• News Release

  Vietnam becomes Southeast Asia’s hottest solar PV market

  • 01 11月 2019

  Vietnam is now the leader in Southeast Asia’s solar photovoltaic (PV) market with the largest installed capacity in the region.

• News Release

  Europe and North America will have over 1 million workplace EV chargers by 2025

  • 06 11月 2019

  The North America and Europe workplace EV charging markets could surpass a combined 500,000 charger units in 2022 and reach over 1.25 million by 2025, according to new research from Wood Mackenzie.

• News Release

  Renewable electricity to deliver on Europe’s 2030 climate-energy goals

  • 07 11月 2019

  If European member states deliver their individual National Energy and Climate Plans, renewables will account for around 53% of power supply in 2030. Europe is on track to hit this target, although the performance of individual countries will vary, according to analysis from Wood Mackenzie.

• Comment

  Brazil’s PSC Round 6 disappoints as Petrobras lodges sole bid

  • 07 11月 2019

  Speaking after this morning’s PSC round, Juliana Miguez, from Wood Mackenzie’s Latin America upstream team, said: “Petrobras has returned to the headlines. One day after it dominated the Transfer of Rights Surplus round, the NOC placed the only bid of today’s auction."

• News Release

  Asia Pacific’s decarbonisation bill to hit US$3.5 trillion in 2040

  • 12 11月 2019

  Recent research by Wood Mackenzie indicates that Asia Pacific’s decarbonisation bill could hit US$3.5 trillion by 2040. This includes investments in solar, wind, hydrogen, nuclear, and hydro power, collectively referred to as zero-carbon energy between now and 2040, under Wood Mackenzie’s accelerated transition scenario.

• News Release

  Seismic changes across upstream as industry grapples with energy transition

  • 12 11月 2019

  The energy transition is undoubtedly impacting corporate upstream strategies in significant and disruptive ways. Coupled with the post-2014 downturn in oil prices, Wood Mackenzie sees seismic changes in the way the industry allocates capital across development, exploration and in particular M&A.

• News Release

  Europe to spearhead renewable energy cost reductions for offshore wind through 2028

  • 18 11月 2019

  Europe’s levelised cost of energy (LCOE) for bottom-fixed offshore wind will fall from an average of $133/MWh in 2019 to $51/MWh in 2028, according to new research by Wood Mackenzie.

• News Release

  JCC-indexed LNG contracts could lose US$15 billion value post IMO 2020

  • 21 11月 2019

  Wood Mackenzie’s latest report reveals that LNG sellers with contracts linked to JCC (Japan Crude Cocktail) could lose some US$15 billion in unearned revenues. This is a result of the IMO 2020 regulation limiting sulphur content of marine fuels to up to 0.5%, which directly affects the price of sour crudes such as those composing the JCC mix. The IMO 2020 kicks in on 1st January 2020.

• Comment

  Qatar eyes LNG top spot as it primes 64% output boost

  • 26 11月 2019

  On 25 November, Qatar Petroleum (QP) announced that it will boost output from Qatar LNG by 64% - from 77 million tonnes per annum (tpa) at present to 126 million tpa by 2027 – following a successful appraisal of the North Field’s onshore extension, near Ras Laffan Industrial City.

• News Release

  OPEC+ set to make its choice

  • 05 12月 2019

  OPEC+ gathers today and tomorrow to decide if the group should roll over its production restraint agreement or consider deeper cuts. The current agreement to reduce output by 1.2 million b/d runs to end March 2020. Ann-Louise Hittle, vice president, Macro Oils, said: “The idea of deeper cuts has been broached, but we consider that less likely to reach full agreement than a rollover of the standing agreement. The need for production restraint is clear. Slower US production growth is not enough to offset the ongoing imbalance between global supply and demand.”

• Comment

  Deeper OPEC+ supply cuts sends supportive signal to markets

  • 06 12月 2019

  After a marathon meeting, running late into the night of 5 December, the OPEC+ group has agreed to continue its current production restraint of 1.2 million barrels per day (b/d), and will add a further 0.5 million b/d of supply cuts through to March 2020.

• Comment

  The European Green Deal: a watershed moment for the energy sector

  • 11 12月 2019

  Ursula von den Leyen, president of the EU Commission, today (11th December 2019) presented a plan to become the first carbon-neutral continent by 2050. This political ambition will be written into the first European Climate Law within 100 days of the announcement.

• News Release

  North Sea to remain global hotspot in 2020

  • 09 1月 2020

  It will be a noteworthy year for the North Sea – companies will increase production for the first time since 2017 and the outlook for both exploration and investment is looking healthy. The region will remain a global hotspot for deals as the corporate landscape continues to evolve. Crucially, the North Sea will also see major steps towards decarbonisation.

