• Opinion

  OPEC+ strikes a deal to avoid oil glut

  • 04 12月 2020

  The production cuts agreed by the OPEC+ group in April have been highly effective in rebalancing the oil market after the pandemic sent demand plunging. With hopes growing of a stronger rebound next year, some countries, led by the United Arab Emirates, have been calling for OPEC+ to stick to its plan to allow almost 2 million b/d of extra production in January. But demand is expected still to be weak in the first quarter at least, as the Covid-19 vaccines begin to be rolled out. An OPEC+ production increase of that size would have risked an oversupplied market and falling crude prices. Facing that risk, the OPEC+ ministers pulled back from the brink and agreed a production increase of just 500,000 b/d, to be reviewed for possible further increases every month.

• The Edge

  The Euro Majors’ big bet on new energy

  • 04 12月 2020

  The Euro Majors are building new energy businesses as a key part of net carbon-neutral targets for 2050. How and when will they be able to demonstrate value from renewables investments?

• Horizons

  Taking the strain: how upstream could meet the demands of a delayed energy transition

  • 16 1月 2025

  We answer five key questions in this edition of Horizons. Where would the additional oil and gas supply come from? Could the supply chain cope? How much more upstream investment would be needed? How would cost inflation affect the price of oil and gas? And can the industry amend its disciplined approach?​

• News Release

  Record year for Chinese overseas power projects: 24 GW installed in Belt & Road countries

  • 27 1月 2025

  Chinese companies have made a significant milestone in their overseas power development, installing a record 24 gigawatts (GW) of capacity in Belt & Road (B&R) countries in 2024, according to a new report from Wood Mackenzie. This record number marks a doubling of the capacity installed in 2023 a...

• News Release

  Top ten solar PV module manufacturers show resilience in H1 2024 despite facing significant headwinds, Wood Mackenzie says

  • 23 1月 2025

  solar ranking

• News Release

  India needs US$4.3 billion government support to enable CCUS adoption

  • 06 3月 2025

  India needs US$4.3 billion government support to enable CCUS adoption The country to account for close to 15% of Asia Pacific’s CCUS capacity by 2050

• News Release

  Trade and supply chain barriers delay impact of historic clean energy law

  • 13 12月 2022

  The U.S. added 4.6 gigawatts (GW) of new solar capacity in Q3 2022, a 17% decrease from the same quarter last year as trade barriers and ongoing supply chain constraints continue to slow America’s clean energy progress. These disruptions will cause a 23% decline in solar installations this year compared to 2021, according to the U.S. Solar Market Insight Q4 2022 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business.

• News Release

  Q3 U.S. grid-scale energy storage market sets new record

  • 15 12月 2022

  The U.S. energy storage market grid-scale segment installed a record 4,733 megawatt-hours (MWh) in the third quarter of 2022, surpassing the previous quarterly high of 4,598 MWh in Q1 of 2021, according to a new report released today. On a single charge, this amount of battery storage could power over 150,000 U.S. homes for a day.

• News Release

  Long-duration energy storage projects attract more than US $58 billion investment over last three years

  • 07 12月 2022

  Long-duration storage energy (LDES) projects around the world have attracted more than US $58 billion in commitments made by governments and companies since 2019. If all these projects went forward, it would lead to the installation of 57 gigawatts (GW) of LDES – the equivalent of three times the global energy-storage capacity deployed in 2022, according to analysis from Wood Mackenzie.

• News Release

  Potential US refined oil product export ban would challenge already constrained global markets and refining systems

  • 25 10月 2022

  A proposed US refined product export ban would save US consumers at the gasoline pump but pose significant challenges and costs to US and global refining systems, according to a recent analysis from Wood Mackenzie.

• Content

  Avoiding pand-ammonia: how to kick-start a global low-carbon ammonia industry

  • 17 11月 2022

  Ammonia shapes modern life in every way imaginable. As the basis for all nitrogen fertilisers, industrial ammonia has truly changed the world.

• News Release

  Wood Mackenzie launches Lens Gas & LNG

  • 15 11月 2022

  Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector, has launched Lens Gas & LNG, a new data analytics solution that offers a uniquely integrated view that connects markets and assets on a global scale.

• News Release

  LNG exports drive expansion of North American natural gas market, adding 29 bcfd of production by 2033

  • 17 11月 2022

  Driven by a surge in LNG exports, the North America natural gas market will support 29 billion cubic feet per day (bcfd) of production from 2022-2033, tripling its current market size, according to a new report from Wood Mackenzie.

• News Release

  OPEC+ prepares for market uncertainty with continued 2 million b/d production cut

  • 06 12月 2022

  Speaking after today’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said “The decision by OPEP+ to continue with its recently agreed 2 million barrels per day (b/d) production cut through the end of 2023 is not a surprise, given the uncertainty in the market over the impact of the 5 December EU Russia crude oil import ban and the G7 price cap. In addition, the producers group faces downside risk from the potential for weakening global economic growth and China’s zero Covid policy.”

