• 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.

• Comment

  Slower H2 demand across most commodities in China

  • 28 7月 2021

  Demand across most commodities in China is expected to slow down in the second half of 2021, according to Wood Mackenzie’s new monthly China Economic Focus report.

• Comment

  China’s CATL launches sodium-ion battery

  • 29 7月 2021

  China’s CATL unveiled its newly-developed sodium-ion battery at a launch event today.

• News Release

  Decarbonising plastic value chains remains Herculean task

  • 26 7月 2021

  Despite the ‘war on plastics’, demand over the coming decades will be robust, underpinned by the growing global middle-class and the material requirements of the energy transition.

• Comment

  Japan’s new 2030 energy mix unveils radical plans to transform the energy system

  • 27 7月 2021

  Last week, Japan’s Ministry of Economy, Trade and Industry (METI) released a draft of its upcoming 6th Strategic Energy Plan which included major changes to the FY2030 power generation mix targets.

• News Release

  Solar energy to boost demand for base metals

  • 09 8月 2021

  According to a new report from Wood Mackenzie, a Verisk business (Nasdaq:VRSK), solar power will have a significant impact on demand for aluminium, copper, and zinc, with the usage of all three metals in the sector set to double by 2040.

• Comment

  Bumpy road ahead as SEA navigates energy transition but opportunities aplenty

  • 04 8月 2021

  Wood Mackenzie is organising the 2021 Southeast Asia Energy Forum today. Experts will be discussing key issues and opportunities facing the region’s energy industry over the coming decades.

• Comment

  Oil Search and Santos on a revised merger proposal

  • 02 8月 2021

  Oil Search and Santos have reached agreement on the merger ratio under the proposed merger.

• News Release

  Asia Pacific FTM storage costs to decline 30% by 2025

  • 19 1月 2021

  All-in front-of-the-meter (FTM) battery storage system costs in Asia Pacific markets could decline by more than 30% by 2025, says Wood Mackenzie.

• Content

  Total eclipse: how falling costs will secure solar’s dominance in power

  • 21 1月 2021

  Renewables are the proven zero-carbon technology where much of the capital funding the energy transition will be invested.

• News Release

  Solar power now cheapest way to add electricity in many markets - and getting cheaper

  • 21 1月 2021

  The cost of solar power has dropped 90% over the last two decades, and will likely fall another 15% to 25% in the decade to come, says Wood Mackenzie. By 2030, solar will become the cheapest source of new power in every US state, plus Canada, China, and 14 other nations.

• News Release

  OPEC+, Covid-19 and energy transition – 3 themes impacting oil markets and refining in 2021

  • 28 1月 2021

  Wood Mackenzie’s latest outlook report shows that the art of balancing oil markets and the refining sector in 2021 hinges upon three key themes – OPEC+ production, Covid-19 developments, and the energy transition.

• 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.

• News Release

  700 million electric vehicles will be on the roads by 2050

  • 08 2月 2021

  Electric vehicle (EV) sales are expected to reach 62 million units per year by 2050, with a total global EV stock of 700 million, according to new research from Wood Mackenzie.

• Content

  Fast and Furious: Europe's race to slash emissions by 2030

  • 18 2月 2021

  Renewables are the proven zero-carbon technology where much of the capital funding the energy transition will be invested.

• News Release

  Greentech Media's integration with Wood Mackenzie

  • 12 2月 2021

  Wood Mackenzie acquired Greentech Media in 2016 and in 2019 integrated the GTM research practice into our ever-expanding Power and Renewables research team. Since then we have continued to use greentechmedia.com and GTM Squared as vehicles to present green technology and renewables news. Recognising the strategic importance of the energy transition to Wood Mackenzie, the time has now come for us to fully integrate Greentech Media.

• News Release

  US winter storm impacts on the polyester value chain

  • 18 2月 2021

  As the US deals with this week’s winter storm, refining and petrochemicals outages could have an impact on the global polyester chain, according to Wood Mackenzie.

• News Release

  Europe needs to change course to hit 2030 emissions target

  • 18 2月 2021

  Europe’s new 2030 emissions target of a 55% reduction over 1990 levels has made it the undisputed global leader in climate ambition. However, with the region still a long way from achieving this rapidly approaching goal, dramatic changes are needed.

• News Release

  BMW Group must prioritise full-electric cars to meet 2030 targets

  • 25 2月 2021

  BMW Group – which is comprised of BMW, Mini, Rolls-Royce and Zinoro – is targeting 7 million in battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) stock by 2030, which would see over 1 million combined sales of these cars globally by the same date. However, Wood Mackenzie projects the company will only meet 61% (4.2 million) of that stock target by 2030.

• News Release

  IMO 2030 carbon intensity target can be achieved with adoption of amendments

  • 26 2月 2021

  Wood Mackenzie’s latest report reveals that the International Maritime Organization’s (IMO) 2030 carbon intensity target can be achieved with the adoption of the Energy Efficiency Design Index (EEDI) and Energy Efficiency Design Index for existing ships (EEXI) amendments at the Marine Environment Protection Committee (MEPC) 76 in June this year.

• Webinar

  Webinar | Plastic Waste Makers Index - revealing the source of the single-use plastics crisis

  • 03 6月 2021

  Join us for a conversation with Nakul Saran (COO) and Dominic Charles (Director of Finance and Transparency) from the No Plastic Waste project set up by the Minderoo Foundation, who recently released their new Plastic Waste Makers Index. In this session Minderoo will walk through their report and its key findings and what they would like to see happen next. They will be joined by Wood Mackenzie’s experts who will set out the challenges facing the industry, and what these might mean for the future of the plastics value chain, before opening the floor to questions from the audience.

• News Release

  US energy storage market shatters quarterly deployment record

  • 03 3月 2021

  According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor’ report, 2,156 megawatt-hours (MWh) of new energy storage systems were brought online in Q4 2020. This is an increase of 182% from Q3 2020, making Q4 the new record quarter for U.S. storage.

• Opinion

  China’s blue skies need green clouds

  • 04 3月 2021

  Chinese Big Tech is now working towards greener clouds, but it is China’s push for blue skies that is making this happen.

• Webinar

  Webinar | North American LNG summer outlook 2021

  • 25 3月 2021

  Join us on Thursday, March 25 to hear our North American LNG summer outlook.

• News Release

  China’s green ambitions can complement energy security and economic goals

  • 18 3月 2021

  Wood Mackenzie’s latest report reveals that China’s march towards carbon neutrality by 2060 can complement both energy security and economic goals.

• News Release

  U.S. solar industry sets records in 2020, on track to quadruple by 2030

  • 16 3月 2021

  The U.S. solar industry grew 43% and installed a record 19.2 gigawatts (GWdc) of capacity in 2020, according to the ‘U.S. Solar Market Insight 2020 Year-in-Review’ report, released today by Wood Mackenzie and the Solar Energy Industries Association (SEIA).

• Content

  Tectonic shift: China’s world-changing push for energy independence

  • 16 3月 2021

  China’s phenomenal growth has been fuelled by hydrocarbons and built with metals.

• News Release

  Texas deep freeze: lingering impacts on US petrochemical industry

  • 19 3月 2021

  Last month’s winter storm paralysed the US petrochemical industry. Operations at US Gulf Coast petrochemical facilities have yet to fully recover one month after freezing temperatures triggered wide-spread power outages and plant shutdowns.