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

18 June 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

Coronavirus restrictions set to hit US utility-scale solar projects

01 April 2020

The coronavirus pandemic is likely to have a material impact on utility-scale solar installations in the US this year, and perhaps even into 2021. In its Coronavirus: US Solar PV Supply Chain and Utility-Scale Market Risk report, Wood Mackenzie says that, in a best-case scenario, the market could see up to four weeks of supply delays affecting a few hundred MWs of modules and inverters. This, combined with construction disruptions, could translate into as much as 2 GWdc of project development delays in 2020.

News Release

Brazil’s consumers ‘pay price’ for power costs problems

12 February 2020

New research from global natural resources consultancy Wood Mackenzie indicates the fuel pricing mechanism used by Brazil’s Energy Planning Agency (EPE) in the country’s power auctions does not align with the New Gas Market programme – and Brazilian electricity consumers may pay the price for this.

News Release

Can offshore wind sustain double-digit growth?

06 February 2020

According to Wood Mackenzie figures, offshore wind will constitute 25% of total wind demand in 2028 - up from 10% in 2019 - and will narrow the gap with offshore upstream oil and gas in terms of capital expenditure deployment.

News Release

Global onshore wind industry to reach maturity in 2020s

05 February 2020

Solar power has emerged as the biggest threat to onshore wind's dominance in the decarbonisation battle. However, the tools available to the wind sector to combat this challenge are diminishing, according to Wood Mackenzie.

News Release

US residential energy storage surges

10 September 2019

A record 35 megawatts of residential storage was deployed in Q2 as a result of rising customer interest and support incentives in more state markets

News Release

Puerto Rico microgrid market to more than double by end of 2024

03 June 2019

New research from Wood Mackenzie forecasts the microgrid market in Puerto Rico will reach 228 megawatts (MW) by the end of 2024, more than double the microgrid generation capacity currently available on the island.

News Release

What would Australia's Labor win mean for the resources, energy and power sectors?

06 May 2019

Australia's general election is around the corner and Labor looks set for victory. Labor has announced its commitment to reduce Australia’s carbon emissions by 45% between 2005 and 2030, and to reach net-zero pollution by 2050. It has also proposed changes to existing mechanisms to lower energy and gas prices.

News Release

Global wind turbine order capacity increased 31% in 2018

27 March 2019

Global wind turbine order intake was up 20% in Q4 2018 YoY to nearly 18GW, surpassing 2016's record by 5.4GW, according to new research from Wood Mackenzie Power & Renewables.

News Release

South Korea could miss 2030 renewables target

27 March 2019

South Korea is unlikely to meet its 2030 renewables target, says Wood Mackenzie at a media briefing in Seoul today. According to the consultancy's analysis, renewables will account for about 17% of the country's power mix, a little shy of its original target.

News Release

Universal electricity access investment surpassed $500 million in 2018

04 March 2019

Total annual investment in the off-grid energy access sector surpassed $500 million in 2018, according to a new report from Wood Mackenzie Power & Renewables and Energy 4 Impact

News Release

Alternate battery technology vendor ecosystem growing rapidly

16 August 2018

Wood Mackenzie Power & Renewables expects new flavours of NMC chemistry, including 532 (5 parts nickel, 3 parts manganese, and 2 parts cobalt) and 622 (6 parts nickel, 2 parts manganese, and 2 parts cobalt) to start gaining market share by 2019.

News Release

East Coast gas prices could rise 30 percent in five years

25 May 2018

In a recent study, Wood Mackenzie forecasts Australia's East Coast gas prices to rise up to 30 percent to between A$10 and A$13 /per gigajoule by the mid 2020s.

News Release

US community solar sector market forecast to grow 7 GWdc by 2027

02 August 2022

The US community solar market will continue to grow over the next five years, with at least 7 gigawatts direct current (GWdc) of community solar expected to come online in existing markets between 2022-2027.

News Release

Industry leaders to speak at Wood Mackenzie’s Grid Edge Innovation Summit 2022

10 November 2022

Join executives from Shell Recharge Solutions, Exelon, BMW, and General Motors, as event looks at current trends, challenges and drivers shaping the grid edge

News Release

Public EV charging market in North America on track for rapid growth

22 March 2023

As electric vehicle (EV) adoption continues to rise, the market for public charging networks in North America is forecast to grow rapidly by 2050, according to Wood Mackenzie’s latest ‘Commercial landscape of EV charging networks in North America’ report.

News Release

Industry leaders to speak at Wood Mackenzie’s Solar & Energy Storage Summit 2023

09 May 2023

The solar and energy storage industries in North America continue to be catapulted forward by the Inflation Reduction Act (IRA) and the transition to a clean energy future.

News Release

US solar market registers best first quarter in industry history as supply chains stabilize and Inflation Reduction Act takes hold

08 June 2023

The US solar industry installed 6.1 gigawatts (GW) of solar capacity and had its best first quarter in history, according to the US Solar Market Insight Q2 2023 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

News Release

Cumulative US community solar capacity expected to break 6 GW in 2023, despite interconnection and siting headwinds

08 August 2023

US community solar installations declined by 6% year-over-year in 2022 and 13% in Q1 of 2023. This was primarily driven by the supply chain uncertainty of the past year as well as interconnection and siting issues hindering growth in key state markets such as Massachusetts and Maine, according to the latest report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA).

