• News Release

  Record year for Chinese overseas power projects: 24 GW installed in Belt & Road countries

  • 27 1月 2025

  Chinese companies have made a significant milestone in their overseas power development, installing a record 24 gigawatts (GW) of capacity in Belt & Road (B&R) countries in 2024, according to a new report from Wood Mackenzie. This record number marks a doubling of the capacity installed in 2023 a...

• News Release

  Top ten solar PV module manufacturers show resilience in H1 2024 despite facing significant headwinds, Wood Mackenzie says

  • 23 1月 2025

  solar ranking

• News Release

  India needs US$4.3 billion government support to enable CCUS adoption

  • 06 3月 2025

  India needs US$4.3 billion government support to enable CCUS adoption The country to account for close to 15% of Asia Pacific’s CCUS capacity by 2050

• News Release

  Trade and supply chain barriers delay impact of historic clean energy law

  • 13 12月 2022

  The U.S. added 4.6 gigawatts (GW) of new solar capacity in Q3 2022, a 17% decrease from the same quarter last year as trade barriers and ongoing supply chain constraints continue to slow America’s clean energy progress. These disruptions will cause a 23% decline in solar installations this year compared to 2021, according to the U.S. Solar Market Insight Q4 2022 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business.

• News Release

  Q3 U.S. grid-scale energy storage market sets new record

  • 15 12月 2022

  The U.S. energy storage market grid-scale segment installed a record 4,733 megawatt-hours (MWh) in the third quarter of 2022, surpassing the previous quarterly high of 4,598 MWh in Q1 of 2021, according to a new report released today. On a single charge, this amount of battery storage could power over 150,000 U.S. homes for a day.

• News Release

  Long-duration energy storage projects attract more than US $58 billion investment over last three years

  • 07 12月 2022

  Long-duration storage energy (LDES) projects around the world have attracted more than US $58 billion in commitments made by governments and companies since 2019. If all these projects went forward, it would lead to the installation of 57 gigawatts (GW) of LDES – the equivalent of three times the global energy-storage capacity deployed in 2022, according to analysis from Wood Mackenzie.

• News Release

  Potential US refined oil product export ban would challenge already constrained global markets and refining systems

  • 25 10月 2022

  A proposed US refined product export ban would save US consumers at the gasoline pump but pose significant challenges and costs to US and global refining systems, according to a recent analysis from Wood Mackenzie.

• News Release

  Wood Mackenzie launches Lens Gas & LNG

  • 15 11月 2022

  Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector, has launched Lens Gas & LNG, a new data analytics solution that offers a uniquely integrated view that connects markets and assets on a global scale.

• News Release

  LNG exports drive expansion of North American natural gas market, adding 29 bcfd of production by 2033

  • 17 11月 2022

  Driven by a surge in LNG exports, the North America natural gas market will support 29 billion cubic feet per day (bcfd) of production from 2022-2033, tripling its current market size, according to a new report from Wood Mackenzie.

• News Release

  OPEC+ prepares for market uncertainty with continued 2 million b/d production cut

  • 06 12月 2022

  Speaking after today’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said “The decision by OPEP+ to continue with its recently agreed 2 million barrels per day (b/d) production cut through the end of 2023 is not a surprise, given the uncertainty in the market over the impact of the 5 December EU Russia crude oil import ban and the G7 price cap. In addition, the producers group faces downside risk from the potential for weakening global economic growth and China’s zero Covid policy.”

• News Release

  New mid-caps in Brazil aim to increase mature asset reserves almost 1 billion boe by 2035

  • 06 12月 2022

  With Petrobras divesting in many of its mature assets, new mid-cap upstream operators entering the Brazilian market will invest US$10 billion in capital investments during the next decade, boosting the production from these assets through 2027 and increasing remaining reserves by 980 million barrels of oil equivalent (mmboe) by 2035, according to a report from Wood Mackenzie, a Verisk business.

• News Release

  US climate bill to boost domestic annual renewables investment to nearly US$114 billion by 2031

  • 19 1月 2023

  The Inflation Reduction Act (IRA), flagship legislation focused on accelerating decarbonisation in the US, will significantly boost annual investment into renewable energy deployment in the region. A rise from US$64 billion in 2022 to nearly US$114 billion is expected by 2031, according to Wood Mackenzie, a Verisk business (Nasdaq: VRSK).

• News Release

  Norway to earn over US$200 billion from oil and gas sector in 2023

  • 16 1月 2023

  Norway’s oil and gas operations in the North Sea will continue to churn out cash as the Scandinavian country maintains high production to help support Europe’s energy crisis according to a report by Wood Mackenzie.

• News Release

  Wood Mackenzie Launches the Electric Vehicles and Battery Supply Chain Service at Mining Indaba 2023

  • 06 2月 2023

  Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector, today launched the Electric Vehicles and Battery Supply Chain Service (EVBSC) at the Mining Indaba 2023 conference in Cape Town, South Africa. The EVBSC is a new product that provides end-to-end detailed analysis and forecasts of the electric transportation value chain including quarterly long-term outlooks to 2050 and 10-year forecasts, and monthly short-term reports and data for EV, Li-ion battery and raw materials (lithium, nickel, cobalt, graphite and manganese) markets.

• News Release

  Global hydrogen pipeline plummets in Q4, with only 1Mtpa of new projects announced

  • 23 2月 2023

  The total global announced capacity for hydrogen projects reached 71.4 million tonnes per annum (Mtpa), but 2022 falls short of becoming a record year according to latest analysis from Wood Mackenzie.

