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Wood mackenzie
Market Analysis
Wood Mackenzie Lowers Global Solar Demand Forecast on COVID-19 Impact
Recently, IHS Markit said it expected global installs to decline 16% to 105GW in 2020, compared to around 125GW installed in 2019.
Energy Storage Battery
Energy Storage Growth Derailed by Coronavirus: Wood Mackenzie
Energy storage deployment could drop by 19%.
Wind Power in China
Coronavirus'a Crisis Unlike Anything the Market has Even Seen for Wind Sector
The wind power industry is facing “a crisis unlike anything it’s ever seen” as the coronavirus pandemic impacts markets and production around the world, said…
Electric Vehicle Charging
UK Budget - £500 million to support rapid electric vehicle charging hubs
Following today's UK Budget promise of £500m for car charging hubs, Wood Mackenzie Research Director, commented: "Wood Mackenzie expects 1.5% of all passenger …
Wind Turbine
Wind Turbine Orders Hit £60bn Over 2019, Woodmac Finds
Global wind turbine orders reached almost £60 billion in 2019, according to new research by Wood Mackenzie (Woodmac). The research firm claims that of the £60…
Energy Storage System
Global Energy Storage Market to Surge to 15 GW by 2024
As the sector continues to grow rapidly, delays in manufacturing scale-ups, difficulties sourcing raw materials and a separate path taken by the electric vehicl…
Wind Turbine
Coronavirus Predicted to Hit China’s Wind Market by up to 50%
China’s energy market could be badly hit as the coronavirus has halted production on the countries wind turbine installations, according to Wood MacKenzie.
Offshore Wind Power
Asian Quartet 'on Course for 19GW Offshore'
Wood Mackenzie says Taiwan, Japan, South Korea and Vietnam driving development in the region outside China。
Who Can Pay for the Boom of New Solar And Wind Investment in the Nest 15 Years?
New solar and wind investment could hit $190 billion a year by 2035, Wood Mackenzie says. Where will that money come from?
Green Hydrogen to Reach Cost Parity by 2030
Recent analysis from Wood Mackenzie predicts green hydrogen, produced primarily by solar electrolysis, will reach cost parity in Australia, Germany and Japan by…
Energy Storage Battery
Which New Energy Storage Technologies Might Outcompete Lithium-ion in the 2020’s?
Today, lithium is king of batteries. Plain and simple.Wood Mackenzie reports that lithium-ion batteries made up 99% of all [chemical] battery deployments in Q4 …
Solar Inverter
Wood Mackenzie:‘End of Life’PV Inverters Replacement Market to Reach 21GW by The End of 2019
Wood Mackenzie said that total inverter replacement requirements are expected to account for 3.4% of the global inverter market, heading into 2020, while this w…
Coal Power
Coal Will Continue to Be The Dominant Fuel Source for Power Generation in Southeast Asia
According to a new report by Wood Mackenzie, coal will continue to be the dominant fuel source in power generation, peaking at 2027 before slowing down and acco…
Wind Turbine
WoodMac: Global Wind Turbine Order Intake Sees 111% Rise
Global wind turbine order intake increased 111% year-on-year, a 13.2GW rise from the previous record set in the fourth quarter of 2018, according to new researc…
Wind Turbine
Wind Farm Fevelopers Placed a Record 31GW of Turbine Orders in the Second Quarter of 2019
Wind farm developers placed a record 31GW of turbine orders in the second quarter of 2019, according to new research by Wood Mackenzie.
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