• 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

  Oil and gas companies must be bold as energy transition sets tone for 2022

  • 09 12月 2021

  It’s set to be an action-packed year for Majors, Independents and national oil companies alike. Big choices will set strategic trajectories for the energy transition ahead. New research from Wood Mackenzie, a Verisk business (Nasdaq:VRSK), indicates that oil and gas companies are likely to be bold in 2022. Formidable cash flow generation, increasing new energy opportunities and the development of a carbon market are a powerful force for change.

• News Release

  Is CCS the upstream sector’s silver bullet?

  • 11 8月 2021

  We may only be halfway through 2021, but it is already shaping up to be a breakthrough year for carbon capture and sequestration (CCS) to emerge as a viable tool for upstream companies to decarbonise operations. Although the concept has been around for decades, CCS is moving into the mainstream. All the industry’s largest companies now plan to use sequestration to help them reach their decarbonisation targets.

• 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

  CCS could have material impact on carbon emissions of LNG projects

  • 25 8月 2021

  The use of carbon capture and storage (CCS) could have a material impact on LNG projects’ carbon emissions. Depending on the strategy adopted, more than 25% of overall carbon emissions could be removed, 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

  Energy transition represents a US$14 trillion uncertainty for upstream oil and gas

  • 20 5月 2021

  The energy transition represents US$14 trillion worth of uncertainty for upstream oil and gas, according to a new report by Wood Mackenzie.

• News Release

  UK charts course for net zero North Sea

  • 06 5月 2021

  The UK government and the country’s oil and gas sector recently agreed a deal to leverage the upstream industry's capabilities, accelerate the energy transition and help the North Sea reach net zero by 2050.

• News Release

  Action to achieve Paris climate goals will upend oil and gas prices

  • 15 4月 2021

  If the world acts decisively to limit global warming to 2°C by 2050, the scale of change will revolutionise the energy industry. Progressive electrification will squeeze the most polluting hydrocarbons out of the energy mix, nearly eliminating their markets. Oil demand will shrink, and with it, so will the power of major oil producers. Gas demand will remain resilient, but business models will need to evolve.

• News Release

  TotalEnergies named industry’s most-admired explorer

  • 31 5月 2021

  For the second consecutive year, French major TotalEnergies has been named the upstream industry’s most-admired explorer, an accolade awarded as part of with Wood Mackenzie’s industry-leading annual Exploration Survey.

• 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

  Long-term LNG set to remain a buyers’ market

  • 15 6月 2021

  The liquefied natural gas (LNG) long term contract market and LNG spot market are travelling in opposite directions. The long-term buyers’ market is only likely to end when it becomes clear that demand will outstrip new supply available from Qatar and Russia, global energy consultancy Wood Mackenzie said.

• 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.

• News Release

  Wood Mackenzie scales data analytics across the energy transition by adding Quinbrook as a Lens Power Development Partner

  • 21 6月 2021

  Wood Mackenzie, the leading provider of commercial intelligence for the world’s natural resources sector, today welcomes Quinbrook Infrastructure Partners as a development partner for the industry-leading Lens decision intelligence platform.

• News Release

  Gold miners on track to align with 2°C climate target by 2030

  • 23 6月 2021

  The global gold industry is broadly on track to align with a 2°C climate target by the end of the current decade. However, more action is required if the industry is to meet – and surpass – the 1.5°C mark, according to a new report from Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

• News Release

  Battery electric vehicles to dominate vehicle sales by 2050

  • 28 6月 2021

  Battery electric vehicles (BEVs) will be the dominant form of road transport by 2050, accounting for 56% of all vehicle sales that year, according to new research from Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

• News Release

  Carbon removal key to meeting Paris Agreement target

  • 24 6月 2021

  Achieving the 2°C goal of the Paris Agreement will require more than simply avoiding carbon. To cap global warming at 1.5°C or even 2°C, carbon removal will be essential. Research from global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq:VRSK), shows the key to effective large-scale carbon removal is unlocking potential economies of scale through basin-wide carbon capture and storage (CCS), effectively providing a community answer to a global problem.

• News Release

  Asia Pacific solar PV capacity to triple to 1,500 GW by 2030

  • 13 7月 2021

  Asia Pacific solar photovoltaic (PV) capacity could triple to 1,500 gigawatts (GW) by 2030, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).

• News Release

  Community solar stakes claim in US power market

  • 27 7月 2021

  Community solar is taking an increasing slice of market share in the US. State-level programs and incentives fueled a record-breaking year of growth in 2020, accounting for 37% of annual non-residential solar capacity – up from just 13% in 2016. Now, with new programs emerging and mature markets facing challenges, can the sector maintain its growth?

• News Release

  Future of gas in energy transition to be defined in 2021

  • 14 1月 2021

  2021 will be a defining year for the gas and LNG industry, says Wood Mackenzie in its latest outlook report.

• News Release

  Europe's Green Deal and pandemic recovery to take centre stage in 2021

  • 07 1月 2021

  With hopes of vaccines setting a better course for 2021, this year will see policymakers and market participants focus on initial but substantive steps towards net-zero objectives.

• News Release

  Resilience and sustainability to be core oil and gas themes of 2021

  • 19 1月 2021

  Wood Mackenzie’s latest analysis reveals that sustainability and resilience will be at the heart of the oil and gas industry story in 2021.

• News Release

  Climate commitments to top energy and mining agendas in 2021

  • 27 1月 2021

  What are the biggest emissions trends to watch this year? James Whiteside, Wood Mackenzie Global Head of Multi-Commodity Research, and Amy Bowe, Wood Mackenzie Head of Carbon Research, see five key themes

• News Release

  Australia should revise RET policy; more ambitious target needed to unlock investments

  • 04 2月 2021

  Australia needs an ambitious long-term Renewable Energy Target (RET) policy to unlock future investments, says Wood Mackenzie.