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US community solar sector market forecast to grow 7 GWdc by 2027

02 August 2022

The US community solar market will continue to grow over the next five years, with at least 7 gigawatts direct current (GWdc) of community solar expected to come online in existing markets between 2022-2027.

News Release

Net zero scenario to require 9.7 Mt of new copper supply over next decade

20 October 2022

How much copper is needed to successfully meet the climate targets set out by the Paris Agreement?

News Release

Industry leaders to speak at Wood Mackenzie’s Grid Edge Innovation Summit 2022

10 November 2022

Join executives from Shell Recharge Solutions, Exelon, BMW, and General Motors, as event looks at current trends, challenges and drivers shaping the grid edge

News Release

US could see $100B of new LNG projects in the next five years

22 February 2023

High prices and the demand for energy security will drive the US to be the leading exporter of LNG in 2023 and potentially pave the way for $100 billion in new developments to support long-term growth, according to a new report from Wood Mackenzie

News Release

Public EV charging market in North America on track for rapid growth

22 March 2023

As electric vehicle (EV) adoption continues to rise, the market for public charging networks in North America is forecast to grow rapidly by 2050, according to Wood Mackenzie’s latest ‘Commercial landscape of EV charging networks in North America’ report.

News Release

A supercharged China could turn up the heat on global commodities

23 March 2023

The Chinese economy is expected to grow by 5.5% but could grow by as much as 7% in 2023 as the country bounces back from three years of lock-down caused by the Covid pandemic according to a new report by Wood Mackenzie.

News Release

Industry leaders to speak at Wood Mackenzie’s Solar & Energy Storage Summit 2023

09 May 2023

The solar and energy storage industries in North America continue to be catapulted forward by the Inflation Reduction Act (IRA) and the transition to a clean energy future.

News Release

Australian operators need to collaborate to create super basins

16 May 2023

Australia’s oil and gas industry needs to urgently fast-track the creation of energy “super basins” to provide a pathway to greater sustainability and cut emissions, according to Anne Forbes, Upstream Research Analyst at Wood Mackenzie.

News Release

US solar market registers best first quarter in industry history as supply chains stabilize and Inflation Reduction Act takes hold

08 June 2023

The US solar industry installed 6.1 gigawatts (GW) of solar capacity and had its best first quarter in history, according to the US Solar Market Insight Q2 2023 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

News Release

U.S. and Japan will struggle to hit ambitious hydrogen targets

27 June 2023

U.S. Hydrogen producers will struggle to hit the National Clean Hydrogen Strategy and Roadmap (the Strategy) that was released by the Department of Energy on June 5 according to according to analysts Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector.

News Release

Australia leads global market for battery energy storage systems

17 July 2023

Australia leads the global market for battery energy storage systems (BESS), with the total pipeline of announced projects now exceeding 40 gigawatts (GW), according to latest Wood Mackenzie analysis launched at the Australian Clean Energy Summit in Sydney.

News Release

A revitalised oil and gas sector can play a key role in Indonesia’s energy transition

27 July 2023

Indonesia’s oil and gas sector must undergo a major overhaul in the way it operates if it is to realise the full potential of the country’s natural resources and support a successful energy transition, according to a new white paper by Wood Mackenzie, a global insight business for renewables, energy and natural resources.

News Release

High European gas storage levels quell price spike fears during Norway’s field maintenance season

27 July 2023

Unseasonably high gas storage levels in Europe should mean any delays to major maintenance projects planned for Norwegian gas assets in August and September will have less impact on prices than earlier in the summer according to Wood Mackenzie, a global insight business for renewables, energy and natural resources.

News Release

Cumulative US community solar capacity expected to break 6 GW in 2023, despite interconnection and siting headwinds

08 August 2023

US community solar installations declined by 6% year-over-year in 2022 and 13% in Q1 of 2023. This was primarily driven by the supply chain uncertainty of the past year as well as interconnection and siting issues hindering growth in key state markets such as Massachusetts and Maine, according to the latest report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA).

News Release

Industry leaders to speak at Wood Mackenzie’s Hydrogen Conference

31 August 2023

Join Wood Mackenzie’s expert analysts and industry leaders to understand the key drivers and challenges of deploying low-carbon hydrogen at the Hydrogen Conference at the Hilton London Tower Bridge on 20 September 2023.

News Release

US renewables annual capacity additions to nearly triple in 10 years

15 September 2023

Speaking at the RE+ conference in Las Vegas, Chris Seiple, vice chairman, power and renewables for Wood Mackenzie said that with the Inflation Reduction Act (IRA) driving the economic competitiveness of renewables, annual capacity additions will nearly triple in 10 years to 110 gigawatts (GW).

News Release

Rosebank oil field reaches FID

27 September 2023

The announcement by Norway’s Equinor and the UK’s Ithaca Energy to go ahead with the Rosebank deepwater oilfield project in the West of Shetland basin could lead to more fields being approved according to a report by Wood Mackenzie.

News Release

7 Btpa of carbon capture needed to meet net zero by 2050

16 October 2023

Speaking at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference in Houston, Mhairidh Evans, head of CCUS research for Wood Mackenzie, said that urgency is needed to meet the seven billion tonnes carbon capture (Btpa) required to meet net zero goals in 2050.

News Release

Oil prices likely to be lower in 2025 than last year

18 March 2025

Brent crude oil prices are projected to average $73 per barrel in 2025, down $7 per barrel per barrel from 2024, according to Wood Mackenzie’s latest monthly oil market outlook. The $73 per barrel forecast for this year is revised down $0.40 per barrel from the early February monthly report.

