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Why doesn't Europe’s energy storage capacity match its renewables ambitions? And what lessons can it learn from leading markets?
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.
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?
In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade.
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?
This report presents our November 2023 long-term outlook for the Nordic zonal power markets of Norway, Sweden, Denmark, and Finland. The market report and dataset provide projections out to 2050, commenting on market trends and the changing dynamics of price formation. This outlook incorporates Wood Mackenzie’s Q3 2023 commodity price forecasts and power technology outlooks. The report includes…
This report presents our November 2023 long-term outlook for the Polish power market. The market report and dataset provide projections out to 2050, commenting on market trends and the changing dynamics of price formation. This outlook incorporates Wood Mackenzie’s Q3 2023 commodity price forecasts and technology outlooks. The report includes capacity projections, supply-demand analysis, market…
Price pressure is fairly constant in the inverter market, but 2018 saw a particular squeeze on vendors
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.
Join Wood Mackenzie as as our experts share their insight into the evolving dynamics of markets, the outlook for wholesale, capacity market, ancillary and fair value PPA prices in major European markets, and batteries' role in unlocking the renewable transition.
Join Wood Mackenzie as as our experts share their insight into short- to medium-term upside for US natural gas supply and the critical role of gas in the future power market.
The United States offshore wind energy market remains poised for explosive growth, with over 23 GW of new installations expected to come online by 2029. Demand is supported by robust state level offshore wind initiatives across seven states and is further enabled by federal auctions of Offshore Wind Area (OWA) leases on the part of the Bureau of Ocean Energy Management (BOEM). The former will support over 29 GW of installations through 2035. During this webinar, Wood Mackenzie head of wind research Dan Shreve will provide an overview of: 1) The impact of the Investment Tax Credit (ITC) extension on near-term market demand 2) Near-term scheduling delays due to the Bureau of Ocean Energy Management (BOEM) Environmental Impact Statement process 3) Investment opportunities for port infrastructure improvement and deployment of Jones Act compliant installation vessels Transmission infrastructure and other power market challenges.
The global offshore and onshore wind operations and maintenance market will reach over US$37 billion in annual spend by 2029. In this webinar, you’ll hear Wood Mackenzie's Energy Transition experts discuss the opportunities and challenges that'll arise for the O&M market by 2029.
Join Wood Mackenzie’s marketing intelligence research analysts and meteorologists in this upcoming series of trading analytics "Seasonal Summer Power Market Outlook Webinars", as they take a look at how US RTOs have been performing and present their expectations for the mid 2025 season.
On this week's Edge, Simon Flowers examines how Europe is placed for this winter and beyond. When will we see the market rebalance and what is the outlook for LNG demand, supply and price globally over the next decade?
Simon Flowers examines five key takeaways from COP27 and what they mean for the energy transition agenda.
Big Oil’s future dividend machine?
The biggest win at COP26 was Article 6. So, how will the Glasgow Climate Pact change carbon markets? How will carbon offsets interact with carbon pricing regimes in future? And how high could carbon prices go?
COP26 is where concerted global action on reducing carbon emissions should kick off. The EU is in the vanguard, with plans to reduce emissions by 55% by 2030. Is the EU's ambition achievable? And could it provide a template that others follow?
Carbon capture and storage (CCS) is central to decarbonisation strategies. How does it work? What are the hurdles to commerciality? How much capacity do we need? Find out more in this week's Edge.
Where does Asia stand on the energy transition? What are energy companies in the region doing to adapt? Are some further down the road than others? Much of LNG’s strong growth outlook reflects Asian demand but are its credentials as a bridging fuel for the transition all that good? And what does the US-China trade dispute mean for the region?
The AI revolution is changing the US power landscape
US renewables face a new test as tax credits end - can wind, solar and storage still thrive?
The Trump administration wants increased investment, but proposed legislation could undermine it.
Steep new US tariffs and global retaliation send shockwaves through energy markets - discover what it means for prices, demand and industry investment.
AI needs data centres, which need power. If AI is a national security priority, then so is electricity. That principle will shape the Trump administration’s policies. Gas-fired plants will be favored, but low-carbon energy could benefit, too.
After years of deteriorating relations, the US and China have opened new paths for communication and cooperation on energy and climate.
China’s moves to restrict graphite exports are a concern for battery manufacturers worldwide. How serious is the threat?
Kevin McCarthy’s dismissal as Speaker of the House of Representatives could presage instability in US energy policy.
The extensive tax credits and other subsidies for low-carbon energy included in the Inflation Reduction Act have been widely seen as propelling the US into first place as a location for investment in those technologies.
The US Congress has been debating two bills with big implications for energy. The first, the Infrastructure Investment and Jobs Act, has finally been passed by both House and Senate, and will be signed into law by President Biden.
The gas pipeline from Russia to Germany has been acknowledged as a “fait accompli” by the US. The European market will still need more LNG
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