The blue green planet: How hydrogen can transform the global energy trade

• 27 October 2021

The global energy trade is set for its greatest transformation since the 1970s. Electrification is central to this as countries plough money into renewables to push down emissions and enhance their energy security.

Champagne supercycle: taking the fizz out of the commodity boom

• 15 July 2021

Another supercycle is coming. Anticipation of future demand growth has generated palpable excitement, driving commodity prices to post-pandemic highs.

North America Crude Markets Service

Forecast North American crude flows through all major pipelines, hubs and export terminals to support strategic planning, market analysis and valuation work.

Low-carbon hydrogen demand in refining could reach 50 Mtpa by 2050

• 09 June 2022

Potential low-carbon (green or blue) hydrogen demand from the global refining sector could reach 50 million tonnes per annum (Mtpa) by 2050, says Wood Mackenzie.

Steel industry emissions to decline 30% by 2050

• 17 May 2022

Steel industry’s carbon emissions is expected to fall 30% by 2050 compared to 2021 levels, according to a new report by Wood Mackenzie.

US energy storage market sets Q4 record for new installations

• 24 March 2022

The US energy storage market set a new record in the fourth quarter of 2021, with new system installations totalling 4,727 megawatt hours (MWh).

Europe can satisfy gas demand for now – but longer-term outlook is uncertain

• 23 February 2022

Despite fears that Europe may face a gas crunch following the cancellation of Nord Stream 2, analysts at global energy consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK) say Europe is currently in a better situation than it was at the start of the 2021/22 winter.

Community solar sector to beat earlier 5-year forecast by 9%

• 08 February 2022

The U.S. community solar market is poised to continue growing over the next five years, adding 4.5 gigawatts (GW) of capacity, a 9% increase on previous projections. Expanded programs and new initiatives will boost development, but interconnection challenges may hamper the sector, according to new research released today by Wood Mackenzie, a Verisk business (Nasdaq: VRSK), carried out in collaboration with the Coalition for Community Solar Access (CCSA).

U.S. storage market sets new installation record in Q3 2021

• 09 December 2021

The U.S. energy storage market set a new record in the third quarter of 2021, with new system installations totalling 3,515 megawatt hours (MWh). Wood Mackenzie, a Verisk business (Nasdaq: VSK), and the U.S. Energy Storage Association’s (ESA) latest U.S. Energy Storage Monitor report, released today, said with market momentum building, it is likely this storage market record will be broken in the fourth quarter.

China’s copper industry cushioned from power crunch

• 12 November 2021

Wood Mackenzie’s latest report shows that compared to other base metals, China’s copper market appears to be better cushioned from the country’s power crunch.

OPEC+ shrugs off US pressure to announce 400,000 b/d output boost

• 04 November 2021

Speaking after today’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said: “After unusual pressure from the US administration to lift its production, OPEC+ announced it is boosting output by 400,000 barrels per day (b/d) for December, in line with its 18 July 2021 agreement. This will be seen as disappointing by the US, which is asking for an extra increase closer to 600,000 b/d. But as long as OPEC+ actually boosts its output by 400,000 b/d, the US has indicated it will accept the outcome."

Can the US rise to meet the net-zero emissions challenge?

• 16 September 2021

US President Joe Biden has a transformational goal: he wants the country to achieve net-zero emissions by 2050, building on the net-zero power sector he wants in place by 2035. Can the US meet this challenge? According to new research released today by global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), the US is likely to struggle to achieve Biden’s ambitions. Technological limitations, policy design, market structures and even the United States’ political and constitutional foundations may hamper progress.

Chesapeake ties up Vine in cash-and-stock deal

• 11 August 2021

Speaking after Chesapeake announced plans to buy Vine Energy in a cash-and-stock deal which values the Blackstone Group-controlled E&P at around US$2.2 billion, analysts from natural resources consultancy Wood Mackenzie said: “We were confident 2021 would be a big year for Haynesville consolidation."

Is CCS the upstream sector’s silver bullet?

• 11 August 2021

We may only be halfway through 2021, but it is already shaping up to be a breakthrough year for carbon capture and sequestration (CCS) to emerge as a viable tool for upstream companies to decarbonise operations. Although the concept has been around for decades, CCS is moving into the mainstream. All the industry’s largest companies now plan to use sequestration to help them reach their decarbonisation targets.

