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 turbine intake hits new record in Q1

The intake reached 23.5GW of activity, Wood Mackenzie reported. 

Wind turbine intake hits new record in Q1

The intake reached 23.5GW of activity, Wood Mackenzie reported. 

Solar PV manufacturing in China to grow to over 230GW in 2026

This is more than enough to supply global market demand, Wood Mackenzie reported. 

APAC to lead floating solar demand

China will have the highest installed capacity globally by 2031 at 13.8GW.

Global floating solar to exceed 6GW by 2031

The sector is expected to grow by 15% annually until 2031.

China’s solar exports up by 64% in 2022: report

Exports amounted to US$52b, Wood Mackenzie reported. 

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.