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Policymakers cash in, consumers pay out and asset owners look to balance risk with reward as offshore wind power market trends flip.
Before the solar industry can take advantage of the Inflation Reduction Act, it needs government guidance and supply chain relief.
A slowdown in the hydrogen project pipeline at the end of 2022 was counterbalanced by record electrolyser manufacturing announcements.
Reviewing the opportunities in the US energy transition for commercial and industrial energy customers.
As investment into zero carbon technology ramps up around the world, Colombia has a range of opportunities to diversify.
Based on Wood Mackenzie's in-house global renewables policy targets tracker, this insight analyses over 500 wind, solar and energy storage targets across nearly 60 global markets. The analysis presents the evolving landscape of global renewables targets and their impact on the energy transition. Wood Mackenzie anticipates an imminent wave of recalibrated targets and longer-term commitments that…
Dunkelflaute – the German term for prolonged spells of low wind and solar output – is no longer a niche concept in European power markets. Two high-impact events in late 2024 brought it to the forefront, exposing both the risks and opportunities that this report examines.
The Inflation Reduction Act delivers a significant demand boost for US solar – but proposed domestic content guidelines pose a challenge for renewable developers.
Global solar PV installations of nearly 270 GWdc are expected in 2023 – and the buildout will continue to accelerate.
Government funding and innovative business models are driving the electrification of the US drayage sector.
What has changed since the landmark US policy was passed and what does it mean for the energy transition?
Domestic manufacturing announcements have exploded, but developing solar projects are on pause pending clarity on various IRA provisions.
Businesses shouldn’t have to choose between reliable power and making decarbonization progress.
Last week in London, we hosted the Wood Mackenzie Hydrogen Conference 2023, which shone a light on the most pressing challenges and opportunities in the hydrogen space. From reconciling supply and demand to growing electrolyser efficiency, we recap some of our biggest learnings from the event
Next year, US residential solar will experience its first annual contraction since 2017
In 2024, Latin America's power and renewables sector is braced for substantial growth, spurred on by political shifts, regulatory changes and a strategic focus on transmission developments
Solar has a strong growth outlook, but many uncertainties lie ahead
The Middle East is faced with a significant challenge – building a new energy economy means accelerating nascent diversification efforts and pushing towards ambitious net zero goals.
The Review of Electricity Market Arrangements focuses on four key challenges in its second stage of consultation
Understanding the implications of the intermittency of renewable energy is essential for energy market participants
Hint: it's not the heat
November’s US elections will have major implications across the power and renewables industry
The global low-carbon hydrogen sector continues to hit new milestones, but only a fraction of announced capacity is being negotiated with offtakers, with the aim of advancing projects. Which developers are successfully attracting offtakers to secure project outcomes?
As the global energy landscape continues to evolve, the wind energy sector is experiencing unprecedented transformation. Drawing from data from Wood Mackenzie’s rich Wind Services offering, our experts explored the causes and impacts of this pivotal shift in a recent webinar.
As Europe pushes towards a decarbonised future, flexibility is becoming the cornerstone of sustainable power systems - but while batteries and other flexible assets will play a vital role, how can the power markets make room for them?
How will a Trump administration impact the US hydrogen outlook? Will we see more giga-scale projects take FID in 2025? Will the mismatch between project FIDs and offtake contracts persist? How much M&A can we expect across the ammonia value chain?
Record offshore wind tenders, surge in storage demand, a floating solar expansion, solar tariffs and more.
The scene is set for significant energy storage installation growth and technological advancements in 2025. Outlook and analysis of emerging markets, cost and supply chain risk, storage demand growth supported by large loads and more.
The big question for onshore wind: what to do with ageing turbines?
Our experts unpack how the new tariffs are sparking turbulence in US clean energy - raising costs, straining supply chains and casting uncertainty over future wind and solar projects
Utility companies seek to contain cost and risk from large load requests with new tariff structures, but they fall short
Our Carbon Offset Market Outlook presents Wood Mackenzie’s base case scenario for the evolution of the offset market through 2050.
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