• News Release

  European renewable PPA market sees 19GW of new capacity contracted in 2024

  • 15 4月 2025

  The European renewable energy Power Purchase Agreement (PPA) market demonstrated strong recovery in 2024, with nearly 19 gigawatts (GW) of new capacity contracted, according to the latest Europe Renewables PPA Tracker report released by Wood Mackenzie. The report highlights a surge in PPA activity, with Spain and Germany leading the market, accounting for 30% of total capacity. Solar PV and wind projects represented approximately 80% of contracted capacity, with each technology contributing similar volumes. Poland, the UK and Greece entered the top five across all deal types (corporate, route-to-market and utility).

• News Release

  India's new carbon market methodologies set offset landscape

  • 17 4月 2025

  India's recent approval of eight methodologies for its domestic voluntary carbon market is set to revitalise the national carbon offset landscape, according to Wood Mackenzie. The Carbon Credit Trading Scheme (CCTS) introduces a framework that could significantly impact carbon credit prices, quality, and trading patterns in the country.

• News Release

  US energy dominance faces long-term challenges

  • 17 4月 2025

  While the United States currently dominates global oil and gas production, it faces significant challenges to maintaining the same level of leadership in the coming decades, according to the latest Horizons report from Wood Mackenzie.

• News Release

  The oil industry nervously stands by: Tariff uncertainty and price volatility are threats to supply, investment and the service sector

  • 23 4月 2025

  The global oil industry has been bracing for a crisis since oil prices fell below US$60 per barrel (/bbl), a level unseen since 2021. Producers are preparing for potential further declines, with investment in the US Lower 48 tight oil sector particularly responsive.

• News Release

  In 2025, Up to 3.5 Mcmd in play as spot gas market challenges firm contracts in Brazil

  • 30 4月 2025

  Brazil's Local Distribution Company (LDC) market dynamics are set for significant changes in 2025, with a notable shift towards spot market transactions, according to a recent report from Wood Mackenzie.

• News Release

  Despite surging power demand, gas-fired power faces manufacturing constraints that could limit near-term growth

  • 14 5月 2025

  A new report from Wood Mackenzie finds that despite surging power demand, the gas turbine market could experience "turbo lag" in the next 15 years due to manufacturing constraints, rising costs, and competition from renewables.

• News Release

  Lithium market volatility rises as supply surge faces the trade tension and deflationary pressure

  • 13 5月 2025

  The global lithium market is expected to face a significant supply surplus over the next decade, with deflationary pressures from China’s overcapacity in processing and trade tensions with the U.S. threatening to reshape the market’s dynamics. According to Wood Mackenzie, the current oversupply is projected to peak in 2027, followed by a potential shift to deficit by the early 2030s.

• News Release

  Middle East and North Africa solar manufacturing capacity to reach 44 GW by 2029, driven by vertically integrated strategy

  • 07 5月 2025

  Solar manufacturing in the Middle East and North Africa (MENA) region is projected to reach 44 gigawatts (GW) by 2029, with installations in the region expected to exceed 140 gigawatts direct current (GWdc) by 2030, according to new analysis from Wood Mackenzie. “MENA’s vertically integrated, cost-competitive approach, underpinned by the latest technologies, sets it apart from fragmented strategies seen in markets like the United States, India, and Southeast Asia,” said Yana Hryshko, senior analyst and head of global solar supply chain research at Wood Mackenzie.

• News Release

  Proposed US House budget reconciliation bill poses many challenges to renewable energy industry

  • 15 5月 2025

  Solar, wind, and energy storage forecasts potentially downgraded, while 95% of announced green hydrogen projects are at risk.

• News Release

  Indonesia faces potential gas supply shortfall, Wood Mackenzie warns

  • 21 5月 2025

  Indonesia, Southeast Asia's largest gas market, may face domestic gas supply shortfalls in the coming years, according to Wood Mackenzie's latest analysis.

• News Release

  Geothermal energy poised for transformation: Wood Mackenzie explores emerging next-gen technologies

  • 28 5月 2025

  Next-generation geothermal technology could transform the energy sector, offering abundant, round-the-clock low-carbon power and heat, according to Wood Mackenzie.

• News Release

  Australia's East Coast gas market faces complex challenges with no easy solutions

  • 27 5月 2025

  Australia’s East Coast gas market is on a path toward a structural shortfall, according to Wood Mackenzie. The article, ‘Dare to be bold: Australia’s East Coast gas market’, highlights intensifying supply shortfalls and warns that without decisive action, Australia faces a future of chronic gas shortages, particularly during winter months. According to Wood Mackenzie, gas demand on the East Coast remains resilient, but new supply is not keeping pace. A combination of declining exploration activity, delayed investments, and an increasingly complex policy environment has undermined market confidence.

• News Release

  Australia risks losing edge in global hydrogen race as projects stall, warns Wood Mackenzie

  • 29 5月 2025

  Despite its early leadership ambitions, Australia is falling behind in the global hydrogen economy, with 80% of its low-carbon hydrogen projects still in early development and multiple high-profile cancellations, according to new analysis from Wood Mackenzie. Released at the Australia Energy Producers Conference, the report, ‘How can Australia compete in the global hydrogen market (before it’s too late)?’ highlights that while the country boasts world-class renewable energy potential and abundant land, it is struggling to convert those advantages into competitive hydrogen production.

