quarter on record.

• News Release

  Power system flexibility key to Europe's net-zero targets

  • 03 6月 2020

  The success of Europe’s transition to net-zero emissions by 2050 will hinge on the flexibility of its power system.

• News Release

  Australia’s energy storage capacity more than doubles to 1.2 GWh in 2020

  • 17 6月 2020

  According to new research from Wood Mackenzie, Australia is set to add 1.2 gigawatt-hour (GWh) of energy storage capacity in 2020, more than double the 499 MWh installed in 2019. This takes the country’s cumulative storage capacity at 2.7 GWh this year.

• News Release

  Global energy storage set to triple in 2021

  • 07 10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

  World must double-down on plans to achieve net zero by 2050

  • 23 3月 2022

  Over the last year, strong demand recovery and a lack of investment in supply has caused prices to rise across sectors. Energy security and geopolitical tensions have added unprecedented uncertainty to markets across the globe. On top of that, countries and corporations still bear the massive challenge of limiting global warming to 1.5 ˚C.

• News Release

  Power demand growth remains strong in Asia Pacific

  • 31 1月 2024

  India, China and Southeast Asia will continue to be the three most important growth engines of power demand across the planet, says Alex Whitworth, Vice President, Head of Asia Pacific Power Research at Wood Mackenzie. With the Asia Pacific region seeing its share of global power demand surpass the 50% mark in 2023.

• News Release

  U.S. Solar Industry Sees Worst Quarter Since 2020

  • 07 6月 2022

  The U.S. solar industry had its lowest quarter of installations since the start of the coronavirus pandemic, according to the U.S. Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business. In Q1 2022, price increases and supply chain constraints continued to suppress the solar market as the industry installed 24% less solar capacity than Q1 2021.

• News Release

  US Distributed Energy Resource market to almost double by 2027

  • 20 6月 2023

  The US Distributed Energy Resource (DER) market is expected to nearly double in capacity from 2022 to 2027, with capital expenditure reaching US $68 billion per year, according to Wood Mackenzie’s ‘2023 US Distributed Energy Resource Outlook’ report released today.

• News Release

  CCUS planned capacity nearing 1 billion tonnes per annum

  • 26 8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

  COP28: Middle East could play a key role in decarbonising global economy

  • 23 11月 2023

  Large oil and gas reserves in the Middle East have resulted in especially low domestic energy prices and provide little incentive to transition to low carbon alternatives, according to Wood Mackenzie’s Middle East Energy Transition Outlook report.

• News Release

  Global top 10 solar PV inverter vendors account for 82% of market share

  • 08 7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

  US renewables annual capacity additions to nearly triple in 10 years

  • 15 9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

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

  • 16 10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

  Record highs for global wind turbine order intake in 2023

  • 18 3月 2024

  Global wind turbine order intake hit new highs in 2023 with 155 gigawatts (GW) procured for the year, an increase of 16 GW from 2022.

• News Release

  Wood Mackenzie expands energy transition expertise with acquisition of Roskill

  • 18 6月 2021

  Wood Mackenzie is pleased to announce its acquisition of Roskill, a privately-owned company and leader in metals and materials supply chain intelligence.

• News Release

  Li-ion battery recycling not expected to take off before 2030

  • 08 12月 2021

  Lithium-ion (Li-ion) battery recycling is not expected to take off before 2030, according to a new report by Wood Mackenzie.

• News Release

  Annual solar repairs and maintenance spend to grow to $9 billion by 2025

  • 22 6月 2020

  Solar power systems nearing inverter end of life currently account for 5% of the global PV market. This number will grow to 16% - or 227GWDC of solar systems - by 2025, according to new research by Wood Mackenzie.

• News Release

  Public EV charging market in North America on track for rapid growth

  • 22 3月 2023

  As electric vehicle (EV) adoption continues to rise, the market for public charging networks in North America is forecast to grow rapidly by 2050, according to Wood Mackenzie’s latest ‘Commercial landscape of EV charging networks in North America’ report.

• News Release

  Waste-based biofuels could be the key to unlocking the energy transition

  • 18 8月 2022

  Waste-based biofuels could be a key driver of the energy transition transforming today’s limited supply of low carbon transportation fuels and creating a local, circular economy, according to a new report by Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

• News Release

  Global energy storage capacity to grow at CAGR of 31% to 2030

  • 30 9月 2020

  Wood Mackenzie’s latest report shows global energy storage capacity could grow at a compound annual growth rate (CAGR) of 31%, recording 741 gigawatt-hours (GWh) of cumulative capacity by 2030.

• News Release

  Top ten wind turbine OEMs to spend €2.3bn on R&D by 2023

  • 23 7月 2019

  Research and development (R&D) expenses among the world's top ten wind turbine OEMs have more than doubled in the last four years, reaching €1.6bn in 2018. This figure is expected to increase to €2.3bn by 2023.