• News Release

  Coronavirus could derail energy storage growth in 2020

  • 01 4月 2020

  If coronavirus containment measures continue to curtail movement of goods and people through Q2 this year, alongside an economic downturn, the market impact could trim Wood Mackenzie’s 2020 global energy storage deployments forecast by 19%.

• News Release

  Coronavirus impact trims US behind-the-meter storage forecast by 31%

  • 27 3月 2020

  Wood Mackenzie has trimmed its forecast for US behind-the-meter (BTM) energy storage in 2020 by 31% as a result of the coronavirus crisis.

• News Release

  India’s renewables installation could fall by a fifth due to lockdown

  • 06 4月 2020

  In a new report, Wood Mackenzie projects that India could face over 21.6% or 3 gigawatts (GW) of solar photovoltaic (PV) and wind installations being delayed as a result of the country’s lockdown.

• News Release

  $600bn to be spent on wind turbines globally by 2028

  • 07 4月 2020

  According to new analysis from Wood Mackenzie, annual average wind turbine supply is forecast to hit $60 billion between 2020 and 2028 - reflecting an increase of 8% compared to 2019.

• News Release

  Global electric vehicle sales to drop 43% in 2020

  • 08 4月 2020

  Global electric vehicle (EV) sales closed at 2.2 million in 2019. This number is expected to drop 43% to 1.3 million by the end of 2020, according to new research from Wood Mackenzie.

• News Release

  Saudi Arabia’s May 2020 OSPs for crude exports bode well for Asian refiners

  • 16 4月 2020

  Looking at the May OSPs, it is clear that Saudi Arabia wants to ensure its crude remains very competitive in Asia.

• News Release

  Covid-19 lockdown hits global solar PV market

  • 09 4月 2020

  The coronavirus pandemic will have a significant impact on the global solar PV market. Construction and development is slowing as countries around the world enforce unprecedented lockdowns. As the world economy faces severe economic disruption, Wood Mackenzie has downgraded its forecast for 2020 installations from 129.5 gigawatts (GW) to 106.4 GW, a reduction of 18%.

• News Release

  Asia olefins face historical production losses due to regional lockdowns

  • 29 4月 2020

  A new report from Wood Mackenzie shows that olefins production losses in Asia have reached historical highs as a result of regional lockdowns in the wake of the coronavirus outbreak.

• News Release

  Bangladesh to double its fossil fuel imports in a decade

  • 14 5月 2020

  Bangladesh is expected to double its fossil fuel imports to 32 million tonnes of oil equivalent (Mtoe) between 2020 and 2030, says Wood Mackenzie.

• News Release

  NOCs to slash over a quarter of exploration budgets on average in 2020

  • 20 5月 2020

  National oil companies (NOCs) globally are estimated to cut exploration budgets by over a quarter on average in 2020, says Wood Mackenzie.

• News Release

  China’s Q2 2020 oil demand shows signs of recovery

  • 26 5月 2020

  According to the latest analysis by Wood Mackenzie, China’s oil demand will recover to 13 million barrels per day (b/d) in Q2 2020, a 16.3% jump compared to Q1 this year.

• News Release

  Coronavirus and the collapse in polyester – will paraxylene and PTA markets recover?

  • 01 6月 2020

  Global polyester production is expected to decline by more than half a million tonnes this year. For polyester’s key raw materials, paraxylene (PX) and PTA, the knock-on effects will hit global demand in the coming years.

• News Release

  US solar market sets Q1 record but pandemic mutes Q2 outlook

  • 11 6月 2020

  The U.S. solar market installed 3.6 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q1 2020, representing its largest first quarter ever and 40% of all new electric generating capacity additions in the United States.

• News Release

  Gold industry must invest $37bn by 2025 to maintain 2019 production levels

  • 17 6月 2020

  Prior to the coronavirus outbreak, peak gold supply was becoming a real possibility. Now, with exploration programmes paused or cancelled and project disruptions hampering production, the summit is in sight.

• News Release

  Mexico, Central America and Caribbean power up with record wind capacity

  • 18 6月 2020

  Mexico, Central America and the Caribbean saw a record 1,830 megawatts (MW) of new wind power capacity installed across the region in 2019 – a 126% year-on-year increase in additions, according to new research from Wood Mackenzie.

• News Release

  Despite surging power demand, gas-fired power faces manufacturing constraints that could limit near-term growth

  • 14 5月 2025

  A new report from Wood Mackenzie finds that despite surging power demand, the gas turbine market could experience "turbo lag" in the next 15 years due to manufacturing constraints, rising costs, and competition from renewables.

• News Release

  Lithium market volatility rises as supply surge faces the trade tension and deflationary pressure

  • 13 5月 2025

  The global lithium market is expected to face a significant supply surplus over the next decade, with deflationary pressures from China’s overcapacity in processing and trade tensions with the U.S. threatening to reshape the market’s dynamics. According to Wood Mackenzie, the current oversupply is projected to peak in 2027, followed by a potential shift to deficit by the early 2030s.

