• Horizons

  Taking the strain: how upstream could meet the demands of a delayed energy transition

  • 16 1月 2025

  We answer five key questions in this edition of Horizons. Where would the additional oil and gas supply come from? Could the supply chain cope? How much more upstream investment would be needed? How would cost inflation affect the price of oil and gas? And can the industry amend its disciplined approach?​

• News Release

  Trade and supply chain barriers delay impact of historic clean energy law

  • 13 12月 2022

  The U.S. added 4.6 gigawatts (GW) of new solar capacity in Q3 2022, a 17% decrease from the same quarter last year as trade barriers and ongoing supply chain constraints continue to slow America’s clean energy progress. These disruptions will cause a 23% decline in solar installations this year compared to 2021, according to the U.S. Solar Market Insight Q4 2022 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business.

• News Release

  Q3 U.S. grid-scale energy storage market sets new record

  • 15 12月 2022

  The U.S. energy storage market grid-scale segment installed a record 4,733 megawatt-hours (MWh) in the third quarter of 2022, surpassing the previous quarterly high of 4,598 MWh in Q1 of 2021, according to a new report released today. On a single charge, this amount of battery storage could power over 150,000 U.S. homes for a day.

• News Release

  Long-duration energy storage projects attract more than US $58 billion investment over last three years

  • 07 12月 2022

  Long-duration storage energy (LDES) projects around the world have attracted more than US $58 billion in commitments made by governments and companies since 2019. If all these projects went forward, it would lead to the installation of 57 gigawatts (GW) of LDES – the equivalent of three times the global energy-storage capacity deployed in 2022, according to analysis from Wood Mackenzie.

• News Release

  Potential US refined oil product export ban would challenge already constrained global markets and refining systems

  • 25 10月 2022

  A proposed US refined product export ban would save US consumers at the gasoline pump but pose significant challenges and costs to US and global refining systems, according to a recent analysis from Wood Mackenzie.

• Content

  Avoiding pand-ammonia: how to kick-start a global low-carbon ammonia industry

  • 17 11月 2022

  Ammonia shapes modern life in every way imaginable. As the basis for all nitrogen fertilisers, industrial ammonia has truly changed the world.

• News Release

  LNG exports drive expansion of North American natural gas market, adding 29 bcfd of production by 2033

  • 17 11月 2022

  Driven by a surge in LNG exports, the North America natural gas market will support 29 billion cubic feet per day (bcfd) of production from 2022-2033, tripling its current market size, according to a new report from Wood Mackenzie.

• News Release

  US climate bill to boost domestic annual renewables investment to nearly US$114 billion by 2031

  • 19 1月 2023

  The Inflation Reduction Act (IRA), flagship legislation focused on accelerating decarbonisation in the US, will significantly boost annual investment into renewable energy deployment in the region. A rise from US$64 billion in 2022 to nearly US$114 billion is expected by 2031, according to Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

• News Release

  Global hydrogen pipeline plummets in Q4, with only 1Mtpa of new projects announced

  • 23 2月 2023

  The total global announced capacity for hydrogen projects reached 71.4 million tonnes per annum (Mtpa), but 2022 falls short of becoming a record year according to latest analysis from Wood Mackenzie.

• News Release

  US community solar growth slowed 16% in 2022; national market expected to double by 2027

  • 15 2月 2023

  US community solar installed capacity declined 16% in 2022 compared to last year, primarily driven by interconnection delays hindering growth in key state markets such as Massachusetts, Maine, and Maryland. Industry-wide supply chain constraints also pushed project timelines into 2023, according to the latest report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA).

• Webinar

  EV charging energy management for workplaces, businesses and fleets

  • 12 4月 2023

  PowerFlex joins Wood Mackenzie on this webinar replay to discuss important energy management tools and strategies for installing and operating EV charging solutions onsite.

• News Release

  US energy storage market continues to expand rapidly

  • 15 3月 2023

  Across all segments of the industry, the U.S. energy storage market installed 4.8 gigawatts (GW) of capacity in 2022, nearly equal to the combined 2020 and 2021 installed capacity of 5 GW, becoming a record year for battery storage. This is according to ACP and Wood Mackenzie’s latest U.S. Energy Storage Monitor report released today.

• News Release

  California dwarfs all other VPP markets in North America

  • 29 3月 2023

  California dwarfs all virtual power plant (VPP) markets in North America, housing 24% of projects in the region, according to Wood Mackenzie’s ‘North America VPP market: H1 2023’ report.

