• Opinion

  How banks and government are working together to achieve net zero in the UK

  • 07 5月 2024

  Heather Buchanan joins us to discuss the collaboration needed between banks and policymakers to drive forward the energy transition. Listen now for insights into the Bankers For Net Zero initiatives and milestones, exploring the financial implications of decarbonising banking products by 2050.

• News Release

  World heading for a 3°C warming trajectory, as political headwinds slow the energy transition

  • 02 5月 2024

  A five-year delay to the energy transition could see the global average temperature rise to 3°C above pre-industrial levels.

• News Release

  Offshore wind sector doubled down on tangible opportunities in 2023

  • 31 1月 2024

  Despite supply chain headwinds and price pressures, the global offshore wind sector saw significant growth in its mature pipeline, as late-stage pipeline mergers & acquisitions, turbine orders, and project financial investment decisions (FIDs) saw record activity in 2023. This has boosted the sector’s momentum into 2024.

• Webinar

  North Sea Oil and Gas Outlook

  • 29 2月 2024

  Join our upcoming webinar on the 29th February, focusing on the 2024 outlook for North Sea oil and gas.

• Webinar

  Beyond ESG: Measuring Corporate sustainability in an uncertain world

  • 26 3月 2024

  Join our upcoming webinar on the 26th March.

• Webinar

  Europe and the North Sea: energy security, cost inflation and fiscal disruption

  • 06 9月 2022

  With energy security in the spotlight, upstream activity is increasing. But there are headwinds from corporate discipline, inflation and development uncertainties, which include supply chain bottlenecks. Join our webinar as our experts discuss Upstream Europe and the North Sea.

• News Release

  Wood Mackenzie predicts European gas demand will continue to fall, helping gas storage outlook for this winter and the following

  • 01 9月 2022

  High natural gas prices will continue to drive down European demand to seven percent below the five-year average through March, leaving a best-case scenario of storage levels at 31% at winter’s end, in line with the five-year average, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

• News Release

  Bulks most affected by Russia-Ukraine conflict; rising power prices a key concern

  • 15 2月 2022

  Trade dislocations due to sanctions, high power prices and disruption to production facilities in the conflict zone are three major threats to the metals and mining industry as result of escalating conflict between Russia and Ukraine, says Wood Mackenzie.

• News Release

  Europe can weather halt in Russian gas supplies

  • 18 3月 2022

  European gas prices remain volatile amid the risks of disruptions of Russian piped imports. As additional sanctions against Russia are under discussion, a complete halt of Russian piped imports into the EU remains a risk. But Europe is in a better position to cope without Russian piped gas now than it was a few months ago, analysts from Wood Mackenzie, a Verisk business (Nasdaq: VRSK) said.

• News Release

  Russia-Ukraine war could slow global economic growth to 2.5% this year

  • 12 4月 2022

  Global economic growth could slow to 2.5% year-on-year in 2022 and 0.7% in 2023 due to the Russia-Ukraine war, says Wood Mackenzie.

• News Release

  Domestic UK oil & gas can reduce reliance on energy imports

  • 07 4月 2022

  High commodity prices and Russia's invasion of Ukraine have called into question the UK’s reliance on energy imports. In response, the UK government is set to unveil a new ‘energy security strategy’.

• News Release

  UK government swoops on North Sea windfall profits

  • 27 5月 2022

  Wood Mackenzie’s research indicates that UK North Sea oil and gas producers are making more profits than ever before, in an era where the industry is in progressive decline.

• News Release

  Russia supply reduction via Nord Stream poses risks to gas storage refill in Europe

  • 17 6月 2022

  Russia reducing flows via Nord Stream, outages at Freeport and French nuclear downgrades have sent the European natural gas market into an upward spiral with more volatility still to come. And while summer consumption will be covered, analysts at Wood Mackenzie, a Verisk business (Nasdaq: VRSK) say storage refill is at risk unless additional demand and supply measures are taken.

• News Release

  Europe to install 45 million heat pumps in the residential sector by 2030

  • 04 8月 2022

  Europe is set to achieve 45 million cumulative heat pump installations in the residential sector by 2030, which will support the region’s net zero and energy security goals, according to Wood Mackenzie’s latest insight ‘Europe electrification of heat demand outlook to 2050’.

• News Release

  Stability of Russian gas flows remain uncertain, despite the reopening of Nord Stream

  • 21 7月 2022

  Gazprom confirmed today that regular annual maintenance of Nord Stream is officially over and gas flows restarted at 63 million cubic metres per day (mcm/d) – 40% of the pipeline’s overall capacity. The European gas market has reacted, with prices down by 5%; but the stability of Russian gas flows is by no means a given, according to analysts at Wood Mackenzie.

