• News Release

  Russia-Ukraine war could slow global economic growth to 2.5% this year

  • 12 4月 2022

  Global economic growth could slow to 2.5% year-on-year in 2022 and 0.7% in 2023 due to the Russia-Ukraine war, says Wood Mackenzie.

• News Release

  How the energy transition can reduce the risk of future shocks

  • 21 4月 2022

  Five key lessons from today's energy crisis on how to manage the shift to lower-carbon sources while strengthening energy security

• News Release

  Look beyond bid price and lease fees to win in trillion-dollar offshore wind sector

  • 18 5月 2022

  Cumulative global capex spend in the offshore wind sector is expected to hit US$1 trillion by 2031, according to a new report by Wood Mackenzie. However, investors will no longer only be competing on price alone.

• News Release

  UK government swoops on North Sea windfall profits

  • 27 5月 2022

  Wood Mackenzie’s research indicates that UK North Sea oil and gas producers are making more profits than ever before, in an era where the industry is in progressive decline.

• News Release

  U.S. Solar Industry Sees Worst Quarter Since 2020

  • 07 6月 2022

  The U.S. solar industry had its lowest quarter of installations since the start of the coronavirus pandemic, according to the U.S. Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business. In Q1 2022, price increases and supply chain constraints continued to suppress the solar market as the industry installed 24% less solar capacity than Q1 2021.

• News Release

  US commercial solar project acquisitions see dramatic price variation over 2018-2021

  • 08 6月 2022

  US commercial solar project acquisitions continue to attract investor attention as interest in ESG investing grows. Today’s buyers and sellers of commercial solar projects are contending with the opposing dynamics of higher interest rates and increasing power prices. These findings come from the Commercial Solar PV Project Acquisition Trends report released today by Wood Mackenzie, a Verisk business (Nasdaq: VRSK), and Open Energy Group (OEG), a technology-driven marketplace for renewable energy asset sales and project finance.

• News Release

  Recycling alone can ease raw materials supply pressure but cannot meet demand

  • 13 6月 2022

  While recycling can relieve some pressure from the supply deficit of battery raw materials, it will not be able to meet demand, says Wood Mackenzie.

• Comment

  Major energy players raise the game in green investments in Asia

  • 15 6月 2022

  BP confirmed today that it picked up over 40% stake in the Asian Renewable Energy Hub project to produce and export green hydrogen in Australia.

• News Release

  Global top 10 solar PV inverter vendors account for 82% of market share

  • 08 7月 2022

  Global top 10 solar photovoltaic (PV) inverter vendors shored up 82% of market share in 2021, increasing by 2 percentage points compared to 2020, says Wood Mackenzie.

• Opinion

  Asia’s decarbonisation ambition isn’t matching reality

  • 07 7月 2022

  Without action, a disorderly energy transition across Asia Pacific is looming.

• News Release

  Energy transition may shave 2% off global GDP by 2050

  • 20 1月 2022

  The world has the means, motive and opportunity to cap global warming to the 1.5°C limit agreed in the Paris Climate Accord, new research released today by Wood Mackenzie, a Verisk company (Nasdaq: VRSK) shows. But there will be tangible economic implications of an accelerated energy transition. While global economic output is likely to take a hit until 2050, it could be recoverable by the end of the century, according to Wood Mackenzie.

• Comment

  China’s GDP to further decelerate in Q4 2021

  • 01 12月 2021

  China’s economy has faced headwinds from flooding, Covid outbreaks and power rationing in H2 2021. This resulted in a steeper-than-expected economic slowdown for the third quarter, says Wood Mackenzie

• Comment

  Woodside confirms potential merger with BHP's petroleum business

  • 16 8月 2021

  Woodside has confirmed it is in discussions with BHP over a potential merger involving BHP’s entire petroleum business.

• News Release

  Oil price windfall a ‘golden opportunity’ to speed up sector’s decarbonisation

  • 19 8月 2021

  – Oil and gas companies must use the current cash flow windfall opportunity to speed up decarbonisation of their businesses, global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK) said in a report released today.

• News Release

  Global energy storage set to triple in 2021

  • 07 10月 2021

  New research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK), shows annual global storage deployments will nearly triple year-on-year, reaching 12 GW/28 GWh in 2021. Across the world, economic recovery is top of mind for politicians, with renewable energy integration taking centre stage. Despite disruptions from the Covid-19 pandemic, Wood Mackenzie’s Global Energy Storage Outlook, released today, forecasts nearly 1 TWh of total demand from 2021-2030.

• News Release

  China could ease restrictions on Australian coal and increase supply to alleviate power crunch

  • 08 10月 2021

  Wood Mackenzie believes that Chinese authorities could allow customs clearance of stranded Australian thermal coal. In addition, the local governments in Yulin region of Shaanxi province and Inner Mongolia have announced yesterday that they will be increasing coal supply to meet demand.