Latest IPCC climate report calls for reaching net zero emissions earlier than 2050

• 10 August 2021

Wood Mackenzie Asia Pacific Head of Markets and Transitions Prakash Sharma responds to the recently released IPCC report.

Sorry we missed you NWO 2023

• 10 November 2022

Webinar | North American Gas Outlook: Winter 2023 Please fill out the form to receive a copy of the webinar video and slide deck. https://go.woodmac.com/l/131501/2023-10-12/3115z5

Webinar | What's next for green steelmaking technologies?

• 25 January 2024

Join our experts on Thursday at 8:00 EST January 25th for an interactive discussion where they will uncover the technical aspects, opportunities, challenges, and the competitive landscape of key green steelmaking technologies. 

Route to Net Zero

• 16 August 2023

It’s a watershed moment for the North Sea. Join our upcoming webinar as we cover upstream, ccus and hydrogen in the North Sea

Royalties reform could dampen investors’ appetite for Chile’s copper sector

• 29 June 2021

Proposed changes to Chile’s mining royalty regime will not have a drastic impact on the country’s production landscape in the near-term. However, analysis from global natural resources consultancy Wood Mackenzie, a Verisk company (Nasdaq:VRSK), indicates there is clear risk the amendments could compromise continued appetite to make large-scale, long-term investments in Chile’s copper sector.

Long-term LNG set to remain a buyers’ market

• 15 June 2021

The liquefied natural gas (LNG) long term contract market and LNG spot market are travelling in opposite directions. The long-term buyers’ market is only likely to end when it becomes clear that demand will outstrip new supply available from Qatar and Russia, global energy consultancy Wood Mackenzie said.

US solar market passes 100 GW milestone

• 15 June 2021

The US solar market surpassed 100 gigawatts (GWdc) of installed electric generating capacity, doubling the size of the industry over the last 3.5 years, according to the US Solar Market Insight Q2 2021 report, released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

TotalEnergies named industry’s most-admired explorer

• 31 May 2021

For the second consecutive year, French major TotalEnergies has been named the upstream industry’s most-admired explorer, an accolade awarded as part of with Wood Mackenzie’s industry-leading annual Exploration Survey.

Energy transition represents a US$14 trillion uncertainty for upstream oil and gas

• 20 May 2021

The energy transition represents US$14 trillion worth of uncertainty for upstream oil and gas, according to a new report by Wood Mackenzie.

UK charts course for net zero North Sea

• 06 May 2021

The UK government and the country’s oil and gas sector recently agreed a deal to leverage the upstream industry's capabilities, accelerate the energy transition and help the North Sea reach net zero by 2050.

Commercial electric vehicle charging equipment market worth over $870 billion by 2050

• 10 March 2021

Government funding and zero-emission vehicle regulations are strong drivers for commercial electric vehicle (EV) adoption in every region thus far, therefore reducing the primary barrier to commercial EV adoption: cost. This policy support will see the annual market value of electric bus and truck charging outlets pass the $200 billion mark by 2045, according to Wood Mackenzie.

Decarbonisation key to future of Asia Pacific’s upstream industry

• 15 December 2020

Wood Mackenzie’s Asia Pacific upstream 2021 outlook report shows that the development of regional decarbonisation roadmaps is crucial to the future of the upstream industry.

Over US$11 billion of Australian gas projects to be sanctioned in 2021

• 10 December 2020

Wood Mackenzie’s Australasian upstream 2021 outlook report shows at least US$11 billion of gas projects poised for FID in 2021.

Consolidation to become major theme in E&P’s transition

• 17 November 2020

Consolidation among the Independents will accelerate in the face of energy transition, says Wood Mackenzie.

South Korea announces carbon neutrality pledge

• 29 October 2020

South Korea becomes the latest Asian economy to announce its net-zero carbon emissions pledge.

Significant government intervention necessary if bioplastics are to scale

• 19 October 2020

In order to achieve the scale needed to play a meaningful role, the bioplastics industry will require significant regulatory interventions from governments and substantial cost efficiencies as technologies mature and scale, according to Wood Mackenzie.