• News Release

  New mid-caps in Brazil aim to increase mature asset reserves almost 1 billion boe by 2035

  • 06 12月 2022

  With Petrobras divesting in many of its mature assets, new mid-cap upstream operators entering the Brazilian market will invest US$10 billion in capital investments during the next decade, boosting the production from these assets through 2027 and increasing remaining reserves by 980 million barrels of oil equivalent (mmboe) by 2035, according to a report from Wood Mackenzie, a Verisk business.

• Opinion

  Debut of the first EU carbon border tax

  • 30 1月 2023

  In December, 2022, the EU reached a provisional agreement on a first-of-its-kind Carbon Border Adjustment Mechanism (CBAM).

• Webinar

  Wood Mackenzie at Canada West Foundation 2023

  • 14 2月 2023

  Join us as we share our views around Canadian LNG exports and future opportunities to support Japan and Korea’s energy needs.

• Content

  Meet the apprentices

  • 27 1月 2023

  Meet the WoodMac Apprentices! An insider view from the next generation of successful WoodMackers

• Content

  Products Security and Privacy

  • 25 1月 2023

  Supply Chain Intelligence Platform TOUs Supply Chain Intelligence Platform Privacy Statement

• News Release

  US climate bill to boost domestic annual renewables investment to nearly US$114 billion by 2031

  • 19 1月 2023

  The Inflation Reduction Act (IRA), flagship legislation focused on accelerating decarbonisation in the US, will significantly boost annual investment into renewable energy deployment in the region. A rise from US$64 billion in 2022 to nearly US$114 billion is expected by 2031, according to Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

• News Release

  Norway to earn over US$200 billion from oil and gas sector in 2023

  • 16 1月 2023

  Norway’s oil and gas operations in the North Sea will continue to churn out cash as the Scandinavian country maintains high production to help support Europe’s energy crisis according to a report by Wood Mackenzie.

• News Release

  Wood Mackenzie Launches the Electric Vehicles and Battery Supply Chain Service at Mining Indaba 2023

  • 06 2月 2023

  Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector, today launched the Electric Vehicles and Battery Supply Chain Service (EVBSC) at the Mining Indaba 2023 conference in Cape Town, South Africa. The EVBSC is a new product that provides end-to-end detailed analysis and forecasts of the electric transportation value chain including quarterly long-term outlooks to 2050 and 10-year forecasts, and monthly short-term reports and data for EV, Li-ion battery and raw materials (lithium, nickel, cobalt, graphite and manganese) markets.

• News Release

  Global hydrogen pipeline plummets in Q4, with only 1Mtpa of new projects announced

  • 23 2月 2023

  The total global announced capacity for hydrogen projects reached 71.4 million tonnes per annum (Mtpa), but 2022 falls short of becoming a record year according to latest analysis from Wood Mackenzie.

• News Release

  US community solar growth slowed 16% in 2022; national market expected to double by 2027

  • 15 2月 2023

  US community solar installed capacity declined 16% in 2022 compared to last year, primarily driven by interconnection delays hindering growth in key state markets such as Massachusetts, Maine, and Maryland. Industry-wide supply chain constraints also pushed project timelines into 2023, according to the latest report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA).

• News Release

  Renewable power competitiveness in Asia Pacific worsened in 2022

  • 14 2月 2023

  The levelised costs of electricity (LCOE) for utility solar and onshore wind in Asia Pacific were up 16% and 12% respectively since 2020, as equipment, construction costs and interest rates rose in the region. The trend is expected to reverse in 2023, but volatility risks including geopolitical tensions, trade policy and financing remain according to latest analysis from Wood Mackenzie.

• Webinar

  EV charging energy management for workplaces, businesses and fleets

  • 12 4月 2023

  PowerFlex joins Wood Mackenzie on this webinar replay to discuss important energy management tools and strategies for installing and operating EV charging solutions onsite.

• News Release

  Global policy support for nuclear expands to address challenges of reliable, low-carbon energy supplies

  • 22 3月 2023

  As nations look for more low-carbon energy supplies, many are adjusting energy policies to support new nuclear projects and developing new technologies that will make this energy source more cost-competitive, according to a new report from Wood Mackenzie.

• Content

  About Us

  • 17 3月 2023

  Over the past four decades, we've grown into a global energy research & consultancy business that provides data & intelligence to our clients. Find out more.

• Content

  About Us: Our People

  • 15 3月 2023

  Meet our team driving our vision. From analysts, consultants, data scientists & strategists. Our diversity helps us to stay close to you & your needs.

• News Release

  US energy storage market continues to expand rapidly

  • 15 3月 2023

  Across all segments of the industry, the U.S. energy storage market installed 4.8 gigawatts (GW) of capacity in 2022, nearly equal to the combined 2020 and 2021 installed capacity of 5 GW, becoming a record year for battery storage. This is according to ACP and Wood Mackenzie’s latest U.S. Energy Storage Monitor report released today.