• News Release

  Australia risks losing edge in global hydrogen race as projects stall, warns Wood Mackenzie

  • 29 5月 2025

  Despite its early leadership ambitions, Australia is falling behind in the global hydrogen economy, with 80% of its low-carbon hydrogen projects still in early development and multiple high-profile cancellations, according to new analysis from Wood Mackenzie. Released at the Australia Energy Producers Conference, the report, ‘How can Australia compete in the global hydrogen market (before it’s too late)?’ highlights that while the country boasts world-class renewable energy potential and abundant land, it is struggling to convert those advantages into competitive hydrogen production.

• News Release

  Argentina to peak at 180 Mmcd, becoming regional gas supplier and LNG exporter, says Wood Mackenzie

  • 07 7月 2025

  Argentina is strengthening its position as the next major regional gas supplier while eyeing a prominent role in the global LNG market.

• News Release

  Latin America embraces unconventional oil and gas exploration

  • 09 6月 2025

  According to Wood Mackenzie’s latest Global Unconventional Roundup, Mexico and Argentina have significant potential for increased oil and gas production through unconventional resource development.   “As conventional reserves decline globally, we're seeing a resurgence of interest in unconvention...

• News Release

  Latin America's top economies raise the game in renewable power

  • 08 7月 2025

  According to the “Benchmarking Latin America energy markets” report from Wood Mackenzie, Latin America is making progress in reducing its carbon emissions and adopting more sustainable energy sources.

• News Release

  ExxonMobil crowned most-admired upstream explorer in Wood Mackenzie 21st annual exploration summit survey

  • 12 6月 2025

  ExxonMobil, one of the largest publicly traded international energy and petrochemical companies has clinched the top spot as the upstream industry's most-admired explorer in Wood Mackenzie's annual Exploration Survey for 2025.

• News Release

  Wood Mackenzie forecasts trillion-dollar boom in carbon offsets and CCUS markets by 2050

  • 23 6月 2025

  Global carbon markets are poised for transformative growth. Two key strategic areas have emerged as critical components of global decarbonisation efforts: Carbon Capture, Utilisation and Storage (CCUS) and carbon offsets. Wood Mackenzie’s two long-term outlook reports forecast substantial market size growth, surpassing trillions of dollars in value by mid-century.

• News Release

  Energy Storage Market Continues Strong Growth in Q1 2025

  • 25 6月 2025

  The growing market in Indiana is made possible due to factors such as land availability and clear state permitting guidelines.

• News Release

  Global PV inverter shipments grew by 10% in 2024 to 589 GWac

  • 10 7月 2025

  Global PV inverter shipments grew by 10% to 589 gigawatts alternating current (GWac) in 2024. Asia Pacific, led by China, accounted for nearly all global growth, while the US and Europe declined.

• News Release

  Geothermal energy poised for transformation: Wood Mackenzie explores emerging next-gen technologies

  • 28 5月 2025

  Next-generation geothermal technology could transform the energy sector, offering abundant, round-the-clock low-carbon power and heat, according to Wood Mackenzie.

• News Release

  Eni and PETRONAS to create new Southeast Asian energy 'Major’

  • 28 2月 2025

  A joint venture between Eni and PETRONAS would create a new Southeast Asian energy ‘Major'

• News Release

  India's economic surge to drive global energy demand, but with low-carbon twist

  • 20 3月 2025

  India is set to become a major player in the global energy markets with a unique growth path, featuring lower energy intensity, a diverse energy mix and increased commodity imports, Wood Mackenzie's latest Horizons report reveals. “India's growth story shares similarities with China's rapid expansion, but crucial differences set it apart,” said Yanting Zhou, principal economist at Wood Mackenzie. “While energy demand will surge, India's industrial sector is less energy-intensive, and the country is better positioned to adopt efficient, low-carbon technologies compared to China in the 2000s.”

• News Release

  A “stable” Russia-Ukraine peace agreement could lead to years of US LNG under-utilisation and delays on US LNG FIDs

  • 08 4月 2025

  As the geopolitical landscape of the Ukraine conflict enters a new and highly uncertain phase, Wood Mackenzie's Gas and LNG team has released a new report titled "What a future Ukraine peace deal means for energy". Using the LENS Gas Market Model the report outlines three peace agreement scenarios and explores their potential consequences in terms of sanctions and the implications on trade flows and prices.

• News Release

  US LNG full lifecycle emissions delivered to Europe are 48% of the coal equivalent

  • 21 3月 2025

  Wood Mackenzie has used its proprietary data as well as credible third-party sources to prepare a rigorous comparison of lifecycle emissions of US LNG and coal in power generation