News Release

Solar adds more new capacity to the grid in 2024 than any energy technology in the past two decades

11 March 2025

The United States installed a record-breaking 50 gigawatts (GW) of new solar capacity in 2024, the largest single year of new capacity added to the grid by any energy technology in over two decades. According to the U.S. Solar Market Insight 2024 Year in Review report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, solar and storage account for 84% of all new electric generating capacity added to the grid last year.

News Release

Wood Mackenzie launches Lens Power & Renewables

04 March 2025

Wood Mackenzie, the global insight business for renewables, energy, and natural resources, has launched Lens Power & Renewables, a new suite of products with interconnected data, analytics, and insights to navigate the energy transition.

News Release

Golden Pass LNG project delay to impact global gas markets with removal of new supply, according to Wood Mackenzie

02 August 2024

The new six-month delay to the Golden Pass LNG Terminal LLC planned start-up in Texas will remove a fair amount of new supply from the market in a period of intense growth, shifting the surge from 2026 to 2027 and impacting both the global and North American gas markets, according to analysis from Wood Mackenzie.

News Release

US energy storage market sets Q1 capacity installation record

18 June 2024

The U.S. energy storage market set a first-quarter record for capacity installed in Q1 2024, with 1,265 megawatts (MW) deployed across all segments. This marks the highest storage capacity ever installed in a first quarter in the U.S., representing an 84% increase from Q1 2023.

News Release

Wood Mackenzie and Let’s Share the Sun donate solar PV and energy storage system to women’s shelter in Puerto Rico

08 March 2024

On International Women’s Day, Wood Mackenzie, in partnership Let’s Share the Sun and other third parties, dedicated 51 solar panels and battery storage to a shelter for victims of domestic violence in Puerto Rico. The fully installed 25 kW-DC system will provide a significant portion of the shelter’s power needs.

News Release

Government tenders to drive 102 GW of global renewable capacity in 2024

07 March 2024

More than 100 gigawatts (GW) of global renewable energy capacity is expected to be tendered in 2024. With more than 60 GW to be offshore wind, the overall volume is set to grow as the year progresses and will match 2023 levels.

News Release

Asia Pacific could become a global leader in the energy transition

21 February 2024

Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.

News Release

Global refinery capacity totalling 3.6 million b/d at high-risk of closure

29 March 2024

As much as 3.6 million barrels a day (mmbd) of global refinery capacity has been assessed as being under high-risk of closure, according to Wood Mackenzie’s latest refinery closure threat analysis.

News Release

Circular economy not fulfilling promise

18 July 2024

The circular economy, a critical strategy for delivering a lower-emission, more sustainable future by reusing materials and minimising waste has made disappointingly little impact on the global plastics industry in the last decade as it struggled to navigate traditional value chains and business practices according to a new report by Wood Mackenzie.

News Release

LNG truck sales impacting Chinese road diesel demand

26 July 2024

China’s sales of heavy-duty trucks powered by liquefied natural gas (LNG) rose from below 10% to reach as much as 30% of the market in the latter months of 2023 resulting in the displacement of over 8% of road diesel demand in the country according to a report by Wood Mackenzie.

News Release

Shell's acquisition of Pavilion's LNG assets strengthens Singapore's position as a global LNG hub

26 June 2024

The recent acquisition of Pavilion's LNG assets by Shell is expected to strengthen Singapore's position as a global LNG trading and bunkering hub, according to analysis by Wood Mackenzie. “The acquisition will position Shell as the main user of the Singapore LNG (SLNG) terminal,” says Johnson ...

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Search results: 858

US community solar sector market forecast to grow 7 GWdc by 2027

Net zero scenario to require 9.7 Mt of new copper supply over next decade

Industry leaders to speak at Wood Mackenzie’s Grid Edge Innovation Summit 2022

US could see $100B of new LNG projects in the next five years

Public EV charging market in North America on track for rapid growth

A supercharged China could turn up the heat on global commodities

Industry leaders to speak at Wood Mackenzie’s Solar & Energy Storage Summit 2023

Australian operators need to collaborate to create super basins

US solar market registers best first quarter in industry history as supply chains stabilize and Inflation Reduction Act takes hold

U.S. and Japan will struggle to hit ambitious hydrogen targets

Australia leads global market for battery energy storage systems

A revitalised oil and gas sector can play a key role in Indonesia’s energy transition

High European gas storage levels quell price spike fears during Norway’s field maintenance season

Cumulative US community solar capacity expected to break 6 GW in 2023, despite interconnection and siting headwinds

Industry leaders to speak at Wood Mackenzie’s Hydrogen Conference

US renewables annual capacity additions to nearly triple in 10 years

Rosebank oil field reaches FID

7 Btpa of carbon capture needed to meet net zero by 2050

Oil prices likely to be lower in 2025 than last year

Solar adds more new capacity to the grid in 2024 than any energy technology in the past two decades

Wood Mackenzie launches Lens Power & Renewables

Golden Pass LNG project delay to impact global gas markets with removal of new supply, according to Wood Mackenzie

US energy storage market sets Q1 capacity installation record

Wood Mackenzie and Let’s Share the Sun donate solar PV and energy storage system to women’s shelter in Puerto Rico

Government tenders to drive 102 GW of global renewable capacity in 2024

Asia Pacific could become a global leader in the energy transition

Global refinery capacity totalling 3.6 million b/d at high-risk of closure

Circular economy not fulfilling promise

LNG truck sales impacting Chinese road diesel demand

Shell's acquisition of Pavilion's LNG assets strengthens Singapore's position as a global LNG hub