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. 

Wind power to grow nearly 2% between 2022 and 2031: report

This is equivalent to 25.6 gigawatts of new installed capacity.

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. 

Global offshore wind market to grow to 330GW by 2030: report

Woodmac expects 24 countries to have large-scale offshore wind farms.

Gas demand in Eastern Australia could drop by 60% in 2050

Demand has been declining due to the clean energy transition.

China’s economic growth to cool power demand growth: report

Its GDP growth is seen to average 5% in the next five years.

China’s RE capacity growth is a ‘political headache’ to other countries

Its solar modules production capacity is surpassing projected global demand.

Clean energy transition to gain momentum in China: Woodmac

About 120GW of new solar and wind capacity is expected in 2022.  

Asian LNG imports to grow 3.7% annually over the next decade

This is to support the increasing demand, according to Wood Mackenzie.

Renewable power gains ground in APAC despite cost inflation in 2021

The average cost of producing solar and onshore wind rose by 9% and 2%, respectively.

China may lift restrictions on Australian coal stranded in ports: Analyst

Some 3 Mt of Australian thermal coal are awaiting clearance at Chinese ports.

Wind power to play a key role in China’s net-zero ambition: WoodMac

Onshore wind will take up 82% of China’s 408 GW new capacity between 2021-2030.

China's ETS could affect its short-term economic growth: Wood Mackenzie

ETS covered around 40% of China's 11,535 Mt CO2e emissions in 2019.

APAC’s energy transition inquiry – is net zero possible?

The rapid decline in renewable costs brings forward competition between renewables and fossil fuels.

Corporates play bigger role in APAC’s net-zero transition

The region procured 10.9GW of cumulative capacity in H1 2021.