14% increase in European coal demand to be short-term trend

• 21 9月 2022

European seaborne thermal coal demand is projected to increase 14% or 12 million metric tonnes (Mt) this year to 98 Mt as it grapples with the current energy crisis.

Webinar | European Power: Navigating the energy crisis

• 01 11月 2022

As Europe's energy crisis escalates, high power prices drive short-term actions to ease the burden on consumers while policy markers consider enduring, structural change in markets. The evolving background is very uncertain, making the dynamics of power markets challenging to navigate – how will these conditions shape power's ability to meet the challenges of the continuing energy transition?

China's renewables boom year poses major challenges to western markets

• 17 2月 2022

China’s renewables manufacturing has emerged from 2021 bigger and more competitive than ever before. Western markets are benefitting from trading with the IKEA of the energy transition, but balancing reliance on China’s technology providers with local interests is now a key political as well as environmental challenge, says Wood Mackenzie.

Europe can satisfy gas demand for now – but longer-term outlook is uncertain

• 23 2月 2022

Despite fears that Europe may face a gas crunch following the cancellation of Nord Stream 2, analysts at global energy consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK) say Europe is currently in a better situation than it was at the start of the 2021/22 winter.

Coal prices spike as Russia-Ukraine crisis escalates

• 03 3月 2022

The Russia-Ukraine crisis has shocked the coal and the broader energy markets, with spikes in Newcastle prices observed in recent days, says Wood Mackenzie.

Industry leaders to speak at Wood Mackenzie’s European Power & Renewables Conference

• 24 3月 2022

Join executives from EDF Energy, Renewable Energy Institute and Société Générale as Europe’s energy sector gears up for critical transformation

Soaring solar raw materials prices could thwart REPowerEU plans

• 30 5月 2022

The REPowerEU initiative has the potential to add at least 420 gigawatts (GW) of solar installations by 2030; however, rising solar raw material costs could become the stumbling block to achieving this goal, says Wood Mackenzie.

Eni makes discovery of the year, named most-admired upstream explorer

• 17 6月 2022

Italian major Eni has, for the fourth time in seven years, been named the upstream industry’s most-admired explorer, an accolade awarded as part of Wood Mackenzie’s industry-leading annual Exploration Survey.

Webinar | Keeping the lights on with AI: Stabilising energy markets via flexible assets and automated trading

• 25 1月 2022

Join Wood Mackenzie's Blazej Radomski on Tuesday, 25th January at 15:00 GMT where he will be discussing how the twin forces of AI and flexibility markets can bring much needed stability to the power grid.

Global O&M Trends & Impacts on Solar Operating Fleets

• 01 9月 2021

Join Wood Mackenzie and kWh Analytics on September 1st at 08:30 PST / 11:30 EST / 16:30 BST as we explore the factors that give rise to cost escalation risk and PV plant performance degradation, as well as explore potential solutions to combat these problems.

Firth of Forth net-zero hub key to achieving climate goals

• 17 8月 2021

The development of net zero hubs around the UK has proved a key plank of the country’s strategy towards achieving net zero by 2050. Scotland, which has a 2045 net-zero target, could advance its ambitions by establishing a net zero hub on the Firth of Forth, research from global natural resources consultancy Wood Mackenzie, a Verisk company (Nasdaq: VRSK) has found.

UK gas output slump helps fuel price rally

• 08 9月 2021

UK gas production is down 28% year-to-date, helping fuel the current European gas price rally, global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK) said.

Tapping working gas volume could cushion blow of Europe’s energy crunch

• 04 11月 2021

European gas storage has been struggling to fill this summer. Storage at the beginning of November will be about 75% full, at 83 billion cubic metres (bcm), 14 bcm below the five-year average, rattling the market. A cold European winter could result in storage levels falling to zero by the end of March 2022, unless more Russian gas supply is available versus current export levels. But there could be an alternative available to the market should this come to pass – tapping the substantial amount of cushion gas available in Europe’s storage facilities. Global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), said using cushion gas could allow an extra 15 bcm enter the market, easing the supply crunch.