News Release

Industry leaders to speak at Wood Mackenzie’s Hydrogen Conference

31 August 2023

Join Wood Mackenzie’s expert analysts and industry leaders to understand the key drivers and challenges of deploying low-carbon hydrogen at the Hydrogen Conference at the Hilton London Tower Bridge on 20 September 2023.

News Release

US renewables annual capacity additions to nearly triple in 10 years

15 September 2023

Speaking at the RE+ conference in Las Vegas, Chris Seiple, vice chairman, power and renewables for Wood Mackenzie said that with the Inflation Reduction Act (IRA) driving the economic competitiveness of renewables, annual capacity additions will nearly triple in 10 years to 110 gigawatts (GW).

News Release

7 Btpa of carbon capture needed to meet net zero by 2050

16 October 2023

Speaking at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference in Houston, Mhairidh Evans, head of CCUS research for Wood Mackenzie, said that urgency is needed to meet the seven billion tonnes carbon capture (Btpa) required to meet net zero goals in 2050.

News Release

Solar adds more new capacity to the grid in 2024 than any energy technology in the past two decades

11 March 2025

The United States installed a record-breaking 50 gigawatts (GW) of new solar capacity in 2024, the largest single year of new capacity added to the grid by any energy technology in over two decades. According to the U.S. Solar Market Insight 2024 Year in Review report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, solar and storage account for 84% of all new electric generating capacity added to the grid last year.

News Release

Wood Mackenzie launches Lens Power & Renewables

04 March 2025

Wood Mackenzie, the global insight business for renewables, energy, and natural resources, has launched Lens Power & Renewables, a new suite of products with interconnected data, analytics, and insights to navigate the energy transition.

News Release

US energy storage market sets Q1 capacity installation record

18 June 2024

The U.S. energy storage market set a first-quarter record for capacity installed in Q1 2024, with 1,265 megawatts (MW) deployed across all segments. This marks the highest storage capacity ever installed in a first quarter in the U.S., representing an 84% increase from Q1 2023.

News Release

Wood Mackenzie and Let’s Share the Sun donate solar PV and energy storage system to women’s shelter in Puerto Rico

08 March 2024

On International Women’s Day, Wood Mackenzie, in partnership Let’s Share the Sun and other third parties, dedicated 51 solar panels and battery storage to a shelter for victims of domestic violence in Puerto Rico. The fully installed 25 kW-DC system will provide a significant portion of the shelter’s power needs.

News Release

Government tenders to drive 102 GW of global renewable capacity in 2024

07 March 2024

More than 100 gigawatts (GW) of global renewable energy capacity is expected to be tendered in 2024. With more than 60 GW to be offshore wind, the overall volume is set to grow as the year progresses and will match 2023 levels.

News Release

Asia Pacific could become a global leader in the energy transition

21 February 2024

Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.

News Release

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

02 June 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

Robust growth drives North America RNG market to 604 mmcfd capacity in 2025

26 June 2025

The North America renewable natural gas (RNG) market has demonstrated robust growth, expanding 35% since 2023 and adding a record 139 million cubic feet per day (mmcfd) in 2024, according to a recent analysis from Wood Mackenzie.

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Search results: 368

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

Coronavirus restrictions set to hit US utility-scale solar projects

Brazil’s consumers ‘pay price’ for power costs problems

Can offshore wind sustain double-digit growth?

Global onshore wind industry to reach maturity in 2020s

US residential energy storage surges

Puerto Rico microgrid market to more than double by end of 2024

What would Australia's Labor win mean for the resources, energy and power sectors?

Global wind turbine order capacity increased 31% in 2018

South Korea could miss 2030 renewables target

Universal electricity access investment surpassed $500 million in 2018

Alternate battery technology vendor ecosystem growing rapidly

East Coast gas prices could rise 30 percent in five years

US community solar sector market forecast to grow 7 GWdc by 2027

Industry leaders to speak at Wood Mackenzie’s Grid Edge Innovation Summit 2022

Public EV charging market in North America on track for rapid growth

Industry leaders to speak at Wood Mackenzie’s Solar & Energy Storage Summit 2023

US solar market registers best first quarter in industry history as supply chains stabilize and Inflation Reduction Act takes hold

Cumulative US community solar capacity expected to break 6 GW in 2023, despite interconnection and siting headwinds

Industry leaders to speak at Wood Mackenzie’s Hydrogen Conference

US renewables annual capacity additions to nearly triple in 10 years

7 Btpa of carbon capture needed to meet net zero by 2050

Solar adds more new capacity to the grid in 2024 than any energy technology in the past two decades

Wood Mackenzie launches Lens Power & Renewables

US energy storage market sets Q1 capacity installation record

Wood Mackenzie and Let’s Share the Sun donate solar PV and energy storage system to women’s shelter in Puerto Rico

Government tenders to drive 102 GW of global renewable capacity in 2024

Asia Pacific could become a global leader in the energy transition

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

Robust growth drives North America RNG market to 604 mmcfd capacity in 2025