Carbon removal could become a trillion-dollar industry
Dramatic acceleration in pace of energy transition needed to hit climate goal
Solar plus storage projects competitive with gas by 2026
Europe is set to lose the global energy storage race unless government auctions begin to incentivise flexible power, according to research from Wood Mackenzie.
South Korea becomes the latest Asian economy to announce its net-zero carbon emissions pledge.
Q2 2020 sees second-highest quarterly total on record
The outcome of the 2020 US presidential election will dictate the pace of decarbonisation for decades, according to new research from Wood Mackenzie.
Hydrogen FCV targets may be challenging to achieve
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.
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.
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.
And what that tells us about what’s to come in other markets
2019 saw nearly 100GW of global wind turbine order capacity, shattering the previous record set in 2018, according to new analysis from Wood Mackenzie.
Wood Mackenzie highlights 6 key trends to watch in 2020 and beyond
Wood Mackenzie highlights 4 key trends to watch in 2020 and beyond
Wood Mackenzie highlights 3 key trends to watch in 2020 and beyond
An auction-triggered awakening in Poland and a growing confidence in developers' ability to comply with local content requirements in Russia led to a 17% wind power capacity increase QoQ in Eastern Europe and Russia, according to new research from Wood Mackenzie.
The U.S. wind market will add 14.6 gigawatts (GW) of capacity in 2020, according to Wood Mackenzie’s latest North America wind power outlook. The record-setting mark underlines the strength of the 23GW pipeline Wood Mackenzie has identified as currently under construction or contracted for commercial operation in 2020.
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.
Global wind turbine order intake increased 111% YoY, overtaking the previous record set in Q4 2018 by 13.2GW, according to new research from Wood Mackenzie.
“The growing 261 gigawatt (GW) offshore wind portfolio is a clear testament to the prospects of offshore wind across the globe,” noted Soeren Lassen, offshore wind analyst at Wood Mackenzie and author of a new report on offshore wind asset ownership, development and transactions and added that “the big are going to get bigger”.
Cumulative energy storage capacity to hit 12.5GW
Global wind power capacity additions are expected to sit at an annual average of 71GW from 2019-2023 and 76GW from 2024-2028, according to new analysis from Wood Mackenzie Power & Renewables.
After a decade of fragmentation, the top 5 turbine OEMs have reached industry consolidation. Key global players are expected to surpass a combined market share of 68% by 2020, up from 47% 5 years ago, according to recent research from Wood Mackenzie Power & Renewables.
2018 was a record-breaking year for wind turbine manufacturers in Africa. The South African government signed long-pending PPAs in April 2018, which helped independent power producers (IPPs) to announce final investment decisions (FID), according to new research from Wood Mackenzie Power & Renewables.
Global wind turbine order intake increased 7% YoY in Q1 2019, eclipsing the previous record seen in Q1 2018 for capacity in the quarter by 875MW, according to new research from Wood Mackenzie Power & Renewables.
Energy storage will become a key power grid asset
Saudi Arabia will become a regional heavyweight in wind power by the early 2020's, according to new research by Wood Mackenzie Power & Renewables.
Keyword Search
