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Boosted by recent legislation, the U.S. recorded 10 gigawatts (GW) of new utility-scale solar capacity contracts in Q2, up 201% from Q1 for the largest quarter-over-quarter growth on record according to new analysis from Wood Mackenzie, a Verisk business (Nasdaq: VRSK).
Wood Mackenzie report offers five key developments for the energy sector over the next 12 months
Despite policy support and market growth, the biggest economic hurdle to the uptake of the latest nuclear and small modular reactors (SMRs) is cost, according to Wood Mackenzie report.
Chinese companies have made significant strides in the Belt & Road initiative's overseas power projects over the past decade. With an estimated investment value of around US$200 billion, over 300 projects have installed 128 GW of power, equivalent to 1.3 times Australia's installed capacity in 2022. However, challenges have emerged, leading to the cancellation or shelving of over 20% of projects to date.
Large oil and gas reserves in the Middle East have resulted in especially low domestic energy prices and provide little incentive to transition to low carbon alternatives, according to Wood Mackenzie’s Middle East Energy Transition Outlook report.
This report presents our November 2024 long-term outlook for the Great Britain power market. The market report and dataset provide projections out to 2060, commenting on market trends and the changing dynamics of price formation. This outlook incorporates Wood Mackenzie’s Q3 2024 power technology outlooks and latest (November 2024, Investment Horizon Outlook) commodity price forecasts. The report…
This report presents our November 2024 long-term outlook for the French power market. The market report and dataset provide projections out to 2060, commenting on market trends and the changing dynamics of price formation. This outlook incorporates Wood Mackenzie’s Q3 2024 power technology outlooks and latest (November 2024, Investment Horizon Outlook) commodity price forecasts. The report…
A record-setting 11 gigawatts of new solar module manufacturing capacity came online in the United States during Q1 2024, the largest quarter of solar manufacturing growth in American history.
Global floating solar demand is expected to grow by an average of 22 percent year-over-year from 2019 through 2024.
How does the region move rapidly towards a pathway to decarbonisation in line with Paris Agreement goals, while ensuring continued economic growth and competitiveness?
A new variation on DC-coupled system architecture is making DC-coupling attractive for FTM applications for the first time.
Questions about IRPs and RFPs speak to a new way of looking at the energy mix. Read more.
One needs two ingredients to make wind plus storage succeed: technical capabilities and a predictable revenue stream that values the firmed capacity.
Find out what to look out for in this fast changing sector. Understand what is driving the investment rationale in renewables. And explore technological
As their prevalence in the automotive spotlight grows, EVs are increasingly on the minds of those investing in energy markets. But how much do we know about their evolving market share?
The rapid growth of renewables has changed the power mix and left the grid struggling to adapt.
After 2025, the oil majors’ will be looking for new opportunities, and the renewables market will be an area of increasing focus. Is there enough growth to go around?
Several states have recently restored or extended full retail Net Metering for residential rooftop solar. Read more.
A power grid that is reliable, affordable, and clean may be one of the 21st century’s greatest ambitions, and no economy is blazing the trail faster than California.
With carbon emissions performance now front of mind for oil and gas companies, the need for a standardised approach to data reporting is apparent.
Mexico’s power and gas reforms are creating competitive investment markets.
Our experts unpack the effect of the coronavirus crisis on energy demand in India, the world’s fifth-largest economy.
The outbreak of coronavirus, the oil price crash and the impending global recession present an enormous challenge for energy and natural resources. Keep up with the spread of Covid-19 and its impact on your sector.
Today there are only 15 commercial wind leases in the , and a number of them are held by the same group of companies
Proposed non-wires alternatives are still often deemed either more expensive or less reliable than the conventional reinforcement option
Each quarter, Wood Mackenzie’s grid edge analysts release an update on what’s going on in the markets they cover.
Electrification, resiliency and flexibility continue to be the dominating grid edge themes in 2021. Each quarter, our Grid Edge team provides a comprehensive briefing, including updates and analysis of the key themes and developments in the grid edge ecosystem.
What role do cities play in driving the energy transition? Find out in this complimentary report from Alan Gelder, VP of Refining, Chemicals & Oil Markets.
How will the Fiat Chrysler-Peugeot merger work? What electric cars do Fiat Chrysler make? Wood Mackenzie answers your frequently asked questions about the $50 billion merger.
The electric vehicle (EV) revolution depends on getting the right infrastructure, in the right locations. Here’s how providing workplace charging could bring direct and indirect economic benefits to businesses, and support the energy transition.
Wood Mackenzie CEO Neal Anderson shares his views on the importance of gender diversity in the natural resources sector
We explore why copper is inseparable from the electric vehicle story and why we need more infrastructure investment as a catalyst for greater EV adoption.
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