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Wood
United States
WoodMac: Biden Loss Would End Hopes of US Decarbonization by 2050
The stakes are every bit as high as the energy industry and climate change activists say they are.
Market Analysis
A 64% Decline in Production Costs of Green Hydrogen Anticipated
The costs to produce green hydrogen will fall by 64% by 2040, according to a new study released by research firm Wood Mackenzie.
Thermal Plant
Ørsted Announces Inauguration of Asnæs Power Station in Denmark
Danish renewable energy company Ørsted has announced the opening of the Asnæs Power Station, a wood chip-fired power unit in Denmark.
South Korea
Wood Mackenzie: Green Hydrogen Cost to Halve by 2030 – a Boost to South Korea’s Hydrogen Ambitions
Onsite green hydrogen production cost is expected to halve by 2030, signalling a boost to South Korea’s hydrogen ambitions.
China
China to Add 251GW of New Wind Capacity by 2029
China is expected to add 251 gigawatts (GW) of new wind capacity between 2020 and 2029, says Wood Mackenzie. The country’s wind power market could reach a cumu…
Microgrid
Distributed Fossil Fuels Dominate in Microgrids Installed in the US
Distributed fossil fuel generation accounted for 86% of installed microgrid capacity in the US in 2019, according to a new report issued by Wood Mackenzie.
Energy Technology
Wood Completes Designs for Scottish Hydrogen Project
Wood has completed preliminary engineering design work for gas network operator SGN’s Hydrogen 100 (H100) project on the west coast of Scotland.
Solar Power Plant
Wood Mackenzie: Utility Solar Prices Drop in US
Solar PV system costs in the US are falling faster than anticipated across all market segments.
Solar Power Plant
Wood Awarded US Solar Contracts
Wood, a global engineering and consulting company, has secured two solar engineering, procurement and construction contracts from a US power and energy company …
Solar Power Plant
Wood Secures $200m Solar EPC Contract in Virginia, US SHARE
Global engineering and consulting company Wood has expanded its presence in the US renewable energy sector by securing two solar engineering.
Market Analysis
Europe's Wind & Solar Installations Will Need Grid Flexibility to Succeed:WoodMac
And the success of Europe's transition to net-zero emissions will hinge on the flexibility of its power system.
Energy Transition
Australia Looks to Big Oil in Latest Plan to Curb Emissions
Australia is seeking to cut emissions in one of the world’s biggest per-capita polluters by encouraging oil firms including Chevron Corp. and Woodside Petroleu…
Solar Power Plant
EDPR Executes PPA with RCEA for 100MW Solar Park in California, US
EDP Renewables has signed a 15-year power purchase agreement with Redwood Coast Energy Authority for its 100MW Sandrini Sol 1 Solar Park in Kern County, Califor…
Oil Price
Australia's Woodside Sees Low Oil Prices into 2021
Australian independent Woodside Petroleum expects low oil prices to persist for the rest of 2020 and into next year.
Wind Power Project
Wood Secures Onshore Wind EPC Contracts in the US
Global engineering and consulting company Wood has been awarded several engineering, procurement and construction onshore wind contracts in the US.
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