• News Release

  Key energy takeaways from Canada’s 2025 election

  • 01 5月 2025

  Newly elected Prime Minister of Canada, Mark Carney, has made energy a key initiative of the new government, with goals to expand both conventional and clean energy, but decoupling energy flows away from the US may prove to be a challenge, according to Wood Mackenzie.

• News Release

  Solar inflation reverses as renewable costs in Asia reach all-time low

  • 29 2月 2024

  Plummeting Utility PV solar costs beat coal power to emerge as the cheapest power source in the region

• News Release

  Batteries & renewables to start displacing gas

  • 26 7月 2017

  A joint research report conducted by Wood Mackenzie and GTM Research assessing generation economics concludes that declining renewables and energy storage costs will increasingly squeeze out gas-fired generation in South Australia as early as 2025.

• News Release

  UK car ban will have "massive impact on markets"

  • 26 7月 2017

  We took a closer look at the impact of the UK government’s proposal to ban the sale of new petrol and diesel cars by 2040.

• Comment

  Shenhua and Guodian merger will create world's largest power utility company

  • 06 9月 2017

  On Thursday 3 August China Shenhua and China Guodian Corporation submitted a merger proposal to the State Council. If approved the new company, National Energy Investment Corporation (NEIC), will become the world's largest power utility company (power capacity wise) ahead of EDF and Enel.

• News Release

  Majors start shaping strategies to capture a piece of the renewables action

  • 26 9月 2017

  Renewable energy sources are set to radically reshape global energy markets. For the Majors, this poses a threat to legacy oil and gas operations, but is also an opportunity to diversify and future-proof portfolios.

• Comment

  US$500 billion worth of investments needed to meet burgeoning power demand

  • 20 9月 2017

  In celebration of ASEAN's 50th anniversary, our APAC gas and power senior analyst, Edi Saputra, reflects on ASEAN's energy developments and what to look out for in the coming years

• News Release

  New dual-credit scheme can elevate Chinese electric vehicles industry

  • 19 1月 2018

  Under heavy subsidies from the government, China's electric vehicles (EV) market has grown exponentially to overtake the United States as the world's largest EV market. However with subsidies fading out in two years' time, the Chinese government and EV manufacturers are pressed for time to sustain the growth momentum in EVs. Wood Mackenzie's latest research reveals that China's proposed dual-credit scheme can reshape the EV market for a more sustainable development beyond the abolishment of subsidies in 2020. The EV penetration rate is projected to hit 17% in 2035 as a result.

• News Release

  East Coast gas prices could rise 30 percent in five years

  • 25 5月 2018

  In a recent study, Wood Mackenzie forecasts Australia's East Coast gas prices to rise up to 30 percent to between A$10 and A$13 /per gigajoule by the mid 2020s.

• Comment

  Potential gas shortfall in Australia's East Coast starting between 2023 and 2025

  • 22 6月 2018

  In contrast to the 2018 GSOO released today by the AEMO, Wood Mackenzie’s East Coast Gas report identifies a potential gas shortfall between 2023 and 2025, significantly earlier to the GSOO’s estimate of 2030.

• News Release

  Alternate battery technology vendor ecosystem growing rapidly

  • 16 8月 2018

  Wood Mackenzie Power & Renewables expects new flavours of NMC chemistry, including 532 (5 parts nickel, 3 parts manganese, and 2 parts cobalt) and 622 (6 parts nickel, 2 parts manganese, and 2 parts cobalt) to start gaining market share by 2019.

• News Release

  EVs up to 67% less emissions intensive than ICE cars

  • 05 9月 2018

  A typical mid-size electric vehicle (EV) can generate up to 67% lower greenhouse gas (GHG) emissions than a gasoline internal combustion engine (ICE) car on a well-to-wheel basis.

• News Release

  What do the US mid-term election results mean for renewable energy?

  • 21 11月 2018

  The results of this year's U.S. mid-term elections may open a path for higher renewable portfolio standards and gigawatts of solar and wind deployments, according to a new analysis from Wood Mackenzie Power & Renewables.

• News Release

  US energy storage project pipeline doubles in 2018, nears 33 GW

  • 06 12月 2018

  The pipeline for energy storage projects in the U.S. has doubled this year, ballooning to 32.9 gigawatts, according to the latest U.S. Energy Storage Monitor from Wood Mackenzie Power & Renewables and the Energy Storage Association (ESA). While not all of the projects will come to fruition, this ...

