• News Release

  Total named industry’s most-admired explorer in WoodMac survey

  • 06 7月 2020

  French major Total has been named the upstream industry’s most-admired explorer, an accolade awarded in conjunction with Wood Mackenzie’s industry-leading annual Exploration Survey.

• Comment

  'Perfect storm' scuttles Atlantic Coast Pipeline

  • 06 7月 2020

  With the cancellation of the Atlantic Coast Pipeline (ACP) on 5 July, the project becomes the northeast US’ infrastructure market’s third high-profile victim in the last six months. Dominion and Duke Energy’s decision to pull the plug on ACP comes after the cancellation of the Constitution Pipeline in February and state water permit denial effectively scuppering the Northeast Supply Enhancement project in May.

• News Release

  China’s PTA producers look to futures to weather market volatility

  • 16 7月 2020

  China’s purified terephthalic acid (PTA) producers have been using the futures market to price PTA in the spot market, hedge against risks and manage inventory. This has allowed many to stay profitable, despite market uncertainty and disruption brought by the coronavirus pandemic, says Wood Mackenzie.

• News Release

  Record number of microgrids installed in US last year

  • 22 7月 2020

  546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie.

• News Release

  Renewable energy could reduce Asia Pacific LNG plant emissions by 8%

  • 17 8月 2020

  Using renewable energy to power liquefied natural gas (LNG) plants in Asia Pacific could reduce emissions by about 8%, says Wood Mackenzie.

• News Release

  LFP to overtake NMC as dominant stationary storage chemistry by 2030

  • 17 8月 2020

  Lithium-iron-phosphate (LFP) is poised to overtake lithium-manganese-cobalt-oxide (NMC) as the dominant stationary storage chemistry within the decade, growing from 10% of the market in 2015 to more than 30% in 2030, according to new analysis from Wood Mackenzie.

• News Release

  ‘The materials transition’ could divert 382 million tonnes of plastic waste by 2040

  • 18 8月 2020

  The plastics industry requires a paradigm shift towards an absolute decoupling of materials consumption from growth of the economy if it is to achieve sustainability targets, according to new research from Wood Mackenzie.

• News Release

  323 million electric vehicles will be on the roads by 2040

  • 19 8月 2020

  Electric vehicle (EV) sales are expected to reach 45 million units per year by 2040, with a total global EV stock of 323 million, according to new research from Wood Mackenzie.

• Comment

  Turkey nets largest-ever find with Tuna-1 gas discovery

  • 21 8月 2020

  A gas discovery of the scale of the Tuna-1 find in the Black Sea, if developed, would be transformational for Turkey, given its overwhelming reliance on imports and crippling energy import bill. Turkey is chiefly reliant on piped gas from Russia, Azerbaijan and Iran but the share of liquefied natural gas imports has also continued to grow.

• News Release

  Green hydrogen costs to fall by up to 64% by 2040

  • 25 8月 2020

  Green hydrogen costs will fall by up to 64% by 2040, according to new research from Wood Mackenzie.

• News Release

  Global regas capacity under construction hits 10-year high at 144 mmtpa

  • 02 9月 2020

  Global regasification (regas) capacity under construction is expected to hit a 10-year high at 144 million tonnes per annum (mmtpa) in 2020, says Wood Mackenzie.

• News Release

  US energy storage market sets Q2 record for deployments

  • 03 9月 2020

  According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest 'US Energy Storage Monitor' report, 168 MW were deployed in Q2 2020. This is an increase of 72% quarter-over-quarter, 117% year-over-year and is the second-highest quarterly total ever seen, falling just behind Q4 2019 (186.4 MW).

• News Release

  Up to 7 mmtpa of spare capacity available at North West Shelf by 2027

  • 07 9月 2020

  Wood Mackenzie’s latest report shows that the North West Shelf (NWS) LNG project could have up to 7 million tonnes per annum (mmpta) of spare capacity available by 2027. This equates to 40% of the project’s nominal capacity.

• News Release

  Asia Pacific power generation could attract US$1.5 trillion investments this decade

  • 08 9月 2020

  Wood Mackenzie’s latest report shows that the power generation sector in Asia Pacific could attract US$1.5 trillion worth of investments over the decade ending 2030.

• News Release

  China’s gas power plants bleed under pressure from lower tariffs and trade war

  • 15 9月 2020

  China’s gas power plants are struggling to stay afloat as they face mounting pressure from lower tariffs and the ongoing trade war, says Wood Mackenzie.

