• News Release

  Solar market forges ahead in Q3 as residential installations recover and utility-scale pipeline grows

  • 15 12月 2020

  According to the U.S. Solar Market Insight Q4 2020 report, released today by Wood Mackenzie and the Solar Energy Industries Association (SEIA), solar accounts for 43% of all new electric generating capacity additions through Q3 2020, more than any other electricity source. The report projects a record 19 GW of new solar capacity installations in 2020, representing 43% year-over-year growth from 2019.

• News Release

  Driving toward a majority renewables America to catalyse nearly one million direct U.S. clean energy jobs

  • 16 12月 2020

  According to a new, first-of-its-kind study released today by Wood Mackenzie and the American Clean Power Association, reaching a majority renewables grid will deploy over $1 trillion in capital investment into the American economy over the next decade, while supporting 980,000 direct jobs, stabilising wholesale power prices, and reducing U.S. carbon emissions by over 60%.

• Webinar

  China, Japan, and South Korea – do carbon neutral goals mean the end of the world as we know it?

  • 30 11月 2020

  China, Japan, and South Korea – do carbon neutral goals mean the end of the world as we know it?

• News Release

  Europe losing global energy storage battle as US and China race ahead

  • 09 11月 2020

  Europe is set to lose the global energy storage race unless government auctions begin to incentivise flexible power, according to research from Wood Mackenzie.

• News Release

  Five consequences of a Biden administration for US energy

  • 07 11月 2020

  Joe Biden offered American voters a radically different vision of energy policy from President Donald Trump, focused on addressing the threat of climate change. He will enter the White House with a goal of setting the US on course for net zero greenhouse gas emissions by 2050 and will take the US back into the Paris climate agreement.

• News Release

  LME Week 2020: $1 trillion needed for key energy transition metals by 2035

  • 21 10月 2020

  More than $1 trillion of investment will be needed in key energy transition metals - aluminium, cobalt, copper, nickel and lithium - over the next 15 years just to meet the growing demands of decarbonisation, according to Wood Mackenzie. This is almost double the figure invested over the previous 15 years.

• 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

  Achieving 2-degree world remains Herculean task

  • 24 9月 2020

  Wood Mackenzie’s annual Energy Transition Outlook, released today, says the world must combine coronavirus recovery efforts with massive investments in renewable energy and clean infrastructure if it is to limit global warming to 2 degrees or lower.

• News Release

  UK can lead world in net zero energy technologies – but investment is critical

  • 16 9月 2020

  Wood Mackenzie today delivered a comprehensive roadmap for the North Sea’s future to the OGTC, setting out the critical technologies needed to deliver an integrated net zero energy system on the UK Continental Shelf (UKCS), positioning the UK as a world-leader in the move to a low carbon world.

• Comment

  China pledges to be carbon-neutral by 2060

  • 23 9月 2020

  On 22 September, China announced its ambition to be carbon-neutral by 2060. Wood Mackenzie experts weigh in on what this means.

• News Release

  Southeast Asia’s wind power needs US$14 billion new investments by 2030

  • 22 9月 2020

  Southeast Asia’s wind power sector requires at least US$14 billion of investments by 2030, says Wood Mackenzie. This is to support the 8.9 gigawatts (GW) of new wind power capacity that Wood Mackenzie expects to be added between 2020 and 2029.

• News Release

  Green hydrogen cost to halve by 2030 - a boost to South Korea’s hydrogen ambitions

  • 20 8月 2020

  Onsite green hydrogen production cost is expected to halve by 2030, signalling a boost to South Korea’s hydrogen ambitions, says Wood Mackenzie.

• News Release

  Japan to exceed 2030 renewables target supported by US$100 billion investments

  • 19 8月 2020

  Over US$100 billion of investment in wind and solar power plants are expected to push the renewables share to 27% of Japan’s generation mix by 2030, exceeding the country’s target, says Wood Mackenzie.

• News Release

  Biden loss would end hopes of US decarbonisation before 2050

  • 01 9月 2020

  The outcome of the 2020 US presidential election will dictate the pace of decarbonisation for decades, according to new research from Wood Mackenzie.

• News Release

  What could a Biden win mean for electric vehicle adoption in the US?

  • 08 9月 2020

  The Biden campaign has previously underlined the important role electric vehicles (EV) will play in reducing greenhouse gas emissions in the US. To encourage EV adoption, the campaign has three key targets: deploying 500,000 new public EV charging outlets, restoring the full EV tax credit, and developing a new fuel economy target.

