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It’s the most talked-about academic paper this year in the world of energy. Rethinking Load Growth, co-authored by Tyler Norris of Duke University has caused a stir in energy circles.
Can climate innovation survive the funding crunch? Discover how smarter investment strategies are keeping cleantech alive.
Ed Crooks discusses the outcomes of COP29 with Energy Gang regulars Melissa Lott and Amy Harder. They dive into what was agreed upon and its implications for the global energy transition. Joining them is Anca Gurzu, who covered the talks live in Baku.
As the "Finance COP", COP29 is under pressure to deliver concrete outcomes on climate finance. The goal is an agreement that could mean US$1 trillion a year or more flowing from rich countries to low and middle-income countries.
The Republican trifecta that emerged in the 2024 US election cycle is set to pivot US energy policy away from net zero. Bit with significant momentum for low-carbon investment following the Inflation Reduction Act (IRA), the impact of the election will vary by sector, commodity and technology. This insight provides deeper dive into how the US energy industry could evolve under a second Trump…
Cheap natural gas prices and warmer than normal conditions over the winter have driven a decline in energy prices to begin 2024 after what has been a volatile coupe of years in multiple regions of the country. From the current standpoint, 2024 looks to be a challenging year for price strength, but there is potential recovery coming as early as next year. Not only are there expected price increases…
In this bonus episode from Distributech, Ed is joined by Quinn Nakayama, from Pacific Gas and Electric Company (PG&E). They have an in-depth discussion on how the rise in EVs is forcing utilities to rethink infrastructure, optimise energy use, and plan for a very different future.
On this episode of the Energy Gang, Ed Crooks is joined by Melissa Lott and Amy Myers Jaffe to reflect on the events and trends that have unfolded across the energy industry in 2023.
Ed Crooks is joined by Dr. Melissa Lott and Michael Webber as they dissect the latest energy trends at COP28. Phase out vs phase down is still the big topic, and the team give their take on the future of fossil fuels.
In the inaugural instalment of our on-the-ground coverage at COP28, Ed Crooks is joined by Amy Harder and Bill Spindle from Cipher to discuss the significant developments unfolding in Dubai.
With climate talks wrapping up at COP27, the Energy Gang turn their attention to the critical issues discussed at this year’s summit and what happens next.
President Biden's climate agenda has been reformed. What are the implications for the Build Back Better Act? The gang also looks at EVs, and the growing problems that clean energy is currently facing.
The UK has a renewed focus on accelerating its energy transition and bold plans to create a clean energy superpower. But net zero by 2050 is not yet on course.
The U.S. solar industry had its lowest quarter of installations since the start of the coronavirus pandemic, according to the U.S. Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business. In Q1 2022, price increases and supply chain constraints continued to suppress the solar market as the industry installed 24% less solar capacity than Q1 2021.
Global economic growth could slow to 2.5% year-on-year in 2022 and 0.7% in 2023 due to the Russia-Ukraine war, says Wood Mackenzie.
The severe drought in Brazil will contribute to an extremely tight power balance in the country, new research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows.
China’s CATL unveiled its newly-developed sodium-ion battery at a launch event today.
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.
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.
Wood Mackenzie experts comment on the recently announced Australia Budget 2021.
Today's announcement outlining the UK's plan to set a legally binding 78% greenhouse gas emissions reduction target (on 1990 levels) through its Sixth Carbon Budget is another significant milestone on the road to its goal of net-zero emissions by 2050.
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.
According to Wood Mackenzie's Accelerated Energy Transition (AET) scenario, which sees global warming limited to 2.5 degrees (Celsius), the battery raw materials supply chain requires much more investment by 2030.
There were just over 2,000 electric trucks on US roads at the end of 2019. This stock is expected to grow to over 54,000 by 2025, according to new analysis from Wood Mackenzie.
According to new research from Wood Mackenzie, Australia is set to add 1.2 gigawatt-hour (GWh) of energy storage capacity in 2020, more than double the 499 MWh installed in 2019. This takes the country’s cumulative storage capacity at 2.7 GWh this year.
Vestas became the first wind turbine manufacturer to install more than 10 GW of wind capacity in a single year (2019), according to new analysis from Wood Mackenzie.
Wood Mackenzie’s latest research shows that up to 150 gigawatts (GW) of wind and solar projects across the Asia Pacific could be delayed or cancelled over the next five years (2020 – 2024), if the coronavirus-led recession extends beyond 2020.
The United States energy storage sector set a power capacity record in Q4 2019, deploying 186.4 megawatts (MW) and 364.2 megawatt-hours (MWh) of storage.
Speaking after French major Total announced it planned to buy a 50% stake in Indian company Adani Green Energy’s solar unit, Tom Heggarty, principal analyst with Wood Mackenzie’s Energy Transition Practice, said: “Total has been extremely active in the power and renewables M&A market as it seeks to diversify its activities and grow its exposure to the zero-carbon power sector."
Volkswagen has pledged to become carbon-neutral by 2050. Included in its roadmap for reaching this target is a plan to manufacture 22 million electric vehicles by 2028. Wood Mackenzie expects the company to miss this target. However, according to Wood Mackenzie's analysis, VW will hit 14 million EVs by 2028 - making it the world's largest EV manufacturer by the end of the decade.
Europe’s levelised cost of energy (LCOE) for bottom-fixed offshore wind will fall from an average of $133/MWh in 2019 to $51/MWh in 2028, according to new research by Wood Mackenzie.
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