• News Release

  Oil and mining companies must adapt new strategies to deliver low-carbon transition

  • 20 4月 2023

  As companies in the energy and natural resource sector struggle to find the balance between satisfying shareholder returns and meeting stakeholder low-carbon demands, new strategies are emerging that could be the catalyst to drive capital allocation decisions toward growth and closing valuation gaps, according to “Fuelling Change” a new Horizons report from Wood Mackenzie.

• News Release

  US$36.4B of grid modernization planned by investor-owned utilities

  • 18 4月 2023

  In efforts to modernize distribution grids, 25 investor-owned utilities (IOU) have filed for $36.4 billion of investment.

• News Release

  China’s solar exports booming, up 64% in 2022 despite global trade tensions

  • 23 5月 2023

  China’s solar exports grew 64% to US$52 billion in 2022 despite global trade tensions, according to latest analysis from Wood Mackenzie.

• News Release

  Should gas resource holders target LNG exports or blue ammonia?

  • 15 6月 2023

  The acceleration of the energy transition means gas resource holders increasingly face a choice: follow the established pathway and develop new LNG export facilities or pivot into developing blue ammonia.

• News Release

  US grid-scale energy storage installations record second-straight quarterly decrease

  • 14 6月 2023

  Across all segments of the industry, the U.S. energy storage market added 2,145 megawatt hours (MWh) in the first quarter of 2023, a 26% decrease from Q4 2022. The grid-scale segment installed 1,553 MWh in Q1 2023, recording the second-straight quarterly decline and falling 33% below first quarter 2022 installations, according to a new report released today.

• News Release

  EV charger installations in the US are poised to grow fourfold by 2027

  • 28 6月 2023

  Wood Mackenzie estimates the number of charging ports in the US to reach close to 18 million by 2027, with most chargers in the residential category. However, the residential market share will slightly decline in that period as the public and commercial EV charging segments grow.

• News Release

  Canadian LNG has potential to meet growing Asian demand

  • 10 7月 2023

  Speaking at the LNG2023 conference in Vancouver, Dulles Wang, Director, Americas Gas & LNG at Wood Mackenzie said that with the alignment of several market dynamics, Canada could be positioned to play a much bigger role in global LNG exports.

• News Release

  North American renewable natural gas market could expand tenfold by 2050 to reach 4 bcfd

  • 17 7月 2023

  Driven by new government incentives for the transportation sector, renewable natural gas (RNG), or biomethane, saw tremendous growth in 2022, with 60 million cubic feet per day (mmcfd) of new production capacity added, according to a new report from Wood Mackenzie.

• News Release

  US$500 billion (2023 terms) investment in global oil and gas asset development enough to meet peak demand in 2030s

  • 20 7月 2023

  Despite concerns about underinvestment in upstream, peak oil and gas demand can be met in the 2030s without a substantial increase to current annual asset development investment levels of US$500 billion in 2023 terms, according to a new Horizons report from Wood Mackenzie.

• Webinar

  Innovation at the speed of Lightsource BP

  • 17 8月 2023

  Watch the webinar replay featuring Thomson Reuters and Lightsource BP.

• News Release

  U.S. grid-scale energy storage installations set new record in Q2 2023

  • 25 9月 2023

  Across all segments of the industry, the U.S. energy storage market added 5,597 megawatt hours (MWh) in the second quarter of 2023, a new quarterly record. The grid-scale segment led the way with a record-breaking 5,109 MWh in Q2, beating the previous record in Q4 2021 by 5%, according to a new report released today.

• Webinar

  Discussing the BESS operational techno-economic evaluation cycle

  • 24 10月 2023

  Watch the replay of our webinar with DNV.

• The Edge

  A cornerstone of global oil supply – Canada at a cross roads

  • 01 3月 2017

  Canada's investor sentiment soured by environmental concerns and competition for capital from tight oil have already begun to reshape the domestic corporate landscape.

• The Edge

  Breaking conventions – tackling the high-cost culture

  • 04 7月 2017

  New thinking and new ways are needed if operators are to usher in a new era of investment in conventional projects. A dip in oil prices below US$50/bbl may be just what’s needed to concentrate minds and encourage companies to challenge industry conventions.

• The Edge

  A Trump Administration - implications for the energy and mining industries

  • 14 11月 2016

  Although the Presidency does not officially begin until January 20th 2017, the dearth of concrete policy proposals leaves a high level of uncertainty around the priorities of a Trump administration.

• The Edge

  The shrinking scale of greenfield oil and gas projects: slowing growth prospects outside the L48 bubble

  • 26 1月 2017

  Despite the uptick in numbers, investment in greenfield conventional projects is stuck at a low ebb.

• Editorial

  Permania! Why M&A in the Permian Basin is at fever pitch

  • 13 1月 2017

  How did US$20 billion in deals happen in a down market?