• News Release

  Key battery metals need more investment to meet climate targets

  • 10 9月 2020

  According to Wood Mackenzie's Accelerated Energy Transition (AET) scenario, which sees global warming limited to 2.5 degrees (Celsius), the battery raw materials supply chain requires much more investment by 2030.

• Webinar

  Webinar | Unpacking PJM’s extended Minimum Offer Price Rule

  • 24 9月 2020

  In this webinar, Wood Mackenzie research analysts will present key findings from their analysis of PJM’s extended Minimum Offer Price Rule (MOPR), with a focus on its impact on capacity price forecasting and clearing technologies.

• News Release

  Utilities drive Q2 growth in US as pandemic causes drop in rooftop solar installations

  • 10 9月 2020

  The US solar market installed 3.5 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q2 2020, a drop of 6% from Q1 installations. At the same time, utility-scale solar remained resilient despite the Covid-19 pandemic, representing 71% of all new solar capacity brought online in Q2.

• News Release

  China to add 251GW of new wind capacity by 2029

  • 03 8月 2020

  China is expected to add 251 gigawatts (GW) of new wind capacity between 2020 and 2029, says Wood Mackenzie. The country’s wind power market could reach a cumulative grid connected capacity of 461GW by the end of the decade.

• Comment

  BP underscores commitment to energy transition

  • 04 8月 2020

  Today’s BP strategy update marked a big step forward, filling in many of the blanks, including detailed guidance to 2030. It leaves stakeholders with a much clearer idea of where BP is headed over the next decade, how it will to get there and what that means for the value proposition.

• News Release

  US electric truck sales set to increase exponentially by 2025

  • 10 8月 2020

  There were just over 2,000 electric trucks on US roads at the end of 2019. This stock is expected to grow to over 54,000 by 2025, according to new analysis from Wood Mackenzie.

• Content

  European Green Deal Guide

  • 12 8月 2020

  What is the European Green Deal and how should you prepare to benefit from the energy transition?

• News Release

  Global lithium-ion cell manufacturing capacity to quadruple to 1.3 TWh by 2030

  • 11 8月 2020

  Wood Mackenzie’s latest report shows that global lithium-ion cell manufacturing capacity pipeline could rise fourfold to reach 1.3 terawatt-hour (TWh) in 2030 compared to 2019.

• News Release

  Over $13 billion of wind turbine capacity ordered in Q1 2020

  • 08 7月 2020

  The first quarter of 2020 saw nearly 14 GW of wind turbine capacity ordered globally. This is the second-highest first quarter on record and equates to an estimated $13.4 billion, according to new analysis from Wood Mackenzie.

• Comment

  Woodside takes impairment but is a US$80 carbon price the bigger news?

  • 15 7月 2020

  Wood Mackenzie analysts delved deeper into implications of Woodside's announced US$80 carbon price.

• News Release

  General Motors to hit 5 million electric vehicle sales by 2030

  • 14 7月 2020

  General Motors (GM) has set an annual target for 1 million electric vehicle (EV) sales globally by the mid-2020s. Although the company will only meet half of that target by 2026, it is expected to hit 5 million in cumulative EV sales by 2030 according to new research from Wood Mackenzie.

• News Release

  Sunrun-Vivint Solar deal represents largest consolidation in residential solar history

  • 07 7月 2020

  Sunrun has agreed to acquire Vivint Solar in an all-stock transaction. The deal is valued at $3.2 billion including debt.

• Webinar

  Webinar | Nigeria's Marginal Fields Round

  • 16 7月 2020

  On 1 June 2020, Nigeria's Department of Petroleum Resources (DPR) launched its first marginal fields round in nearly 20 years. Join Gail Anderson, Director of Wood Mackenzie's Sub-Saharan Africa Upstream Research, and Mansur Mohammed, Head of West Africa Content, who will provide insight on: • Available resources and fiscal terms • The infrastructure question: stand-alone developments or third party access? • What is the potential for gas monetisation? • Where are the best opportunities for investors? A 30-minute presentation will be followed by a Q&A session with our experts. To facilitate the discussion, please take two minutes to complete our short survey. Responses will be anonymous and will provide insights on the round from the perspective of industry stakeholders.

• News Release

  US offshore wind powers up

  • 23 6月 2020

  The US offshore wind industry is set to power up over the coming decade. New research from Wood Mackenzie shows that as the sector ramps up from near-zero today, it could deliver as much as 25 gigawatts (GW) in 2029, capturing almost half of the US market for new wind power installations.

• 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.