• News Release

  US energy storage market breaks installation record in Q4 2023

  • 20 3月 2024

  The US energy storage market shattered previous records for deployment across all segments in the final quarter of 2023, with 4,236 megawatts (MW) installed over the period, a 100% increase from Q3 according to a new report released today.

• News Release

  Record highs for global wind turbine order intake in 2023

  • 18 3月 2024

  Global wind turbine order intake hit new highs in 2023 with 155 gigawatts (GW) procured for the year, an increase of 16 GW from 2022.

• News Release

  As project economics rebound, upstream FIDs to increase in 2024, with focus on deepwater resources

  • 14 3月 2024

  Up to 30 upstream projects larger than 50 million of barrels of oil equivalent (boe) could reach FID in 2024, an increase from 22 in 2023, according to a new report from Wood Mackenzie.

• News Release

  Wood Mackenzie and Let’s Share the Sun donate solar PV and energy storage system to women’s shelter in Puerto Rico

  • 08 3月 2024

  On International Women’s Day, Wood Mackenzie, in partnership Let’s Share the Sun and other third parties, dedicated 51 solar panels and battery storage to a shelter for victims of domestic violence in Puerto Rico. The fully installed 25 kW-DC system will provide a significant portion of the shelter’s power needs.

• News Release

  Government tenders to drive 102 GW of global renewable capacity in 2024

  • 07 3月 2024

  More than 100 gigawatts (GW) of global renewable energy capacity is expected to be tendered in 2024. With more than 60 GW to be offshore wind, the overall volume is set to grow as the year progresses and will match 2023 levels.

• News Release

  Asia Pacific could become a global leader in the energy transition

  • 21 2月 2024

  Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.

• News Release

  Wood Mackenzie donates solar power system to domestic violence shelter in Puerto Rico

  • 06 3月 2025

  To honor the upcoming International Women’s Day, Wood Mackenzie, in partnership with Let’s Share the Sun and other third parties, recently donated 24 solar panels and 2 batteries of storage to a shelter for victims of domestic violence in Puerto Rico. The fully installed 10.8 kW-DC system and 27.2 kWh battery will provide a significant portion of the shelter’s power needs.

• News Release

  Solar adds more new capacity to the grid in 2024 than any energy technology in the past two decades

  • 11 3月 2025

  The United States installed a record-breaking 50 gigawatts (GW) of new solar capacity in 2024, the largest single year of new capacity added to the grid by any energy technology in over two decades. According to the U.S. Solar Market Insight 2024 Year in Review report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, solar and storage account for 84% of all new electric generating capacity added to the grid last year.

• News Release

  Oil prices likely to be lower in 2025 than last year

  • 18 3月 2025

  Brent crude oil prices are projected to average $73 per barrel in 2025, down $7 per barrel per barrel from 2024, according to Wood Mackenzie’s latest monthly oil market outlook. The $73 per barrel forecast for this year is revised down $0.40 per barrel from the early February monthly report.

• News Release

  Energy storage’s meteoric rise breaks another record

  • 19 3月 2025

  The U.S. energy storage market set a new record in 2024 with 12.3 gigawatts (GW) of installations across all segments, according to the latest U.S. Energy Storage Monitor report released today by the American Clean Power Association (ACP) and Wood Mackenzie. The report shows a total of 12,314 megawatts (MW) and 37,143 megawatt hours (MWh) deployed, representing increases of 33% and 34% respectively over 2023 numbers.

• News Release

  Wood Mackenzie launches Lens Power & Renewables

  • 04 3月 2025

  Wood Mackenzie, the global insight business for renewables, energy, and natural resources, has launched Lens Power & Renewables, a new suite of products with interconnected data, analytics, and insights to navigate the energy transition.

• News Release

  South America to add 160 GW of solar PV capacity by 2034

  • 05 3月 2025

  Wood Mackenzie's latest report on the South American solar PV market reveals that the region will add 160 GWdc of solar capacity between 2025 and 2034, driven by diversification efforts, growing power demand, and favourable system economics. The report "South America Solar PV Market Outlook 2025" provides a comprehensive analysis of the region's solar energy landscape, power sector dynamics, 10-year solar PV installation outlook, and policy impacts across key markets.

• News Release

  Natural gas remains the crucial bridge in the energy transition, yet challenges persist

  • 20 2月 2025

  Natural gas will play a vital role in the energy transition, supporting the expansion of renewables and accelerating the shift away from coal, according to the latest Horizons report from Wood Mackenzie. The report, titled "The bridge: Natural gas's crucial role as a transitional energy source," emphasizes that while the world is increasingly turning to renewable energy, natural gas remains fundamental to meeting global energy needs and reducing emissions in the medium term.

• News Release

  Oil market uncertainty could significantly affect prices

  • 24 2月 2025

  Wood Mackenzie projects that Brent crude oil prices will average $73.00 per barrel (bbl) in 2025, according to its latest market outlook. The forecast considers various geopolitical and economic factors, including potential peace talks between Russia and the US regarding the Ukraine conflict, ongoing tariffs, and sanctions against Iran.

