• News Release

  Energy transition to drive refinery and petrochemicals integration

  • 16 2月 2021

  2020 was a difficult year for the world’s refineries as the coronavirus pandemic reduced refinery utilisation and OPEC+ supply restraint narrowed crude price differentials. Despite this, integrated refinery and petrochemical sites significantly outperformed their fuels-only peers, according to Wood Mackenzie.

• News Release

  Floating offshore could be largest frontier for wind power in Asia Pacific

  • 23 2月 2021

  Floating offshore could be the next frontier in wind power development in Asia Pacific, says Wood Mackenzie.

• News Release

  US winter freeze hits global olefins market

  • 19 2月 2021

  This week’s winter storm has paralysed US petrochemical production and disrupted 15% of the global olefins market, according to Wood Mackenzie.

• News Release

  Global offshore wind O&M market to grow 16% annually to US$12 billion by 2029

  • 09 3月 2021

  Wood Mackenzie’s latest report shows that the global offshore wind operations and maintenance (O&M) market is expected to grow 16% annually to reach US$12 billion (€10 billion) by 2029.

• News Release

  Significant increase in carbon pricing is key in 1.5-degree world

  • 04 3月 2021

  Wood Mackenzie’s latest scenario report reveals that a significant increase in carbon pricing is needed to achieve the goals of limiting the rise in global temperatures to within 1.5 degrees Celsius.

• News Release

  Commercial electric vehicle charging equipment market worth over $870 billion by 2050

  • 10 3月 2021

  Government funding and zero-emission vehicle regulations are strong drivers for commercial electric vehicle (EV) adoption in every region thus far, therefore reducing the primary barrier to commercial EV adoption: cost. This policy support will see the annual market value of electric bus and truck charging outlets pass the $200 billion mark by 2045, according to Wood Mackenzie.

• News Release

  Renewable auctions no silver bullet for decarbonisation in Europe

  • 24 3月 2021

  Up to the mid-2020s, approximately 70% of wind and solar development activity will be supported by auctions. However, data from across Europe highlights that market-level dynamics are shaping the approach of would-be developers. As such, auctions alone will not be enough to deliver much-needed capacity, according to Wood Mackenzie.

• News Release

  Carbon pricing plans ‘could transform upstream oil and gas economics’

  • 31 3月 2021

  At present, few countries require producers to either pay a carbon tax or participate in an emissions trading scheme (ETS). But as governments seek to meet decarbonisation targets, that could soon change. Carbon charges are likely to come, and they will transform the upstream sector, affecting both asset values and the industry’s economics.

• News Release

  BHP’s proposed offer for Anglo American would see it reclaim position as world’s leading mining company

  • 25 4月 2024

  The $38.8 billion bid by Australia’s BHP Group, which comprises an all-share offer for the Anglo American, would create the world’s largest copper miner, but may not be high enough to satisfy shareholders of the UK company according to analysis by Wood Mackenzie.

• News Release

  Ethylene downcycle puts 24% of global capacity at some risk of closure

  • 14 5月 2024

  A series of unprecedented challenges to the global ethylene industry means that as much as 24% of global capacity is now under some threat of permanent closure according to new research by Wood Mackenzie.

• News Release

  Tesla takes Sungrow’s crown as lead global producer of battery energy storage systems in 2023

  • 08 8月 2024

  Telsa has overtaken Sungrow as lead producer in the battery energy storage system (BESS) integrator market with a 15% market share in 2023.

• News Release

  OPEC+ set for rollover but risk clouds supply outlook

  • 30 6月 2019

  As OPEC and OPEC+ meet in Vienna, the outlook for the market is mixed, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie said. “Geopolitical risk means the supply outlook is tightening, offsetting the moderate weakening in oil demand growth thus far this year,” she said.

• News Release

  China's mega crude-to-chemicals projects may deal knockout blow to regional PX exporters

  • 21 8月 2018

  Higher base chemicals demand and feedstock security for heavy naphtha are driving the development of a new wave of mega-integrated refinery and chemical sites in China. Private Chinese chemical producers, including Hengli and Rong Sheng, are back-integrating their chemical plants with refineries by building mega-integrated facilities. Wood Mackenzie expects these projects to come on stream in the next 12 to 24 months.

• News Release

  Carbon intensity regulation to make or break global low-carbon hydrogen market

  • 15 2月 2024

  The future of low-carbon hydrogen hinges on global policymakers introducing regulations and subsidies that focus on the carbon intensity of the hydrogen produced rather than its colour.

• News Release

  Gas sector impacted by triple whammy of coronavirus, oil price crash and LNG oversupply

  • 01 4月 2020

  In its latest short-term gas and LNG outlook report, Wood Mackenzie weighs the risks coronavirus, sustained low oil prices and LNG oversupply pose to the sector this year.

