US DOE shows that virtual power plants are very real

• 10 January 2025

The US agency’s 2025 VPP Liftoff Report Update offers a playbook to accelerate virtual power plant adoption

China could ease restrictions on Australian coal and increase supply to alleviate power crunch

• 08 October 2021

Wood Mackenzie believes that Chinese authorities could allow customs clearance of stranded Australian thermal coal. In addition, the local governments in Yulin region of Shaanxi province and Inner Mongolia have announced yesterday that they will be increasing coal supply to meet demand.

Asia Pacific’s decarbonisation bill to hit US$3.5 trillion in 2040

• 12 November 2019

Recent research by Wood Mackenzie indicates that Asia Pacific’s decarbonisation bill could hit US$3.5 trillion by 2040. This includes investments in solar, wind, hydrogen, nuclear, and hydro power, collectively referred to as zero-carbon energy between now and 2040, under Wood Mackenzie’s accelerated transition scenario.

China to become largest energy storage market in Asia Pacific by 2024

• 09 July 2019

China’s cumulative energy storage capacity is projected to skyrocket from 489 megawatts (MW) or 843 megawatt-hours (MWh) in 2017 to 12.5 gigawatts (GW) or 32.1GWh in 2024. This represents an increase in the installed base of 25 times.

How Asia’s NOCs can learn to stop worrying and love the energy transition

• 28 January 2020

All oil and gas companies are in a state of flux. Driven by the energy transition, upstream supply must now be low cost, low risk and, increasingly, lower carbon. Lenders and shareholders seek clear strategies on emissions reduction, while still expecting the returns that attracted them to oil and gas companies in the first place.

Global energy storage set to triple in 2021

• 07 October 2021

New research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows annual global storage deployments will nearly triple year-on-year, reaching 12 GW/28 GWh in 2021. Across the world, economic recovery is top of mind for politicians, with renewable energy integration taking centre stage. Despite disruptions from the Covid-19 pandemic, Wood Mackenzie’s Global Energy Storage Outlook, released today, forecasts nearly 1 TWh of total demand from 2021-2030.

Emissions crackdown could fast-track Australian CCS projects

• 06 April 2023

A revision to the Safeguard Mechanism, legislation that requires Australia’s largest emitters to cut direct emissions (known as Scope 1 emissions,) could trigger a spike in carbon, capture and storage (CCS) projects in the region, says Wood Mackenzie.

Horizons podcast: The blue-green planet

• 08 November 2021

Dr. Liz Dennett joins special guests Gavin Thompson and Prakash Sharma to explore hydrogen's role in the future of the global energy trade.

Tech companies accelerate nuclear deployment

• 18 October 2024

Nuclear power can play an important role in tackling climate change and strengthening energy security. Its big problem has been buyers have not been willing to pay a premium for 24/7 carbon-free power. This week, that started to change.

How Big Oil is set to transform the offshore wind sector

• 05 April 2021

The Euro Majors’ huge renewables ambitions mean the winds of change are blowing. Who’s getting involved in offshore wind? What strategies are emerging? And what does it mean for the future of the sector?

What role will nuclear power play in the energy transition?

• 24 August 2021

Investment in next generation nuclear capacity could prove to be a crucial component of net zero strategies.

What would an EU carbon border adjustment mechanism mean?

• 14 July 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.”

Power and renewables: predictions for 2024

• 29 January 2024

From China’s fast-expanding solar and renewables supply chain to an increase in curtailment across Europe, a look at the key themes and trends for the power and renewables industry in the year ahead

US utility-scale solar: will policy power a rebound?

• 19 April 2022

Total forecasted buildout of US utility-scale solar is expected to reach 172 GW by 2027 – if the climate provisions in the Build Back Better Act are passed later this year.

Energy Transition Service

Quantify the pace and change of the energy transition across all commodities, markets, technologies and segments.

Gas, LNG & The Future of Energy 2026

• 02 June 2026

Wood Mackenzie's 4th annual Gas, LNG and the Future of Energy from 2-3 June 2026 is where the industry comes together in London to discuss the different market, investment and corporate dynamics shaping it, and the role of gas in supporting the energy transition. #WMGasLNGEvent

4 years into a difficult transformers market in the US, is there a potential end in sight?

• 27 June 2024

Amid surging demand and supply constraints, find out how new policies and industry expansions are shaping the future of the US transformers market

Batteries: frequently asked questions

• 04 June 2024

An introduction to batteries, from technical specifications to battery raw materials.

What to look out for at this year’s Solar and Energy Storage Summit 2024

• 21 May 2024

A sneak peek at the topics our experts will be breaking down this year

Tesla drops to third place in US home solar installer rankings

• 19 June 2019

Ranking of U.S. residential solar installers through Q1 2019

Key energy takeaways from Canada’s 2025 election

• 01 May 2025

Newly elected Prime Minister of Canada, Mark Carney, has made energy a key initiative of the new government, with goals to expand both conventional and clean energy, but decoupling energy flows away from the US may prove to be a challenge, according to Wood Mackenzie.

US Grid-Scale Energy Storage Installations Surge, Setting New Q2 Record

• 01 October 2024

The U.S. energy storage market experienced significant growth in the second quarter, with the grid-scale segment leading the way at 2,773 MW and 9,982 MWh deployed.

Webinar replays | Energy transition outlook: 2024-25 update

• 21 November 2024

Watch our recent webinars on the state of the energy transition. The panelists discussed what a second Trump administration means for energy and natural resources, reflections from COP29 on Article 6 and climate finance. Plus, how fast will clean energy transitions unfold?

Global energy storage capacity to grow at CAGR of 31% to 2030

• 30 September 2020

Wood Mackenzie’s latest report shows global energy storage capacity could grow at a compound annual growth rate (CAGR) of 31%, recording 741 gigawatt-hours (GWh) of cumulative capacity by 2030.

Will renewables displace conventional fuels in Asia’s growth markets in the 2020s?

• 05 February 2020

In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade.

Introducing our Global Net Zero Pledges Scenario

• 08 February 2023

In the build up to COP27, countries around the world made pledges to reach net zero around the middle of the century. How are they all faring on those pledges and is the world is on track for a 1.5c pathway?

US Solar Market Insight

US Solar Market Insight™ is a collaboration between the Solar Energy Industries Association® and Wood Mackenzie that brings the most in-depth analysis and forecasts on the solar industry to professionals in the form of quarterly and annual reports.

Solar inverter vendors seek growth through service expansion

• 07 August 2019

Price pressure is fairly constant in the inverter market, but 2018 saw a particular squeeze on vendors

Three reasons why Europe is set to lose the energy storage race

• 09 November 2020

Why doesn't Europe’s energy storage capacity match its renewables ambitions? And what lessons can it learn from leading markets?

Webinar | Growing pains – how corporate renewables strategies are adapting to energy transition challenges

• 01 October 2024

Join us on Tuesday 1 October 2024, as our senior experts discuss how Europe’s leading renewable power developers are adapting their global investment strategies to energy transition challenges.