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The United States added a record-breaking 9.3 gigawatts (GW) of new solar module manufacturing capacity in Q3 2024. At full capacity, U.S. solar module factories can produce enough to meet nearly all demand for solar in the United States.
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.”
Phase #2 would, lift capacity to 420kt/a, but construction work has yet to start. A further 300kt/a line, taking site capacity to 720kt/a, but is not included in our base case. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This report contains a detailed asset note…
This 420-ktpa smelter obtained replacement capacity quotas mainly from internal Chalco or Yunnan Aluminium and further expanded their strategic development in hydropower-based Yunnan province. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This report contains a detailed…
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.
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.
Are the EU’s new targets a drop in the ocean?
Global floating solar demand is expected to grow by an average of 22 percent year-over-year from 2019 through 2024.
How does the region move rapidly towards a pathway to decarbonisation in line with Paris Agreement goals, while ensuring continued economic growth and competitiveness?
Governing and regulating the metals and mining sector is becoming more complex. Governments need to balance an increasingly wide range of interests in order to maximise the long-term benefit of mineral resources. Learn how Wood Mackenzie can help.
Is crude-to-chemicals integration just another industry buzzword or is it the way forward for oil and chemical companies?
President Trump seeks to rescue pipeline builders from permitting purgatory
With Chevron’s US$50 billion cash-and-stock acquisition of Anadarko, the big three becomes the big four.
What makes some oil plays more valuable than others? The answer: big discoveries in excellent reservoirs that are cheap to exploit. Few places on earth do all three. Brazil does. Simon Flowers visits this global hotspot.
While smaller E&Ps are being forced to tap the breaks in the Permian shale basin, Exxon and Chevron have laid out ambitious production targets for the next four to five years.
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