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).

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.

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.

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.

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.

Webinar | Europe’s power market transition

• 24 6月 2025

Join Wood Mackenzie as as our experts share their insight into the evolving dynamics of markets, the outlook for wholesale, capacity market, ancillary and fair value PPA prices in major European markets, and batteries' role in unlocking the renewable transition.

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.

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.

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.

Trading cases: tariff scenarios for taxing times

• 21 5月 2025

In this edition of Horizons, we explore how the Trump administration's 'Liberation Day' tariffs marked a pivotal moment in global trade, potentially reversing the effects of China's 2001 WTO entry and accelerating deglobalization trends.

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.

Energy Transition, EV & Lithium l Singapore

• 10 7月 2025

ExxonMobil crowned most-admired upstream explorer in Wood Mackenzie 21st annual exploration summit survey

• 12 6月 2025

ExxonMobil, one of the largest publicly traded international energy and petrochemical companies has clinched the top spot as the upstream industry's most-admired explorer in Wood Mackenzie's annual Exploration Survey for 2025.

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.

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.

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.

Metals and Mining Briefing Tokyo

• 30 7月 2025

Understand the disruptions. Strengthen your strategy. Shape what’s next.

US adds 8.6 GW of new solar module manufacturing capacity, one of the strongest quarters of growth in its history

• 09 6月 2025

House-passed federal tax legislation threatens to undercut the solar industry, which is the primary source of new US electricity generation and is delivering a historic boom in domestic manufacturing.

Asian Oil and Refining Markets Briefing 2025

• 10 9月 2025

Join us as our experts share insights and discuss crucial themes that will bring clarity to Asian oil and refining markets within a global context.

Norway to earn over US$200 billion from oil and gas sector in 2023

• 16 1月 2023

Norway’s oil and gas operations in the North Sea will continue to churn out cash as the Scandinavian country maintains high production to help support Europe’s energy crisis according to a report by Wood Mackenzie.

Q3 U.S. grid-scale energy storage market sets new record

• 15 12月 2022

The U.S. energy storage market grid-scale segment installed a record 4,733 megawatt-hours (MWh) in the third quarter of 2022, surpassing the previous quarterly high of 4,598 MWh in Q1 of 2021, according to a new report released today. On a single charge, this amount of battery storage could power over 150,000 U.S. homes for a day.

Long-duration energy storage projects attract more than US $58 billion investment over last three years

• 07 12月 2022

Long-duration storage energy (LDES) projects around the world have attracted more than US $58 billion in commitments made by governments and companies since 2019. If all these projects went forward, it would lead to the installation of 57 gigawatts (GW) of LDES – the equivalent of three times the global energy-storage capacity deployed in 2022, according to analysis from Wood Mackenzie.

Trade and supply chain barriers delay impact of historic clean energy law

• 13 12月 2022

The U.S. added 4.6 gigawatts (GW) of new solar capacity in Q3 2022, a 17% decrease from the same quarter last year as trade barriers and ongoing supply chain constraints continue to slow America’s clean energy progress. These disruptions will cause a 23% decline in solar installations this year compared to 2021, according to the U.S. Solar Market Insight Q4 2022 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business.

OPEC+ prepares for market uncertainty with continued 2 million b/d production cut

• 06 12月 2022

Speaking after today’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said “The decision by OPEP+ to continue with its recently agreed 2 million barrels per day (b/d) production cut through the end of 2023 is not a surprise, given the uncertainty in the market over the impact of the 5 December EU Russia crude oil import ban and the G7 price cap. In addition, the producers group faces downside risk from the potential for weakening global economic growth and China’s zero Covid policy.”

New mid-caps in Brazil aim to increase mature asset reserves almost 1 billion boe by 2035

• 06 12月 2022

With Petrobras divesting in many of its mature assets, new mid-cap upstream operators entering the Brazilian market will invest US$10 billion in capital investments during the next decade, boosting the production from these assets through 2027 and increasing remaining reserves by 980 million barrels of oil equivalent (mmboe) by 2035, according to a report from Wood Mackenzie, a Verisk business.

Wood Mackenzie launches Lens Gas & LNG

• 15 11月 2022

Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector, has launched Lens Gas & LNG, a new data analytics solution that offers a uniquely integrated view that connects markets and assets on a global scale.

LNG exports drive expansion of North American natural gas market, adding 29 bcfd of production by 2033

• 17 11月 2022

Driven by a surge in LNG exports, the North America natural gas market will support 29 billion cubic feet per day (bcfd) of production from 2022-2033, tripling its current market size, according to a new report from Wood Mackenzie.

Wood Mackenzie at Canada West Foundation 2023

• 14 2月 2023

Join us as we share our views around Canadian LNG exports and future opportunities to support Japan and Korea’s energy needs.

Horizons Live: Boom time

• 06 2月 2023

On this month’s Horizons Live, we discuss what the Inflation Reduction Act means for US renewables manufacturers.

Wood Mackenzie Launches the Electric Vehicles and Battery Supply Chain Service at Mining Indaba 2023

• 06 2月 2023

Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector, today launched the Electric Vehicles and Battery Supply Chain Service (EVBSC) at the Mining Indaba 2023 conference in Cape Town, South Africa. The EVBSC is a new product that provides end-to-end detailed analysis and forecasts of the electric transportation value chain including quarterly long-term outlooks to 2050 and 10-year forecasts, and monthly short-term reports and data for EV, Li-ion battery and raw materials (lithium, nickel, cobalt, graphite and manganese) markets.