• News Release

  UK accelerates plan to cut carbon emissions

  • 20 4月 2021

  Today's announcement outlining the UK's plan to set a legally binding 78% greenhouse gas emissions reduction target (on 1990 levels) through its Sixth Carbon Budget is another significant milestone on the road to its goal of net-zero emissions by 2050.

• News Release

  Will higher oil prices spell trouble for upstream discipline?

  • 19 4月 2021

  In its rebound from the 2020 downturn, Brent flirted with US$70 per barrel. Higher prices in 2021 mean higher cash flow for producers, perhaps even record-setting highs. Have the good times returned? Global natural resources consultancy Wood Mackenzie believes operators need to be cautious.

• News Release

  Carbon neutrality goal forces Chinese aluminium smelters away from captive coal power

  • 19 4月 2021

  China’s march towards carbon neutrality is forcing its aluminium smelters away from using captive coal-fired power, says Wood Mackenzie.

• News Release

  OPEC+ maintains production plan

  • 27 4月 2021

  OPEC+ is, as expected, holding firm to its decision to increase supply, gradually and carefully, over the coming months.

• News Release

  Packaging redesign could reduce global plastic demand by 20% by 2050

  • 10 6月 2021

  Plastic packaging redesign, which includes elimination, substitution and reuse approaches, could reduce global plastic packaging demand in 2050 from 190MT to 150MT, according to a new analysis from Wood Mackenzie’s Cross-Polymer Demand Model.

• News Release

  Australia’s low-carbon hydrogen trade could be worth up to US$90 billion in 2050

  • 17 6月 2021

  Low-carbon hydrogen could become a US$50 billion to US$90 billion export industry for Australia in 2050, says Wood Mackenzie.

• News Release

  Producing green LNG is key for Australia to remain competitive

  • 17 6月 2021

  Australian producers need to be at the forefront of green LNG to remain competitive, says Wood Mackenzie.

• News Release

  Wood Mackenzie expands energy transition expertise with acquisition of Roskill

  • 18 6月 2021

  Wood Mackenzie is pleased to announce its acquisition of Roskill, a privately-owned company and leader in metals and materials supply chain intelligence.

• News Release

  Asia Pacific renewables generation investments could hit US$1.3 trillion by 2030

  • 22 6月 2021

  Asia Pacific renewables (wind and solar) generation investments could double to US$1.3 trillion over the current decade to 2030 compared to the previous decade (2011 – 2020), says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

• News Release

  Wood Mackenzie launches first-of-its-kind refinery intelligence tool

  • 21 6月 2021

  Wood Mackenzie is now offering Refinery I/O, a new tool providing daily refinery analytics from proprietary data sets.

• News Release

  Next commodities supercycle will be driven by global energy transition

  • 15 7月 2021

  Another commodities supercycle is on the horizon, but it will be different from any that have come before. Fossil fuels won’t be in the vanguard and the winners will be the industrial metals needed to electrify society - cobalt, lithium, copper, nickel, and aluminium.

• News Release

  New global wind power life cycle emissions to reach 55 Mt CO2 from 2020-2050

  • 08 7月 2021

  According to Wood Mackenzie, a Verisk business (Nasdaq:VRSK), global wind power life cycle emissions will reach 55 million tonnes of carbon dioxide equivalent (Mt CO2) from 2020 to 2050, a result of wind power capacity expanding five-fold to 3.7 terawatts from 2020 to 2050. This is roughly equivalent to four times the US’s total power capacity in 2020.

• 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.

• 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.

• 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.

• 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.

• 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.

• 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.

• 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.

• 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.

• 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

  OPEC+ deal balances consumer pressure with need for stable prices

  • 23 6月 2018

  The OPEC+ meeting, held in Vienna on 23 June 2018, confirmed Saudi Arabia and Russia’s high-level commitment to co-operate to manage the oil market.

• News Release

  Natural gas demand to outpace oil and coal in Southeast Asia as region targets 30% share by 2050

  • 05 5月 2025

  Natural gas is set to become a cornerstone of Southeast Asia’s energy future, projected to account for up to 30% of the region’s primary energy mix by 2050 according to Wood Mackenzie. With demand expected to outpace both oil and coal, countries like Malaysia, Thailand, the Philippines, and Vietnam are leading a shift toward gas to support economic growth, energy security, and the transition away from more carbon-intensive fuels.

• News Release

  Tariffs to increase costs and slow down development for US power industry

  • 02 6月 2025

  Recent tariff policies in the US are set to increase the cost of power generation technologies, with energy storage seeing the biggest hike due to its dependence on Chinese imports, according to a recent report from Wood Mackenzie.

• News Release

  Russian refinery products will continue to flow in 2023 despite European price cap

  • 31 1月 2023

  The European Commission’s announcement that the EU is proposing a US$100 per barrel price cap on Russian oil products such as diesel, jet fuel and gasoline, and a US$45 per barrel cap on discounted products like fuel oil, would not severely impact Russian refiners according to Wood Mackenzie.