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Several gas developments are underway in Guyana and Suriname that could offer new competitive LNG supply sources early next decade, according to a new report from Wood Mackenzie.
Up to £10 billion of North Sea oil and gas pre-tax value could be unlocked from existing assets if the UK government was to implement a fiscal system that encourages investment – and restores trust with the industry – according to new analysis by Wood Mackenzie.
In 2024, the global landscape for Levelised Cost of Electricity (LCOE) continues to reflect significant advances in renewable energy technologies, with wind and solar power leading the way, according to the latest LCOE reports from Wood Mackenzie.
Addressing Chevron’s announcement to sell Canadian assets to Canadian Natural Resources (CNRL) for US$6.5 billion Mark Oberstoetter, Upstream Research Director in Calgary, said “Chevron has shown commitment to its divestment target with two sale announcements in two weeks. Offloading Alaska assets to ConocoPhillips (COP) last week for US$300 million was a small step and made strategic sense given their lack of materiality in the Supermajor’s portfolio. Today’s announcement moves the company much closer to its US$10-15 billion divestment target.”
A record-setting 11 gigawatts of new solar module manufacturing capacity came online in the United States during Q1 2024, the largest quarter of solar manufacturing growth in American history.
Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Matthijs (Thijs) van Koppen to its global executive leadership team as EVP, Head of Consulting.
Up to 30 upstream projects larger than 50 million of barrels of oil equivalent (boe) could reach FID in 2024, an increase from 22 in 2023, according to a new report from Wood Mackenzie.
US Lower 48 tight oil well costs will see pressures from tariffs, but significant increases will be offset by cost deflation elsewhere, particularly in declining prices for proppant, drilling rig and pressure pumping, according to a recent analysis from Wood Mackenzie.
The world's top 10 solar photovoltaic (PV) module manufacturers shipped a record 500 gigawatts (GW) of modules in 2024, nearly doubling the previous year's volume, according to Wood Mackenzie's new Global Solar Module Manufacturer Rankings 2025 report. Despite this surge in shipments, the leading players collectively reported losses of US$4 billion as revenues declined significantly year-over-year.
India and Saudi Arabia became the second and third largest tracker markets globally, combining for 28 GW of tracker demand.
With data center demand booming in the US, vertically integrated regulated utilities are proving to be advantaged compared to deregulated markets in getting large loads connected to the grid, according to the new Horizons report from Wood Mackenzie.
The current transmission pipeline will not solve the issue from the Northeast generators
Global power markets are entering a period of unprecedented transformation characterized by sharply divergent regional paths, according to Wood Mackenzie's latest H1 2025 regional power Strategic Planning Outlooks.
Onshore wind capacity in South America will hit 83 gigawatts (GW) by 2034 with a 6.5% annual growth rate, a report from Wood Mackenzie finds.
President Trump's One Big Beautiful Bill Act (OBBBA) represents a dramatic shift that will fundamentally reshape US energy markets.
The recently passed One Big Beautiful Bill Act (OBBBA), which eliminates several key market drivers, including the Section 25D customer-owned investment tax credit (ITC) for residential solar systems after 2025, will hinder near-term US residential solar growth according to a new report from Wood Mackenzie. However, the long-term potential remains strong, with growth expected to return after 2028.
Wood Mackenzie, the global insight business for renewables, energy, and natural resources, has launched its Nodal Price Forecast solution.
The U.S. solar industry installed nearly 18 gigawatts (GW) of new capacity in the first half of 2025.
Global wind market set for historic growth despite current headwinds
The oil industry possesses a trillion-barrel opportunity within existing fields that could meet global demand through 2050 without major new discoveries, according to groundbreaking analysis from Wood Mackenzie.
India's solar module manufacturing capacity is on track to surpass 125 GW by 2025, more than triple the domestic market demand of around 40 GW. According to Wood Mackenzie's latest report, 'Perfect Storm in the Indian Solar Supply Chain', this growth will lead to a substantial inventory buildup of 29 GW by the third quarter of 2025.
Wood Mackenzie, Inc. a Verisk business (NASDAQ:VRSK), and Ball Corporation (NYSE: BLL) announced today that they have formed a strategic agreement between the two organisations to accelerate the development of advanced analytics for energy markets.
Wood Mackenzie welcomes Canadian Solar as a development partner for its industry-leading Lens® decision intelligence platform, which delivers live data across the industrial landscapes of every global economy.
Join executives from EDF Energy, Renewable Energy Institute and Société Générale as Europe’s energy sector gears up for critical transformation
Economic growth, stability in energy prices, energy transition, dual-control targets and relations with the US, are the top five themes to watch out for in China’s energy outlook this year, says Wood Mackenzie.
The time is ripe for the world's major energy exporters to accelerate the energy transition, and mastering the hydrogen trade could make a difference, says Wood Mackenzie.
Global electric vehicle (EV) sales are expected to vault over 6 million this year, says Wood Mackenzie.
Small modular nuclear reactors (SMR) could play a crucial role in meeting Paris Agreement targets, says Wood Mackenzie.
Wind turbine prices are expected to increase by up to 10% over the next 12 to 18 months due to increases in commodity prices, logistics costs, and coronavirus-related challenges, according to new analysis from Wood Mackenzie, a Verisk business (Nasdaq:VRSK).
Community solar is taking an increasing slice of market share in the US. State-level programs and incentives fueled a record-breaking year of growth in 2020, accounting for 37% of annual non-residential solar capacity – up from just 13% in 2016. Now, with new programs emerging and mature markets facing challenges, can the sector maintain its growth?
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