• Comment

  Spanish renewables targets undermined by political uncertainty

  • 20 2月 2019

  Today, Wednesday 20th February 2019, Spanish Prime Minister Pedro Sanchez presented the country’s climate action plan for 2030 to 2050. Commenting on the announcement, Wood Mackenzie Power & Renewables Senior Research Analyst, Brian Gaylord, said:

• News Release

  Universal electricity access investment surpassed $500 million in 2018

  • 04 3月 2019

  Total annual investment in the off-grid energy access sector surpassed $500 million in 2018, according to a new report from Wood Mackenzie Power & Renewables and Energy 4 Impact

• News Release

  U.S. energy storage market to double two years running

  • 06 3月 2019

  The U.S. energy storage market nearly doubled in 2018 and is expected to double again in 2019. According to Wood Mackenzie Power & Renewables and the Energy Storage Association’s (ESA) freshly released U.S. Energy Storage Monitor 2018 Year-in-Review, 777 megawatt-hours of grid-connected energy st...

• Comment

  India commissions first east coast LNG terminal

  • 07 3月 2019

  India's first east coast regas project, Ennore LNG terminal, was commissioned yesterday by Indian Oil Corporation (IOCL). Wood Mackenzie's senior analyst Kaushik Chatterjee shares the significance of this project and how this marks the beginning of India doubling its regas capacity to 56.5 million metric tonnes per annum (mmtpa) by 2025.

• News Release

  U.S. solar market adds 10.6 gigawatts of PV in 2018

  • 13 3月 2019

  For the third year in a row, the U.S. solar industry installed double-digit gigawatts (GW) of solar photovoltaic (PV) capacity, with 10.6 GW coming online in 2018. The amount was a 2 percent decrease from 2017. However, the forecast shows the market rebounding in the years ahead, according to the...

• News Release

  723GW of new global wind power capacity expected from 2019 to 2028

  • 19 3月 2019

  50.2GW of new wind power was added globally in 2018, a 4% increase YoY and the third highest annual total on record, according to the Wood Mackenzie Power & Renewables 'Global Wind Power Market Outlook Update: Q1 2019' report.

• News Release

  South Korea could miss 2030 renewables target

  • 27 3月 2019

  South Korea is unlikely to meet its 2030 renewables target, says Wood Mackenzie at a media briefing in Seoul today. According to the consultancy's analysis, renewables will account for about 17% of the country's power mix, a little shy of its original target.

• News Release

  Global wind turbine order capacity increased 31% in 2018

  • 27 3月 2019

  Global wind turbine order intake was up 20% in Q4 2018 YoY to nearly 18GW, surpassing 2016's record by 5.4GW, according to new research from Wood Mackenzie Power & Renewables.

• News Release

  Saudi Arabia to become largest Middle East wind power market by early 2020s

  • 08 4月 2019

  Saudi Arabia will become a regional heavyweight in wind power by the early 2020s, according to new research by Wood Mackenzie Power & Renewables.

• News Release

  What would Australia's Labor win mean for the resources, energy and power sectors?

  • 06 5月 2019

  Australia's general election is around the corner and Labor looks set for victory. Labor has announced its commitment to reduce Australia’s carbon emissions by 45% between 2005 and 2030, and to reach net-zero pollution by 2050. It has also proposed changes to existing mechanisms to lower energy and gas prices.

• Comment

  Scott Morrison wins 2019 Australia election

  • 20 5月 2019

  Following PM Scott Morrison's win in the recent 2019 Australia election, Wood Mackenzie and Verisk Maplecroft analysts share their thoughts.

• News Release

  2019 global wind turbine order intake off to record-breaking start

  • 28 5月 2019

  Global wind turbine order intake increased 7% YoY in Q1 2019, eclipsing the previous record seen in Q1 2018 for capacity in the quarter by 875MW, according to new research from Wood Mackenzie Power & Renewables.

• News Release

  Puerto Rico microgrid market to more than double by end of 2024

  • 03 6月 2019

  New research from Wood Mackenzie forecasts the microgrid market in Puerto Rico will reach 228 megawatts (MW) by the end of 2024, more than double the microgrid generation capacity currently available on the island.

• News Release

  US energy storage market grows 232% year-over-year in Q1 2019

  • 04 6月 2019

  New research from Wood Mackenzie finds that the U.S. energy storage market broke its previous record for megawatts deployed in a single quarter in Q1 2019.

• News Release

  Top 5 turbine OEMs to rule two thirds of global market by 2020

  • 19 6月 2019

  After a decade of fragmentation, the top 5 turbine OEMs have reached industry consolidation. Key global players are expected to surpass a combined market share of 68% by 2020, up from 47% 5 years ago, according to recent research from Wood Mackenzie Power & Renewables.

• News Release

  New European solar installations to double over next 3 years

  • 26 6月 2019

  New solar installations within the European market will double in the next 3 years to reach a level of approximately 20GW/year. Total installed capacity in the region will surpass 250GW by 2024, according to new research from Wood Mackenzie Power & Renewables.