• News Release

  Southern cone gas and power market to invest US$46 billion in gas production and US$94 billion in new power supply through 2033

  • 30 11月 2023

  Driven by advances in batteries and lower costs, solar will outpace wind growth rates and become the leading technology for expansion over the next ten years in Argentina, Brazil, and Chile. The total solar market is set to add 48 gigawatts (GW) of utility and distributed projects, while wind will add 31 GW of onshore projects through 2033, with the total investment in new power supply leading to a cumulative capacity of 400 GW by 2033, based on a new analysis from Wood Mackenzie.

• News Release

  Emissions-free supply expected to rise to 85% by 2030 in Europe

  • 29 11月 2023

  The European power market will see its carbon intensity plummet as the region pursues ambitious climate-energy policies but flexibility is key to enable this change, according to Peter Osbaldstone, Research Director, Europe Power & Renewables at Wood Mackenzie.

• News Release

  Oil & gas Majors share just 8% of global low-carbon hydrogen capacity

  • 06 12月 2023

  Oil and gas Majors have just an 8% market share of announced global net low-carbon hydrogen production capacity, which equates to 102.6 million tonnes per annum (Mtpa), according to latest analysis from Wood Mackenzie. The Majors are focused on getting small-scale projects operational before 2030 to pave the way for industrial scale-up next decade.

• News Release

  Solar Poised for Record-Setting 2023 while Economic Challenges Mount

  • 07 12月 2023

  The U.S. solar industry added 6.5 gigawatts (GW) of new electric generating capacity in Q3 2023, a 35% year-over-year increase as federal clean energy policies begin to take hold.

• News Release

  US solar market ready for rebound after tumultuous first half of 2022

  • 08 9月 2022

  Inflation Reduction Act and tariff pause provide market optimism following Q2 slowdown

• News Release

  Global wind turbine order intake breaks record in Q2

  • 12 9月 2022

  Strong activity in China pushed global wind turbine order intake to 43 gigawatts (GW) in quarter two of 2022, a new record, and up 36% from year-ago levels. This equates to an estimated $18.1 billion, according to new analysis from Wood Mackenzie.

• News Release

  Climate policies trigger 1.9% upgrade QoQ in global wind power

  • 03 10月 2022

  Global wind power is expected to see an 1.9% increase of installed capacity Quarter on Quarter (QoQ), an equivalent of 25.6 gigawatts (GW), between 2022 and 2031 according to Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

• News Release

  Latin America offshore wind to see 34 GW of installed capacity by 2050

  • 18 10月 2022

  Driven by the growth of off-grid green hydrogen projects, Latin America will see a sharp increase in offshore wind projects, with capacity reaching 34 Gigawatts (GW) by 2050, according to new analysis from Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

• News Release

  Five themes dominating China’s energy scene in 2022

  • 27 1月 2022

  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.

• News Release

  Time to act as momentum builds for CCUS and hydrogen

  • 31 1月 2022

  This year companies and governments will need to make good on the pledges they made on energy transition technologies, including carbon capture, utilisation and storage (CCUS) and low-carbon hydrogen, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK). In a new report, CCUS and hydrogen: 5 things to look for in 2022, the global energy consultancy points out the huge momentum behind both CCUS and low-carbon hydrogen in 2021, with announcements of new projects, policies and investment as COP26 spurred companies’ net zero targets.

• News Release

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

  • 08 2月 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).

• News Release

  China's renewables boom year poses major challenges to western markets

  • 17 2月 2022

  China’s renewables manufacturing has emerged from 2021 bigger and more competitive than ever before. Western markets are benefitting from trading with the IKEA of the energy transition, but balancing reliance on China’s technology providers with local interests is now a key political as well as environmental challenge, says Wood Mackenzie.

• News Release

  Solar growth trajectory remains uncertain as federal legislation stalls

  • 10 3月 2022

  In 2021, US solar prices increased as much as 18% due to unprecedented supply chain challenges, trade actions, and legislative uncertainty, according to the US Solar Market Insight 2021 Year in Review report.

