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Wind Power Project
Global Wind Power Installations Hit Record Levels In 2020
China’s National Energy Administration reported 72 GW of installed capacity in 2020, which alone would have qualified as the most capacity added globally in a …
Market Analysis
Americas to ‘Lead Global Storage by 2025’
S will be responsible for the most growth and will be followed by China and then Japan, says Wood Mackenzie
Biomass Power Plant
New Rules Require more Efficient Biomass Energy Plants
That could have made the Springfield project eligible, DOER Commissioner Patrick Woodcock said.
Crude Oil
WoodMac: Oil Prices Could Drop To $10 In 2050
Brent Crude oil prices could fall to $10 per barrel by 2050 if the world accelerates the energy transition with decisive action to achieve the Paris Agreement c…
Hydrogen Production
Wood Signs Green Energy Deal with NEL Hydrogen
UK-headquartered engineering company Wood has signed a three-year agreement with Norway’s NEL Hydrogen to “unlock sustainable solutions to global energy chall…
Biobattery
JGC to Construct Biomass Power Plant in Japan
The plant is to be fuelled by woody pellets and chips.
Hybrid Power Plant
Japanese Crew Teams up on 240MW US Solar-Storage Plant
J-Power and funds managed by affiliates of Fortress Investment Group to jointly build the Birchwood project
Oil Exploration
Woodside to go Ahead with Myanmar Exploration Plans Regardless of Coup
Australian energy giant Woodside Petroleum believes that the military coup in Myanmar is just “a transitionary issue” and will not affect its offshore drillin…
LNG
Woodside Signs new LNG Supply Deal with Germany’s RWE
Australian independent Woodside Petroleum has signed a seven-year, 840,000 t/yr sales and purchase agreement to sell LNG to the energy trading unit of German ut…
Carbon Emissions
EU ‘on Track to Miss 2030 Emissions Target’
Wood Mackenzie has forecast the EU will fall short of achieving its 2030 emissions reduction target unless it accelerates wind and solar buildout.
Wind Power Tower
Vestas Invests in Swedish Firm that Builds Wooden Towers for Wind Turbines
Vestas announced Thursday that it had invested in a Swedish firm which develops and manufactures wind turbine towers.
Energy Transition
Total to 'Outpace Iberdrola, Orsted on Renewables by 2030'
O&G major has 100GW ambition which is only eclipsed by Enel’s 145GW target, says Westwood
Australia
Wood Mackenzie Assesses Australia’s Renewable Energy Policy
Australia needs an ambitious long-term Renewable Energy Target policy to unlock future investments.
Energy Storage Battery
Top 3 Countries to Dominate Asia Pacific’s Front-of-the-Meter Battery Storage Sector
A new report released by research firm Wood Mackenzie states that the cost of front-of-the-meter battery energy storage systems in the Asia Pacific is likely to…
Market Analysis
Wood Mackenzie reveals energy sector’s top ten trends in 2021
Wood Mackenzie analysts on what we should expect in energy in the coming year, from oil markets to solar costs and coal exports to EVs.
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