UK charts course for net zero North Sea

• 06 5月 2021

The UK government and the country’s oil and gas sector recently agreed a deal to leverage the upstream industry's capabilities, accelerate the energy transition and help the North Sea reach net zero by 2050.

Long-term LNG set to remain a buyers’ market

• 15 6月 2021

The liquefied natural gas (LNG) long term contract market and LNG spot market are travelling in opposite directions. The long-term buyers’ market is only likely to end when it becomes clear that demand will outstrip new supply available from Qatar and Russia, global energy consultancy Wood Mackenzie said.

Webinar | Rare Earths: a global outlook for key market trends

• 15 9月 2021

This webinar will explore the latest trends and insights on the Rare Earths market. Join the Rare Earths team on Wednesday, 15 September, for answers to key questions facing the industry.

Webinar | European power: through pandemic, to recovery and beyond

• 28 1月 2021

After a tumultuous 2020, European power markets could be set for a more optimistic 2021. A new year in which policymakers and market participants will refocus on initial, substantive steps towards the delivery of net-zero objectives under the light of the EU Green Deal. Listen to Wood Mackenzie’s Energy Transition Practice experts as they discuss the year ahead for the European power markets.

Europe's Green Deal and pandemic recovery to take centre stage in 2021

• 07 1月 2021

With hopes of vaccines setting a better course for 2021, this year will see policymakers and market participants focus on initial but substantive steps towards net-zero objectives.

Resilience and sustainability to be core oil and gas themes of 2021

• 19 1月 2021

Wood Mackenzie’s latest analysis reveals that sustainability and resilience will be at the heart of the oil and gas industry story in 2021.

Big Oil’s impact on the transformation of offshore wind

• 16 3月 2021

Join Wood Mackenzie's experts on Tuesday 16th March at 1:30pm - 2:30pm GMT, where we will review the rapid growth of the leading European oil companies in offshore wind.

Renewable auctions no silver bullet for decarbonisation in Europe

• 24 3月 2021

Up to the mid-2020s, approximately 70% of wind and solar development activity will be supported by auctions. However, data from across Europe highlights that market-level dynamics are shaping the approach of would-be developers. As such, auctions alone will not be enough to deliver much-needed capacity, according to Wood Mackenzie.

Carbon taxes and the upstream subsidy debate

• 27 4月 2021

Carbon taxes and the upstream subsidy debate

Will the RPET market flourish with the UK's new deposit scheme?

• 14 5月 2018

It may come as a surprise to learn that 56% of PET bottles used in the UK each year are recovered for recycling. That figure is projected to rise to 59% by 2021, but could increase significantly with the introduction of the UK government’s proposed deposit return scheme. Elsewhere in Europe, similar schemes have achieved ~90% recovery rate.

Decommissioning – will the time ever be right?

• 12 12月 2017

The North Sea faces a decommissioning bill of US$32 billion between 2018 and 2022, but does the supply chain have an appetite to make the investment needed?

How private equity is revitalising offshore exploration and production

• 01 10月 2018

Private equity is revitalising offshore exploration and production, with smaller operators bringing new life to the US Gulf of Mexico, the North Sea and Brazil. Get the latest analysis here.

European PET market turmoil could see knock-on effects for brand owners

• 10 6月 2018

The European PET market is currently in a state of turmoil, which has principally been caused by a lack of PTA feedstock and reduced imports.

Poland, Italy and Turkey experiencing fastest flexible packaging growth

• 29 9月 2017

What is driving flexible packaging growth in Poland, Italy and Turkey? Read more.

What is the impact of recent North American olefins investments on Europe?

• 05 11月 2017

The lower crude oil pricing environment that has been in place for almost the last three years has influenced the olefin cost curve around the World. The deviation between advantaged and disadvantaged regions has narrowed, levelling the playing field much more.

European Energy Service

Stay on top of key fundamentals and get to the bottom of Europe's dynamic energy markets with our European Energy Service.

European power and renewables: what to look for in 2024

• 29 1月 2024

European power and renewables markets enter 2024 with relative stability compared to last year, although challenges arise in transitioning to emissions-free renewables.