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.

ArcelorMittal to take green steel honours with Sestao plan

• 13 7月 2021

European steelmaker ArcelorMittal today announced plans to become the world’s first steelmaker to produce fossil-free steel using virgin iron. ArcelorMittal, the world’s second largest steelmaker and Europe’s largest producer, plans to produce fossil-free steel via a process known as H-DRI-EAF.

What would an EU carbon border adjustment mechanism mean?

• 14 7月 2021

The EU Commission proposed a carbon border adjustment mechanism (CBAM) as part of today’s “Fit for 55” package. James Whiteside, global head of multi-commodity research at Wood Mackenzie, said: “As the first mechanism of its kind, the CBAM is being designed in consultation with industry to avoid unintended consequences. “A CBAM that does not cover a substantial portion of the production chain will encourage carbon leakage - pushing emissions beyond the borders of the EU or shifting competition between EU and non-EU producers to the next stage of the value chain.”

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.

Slower H2 demand across most commodities in China

• 28 7月 2021

Demand across most commodities in China is expected to slow down in the second half of 2021, according to Wood Mackenzie’s new monthly China Economic Focus report.

China’s CATL launches sodium-ion battery

• 29 7月 2021

China’s CATL unveiled its newly-developed sodium-ion battery at a launch event today.

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.

Japan’s new 2030 energy mix unveils radical plans to transform the energy system

• 27 7月 2021

Last week, Japan’s Ministry of Economy, Trade and Industry (METI) released a draft of its upcoming 6th Strategic Energy Plan which included major changes to the FY2030 power generation mix targets.

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.

Bumpy road ahead as SEA navigates energy transition but opportunities aplenty

• 04 8月 2021

Wood Mackenzie is organising the 2021 Southeast Asia Energy Forum today. Experts will be discussing key issues and opportunities facing the region’s energy industry over the coming decades.

Oil Search and Santos on a revised merger proposal

• 02 8月 2021

Oil Search and Santos have reached agreement on the merger ratio under the proposed merger.

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.

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.

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.

Webinar| An accelerated energy transition: scenario analysis for a 1.5 degree pathway

• 17 2月 2021

A 1.5-degrees pathway requires the world to peak carbon emissions immediately and reach net zero by 2050. With the US re-joining the Paris agreement, the probability to achieve these goals has improved. But let’s not undermine the challenge because the energy sector alone cannot deliver it.

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.

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.

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.

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.

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.

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.

Webinar | Plastic Waste Makers Index - revealing the source of the single-use plastics crisis

• 03 6月 2021

Join us for a conversation with Nakul Saran (COO) and Dominic Charles (Director of Finance and Transparency) from the No Plastic Waste project set up by the Minderoo Foundation, who recently released their new Plastic Waste Makers Index. In this session Minderoo will walk through their report and its key findings and what they would like to see happen next. They will be joined by Wood Mackenzie’s experts who will set out the challenges facing the industry, and what these might mean for the future of the plastics value chain, before opening the floor to questions from the audience.

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.

China’s blue skies need green clouds

• 04 3月 2021

Chinese Big Tech is now working towards greener clouds, but it is China’s push for blue skies that is making this happen.

Webinar | North American LNG summer outlook 2021

• 25 3月 2021

Join us on Thursday, March 25 to hear our North American LNG summer outlook.

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.

U.S. solar industry sets records in 2020, on track to quadruple by 2030

• 16 3月 2021

The U.S. solar industry grew 43% and installed a record 19.2 gigawatts (GWdc) of capacity in 2020, according to the ‘U.S. Solar Market Insight 2020 Year-in-Review’ report, released today by Wood Mackenzie and the Solar Energy Industries Association (SEIA).

Texas deep freeze: lingering impacts on US petrochemical industry

• 19 3月 2021

Last month’s winter storm paralysed the US petrochemical industry. Operations at US Gulf Coast petrochemical facilities have yet to fully recover one month after freezing temperatures triggered wide-spread power outages and plant shutdowns.

Chinese NEV and HEV sales to rise over 15-fold by 2035

• 23 3月 2021

Sales of China’s new energy vehicles (NEV) and hybrid electric vehicles (HEV) combined are expected to rise 15-fold or more by 2035 with their share in total new car sales exceeding 80%, says Wood Mackenzie.

Metals & Mining Briefing | The Next Mining Supercycle: Short-term Speculation or a Structural Shift?

• 21 4月 2021