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China’s wind and solar targets are set for 2030. 408 GW of new capacity will be added from 2021 to 2030, of which 82% will come from onshore wind.
SB Energy, a wholly owned U.S. subsidiary of SoftBank, has confirmed a record purchase of long-duration iron flow batteries from U.S. manufacturer ESS.
Transportation accounts for 23% of global emissions, so it’s unsurprising that decarbonising the sector is one of the four key pillars of COP26. Dramatically accelerated electric vehicle (EV) uptake is needed to put the world on a 2° C trajectory. Yet there is a very big battery shaped barrier to rapid electrification
Green hydrogen has seen a 50-fold increase in announced projects over the past 12 months alone. And while its export supply chains are complex, there are already several serious hydrogen export contenders emerging around the world.
Lower revenue is putting pressure on investor returns, but reductions in subsidies are likely to help drive accelerated growth in the offshore wind industry.
This report presents our May 2023 long-term outlook for the power markets of the Netherlands and Belgium. 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 Q1 2023 commodity price forecasts and our latest technology outlooks. The report includes capacity projections,…
This report presents our May 2023 long-term outlook for the zonal power market in Italy. 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 Q1 2023 commodity price forecasts and our latest technology outlooks. The report includes capacity projections, supply-demand…
China just re-wrote the global energy record book. Driven by the country’s surging economic growth, 2021 saw China record the largest ever absolute annual increase in electricity demand by any country in history.
System prices remain high as supply chain constraints and policy uncertainties create a high-risk environment for US solar PV development.
Demand for energy storage will expand nearly nine-fold over the next decade, supported by the rise of renewables.
Highlights from our inaugural Low-Carbon Hydrogen Conference.
What can Asia Pacific governments do to ensure the ramp up in new CCUS projects, which countries are showing the most progress and what role can oil and gas companies play in delivery?
Flagship climate policy in the EU and the US could give hydrogen the jumpstart it needs.
LDES technologies are promising but must be improved to aid the deep decarbonisation of electric power systems
Investment tax credit (ITC) adders and loan market headwinds are shaking up the US residential solar financing landscape.
The US, Canada and Latin America face different dilemmas in the drive to decarbonise
Decision makers need to consider an increasingly complex range of factors when choosing equipment suppliers.
What made Germany’s 7 GW offshore wind tender so attractive – and what does it mean for other governments?
But some elements of the crisis will leave a lasting effect.
In a new report with CPower we delve into the world of Demand Response and Distributed Energy Resources, shedding light on the crucial intersection between reliability and regulatory dynamics.
As demand for gas grows, it poses challenges for global climate goals. Suppliers will come under increased pressure to curb their emissions.
Change is afoot in the global solar photovoltaic (PV) operations and maintenance (O&M) market, as illustrated by the recent announcement of RES Group’s (Renewable Energy System) intention to acquire Ingeteam. We expect more M&A activity across the renewable technologies service industry.
We break down the key themes emerging for investors next year; from increased activity in the PV value chain post-IRA to new geothermal opportunities and hotspots.
It’s shaping up to be a critical year in setting the pace of growth for low-carbon hydrogen and derivatives markets. Read our take on the themes to watch in 2024.
2024 will be a transformative year for onshore wind energy, bringing promises of market recovery, accelerated growth and a renewed focus on profitability for OEMs.
Capacity continues to grow, with giga-scale proposals dominating, but many projects remain speculative, with delays and cancellations likely
The world will have 5.7 TWdc of solar by 2033, largely driven by China
Amidst increasing global solar capacity, new industry players, transitions in cell technology, and the rising cost of polysilicon are behind supply chain challenges in APAC
Our new partnered report with S&C Electric Company explores how investment in innovative technologies can help the US modernize its electric grid infrastructure for long-term resilience.
The recent summit in Florida explored themes such as load growth uncertainties, how industry players and utilities are powering data centers with clean energy, and the growing emphasis on supply-side solutions for large loads
SPP focuses on transmission plans while MISO struggles to address reliability
Protectionism should help domestic manufacturing, but it could come at a cost for buyers. Our recent report leveraging our solar supply chain data explores the implications.
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