• Comment

  Low-carbon fuels could play a role in Asia Pacific’s decarbonisation efforts

  • 25 10月 2021

  Minister for Trade and Industry Gan Kim Yong said today that Singapore plans to import around 30 per cent of its electricity from low-carbon sources by 2035.

• Comment

  Colonial Pipeline cyberattack may benefit European refiners

  • 10 5月 2021

  The 2.5 million barrels per day (b/d) Colonial Pipeline moves roughly 45% of the US East Coast's supply of gasoline, diesel, and jet fuel from the Gulf Coast. The duration of the outage following the cyberattack on 7 May 2021 is uncertain. In the short term, Wood Mackenzie expects fuel demand and prices to rise in PADD 1, prompting refined fuel inventories to decline and PADD 1 refiners to maximize production.

• News Release

  OPEC+ maintains production plan

  • 27 4月 2021

  OPEC+ is, as expected, holding firm to its decision to increase supply, gradually and carefully, over the coming months.

• News Release

  Australia’s low-carbon hydrogen trade could be worth up to US$90 billion in 2050

  • 17 6月 2021

  Low-carbon hydrogen could become a US$50 billion to US$90 billion export industry for Australia in 2050, says Wood Mackenzie.

• Comment

  Supply outlook tightens as OPEC+ prepares to meet

  • 01 7月 2021

  As OPEC+ meets on 1 July, oil prices are supported by tightening oil market fundamentals for the second half of 2021. Global natural resources consultancy Wood Mackenzie forecasts total oil demand to rise 5.9 million barrels per day (b/d) year-on-year for 2021.

• Comment

  ArcelorMittal to take green steel honours with Sestao plan

  • 13 7月 2021

  European steelmaker ArcelorMittal today announced plans to become the world’s first steelmaker to produce fossil-free steel using virgin iron. ArcelorMittal, the world’s second largest steelmaker and Europe’s largest producer, plans to produce fossil-free steel via a process known as H-DRI-EAF.

• Comment

  What would an EU carbon border adjustment mechanism mean?

  • 14 7月 2021

  The EU Commission proposed a carbon border adjustment mechanism (CBAM) as part of today’s “Fit for 55” package. James Whiteside, global head of multi-commodity research at Wood Mackenzie, said: “As the first mechanism of its kind, the CBAM is being designed in consultation with industry to avoid unintended consequences. “A CBAM that does not cover a substantial portion of the production chain will encourage carbon leakage - pushing emissions beyond the borders of the EU or shifting competition between EU and non-EU producers to the next stage of the value chain.”

• News Release

  EU’s ‘Fit for 55’ lays out bloc’s green blueprint

  • 14 7月 2021

  Europe is at the forefront of the shift to net zero, both in ambition, but also in terms of how to make rapid and deep decarbonisation a reality. The world needs to reduce carbon dioxide (CO2) emissions as quickly as possible. Not doing so means we will need to turn to expensive and unproven technologies to withdraw CO2 from the atmosphere later this century.

• Comment

  Slower H2 demand across most commodities in China

  • 28 7月 2021

  Demand across most commodities in China is expected to slow down in the second half of 2021, according to Wood Mackenzie’s new monthly China Economic Focus report.

• Comment

  Japan’s new 2030 energy mix unveils radical plans to transform the energy system

  • 27 7月 2021

  Last week, Japan’s Ministry of Economy, Trade and Industry (METI) released a draft of its upcoming 6th Strategic Energy Plan which included major changes to the FY2030 power generation mix targets.

• Comment

  Bumpy road ahead as SEA navigates energy transition but opportunities aplenty

  • 04 8月 2021

  Wood Mackenzie is organising the 2021 Southeast Asia Energy Forum today. Experts will be discussing key issues and opportunities facing the region’s energy industry over the coming decades.

• News Release

  OPEC+, Covid-19 and energy transition – 3 themes impacting oil markets and refining in 2021

  • 28 1月 2021

  Wood Mackenzie’s latest outlook report shows that the art of balancing oil markets and the refining sector in 2021 hinges upon three key themes – OPEC+ production, Covid-19 developments, and the energy transition.

• News Release

  Europe needs to change course to hit 2030 emissions target

  • 18 2月 2021

  Europe’s new 2030 emissions target of a 55% reduction over 1990 levels has made it the undisputed global leader in climate ambition. However, with the region still a long way from achieving this rapidly approaching goal, dramatic changes are needed.

• News Release

  China’s green ambitions can complement energy security and economic goals

  • 18 3月 2021

  Wood Mackenzie’s latest report reveals that China’s march towards carbon neutrality by 2060 can complement both energy security and economic goals.