• News Release

  Global installed wind power capacity set to grow by 9% to 2030

  • 15 12月 2021

  Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie.

• News Release

  Sweden could become a pioneer in green steel production

  • 21 12月 2021

  Sweden has shown it has potential to become a pioneer in green steel production, says Wood Mackenzie.

• News Release

  High carbon tax could erode up to 60% of Asia’s refining earnings

  • 05 10月 2021

  A high carbon tax could erode up to 60% of Asia’s total refining earnings by 2027, says Wood Mackenzie, at the Global Energy Summit Focus Week.

• Webinar

  Webinar | Europe distributed solar and storage: How significant is the role of households and C&I players in the energy transition?

  • 25 11月 2021

  Join Wood Mackenzie on Thursday, 25th November at 10:00 am GMT where we'll use financial modelling to illuminate attractive business cases for residential solar-plus-storage systems, identify key European markets, and map future development trajectories.

• Opinion

  This is not a drill: key lessons from GB power price spikes

  • 27 10月 2021

  The GB power market has been hit hard by a painful combination of high commodity prices, pre-winter levels of availability and low wind output.

• News Release

  Europe emerges as global LNG price-setter

  • 27 5月 2021

  Global liquefied natural gas (LNG) markets were set to tighten over the next five years, driven by a slowdown in global LNG supply growth. But Europe’s market dynamics are turbo-charging the price recovery, with TTF currently trading close to US$9 per million British thermal units (/mmbtu), a level not seen since mid-2018. Following the recent winter spot price spike in Asia, the European market has been sustaining global LNG prices, making the region a battleground for global LNG price formation, new research from global natural resources consultancy Wood Mackenzie found.

• Webinar

  Webinar | Accounting for Extreme Weather for Solar Development Finance

  • 18 5月 2021

  Join us for a webinar discussing a deeper understanding of extreme weather for solar development as it relates to finance risk.

• News Release

  UK accelerates plan to cut carbon emissions

  • 20 4月 2021

  Today's announcement outlining the UK's plan to set a legally binding 78% greenhouse gas emissions reduction target (on 1990 levels) through its Sixth Carbon Budget is another significant milestone on the road to its goal of net-zero emissions by 2050.

• Webinar

  Nordic power markets to 2050: an energy transition in low-carbon markets

  • 14 7月 2021

  Join our European Power team to hear about the work we’ve been doing to add Nordic power market coverage to the European Power Service and get a first look at our new insight.

• Comment

  ArcelorMittal to take green steel honours with Sestao plan

  • 13 7月 2021

  European steelmaker ArcelorMittal today announced plans to become the world’s first steelmaker to produce fossil-free steel using virgin iron. ArcelorMittal, the world’s second largest steelmaker and Europe’s largest producer, plans to produce fossil-free steel via a process known as H-DRI-EAF.

• Comment

  What would an EU carbon border adjustment mechanism mean?

  • 14 7月 2021

  The EU Commission proposed a carbon border adjustment mechanism (CBAM) as part of today’s “Fit for 55” package. James Whiteside, global head of multi-commodity research at Wood Mackenzie, said: “As the first mechanism of its kind, the CBAM is being designed in consultation with industry to avoid unintended consequences. “A CBAM that does not cover a substantial portion of the production chain will encourage carbon leakage - pushing emissions beyond the borders of the EU or shifting competition between EU and non-EU producers to the next stage of the value chain.”

• News Release

  EU’s ‘Fit for 55’ lays out bloc’s green blueprint

  • 14 7月 2021

  Europe is at the forefront of the shift to net zero, both in ambition, but also in terms of how to make rapid and deep decarbonisation a reality. The world needs to reduce carbon dioxide (CO2) emissions as quickly as possible. Not doing so means we will need to turn to expensive and unproven technologies to withdraw CO2 from the atmosphere later this century.

• Webinar

  Webinar| An accelerated energy transition: scenario analysis for a 1.5 degree pathway

  • 17 2月 2021

  A 1.5-degrees pathway requires the world to peak carbon emissions immediately and reach net zero by 2050. With the US re-joining the Paris agreement, the probability to achieve these goals has improved. But let’s not undermine the challenge because the energy sector alone cannot deliver it.

• Platform

  Lens Power & Renewables Europe, Middle East and Africa

  • 24 2月 2025

  Interconnected power and renewables data to support long-term planning, strategy, and investment due diligence.

• News Release

  European gas storage plans for 2023 still stand despite cold snap

  • 14 12月 2022

  Colder temperatures across Europe have increased month-on-month heating demand by 20% in December, but behavioural change in households and services means the amount of gas used in these sectors is 16% lower than previous average consumption patterns for similar temperatures says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).