• News Release

  Asia Pacific gas and LNG - 6 themes to watch in 2020

  • 13 1月 2020

  Wood Mackenzie has identified six themes that will impact Asia Pacific’s gas and LNG markets in 2020.

• News Release

  Volkswagen to become world’s largest electric vehicle manufacturer by 2028

  • 14 1月 2020

  Volkswagen has pledged to become carbon-neutral by 2050. Included in its roadmap for reaching this target is a plan to manufacture 22 million electric vehicles by 2028. Wood Mackenzie expects the company to miss this target. However, according to Wood Mackenzie's analysis, VW will hit 14 million EVs by 2028 - making it the world's largest EV manufacturer by the end of the decade.

• Comment

  US and China sign Phase One trade deal

  • 16 1月 2020

  Wood Mackenzie's Gavin Thompson provides a commentary on the US-China Phase One trade deal

• News Release

  Iron ore – 5 things to watch in 2020

  • 20 1月 2020

  Slower demand growth (especially in China) and a decent recovery in seaborne supply will continue to feature prominently in the iron ore industry in 2020. Prices will fall, with annual average price forecast for 2020 at $80/t.

• Comment

  China bans single-use plastic

  • 20 1月 2020

  On 19 January, China's National Development and Reform Commission and the Ministry of Ecology and Environment announced policies aimed at restricting production, sale, and use of single-use plastic products.

• News Release

  2020 to be year of transition for global olefins industry

  • 20 1月 2020

  Wood Mackenzie expects the combined capacity expansion of base olefins - ethylene, propylene and butadiene - to hit unprecedented levels of around 20 million tonnes in 2020. This represents an increase of 6% on 2019 levels.

• News Release

  2020 gets off to a bumpy start for the refining sector

  • 21 1月 2020

  This year may prove to be a strong one for the refining sector, but 2020 has had a difficult start. Wood Mackenzie expects some turbulence this year as a number of factors come together – geopolitical risk, the impact of IMO 2020 regulations, and US tight oil production slowing, among them.

• News Release

  Global energy transition and supply issues key for aluminium in 2020

  • 03 2月 2020

  Potential supply disruptions in the Gulf and West Africa are key to the outlook for aluminium in 2020, according to Wood Mackenzie.

• Comment

  China’s demand drops for first time since 2009 as coronavirus hits oil markets

  • 04 2月 2020

  The near-term impact of the coronavirus outbreak on oil demand remains uncertain as much depends upon when and how China’s manufacturing industry restarts after the currently extended Lunar New Year public holiday.

• News Release

  Will renewables displace conventional fuels in Asia’s growth markets in the 2020s?

  • 05 2月 2020

  In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade.

• News Release

  Global onshore wind industry to reach maturity in 2020s

  • 05 2月 2020

  Solar power has emerged as the biggest threat to onshore wind's dominance in the decarbonisation battle. However, the tools available to the wind sector to combat this challenge are diminishing, according to Wood Mackenzie.

• News Release

  Can offshore wind sustain double-digit growth?

  • 06 2月 2020

  According to Wood Mackenzie figures, offshore wind will constitute 25% of total wind demand in 2028 - up from 10% in 2019 - and will narrow the gap with offshore upstream oil and gas in terms of capital expenditure deployment.

• Comment

  French major Total to take 50% stake in Adani solar unit

  • 07 2月 2020

  Speaking after French major Total announced it planned to buy a 50% stake in Indian company Adani Green Energy’s solar unit, Tom Heggarty, principal analyst with Wood Mackenzie’s Energy Transition Practice, said: “Total has been extremely active in the power and renewables M&A market as it seeks to diversify its activities and grow its exposure to the zero-carbon power sector."

• News Release

  Global battery electric vehicle sales to surge in 2020s

  • 10 2月 2020

  The second half of the 2010s saw the rebirth of the battery electric vehicle (BEV).

• News Release

  Brazil’s consumers ‘pay price’ for power costs problems

  • 12 2月 2020

  New research from global natural resources consultancy Wood Mackenzie indicates the fuel pricing mechanism used by Brazil’s Energy Planning Agency (EPE) in the country’s power auctions does not align with the New Gas Market programme – and Brazilian electricity consumers may pay the price for this.

• Comment

  Rio Tinto will spend $1bn to reach net zero emissions by 2050

  • 26 2月 2020

  Rio Tinto has announced it will spend $1bn to reach net zero emissions by 2050

• News Release

  OPEC+ ‘no deal’ a blow to the market

  • 06 3月 2020

  The OPEC+ meeting broke up without a deal, what does it mean for the markets?