• News Release

  Chesapeake and Southwestern merger creates dominate player in the Haynesville

  • 12 1月 2024

  Addressing Chesapeake Energy and Southwestern Energy’s merger and formation of a new $24 billion natural gas company, Alex Beeker, research director, corporate research for Wood Mackenzie said, “The Haynesville has been in need of a clearer narrative to win investor support and with a new and dominant team planning the Haynesville and Bossier’s future, investors can look to a single E&P to better understand development cadence, inventory longevity, evolving cost of supply and step-out appraisal work.”

• News Release

  65GW of European onshore wind turbines need upgrades or replacements by 2028

  • 09 9月 2019

  65GW of European onshore wind turbines will reach end-of-design-life by 2028. From 2019 to 2028, an average of 4GW of turbines per year that are reaching end-of-design-life will be lifetime extension (LTE) suitable, according to new research from Wood Mackenzie.

• News Release

  Renewable Energy Certificate (REC) prices to drop 76% by 2050 due to surging renewable generation in Asia Pacific

  • 03 10月 2024

  Renewable Energy Certificate (REC) prices to drop 76% by 2050 due to surging renewable generation in Asia Pacific

• News Release

  Electric vehicle adoption to slow in US with recent Executive Orders

  • 29 1月 2025

  Recent executive orders in the United States could have profound implications on electric vehicles (EV), slowing down the pace of adoption, according to a recent report from Wood Mackenzie. According to the report, “Trump’s executive orders unsettle electric vehicle and battery markets” policy changes have impacted the EV, battery, and raw material markets in the US and globally. The wide-ranging changes will affect everything from subsidies for consumers to funding for EV charging stations, as well as trade tariffs on imported raw materials.

• News Release

  Global wind power cumulative installed capacity to hit 2.38TW in 2032

  • 20 9月 2023

  Increased activity in Western markets and Africa will drive a ten-year compound annual growth rate of 10.1% for grid-connected wind power, leading to 2.38 terawatts (TW) of cumulative installed capacity at the end of 2032, according to Wood Mackenzie.

• News Release

  China drives global wind turbine orders to new record in 2022

  • 08 3月 2023

  Global wind turbine order intake hit new highs in 2022, with 44 gigawatts (GW) procured in Q4 and 134.6 GW for the year, both records. Dominated by activity in China, annual investment reached an estimated $74.2 billion, according to new analysis from Wood Mackenzie.

• News Release

  Australia’s emissions-intensive mines face unforeseen future under new Safeguard Mechanism Scheme Reforms

  • 07 7月 2023

  The adoption of the single "industry average" as presented in the revised Safeguard Mechanism Scheme, will see some clear winners and losers in the Australian mining sector.

• News Release

  Corporate renewable PPAs playing bigger role in decarbonising Asia Pacific

  • 18 8月 2021

  Corporate renewable power purchase agreements (PPA) are starting to play a bigger role in Asia Pacific’s decarbonisation efforts, says Wood Mackenzie.

• News Release

  Global PV tracker shipments grew by 28% in 2023 to 92 GWdc

  • 25 7月 2024

  Global PV tracker shipments grew by 28% in 2023 to 92 gigawatts direct current (GWdc), reflecting a strong year for utility-scale solar in most regions across the world.

• News Release

  Global PV inverter shipments grew by 56% in 2023 to 536 GWac

  • 06 8月 2024

  Global PV inverter shipments grew by 56% to 536 gigawatts alternating current (GWac) in 2023, reflecting a strong year for the broader solar industry. The top 10 global PV inverter vendors accounted for 81% of the market.

• News Release

  Global solar PV installations to reach record high in 2019

  • 25 7月 2019

  Global solar PV installations will reach a new high of 114.5 GW in 2019, up 17.5% on 2018, according to new research from Wood Mackenzie.

• News Release

  Brazil power market to install 115 GW of new capacity by 2034

  • 14 8月 2024

  The Brazilian power market is expected to install 115 gigawatts (GW) of new capacity by 2034, primarily driven by the rise of free market demand. Wind and solar energy will spearhead growth, with 61 GW of utility and distributed solar and 24 GW of onshore wind projects due to be added in the next 10 years.

• News Release

  Wood Mackenzie scales renewable markets data reach as Canadian Solar joins Lens Power Development Partner Program

  • 29 4月 2022

  Wood Mackenzie welcomes Canadian Solar as a development partner for its industry-leading Lens® decision intelligence platform, which delivers live data across the industrial landscapes of every global economy.

• News Release

  Top 10 solar PV inverter vendors account for 86% of global market share

  • 14 8月 2023

  The top 10 global solar photovoltaic (PV) inverter vendors accounted for 86% of market share in 2022, increasing by 4% year-over-year since 2021, according to latest analysis by Wood Mackenzie, a global insight business for renewables, energy and natural resources.

• News Release

  After hitting new highs in 2023, US lower 48 oil production growth will begin to slow considerably in 2024 and beyond

  • 22 2月 2024

  US Lower 48 oil production growth exceeded expectations in 2023, adding 900,000 barrels per day (b/d) despite inflationary pressures, private consolidation, and declining rig activity. However, the repercussions of these decisions will impact supply moving forward as the region is poised for much lower growth in 2024 and beyond, according to Wood Mackenzie.