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News Release
Action to achieve Paris climate goals will upend oil and gas prices
- 15 April 2021
If the world acts decisively to limit global warming to 2°C by 2050, the scale of change will revolutionise the energy industry. Progressive electrification will squeeze the most polluting hydrocarbons out of the energy mix, nearly eliminating their markets. Oil demand will shrink, and with it, so will the power of major oil producers. Gas demand will remain resilient, but business models will need to evolve.
News Release
Global offshore wind O&M market to grow 16% annually to US$12 billion by 2029
- 09 March 2021
Wood Mackenzie’s latest report shows that the global offshore wind operations and maintenance (O&M) market is expected to grow 16% annually to reach US$12 billion (€10 billion) by 2029.
News Release
Climate commitments to top energy and mining agendas in 2021
- 27 January 2021
What are the biggest emissions trends to watch this year? James Whiteside, Wood Mackenzie Global Head of Multi-Commodity Research, and Amy Bowe, Wood Mackenzie Head of Carbon Research, see five key themes
News Release
Europe's Green Deal and pandemic recovery to take centre stage in 2021
- 07 January 2021
With hopes of vaccines setting a better course for 2021, this year will see policymakers and market participants focus on initial but substantive steps towards net-zero objectives.
News Release
The UK's 10-point climate action plan - what does it mean for energy?
- 18 November 2020
Prime Minister Boris Johnson has announced the UK's new 10-point climate action plan.
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- Commodity Market Report
  Germany power market long-term outlook: November 2023
  - 04 December 2023
  This report presents our November 2023 long-term outlook for the German 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 power technology outlooks. The report includes capacity projections, supply-demand analysis,…
- Commodity Market Report
  NYMEX sensitivity case developed from the Mexico gas, power and renewables Investment Horizon Outlook 2023
  - 01 December 2023
  This “NYMEX” case represents the use of the New York Mercantile Exchange futures gas prices and its impact on our long-term outlook on Mexico’s power sector. Wood Mackenzie’s gas price forecast – a key component of our Base Case, the Mexico gas, power and renewables investment horizon outlook 2023 – projects a rebound in Henry Hub prices with the next wave of LNG exports with a price averaging…
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News Release
323 million electric vehicles will be on the roads by 2040
- 19 August 2020
Electric vehicle (EV) sales are expected to reach 45 million units per year by 2040, with a total global EV stock of 323 million, according to new research from Wood Mackenzie.
News Release
Record number of microgrids installed in US last year
- 22 July 2020
546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie.
News Release
Bangladesh to double its fossil fuel imports in a decade
- 14 May 2020
Bangladesh is expected to double its fossil fuel imports to 32 million tonnes of oil equivalent (Mtoe) between 2020 and 2030, says Wood Mackenzie.
Comment
India's 2020 energy outlook
- 23 January 2020
India's 2020 energy outlook
News Release
China’s wind repowering market to boom from 2023
- 17 December 2019
According to a new report by Wood Mackenzie, China’s wind repowering market is expected to take off from 2023. More than 21 gigawatts (GW) (cumulative capacity) of China’s wind turbine fleet is expected to be repowered over the next 10 years (2019-2028).
News Release
Project delays and cancellations to dampen US microgrid growth through 2021
- 16 December 2019
Project cancellations and delays connecting planned projects to the electric grid will lead the US microgrid market to contract 17% from its 2018 peak by the end of this year, according to new research from Wood Mackenzie.
Comment
Total begins construction of third solar power plant in Japan
- 08 October 2019
Total Solar International has begun construction of Miyagi Osato Solar Park, a large-scale solar plant in Japan.
News Release
Global wind turbine fleet to consume over 5.5Mt of copper by 2028
- 02 September 2019
Over 650 GW of new onshore and 130 GW of new offshore wind capacity will be installed between 2018 and 2028. This will consume in excess of 5.5Mt of copper, according to a recent analysis by Wood Mackenzie.
News Release
Resilience to drive US microgrid growth
- 08 August 2019
The US microgrid industry may find opportunities for substantial future growth in geographical areas that are repeatedly affected by power outages, as customers seek out resilient solutions, new research from Wood Mackenzie found.
News Release
Decarbonising US power grid 'may cost US$4.5 trillion'
- 27 June 2019
The transition to a 100% renewable US power grid will need investment of up to US$4.5 trillion over the next 10 to 20 years, new analysis from Wood Mackenzie found.
News Release
Major policy changes in China to drive long-term solar installation growth
- 14 May 2019
The solar market in China could see long-term benefits from major government policy changes that move the country away from federal feed-in tariffs and embrace unsubsidised business models.
News Release
Global wind turbine order intake breaks record in Q2
- 12 September 2022
Strong activity in China pushed global wind turbine order intake to 43 gigawatts (GW) in quarter two of 2022, a new record, and up 36% from year-ago levels. This equates to an estimated $18.1 billion, according to new analysis from Wood Mackenzie.
News Release
Trade and supply chain barriers delay impact of historic clean energy law
- 13 December 2022
The U.S. added 4.6 gigawatts (GW) of new solar capacity in Q3 2022, a 17% decrease from the same quarter last year as trade barriers and ongoing supply chain constraints continue to slow America’s clean energy progress. These disruptions will cause a 23% decline in solar installations this year compared to 2021, according to the U.S. Solar Market Insight Q4 2022 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business.
News Release
US energy storage market continues to expand rapidly
- 15 March 2023
Across all segments of the industry, the U.S. energy storage market installed 4.8 gigawatts (GW) of capacity in 2022, nearly equal to the combined 2020 and 2021 installed capacity of 5 GW, becoming a record year for battery storage. This is according to ACP and Wood Mackenzie’s latest U.S. Energy Storage Monitor report released today.
News Release
Global wind energy to top 1 TW threshold by the end of 2023
- 11 April 2023
The global wind energy market will pass the one terawatt (TW) threshold for installed capacity by the end of 2023, according to the latest market outlook from Wood Mackenzie.
News Release
US grid-scale energy storage installations record second-straight quarterly decrease
- 14 June 2023
Across all segments of the industry, the U.S. energy storage market added 2,145 megawatt hours (MWh) in the first quarter of 2023, a 26% decrease from Q4 2022. The grid-scale segment installed 1,553 MWh in Q1 2023, recording the second-straight quarterly decline and falling 33% below first quarter 2022 installations, according to a new report released today.
News Release
US Department of Energy to invest US$7 billion into seven regional hydrogen hubs
- 17 October 2023
The announcement by the U.S. Department of Energy (DOE) to invest US$7 billion across seven Regional Clean Hydrogen Hubs (H2Hubs) signifies a significant step towards creating a low-carbon hydrogen economy, according to Wood Mackenzie.
News Release
South America to see onshore wind capacity double in the next 10 years
- 09 July 2024
South America’s cumulative onshore wind capacity will double to 79 GW in the next 10 years as developers install 40 GW of new capacity by 2033.
News Release
Chinese companies dominate Wood Mackenzie’s solar PV module manufacturer rankings
- 11 June 2024
Nine out of the top 12 manufacturers in Wood Mackenzie’s new global solar PV module manufacturer rankings are Chinese companies.
News Release
Singapore's low carbon power target of 4 GW achievable by 2035
- 19 June 2024
Singapore's low carbon power target of 4 GW achievable by 2035
Featured
The future for green hydrogen
- 25 October 2019
A new report on green hydrogen from Wood Mackenzie shows promise for the emerging technology.
Editorial
Global energy storage market takes off
- 23 April 2019
2018 was a record-breaking year for energy storage. The market looks set to flourish as the energy transition accelerates. Find out what's behind the boom and which countries are leading the change.
Editorial
Europe power markets, Chevron-Anadarko acquisition, global LNG shipping
- 19 April 2019
What's new in store? Get the highlights from some of our most popular insights across the entire natural resources value chain. This week, the long-term outlook for Europe power markets, the Chevron acquisition of Anadarko and more.
Featured
Technology giants top list in bumper year for corporate procurement
- 01 February 2019
2018 was the biggest year on record for corporate procurement of renewables in the US. With corporate and industrial (C&I) procurement now a major driver of both wind and solar in the US market, we highlight key trends to watch.
Editorial
5 factors that will cushion the PTC phase-out in the US
- 07 August 2018
We present five drivers that will sustain demand for new wind capacity additions in the market during this time.

