• News Release

  US energy storage market shatters records in Q3 2020

  • 02 12月 2020

  According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest 'US Energy Storage Monitor' report, 476 megawatts (MW) of storage were deployed in Q3 2020. This is an increase of 240% over the previous high, set last quarter. 

• News Release

  Top 3 turbine OEMs to capture 60% of global market by 2029

  • 03 12月 2020

  The top three wind turbine players - Vestas, SGRE and GE - will increase their combined global market share from 43% in 2019 to 60% by 2029, according to new research from Wood Mackenzie.

• News Release

  Renewables in most of Asia Pacific to be cheaper than coal power by 2030

  • 26 11月 2020

  Wood Mackenzie’s latest report shows most markets in Asia Pacific can expect to see cheaper levelised cost of electricity (LCOE) for renewables compared to coal by 2030.

• News Release

  Solar market forges ahead in Q3 as residential installations recover and utility-scale pipeline grows

  • 15 12月 2020

  According to the U.S. Solar Market Insight Q4 2020 report, released today by Wood Mackenzie and the Solar Energy Industries Association (SEIA), solar accounts for 43% of all new electric generating capacity additions through Q3 2020, more than any other electricity source. The report projects a record 19 GW of new solar capacity installations in 2020, representing 43% year-over-year growth from 2019.

• News Release

  2-degree pathway could cut upstream gas investments by 65%

  • 12 11月 2020

  A world on a 2-degree pathway could significantly reduce upstream gas investments by 65% through to 2040, says Wood Mackenzie.

• News Release

  Europe losing global energy storage battle as US and China race ahead

  • 09 11月 2020

  Europe is set to lose the global energy storage race unless government auctions begin to incentivise flexible power, according to research from Wood Mackenzie.

• News Release

  Five consequences of a Biden administration for US energy

  • 07 11月 2020

  Joe Biden offered American voters a radically different vision of energy policy from President Donald Trump, focused on addressing the threat of climate change. He will enter the White House with a goal of setting the US on course for net zero greenhouse gas emissions by 2050 and will take the US back into the Paris climate agreement.

• News Release

  Asia Pacific upstream transactions plunge to lowest this century

  • 19 11月 2020

  Wood Mackenzie’s latest analysis shows 2020 is on track to be the quietest year for upstream transactions in the Asia Pacific region since the beginning of the 21st century.

• News Release

  Portfolio resilience and sustainability at the core of corporate concerns

  • 20 10月 2020

  Wood Mackenzie’s 2020 Energy and Commodities Summit Asia Pacific edition kickstarted yesterday. Experts shared their views on how the energy sector is changing in light of the oil price crash, Covid-19 and the latest carbon-neutrality trends.

• News Release

  LME Week 2020: $1 trillion needed for key energy transition metals by 2035

  • 21 10月 2020

  More than $1 trillion of investment will be needed in key energy transition metals - aluminium, cobalt, copper, nickel and lithium - over the next 15 years just to meet the growing demands of decarbonisation, according to Wood Mackenzie. This is almost double the figure invested over the previous 15 years.

• News Release

  Energy transition to be key driver of Australia’s upstream M&A

  • 01 10月 2020

  The energy transition is expected to be a major driver of the future of Australia’s upstream M&A, says Wood Mackenzie.

• News Release

  Achieving 2-degree world remains Herculean task

  • 24 9月 2020

  Wood Mackenzie’s annual Energy Transition Outlook, released today, says the world must combine coronavirus recovery efforts with massive investments in renewable energy and clean infrastructure if it is to limit global warming to 2 degrees or lower.

• News Release

  UK can lead world in net zero energy technologies – but investment is critical

  • 16 9月 2020

  Wood Mackenzie today delivered a comprehensive roadmap for the North Sea’s future to the OGTC, setting out the critical technologies needed to deliver an integrated net zero energy system on the UK Continental Shelf (UKCS), positioning the UK as a world-leader in the move to a low carbon world.

• News Release

  Utilities drive Q2 growth in US as pandemic causes drop in rooftop solar installations

  • 10 9月 2020

  The US solar market installed 3.5 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q2 2020, a drop of 6% from Q1 installations. At the same time, utility-scale solar remained resilient despite the Covid-19 pandemic, representing 71% of all new solar capacity brought online in Q2.

• News Release

  Southeast Asia’s wind power needs US$14 billion new investments by 2030

  • 22 9月 2020

  Southeast Asia’s wind power sector requires at least US$14 billion of investments by 2030, says Wood Mackenzie. This is to support the 8.9 gigawatts (GW) of new wind power capacity that Wood Mackenzie expects to be added between 2020 and 2029.