• News Release

  India to overtake China as world’s largest LPG residential market by 2030

  • 06 10月 2020

  India is expected to overtake China as the world’s largest liquefied petroleum gas (LPG) residential sector market by 2030.

• News Release

  China’s carbon neutrality bill could hit over US$5 trillion

  • 08 10月 2020

  Wood Mackenzie’s latest analysis shows over US$5 trillion of investments would be needed for China to reach its pathway for carbon-neutrality by 2060.

• News Release

  Over $16 billion of wind turbine capacity ordered in Q2 2020

  • 14 10月 2020

  The second quarter of 2020 saw more than 17 GW of wind turbine capacity ordered globally. This equates to an estimated $16 billion, according to new analysis from Wood Mackenzie.

• News Release

  PV module innovations to help drive down solar costs in coming decade

  • 19 10月 2020

  The global solar industry has experienced tremendous growth in the past decade as the annual demand for solar rose year after year while the cost of solar declined significantly. In the 2020s, solar module costs will continue to fall, albeit at a much slower rate. Instead, improvement in module efficiency and power class will propel the declining capex trend forward and ultimately lower the solar levelised cost of energy (LCOE), new research from Wood Mackenzie found.

• News Release

  Significant government intervention necessary if bioplastics are to scale

  • 19 10月 2020

  In order to achieve the scale needed to play a meaningful role, the bioplastics industry will require significant regulatory interventions from governments and substantial cost efficiencies as technologies mature and scale, according to Wood Mackenzie.

• News Release

  ConocoPhillips swoops on Concho in $9.7bn all-stock deal

  • 19 10月 2020

  Speaking after ConocoPhillips announced it will take over Concho Resources in a $9.7 billion all-stock deal, Robert Clarke, vice president, Lower 48 upstream, at Wood Mackenzie, said: “The combination is remarkable. Just in scale, ConocoPhillips is adding enough Permian production to nip at the heels of ExxonMobil’s massive programme."

• News Release

  Global solar PV installations to hit 115 GWdc in 2020

  • 27 10月 2020

  As global solar PV markets continue to weather the challenges posed by the coronavirus pandemic, solar PV installations are expected to hit 115 GWdc this year, according to Wood Mackenzie’s latest quarterly market outlook. This is up 5% from the total installed globally in 2019.

• Comment

  South Korea announces carbon neutrality pledge

  • 29 10月 2020

  South Korea becomes the latest Asian economy to announce its net-zero carbon emissions pledge.

• News Release

  Four signposts for the chemicals industry under a Biden administration

  • 16 11月 2020

  The Democrats are expected to retain control of the US House of Representatives, but the Senate will be determined by upcoming run-offs in the state of Georgia. While the chemicals sector is expected to see few direct impacts, there are several themes that should be watched closely.

• News Release

  Consolidation to become major theme in E&P’s transition

  • 17 11月 2020

  Consolidation among the Independents will accelerate in the face of energy transition, says Wood Mackenzie.

• News Release

  The UK's 10-point climate action plan - what does it mean for energy?

  • 18 11月 2020

  Prime Minister Boris Johnson has announced the UK's new 10-point climate action plan.

• News Release

  Chemical recycling boost could see global plastic packaging recycling hit 50% by 2040

  • 18 11月 2020

  If the plastics value chain is to become more sustainable, the industry must focus on reducing the amount of mismanaged waste and recapturing as much of its value as possible. To do this, more investment must be allocated to chemical recycling technologies, according to Wood Mackenzie.

• News Release

  Scrap metals to remain underutilised despite availability and rising demand

  • 26 11月 2020

  Scrap metals demand growth is expected to outpace primary metals over the next two decades. However, it will remain underutilised compared to its overall availability, says Wood Mackenzie.

• Comment

  OPEC+ agrees to increase output after tense negotiations

  • 07 12月 2020

  Tense negotiations and rumours of a rift between Saudi Arabia and UAE ended with a compromise deal for OPEC+ on 3 December 2020. Despite concerns on oversupply for Q1 2021, the group agreed to increase output by 500,000 b/d in January. Production restraint is set at minus 7.2 million b/d instead of the Q4 2020 level of minus 7.7 million b/d.

• News Release

  Over three quarters of new LNG supply could be impacted in 2-degree world

  • 09 12月 2020

  Wood Mackenzie’s latest report shows that over three quarters or 77% of new LNG supply are at risk under a 2-degree scenario.