• News Release

  US community solar growth slowed 16% in 2022; national market expected to double by 2027

  • 15 2月 2023

  US community solar installed capacity declined 16% in 2022 compared to last year, primarily driven by interconnection delays hindering growth in key state markets such as Massachusetts, Maine, and Maryland. Industry-wide supply chain constraints also pushed project timelines into 2023, according to the latest report released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA).

• News Release

  Renewable power competitiveness in Asia Pacific worsened in 2022

  • 14 2月 2023

  The levelised costs of electricity (LCOE) for utility solar and onshore wind in Asia Pacific were up 16% and 12% respectively since 2020, as equipment, construction costs and interest rates rose in the region. The trend is expected to reverse in 2023, but volatility risks including geopolitical tensions, trade policy and financing remain according to latest analysis from Wood Mackenzie.

• News Release

  Global policy support for nuclear expands to address challenges of reliable, low-carbon energy supplies

  • 22 3月 2023

  As nations look for more low-carbon energy supplies, many are adjusting energy policies to support new nuclear projects and developing new technologies that will make this energy source more cost-competitive, according to a new report from Wood Mackenzie.

• News Release

  US energy storage market continues to expand rapidly

  • 15 3月 2023

  Across all segments of the industry, the U.S. energy storage market installed 4.8 gigawatts (GW) of capacity in 2022, nearly equal to the combined 2020 and 2021 installed capacity of 5 GW, becoming a record year for battery storage. This is according to ACP and Wood Mackenzie’s latest U.S. Energy Storage Monitor report released today.

• News Release

  California dwarfs all other VPP markets in North America

  • 29 3月 2023

  California dwarfs all virtual power plant (VPP) markets in North America, housing 24% of projects in the region, according to Wood Mackenzie’s ‘North America VPP market: H1 2023’ report.

• News Release

  Wood Mackenzie appoints new Chief Financial Officer

  • 27 3月 2023

  Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Simon Crowe to its global executive leadership team as Chief Financial Officer (CFO), effective 27th March.

• News Release

  Oil and mining companies must adapt new strategies to deliver low-carbon transition

  • 20 4月 2023

  As companies in the energy and natural resource sector struggle to find the balance between satisfying shareholder returns and meeting stakeholder low-carbon demands, new strategies are emerging that could be the catalyst to drive capital allocation decisions toward growth and closing valuation gaps, according to “Fuelling Change” a new Horizons report from Wood Mackenzie.

• News Release

  US$36.4B of grid modernization planned by investor-owned utilities

  • 18 4月 2023

  In efforts to modernize distribution grids, 25 investor-owned utilities (IOU) have filed for $36.4 billion of investment.

• News Release

  Middle East gas production to jump by almost 20% by 2030

  • 04 5月 2023

  The Middle East is set to spend as much as US$120 billion to increase gas production by 14 billion standard cubic feet a day (bcfd) to 86 bcfd by 2030, according to a new report by Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector.

• News Release

  Kan discovery in Mexico’s shallow water one of the largest since 2020

  • 02 5月 2023

  Addressing Wintershall Dea’s Kan-1 discovery, Adrian Lara, Principal Research Analyst Latin America Upstream Oil and Gas, said “With Wintershall Dea’s first operated exploration well drilled in Mexico, the announced expected resource of 200 to 300 million barrels of equivalent of oil and gas in place outperforms the original prospective resource estimated at 196 mmboe. The discovery is one of the largest in Mexico’s shallow-water since Zama, made by Talos in 2017 and Saasken made by Eni in 2020.”

• News Release

  Sakarya Phase One kick-starts Turkey’s upstream sector transformation, making nation less reliant on gas imports

  • 20 4月 2023

  Addressing Turkish Petroleum Corporation’s (TPAO) launch of Sakarya Phase One, Ashley Sherman, Research Director, Caspian & Europe Upstream Oil and Gas for Wood Mackenzie said “Sakarya Phase One redefines the scale of Turkey’s upstream sector, bringing its first deepwater output and a fundamental shift in domestic energy security. To date, Turkey has relied almost entirely on gas imports to meet its demand. Sakarya Phase One will put a sizeable dent into the country’s energy import bill, which reached an eye-watering US$97 billion in 2022. But Phase Two would be the real gamechanger, enabling Sakarya to cover almost 30% of Turkey’s gas consumption by 2030.”

• News Release

  China’s solar exports booming, up 64% in 2022 despite global trade tensions

  • 23 5月 2023

  China’s solar exports grew 64% to US$52 billion in 2022 despite global trade tensions, according to latest analysis from Wood Mackenzie.

• News Release

  Should gas resource holders target LNG exports or blue ammonia?

  • 15 6月 2023

  The acceleration of the energy transition means gas resource holders increasingly face a choice: follow the established pathway and develop new LNG export facilities or pivot into developing blue ammonia.

• News Release

  US grid-scale energy storage installations record second-straight quarterly decrease

  • 14 6月 2023

  Across all segments of the industry, the U.S. energy storage market added 2,145 megawatt hours (MWh) in the first quarter of 2023, a 26% decrease from Q4 2022. The grid-scale segment installed 1,553 MWh in Q1 2023, recording the second-straight quarterly decline and falling 33% below first quarter 2022 installations, according to a new report released today.

• News Release

  Implications of OPEC+ meeting for H2 2023

  • 07 6月 2023

  The decision by OPEC+ to extend current production cuts and an additional voluntary 1 million b/d reduction for July from Saudi Arabia should provide support for prices in the rest of 2023, according to Wood Mackenzie.