Wood Mackenzie
Wood Mackenzie, a Verisk Analytics business, is a trusted source of commercial intelligence for the world's natural resources sector.
See below for the Latest Wood Mackenzie News, Analysis, Profit Results, Share Price Information, and Commentary.
High cost hinder uptake of nuclear, small modular reactors: report
Nuclear capacity is poised to increase by 280GW by 2050.
High cost hinder uptake of nuclear, small modular reactors: report
Nuclear capacity is poised to increase by 280GW by 2050.
China’s wind power market to rebound in 2023: report
New grid-connected capacity declined by 21%YoY in 2022, Wood Mackenzie reported.
Global wind energy to surpass 1TW threshold by end-2023
Offshore wind is expected to grow sevenfold by 2032, Wood Mackenzie said.
Pakistan's energy and economic woes intensify as blackouts reveal deep-rooted issues
Recent events could cost Pakistan its textile contracts, accounting for 8.5% of its gross domestic product.
Nuclear ‘renaissance’ is possible despite hurdles: Wood Mackenzie
National governments will need to address more than just competitive costs and innovations.
Increased investments could lower SMR cost to competitive levels by 2050
SMRs can be a viable competitor with renewable energy, Wood Mackenzie noted.
Policy support for nuclear power expands in 2022
This comes as markets look for a more low-carbon energy supply, Wood Mackenzie reported.
China dominates global wind turbine orders in 2022
The market accounted for 70% of the order capacity during the year.
Coal remains the cheapest option for APAC
This is as renewables costs rose last year.
China holds lowest-cost renewable power in APAC
It overtakes India as China sees a 4% electricity cost decline in utility-scale solar.
Construction cost, interest rates worsen RE competitiveness in APAC in 2022
The solar sector’s average cost by 16% in 2022 from 2020 levels.
Long-duration energy storage projects attract over $58b in investment in last 3 years
This could lead to 57GWs of energy storage capacity, Wood Mackenzie reported.
Wind power to grow nearly 2% between 2022 and 2031: report
This is equivalent to 25.6 gigawatts of new installed capacity.
China drives wind market to break turbine order record in Q2
A total of 35GW out of 43GW global orders were from China.
Australian energy crisis gives rise to new gas supply need
Energy prices rose 400% up to AU$40 per gigajoule.
China, US to account for 75% of global energy storage demand
Wood Mackenzie projected the markets to have 422GWh and 600GWh by 2031.
Low carbon hydrogen demand likely to grow over 600Mt in 2050: report
This is up from the current 1Mt.
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Co-hosted by industry leaders and supported by government officials, the Future Energy Asia Exhibition and Summit aims to accelerate the region's journey towards net-zero emissions.