• News Release

  Global energy landscape: how three tariff scenarios reshape the future

  • 27 5月 2025

  A new report from Wood Mackenzie, "Trading cases: Tariff scenarios for taxing times", presents three distinct futures for the global energy landscape.

• News Release

  Key renewable energy takes away from Australia’s federal election

  • 15 5月 2025

  Australia's re-elected Labor government has renewed its commitment to accelerating the energy transition following the 2025 federal election. The administration has pledged to uphold its ambitious renewable energy targets while introducing new policies to increase energy storage capacity and advance critical mineral development.

• News Release

  US wind market installations hit a decade low

  • 08 4月 2025

  The U.S. wind market continued a downward trend in 2024, with 5.2 gigawatts (GW) of total installations, the lowest in 10 years, according to the U.S. Wind Energy Monitor report released by Wood Mackenzie. The report shows that 3.9 GW of onshore builds came online last year, along with 1.3 GW of onshore repowers and 101 megawatts (MW) of installed offshore capacity.

• News Release

  US solar industry to add 502 GWdc of capacity in next 10 years

  • 23 4月 2025

  Speaking from Wood Mackenzie's Solar and Energy Storage Summit, Sylvia Leyva Martinez, Principal Analyst, North America Utility-Scale Solar, said, "Bright skies are ahead for US solar, with average annual installations surpassing 40 GWdc through 2035. In total, the US solar industry will add about 502 GWdc of capacity to the market in the next 10 years."

• News Release

  Ammonia co-firing in thermal power plants could be worth US$100 billion in 2050

  • 18 5月 2022

  While hydrogen can be used in many sectors, its derivative, ammonia, has emerged as a key tool to provide flexible power generation and integrate variable renewables. Analysis by Wood Mackenzie shows that a 10% ammonia co-firing in global coal plants would translate to 200 million tonnes (Mt) of ammonia demand, a potential market of US$100 billion by 2050.

• News Release

  Upstream FIDs pushes on with lower costs

  • 05 4月 2018

  As previously forecasted by Wood Mackenzie, 2017 saw a significant recovery in upstream FIDs, with the number of project sanctions more than doubled compared to 2016. Wood Mackenzie expects a similar total this year - circa 30 major project FIDs - supported by continued prudence in industry spending.

• News Release

  IMO aims to halve global shipping emissions. But, what will it cost?

  • 12 4月 2018

  The IMO is gearing up to cap sulphur emissions. Wood Mackenzie looks at the potential impact the new regulations could have on the shipping and bunker fuel sectors.

• News Release

  Chinese shale gas production to almost double in two years

  • 17 4月 2018

  Shale gas in China has seen significant progress over the last decade, growing to nearly 600 wells and 9 bcm of production last year. In its latest analysis, Wood Mackenzie projects Chinese shale gas production to almost double to 17 bcm in 2020.

• 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.

• News Release

  A new era for oil and gas in Mexico

  • 16 5月 2018

  Look no further than Mexico for an example of what a successful energy reform looks like. Over the past five years, the country has dramatically overhauled its energy landscape. A new report analyses the impacts of the energy reform on the country's upstream sector.

• News Release

  Permian produced water: slowly extinguishing a roaring basin?

  • 11 6月 2018

  With the recent rise oil prices, operators have been adding rigs and ramping up completions in the Permian Basin – the largest and most important source of oil supply growth in the world. However, persistent operational water challenges present a material risk to companies' future profitability and production.

• News Release

  Exploration industry eyes a brighter future at EAGE

  • 12 6月 2018

  In his keynote address to the EAGE 2018 Conference in Copenhagen, Andrew Latham, vice president, global exploration, at Wood Mackenzie, told delegates that the exploration sector emerged from the downturn in better shape, and the economic outlook is looking bright.

• News Release

  North America to lead next wave of global LNG projects

  • 18 12月 2018

  North America will lead the next wave of global LNG project sanctions in 2019, with three US Gulf Coast developments expected to reach final investment decision (FID) in the first half of 2019, according to Wood Mackenzie's latest quarterly North America LNG projects update.

• News Release

  Upstream companies positioned to thrive in 2019

  • 17 12月 2018

  Price volatility. Market turbulence. Geopolitical tensions. As 2018 draws to a close the stage is already set for a fascinating 2019 in the upstream industry. In the recently published 2019 upstream and corporate outlook reports, Wood Mackenzie highlights how well prepared the industry is to adapt and thrive in tumultuous times.

• News Release

  Major LNG buyers' uncontracted demand to quadruple by 2030

  • 13 12月 2018

  Wood Mackenzie's latest research reveals that uncontracted demand by the world's seven largest LNG buyers could quadruple to 80 million tonnes per annum (mmtpa) by 2030.

• News Release

  Solar tariffs hold back Q3 installations, scramble project timelines as procurement pipeline booms

  • 13 12月 2018

  The Section 201 solar tariffs took a toll on U.S. utility-scale solar installations in the third quarter according to the U.S. Solar Market Insight Report for Q3 from Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA). The residential market, meanwhile, continued...

• News Release

  US Gulf of Mexico poised for historic year in 2019

  • 19 12月 2018

  Next year is shaping up to be a good one in the US Gulf of Mexico, with the first increase in drilling in four years, first-ever production from a Jurassic play, key new project sanctions and an uptick in M&A all in the cards, according to Wood Mackenzie's annual US Gulf of Mexico outlook.