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Wood mackenzie
Solar Power Plant
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.Solar PV manufacturing in China is expected to grow to more than 230 gigawatts …
Nuclear Power Plant (NPP)
Cost Reduction Will Unlock New Nuclear Growth Potential Says Wood Mackenzie
Image by Markus Distelrath from PixabayDespite policy support and market growth, the biggest hurdle to the growth of new nuclear is cost, according to a report …
Nuclear Power Plant (NPP)
Costs of New Nuclear Need Addressing, Says Wood Mackenzie
With nuclear generating capacity set to increase by 280 GWe by 2050, the biggest economic hurdle to the uptake of the latest large reactors and small modular re…
Natural Gas
Middle East Natural Gas Output to Rise More Than 19 per Cent by 2030, Wood Mackenzie Says
Rising exports from the region will have a 'game-changing' effect on global gas markets, consultancy saysIn February, Adnoc delivered the first LNG carg…
Wind Farm
Wood Mackenzie: Global Offshore Wind Sector to Grow Sevenfold by 2032
After needing more than 40 years to reach one TW of installations, the wind industry will reach the next TW of installations within the next eight years, a sign…
Wind Farm
Global Wind Energy to Top 1 TW Threshold by the End of 2023
Israel last year started the installation of 200 meter wind turbines to reduce reliance on fossil fuels. Analysis from consultant group Wood Mackenzie finds win…
SMR
Increased Investments Could Lower SMR Cost to Competitive Levels by 2050
SMRs can be a viable competitor with renewable energy, Wood Mackenzie noted.Increasing investments in advanced nuclear technologies, such as small modular react…
Energy Storage Technology
US Grid-Scale Storage Capacity Breaks Market Record at 4.7GWH
According to a research report released by Wood Mackenzie, the US energy storage market grid-scale segment installed a record 4,733MWh in the third quarter of 2…
Crude Oil
Energy outlook: Oil making a comeback in 2023, says WoodMac
With the global energy crisis still running the show, Wood Mackenzie, an energy intelligence group, has outlined ten predictions for the energy industry in 2023…
Energy Storage Project
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.
Wind Turbine
Global Wind Turbine Order Intake Breaks Record in Q2
Strong activity in China pushed global wind turbine order intake to a new record of 43GW in quarter two of 2022 and up 36% from year-ago levels. This equates to…
China
China, US to Account for 75% of Global Energy Storage Demand
Wood Mackenzie projected the markets to have 422GWh and 600GWh by 2031.
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
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
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