• News Release

  Indonesia’s straddle between gross split and cost recovery is positive step forward

  • 17 9月 2020

  Introducing a choice between gross split and cost recovery for new licences is a positive step forward for Indonesia's upstream sector, says Wood Mackenzie.

• News Release

  Green hydrogen cost to halve by 2030 - a boost to South Korea’s hydrogen ambitions

  • 20 8月 2020

  Onsite green hydrogen production cost is expected to halve by 2030, signalling a boost to South Korea’s hydrogen ambitions, says Wood Mackenzie.

• News Release

  Japan to exceed 2030 renewables target supported by US$100 billion investments

  • 19 8月 2020

  Over US$100 billion of investment in wind and solar power plants are expected to push the renewables share to 27% of Japan’s generation mix by 2030, exceeding the country’s target, says Wood Mackenzie.

• News Release

  Biden loss would end hopes of US decarbonisation before 2050

  • 01 9月 2020

  The outcome of the 2020 US presidential election will dictate the pace of decarbonisation for decades, according to new research from Wood Mackenzie.

• News Release

  What could a Biden win mean for electric vehicle adoption in the US?

  • 08 9月 2020

  The Biden campaign has previously underlined the important role electric vehicles (EV) will play in reducing greenhouse gas emissions in the US. To encourage EV adoption, the campaign has three key targets: deploying 500,000 new public EV charging outlets, restoring the full EV tax credit, and developing a new fuel economy target.

• News Release

  China to add 251GW of new wind capacity by 2029

  • 03 8月 2020

  China is expected to add 251 gigawatts (GW) of new wind capacity between 2020 and 2029, says Wood Mackenzie. The country’s wind power market could reach a cumulative grid connected capacity of 461GW by the end of the decade.

• News Release

  Asia Pacific’s oil demand to fall in 2020 but could rise 25% by 2040

  • 28 7月 2020

  According to a new report by Wood Mackenzie, oil products demand in Asia Pacific is expected to fall by 1.8 million barrels per day (b/d) year-on-year in 2020.

• News Release

  Global lithium-ion cell manufacturing capacity to quadruple to 1.3 TWh by 2030

  • 11 8月 2020

  Wood Mackenzie’s latest report shows that global lithium-ion cell manufacturing capacity pipeline could rise fourfold to reach 1.3 terawatt-hour (TWh) in 2030 compared to 2019.

• News Release

  US electric truck sales set to increase exponentially by 2025

  • 10 8月 2020

  There were just over 2,000 electric trucks on US roads at the end of 2019. This stock is expected to grow to over 54,000 by 2025, according to new analysis from Wood Mackenzie.

• News Release

  General Motors to hit 5 million electric vehicle sales by 2030

  • 14 7月 2020

  General Motors (GM) has set an annual target for 1 million electric vehicle (EV) sales globally by the mid-2020s. Although the company will only meet half of that target by 2026, it is expected to hit 5 million in cumulative EV sales by 2030 according to new research from Wood Mackenzie.

• News Release

  Over $13 billion of wind turbine capacity ordered in Q1 2020

  • 08 7月 2020

  The first quarter of 2020 saw nearly 14 GW of wind turbine capacity ordered globally. This is the second-highest first quarter on record and equates to an estimated $13.4 billion, according to new analysis from Wood Mackenzie.

• News Release

  Sunrun-Vivint Solar deal represents largest consolidation in residential solar history

  • 07 7月 2020

  Sunrun has agreed to acquire Vivint Solar in an all-stock transaction. The deal is valued at $3.2 billion including debt.

• News Release

  What does the pathway to a net-zero economy look like for miners?

  • 06 7月 2020

  Global emissions must reach net-zero by the second half of the century to keep global temperature rises below 2°C. Emissions from metals production will need to halve over the next 20 years in order to hit this target, according to Wood Mackenzie.

• News Release

  Subsidy cuts could slash Chinese wind turbine OEMs’ margins by half

  • 18 6月 2020

  China’s wind turbine original equipment manufacturers (OEMs) could have their gross profit margins halved due to subsidy cuts, says Wood Mackenzie.

• News Release

  US solar PV system costs falling faster than anticipated

  • 24 6月 2020

  Solar PV system costs in the US are falling faster than anticipated across all market segments, primarily driven by module price reduction, according to new research from Wood Mackenzie.