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Wood
China
China, US to Account for 75% of Global Energy Storage Demand
Wood Mackenzie projected the markets to have 422GWh and 600GWh by 2031.
Energy Storage Battery
Northvolt Turns to Trees With Wood-Based Batteries
Volkswagen-backed battery developer Northvolt and Stora Enso are joining forces to create sustainable batteries using lignin-based hard carbon produced with woo…
Electric Car
Volkswagen-Backed Northvolt to Develop Wood-Based Batteries for EVs
The attempt to develop battery materials from a range of sources comes as major European economies lay out plans to move away from road-based vehicles that use …
LNG
Wood Mackenzie and Ball Corporation Introduce New Tool That Tracks Global LNG Liquefaction Train Statuses in Near Real-Time
Wood Mackenzie, Inc. a Verisk business, and Ball Corporation today announced the launch of Global LNG Liquefaction Monitoring – the first product arising from …
Hydrogen Project
Australian Companies in the Mix for Southland Hydrogen Plant
Australian companies Woodside Energy and Fortescue Future Industries are counterparties in final stage negotiations to become lead developer of the prospective …
Microgrid
Renewable Front-Of-The-Meter Microgrid Strengthens California’s Grid Reliability
California’s first 100% renewable energy, front-of-the-meter, multi-customer microgrid is now fully operational, providing enhanced energy resilience for the C…
Hydrogen Project
Low Carbon Hydrogen Demand Likely to Grow Over 600MT in 2050: Report
The demand for low carbon hydrogen will likely go over 600 megatonnes (Mt) in 2050 from only under 1Mt at present, Wood Mackenzie reported.
Energy Transition
Demand for Low-Carbon Hydrogen in Refining Could Reach 50 Mtpa by 2050
Lower costs and high carbon prices are needed to make cleaner energy source competitive, says Wood Mackenzie
Energy Security
UK Energy Services Firm Wood Sells Consulting Unit for $1.9BN
Canada-based firm WSP has bought the business.
EU
Soaring Solar Raw Materials Prices Could Thwart REPowerEU Plans
The REPowerEU initiative has the potential to add at least 420 gigawatts (GW) of solar installations by 2030; however, rising solar raw material costs could bec…
Offshore Wind Power
Global Offshore Wind Market to Grow To 330GW by 2030: Report
Woodmac expects 24 countries to have large-scale offshore wind farms.
Thermal Plant
Ammonia Use in Thermal Power Plants Could Be Worth $100BN in 2050, Wood Mackenzie Says
Demand for the compound could spike 50 per cent in the next three decades as the world seeks to transition to cleaner forms of energy.
Hydrogen Project
Wood Provides Conceptual Engineering for Green Hydrogen Project
Wood will provide conceptual engineering for Total Eren’s H2 Magallanes Project to be located in the commune of San Gregorio, in the Magallanes region, Souther…
LNG
Hyundai Glovis Wins LNG Shipping Deal From Australia
Hyundai Glovis Co., the logistics unit of Hyundai Motor Group, said Tuesday it has signed a long-term liquefied natural gas (LNG) shipping deal with Australian …
Hydrogen Project
Global Low-Carbon Hydrogen Market 'Needs $600 Billion of Investment by 2050'
An investment of about $600 billion in low-carbon hydrogen will be required by 2050 to meet rising demand as the world focuses on cutting emissions to limit glo…
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