• News Release

  US energy storage market sets Q4 record for new installations

  • 24 3月 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).

• News Release

  Industry leaders to speak at Wood Mackenzie’s European Power & Renewables Conference

  • 24 3月 2022

  Join executives from EDF Energy, Renewable Energy Institute and Société Générale as Europe’s energy sector gears up for critical transformation

• News Release

  Ammonia co-firing in thermal power plants could be worth US$100 billion in 2050

  • 18 5月 2022

  While hydrogen can be used in many sectors, its derivative, ammonia, has emerged as a key tool to provide flexible power generation and integrate variable renewables. Analysis by Wood Mackenzie shows that a 10% ammonia co-firing in global coal plants would translate to 200 million tonnes (Mt) of ammonia demand, a potential market of US$100 billion by 2050.

• News Release

  Soaring solar raw materials prices could thwart REPowerEU plans

  • 30 5月 2022

  The REPowerEU initiative has the potential to add at least 420 gigawatts (GW) of solar installations by 2030; however, rising solar raw material costs could become the stumbling block to achieving this goal, says Wood Mackenzie.

• News Release

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

  • 09 6月 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.

• News Release

  Wood Mackenzie Power & Renewables APAC Conference 2022 open for registration

  • 29 6月 2022

  Wood Mackenzie announces the launch of the second edition of its Power & Renewables Asia Pacific (APAC) Virtual Conference on July 26 – 28.

• News Release

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

  • 09 12月 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.

• News Release

  Wind turbine prices to rise by up to 10%

  • 16 8月 2021

  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).

• News Release

  Electric vehicle sales to vault over 6 million in 2021

  • 31 8月 2021

  Global electric vehicle (EV) sales are expected to vault over 6 million this year, says Wood Mackenzie.

• News Release

  Small modular nuclear reactors could be key to meeting Paris Agreement targets

  • 24 8月 2021

  Small modular nuclear reactors (SMR) could play a crucial role in meeting Paris Agreement targets, says Wood Mackenzie.

• News Release

  Firth of Forth net-zero hub key to achieving climate goals

  • 17 8月 2021

  The development of net zero hubs around the UK has proved a key plank of the country’s strategy towards achieving net zero by 2050. Scotland, which has a 2045 net-zero target, could advance its ambitions by establishing a net zero hub on the Firth of Forth, research from global natural resources consultancy Wood Mackenzie, a Verisk company (Nasdaq: VRSK) has found.

• News Release

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

  • 16 9月 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.

• News Release

  Major energy exporters race to lead in global hydrogen trade

  • 28 10月 2021

  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.

• News Release

  Tapping working gas volume could cushion blow of Europe’s energy crunch

  • 04 11月 2021

  European gas storage has been struggling to fill this summer. Storage at the beginning of November will be about 75% full, at 83 billion cubic metres (bcm), 14 bcm below the five-year average, rattling the market. A cold European winter could result in storage levels falling to zero by the end of March 2022, unless more Russian gas supply is available versus current export levels. But there could be an alternative available to the market should this come to pass – tapping the substantial amount of cushion gas available in Europe’s storage facilities. Global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), said using cushion gas could allow an extra 15 bcm enter the market, easing the supply crunch.

• News Release

  US energy storage market sets Q1 record for deployments

  • 08 6月 2021

  According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor’ report, 910 megawatt-hours (MWh) of new energy storage systems were brought online in Q1 2021. This is an increase of 252% over Q1 of last year, making it the biggest Q1 so far for the US storage market.

• News Release

  South Korea could be more ambitious with renewables target in 9th Basic Plan

  • 15 6月 2021

  South Korea could be more ambitious with its 9th Basic Plan’s 2030 renewables capacity target, according to research by Wood Mackenzie.

• News Release

  Japan unlikely to meet 46% emissions reduction by 2030

  • 15 6月 2021

  Japan is unlikely to reach a 46% reduction in emissions by 2030 compared to 2013 levels, according to research by Wood Mackenzie.