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Search results: 1921

Action to achieve Paris climate goals will upend oil and gas prices

Global offshore wind O&M market to grow 16% annually to US$12 billion by 2029

Climate commitments to top energy and mining agendas in 2021

Europe's Green Deal and pandemic recovery to take centre stage in 2021

The UK's 10-point climate action plan - what does it mean for energy?

511 related products from the Store that match

Germany power market long-term outlook: November 2023

NYMEX sensitivity case developed from the Mexico gas, power and renewables Investment Horizon Outlook 2023

323 million electric vehicles will be on the roads by 2040

Record number of microgrids installed in US last year

Bangladesh to double its fossil fuel imports in a decade

India's 2020 energy outlook

China’s wind repowering market to boom from 2023

Project delays and cancellations to dampen US microgrid growth through 2021

Total begins construction of third solar power plant in Japan

Global wind turbine fleet to consume over 5.5Mt of copper by 2028

Resilience to drive US microgrid growth

Decarbonising US power grid 'may cost US$4.5 trillion'

Major policy changes in China to drive long-term solar installation growth

Global wind turbine order intake breaks record in Q2

Trade and supply chain barriers delay impact of historic clean energy law

US energy storage market continues to expand rapidly

Global wind energy to top 1 TW threshold by the end of 2023

US grid-scale energy storage installations record second-straight quarterly decrease

US Department of Energy to invest US$7 billion into seven regional hydrogen hubs

South America to see onshore wind capacity double in the next 10 years

Chinese companies dominate Wood Mackenzie’s solar PV module manufacturer rankings

Singapore's low carbon power target of 4 GW achievable by 2035

The future for green hydrogen

Global energy storage market takes off

Europe power markets, Chevron-Anadarko acquisition, global LNG shipping

Technology giants top list in bumper year for corporate procurement

5 factors that will cushion the PTC phase-out in the US