• News Release

  Wood Mackenzie recognised on Financial Times' - UK’s Leading Management Consultants 2025

  • 10 2月 2025

  Wood Mackenzie made the Financial Times’ 2025 list of the UK’s Leading Management Consultants –presented by the Financial Times in cooperation with leading statistics and industry ranking portal Statista Inc. The list was announced on February 5, 2025, and can be viewed on the FT website.

• News Release

  Proposed US tariffs could increase onshore wind costs by up to 7%, says Wood Mackenzie

  • 11 2月 2025

  New trade tariffs and increased import restrictions in the US onshore wind power sector could lead to higher overall costs, threatening project viability and potentially slowing growth in the industry, according to a recent report from Wood Mackenzie.

• News Release

  US oil tariffs on Canada and Mexico would significantly impact North American crude flows

  • 06 2月 2025

  US oil tariffs on Canada and Mexico would initiate a significant shift in crude flows in North America as higher prices would push a portion of US imports into overseas markets, according to a recent report from Wood Mackenzie.

• News Release

  Republican control will shift US energy policy away from net zero, but sweeping agenda faces roadblocks

  • 18 11月 2024

  Republican control in the US will move energy policy away from net zero targets, but President-elect Trump’s full agenda will face political and market opposition according to Wood Mackenzie analysis.

• News Release

  India’s bulks supply chain takes a hit during lockdown

  • 08 4月 2020

  India is under a three-week lockdown from 25 March to contain the spread of the coronavirus outbreak. Businesses are shut, and the supply chain is disrupted. Industries are either closed or operating at sub-optimal utilisation.

• News Release

  Ukraine may hold key to Europe’s gas storage crunch

  • 16 4月 2020

  European gas storage is almost full to the brim – and with the mild weather, coronavirus lockdowns hitting demand and an over-supplied market, levels are not likely to drop soon. New analysis from natural resources consultancy Wood Mackenzie suggests October may prove critical for the market – and highlights a potential solution to the storage crunch.

• News Release

  150 GW of renewables projects in Asia Pacific at risk in a coronavirus-led recession

  • 22 4月 2020

  Wood Mackenzie’s latest research shows that up to 150 gigawatts (GW) of wind and solar projects across the Asia Pacific could be delayed or cancelled over the next five years (2020 – 2024), if the coronavirus-led recession extends beyond 2020.

• News Release

  Grid congestion chokes renewables investments in Eastern Australia

  • 30 4月 2020

  Australia’s renewables project pipeline in the National Electricity Market (NEM) remains massive at 67 gigawatts (GW) capacity (6GW under construction and 61GW in announced projects), but the current conversion rate to firm projects is low due to grid congestion, says Wood Mackenzie.

• News Release

  European olefins production could recover in 2020 despite coronavirus

  • 30 4月 2020

  Europe saw a 20-year low in olefins production in 2019. Despite the coronavirus hitting demand, 2020 could show a recovery in production.

• News Release

  Vestas breaks annual wind turbine installation record

  • 11 5月 2020

  Vestas became the first wind turbine manufacturer to install more than 10 GW of wind capacity in a single year (2019), according to new analysis from Wood Mackenzie.

• News Release

  Oil supply cuts could curtail 15% of ethylene supply in Middle East

  • 13 5月 2020

  Approximately 15% of ethane-based ethylene supply in the Middle East could be lost this year due to oil supply dynamics, according to new analysis from Wood Mackenzie. This equates to around 1.5 million tons of ethylene.

• News Release

  UK gas market faces Covid-19 deadlock

  • 21 5月 2020

  The UK gas balance has reached a deadlock for the summer. Resilient UK production, Norwegian imports and baseload LNG imports are overwhelming the market with supply. And with lockdown placing huge pressure on electricity and fuel markets, demand will be weak throughout the summer.

• News Release

  Global appetite for plastics key to China’s polyolefins demand growth in 2020

  • 28 5月 2020

  Much of China’s polyolefins demand growth in 2020 will depend on global appetite for plastic end-products, says Wood Mackenzie.

• News Release

  US midstream takes hit as Lower 48 E&Ps turn off taps

  • 03 6月 2020

  The oil price crash has hit the US Lower 48 hard. But as exploration and production companies work to mitigate the impact of the crash on their businesses, their strategies are affecting the region’s midstream players.

• News Release

  Power system flexibility key to Europe's net-zero targets

  • 03 6月 2020

  The success of Europe’s transition to net-zero emissions by 2050 will hinge on the flexibility of its power system.

• News Release

  US energy storage market sees strong first quarter despite coronavirus

  • 02 6月 2020

  The United States energy storage sector saw a strong first quarter, with residential storage setting another record while the non-residential market had its third-strongest quarter on record.