Long-term pause in new US LNG investment could transform market

• 31 1月 2024

Addressing President Joe Biden’s Executive Order to temporarily pause the approval of new US LNG export projects right to export to countries that the US does not have a Free Trade Agreement (FTA) with (non-FTA), Giles Farrer, head of gas and LNG asset research at Wood Mackenzie said, “the decision will not affect our forecast for US LNG exports out to 2028, but after that it could affect the trajectory and pace of the sector’s growth and have potential to tighten the market in the long run.”

Saudi Aramco’s shift to abandon its 13 million b/d capacity target likely to be absorbed by the market

• 01 2月 2024

Addressing the Saudi Ministry of Energy’s instructions to Saudi Aramco to abandon its 13 million barrels per day (b/d) target and maintain 12 million b/d, Ann Louise Hittle, vice president of Oil Markets for Wood Mackenzie, said “Based on our forecast for oil demand to peak in 2030, the shift to a 12 million b/d target from 13 million b/d should be absorbed in the market and not cause a tightening in the supply and demand balance this decade.”

Lens Gas & LNG Assets Discovery

Comprehensive global Gas & LNG asset data to guide critical decisions and uncover the drivers of commercial structure, asset performance, and value.

Call of duties: how emission taxes on imports could transform the global LNG market

• 21 3月 2024

In this March edition of Horizons, we assess the carbon intensity of LNG projects around the world and consider the implications of carbon tax scenarios across a range of importing countries.

Enlit Asia 2022

• 03 8月 2022

Get the unique view from the official knowledge partner of Enlit Asia | 20-22 September

Pedal to the metal: iron and steel’s US$1.4 trillion shot at decarbonisation

• 15 9月 2022

The industrialised world cannot function without steel. It is essential to everything from the buildings we live in to the ways we get around. Wood Mackenzie estimates that meeting global steel demand will require 2.2 billion tonnes of production by 2050.

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.

Red metal, green demand: copper’s critical role in achieving net zero

• 20 10月 2022

The road to zero carbon will see an extraordinary build-out of low-carbon electric vehicles (EVs) and renewable power-generating capacity. And as the world reduces its dependence on hydrocarbons, metals will be a linchpin of a zero-carbon economy.

14% increase in European coal demand to be short-term trend

• 21 9月 2022

European seaborne thermal coal demand is projected to increase 14% or 12 million metric tonnes (Mt) this year to 98 Mt as it grapples with the current energy crisis.

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).

Webinar | European Power: Navigating the energy crisis

• 01 11月 2022

As Europe's energy crisis escalates, high power prices drive short-term actions to ease the burden on consumers while policy markers consider enduring, structural change in markets. The evolving background is very uncertain, making the dynamics of power markets challenging to navigate – how will these conditions shape power's ability to meet the challenges of the continuing energy transition?

Decarbonising global iron ore and steel industry by 2050 necessitates urgent action and US$1.4 trillion of investment

• 15 9月 2022

Decarbonising the steel and iron ore industry by 2050, in line with the Paris Climate Agreement, will require US$1.4 trillion of investment and revolution across every stage of the value chain. This presents an urgent challenge and enormous opportunity according to Wood Mackenzie’s latest Horizons research report, Pedal to the metal: Iron and steel’s $1.4 trillion shot at decarbonisation.

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.

2022 – A year of rebalancing for metals and mining

• 25 1月 2022

If 2021 was the year of rebound for metals and mining (M&M) commodities, then 2022 is shaping as the year of rebalance, says Wood Mackenzie.

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.

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.

How are oil and gas companies using carbon offsets to decarbonise?

• 07 3月 2022

Offsetting can be both a decarbonisation tool and a financial instrument – but cannot replace carbon mitigation solutions.

Let's Share the Sun

• 07 3月 2022

Wood Mackenzie and Let’s Share the Sun Foundation aspires to facilitate the use of solar energy in poor communities around the world. Together our mission is to raise funds to support energy access in Puerto Rico.

Coal prices spike as Russia-Ukraine crisis escalates

• 03 3月 2022

The Russia-Ukraine crisis has shocked the coal and the broader energy markets, with spikes in Newcastle prices observed in recent days, says Wood Mackenzie.

Australian alumina and bauxite ban to further disrupt UC Rusal’s supply chain

• 21 3月 2022

The latest sanctions by the Australian government in banning exports of alumina and bauxite to Russia adds further disruption to UC Rusal’s supply chain and ultimately on its ability to maintain normal primary aluminium production levels.

Fair and transparent fiscal terms key to accelerating transition resource investments

• 21 4月 2022

The race is on in the exploration and development of transition resources required for global decarbonisation. However, the investment environment needs to be more conducive, and the establishment of fair and transparent fiscal policies could be the key, says Wood Mackenzie.

Security alert: five lessons from the energy crisis

• 21 4月 2022

The crisis caused by Russia’s invasion of Ukraine is the most significant shock to world energy markets since the 1970s. Read more.

Webinar | Next generation PV: Utilizing ultra high power modules

• 19 5月 2022

The world is committed to carbon neutrality and building a new power system with the energy transition that is underway. The global PV industry has entered its fastest-growing period by leaps and bounds. As for PV field, only a lower LCOE and higher value can accelerate the replacement of fossil energy such as coal and crude oil, and promote the realization of the "dual carbon" goals.

Sea change: navigating the trillion-dollar offshore wind opportunity

• 18 5月 2022

Offshore wind is poised to become one of the key technologies powering the decarbonisation of the global economy. Read more.

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.

Can the rest of the world repel China’s magnetic pull over rare earth metals?

• 19 5月 2022

By investing across complex supply chains, Chinese companies have integrated rare earth mining, processing, metal production and magnet manufacturing, allowing China to then dominate high value-add sectors including drivetrains for electric vehicles and generators for wind turbines.

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.

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.

Eni makes discovery of the year, named most-admired upstream explorer

• 17 6月 2022

Italian major Eni has, for the fourth time in seven years, been named the upstream industry’s most-admired explorer, an accolade awarded as part of Wood Mackenzie’s industry-leading annual Exploration Survey.

Energy super basins: where the renewable, CCS and upstream stars align

• 21 7月 2022

The world’s need for sustainable energy is set to change the geography of the oil and gas industry, increasingly entwining it with renewables. The upstream industry of the 2030s and beyond, therefore, must focus on where its synergies with new energies are strongest.