Wood Mackenzie

energy storage installations

New record quarter for US energy storage installations

The US has set a new record quarter for energy storage installations in the fourth quarter of 2020 by bringing up to 2,156MWh of new storage capacity.
floating offshore wind power

Asia Pacific governments increasingly looking to floating offshore wind power

A new study released by research firm Wood Mackenzie, states that floating offshore could be the next frontier in wind power development in Asia Pacific.
BMW group

Recommendations for BMW Group to meet 2030 carbon emissions reduction target

Automaker BMW Group aims to reduce supply chain greenhouse gas emissions per vehicle by 20% from 2019 levels by 2030.
climate target

Five key ways Europe can move closer to 2030 climate target

A new report by Wood Mackenzie states that with the current energy transition policy and investment scenarios, Europe will not be able to meet its 2030 climate target.
electric vehicles

Global EV stock to hit 700 million by 2050 – study

A new report released by research firm Wood Mackenzie states that there will be some 700 million electric vehicles (EVs) on the road by 2050.
renewable energy

Australia can unlock $40 billion in investment by revising renewables policy

The Australian government should revise its renewable energy target policy to unlock future investments of up to $40 billion within the power generation sector.
solar energy

Solar energy is now the most cost-effective way to add electricity

Solar energy is now the cheapest way to add electricity in many markets across the globe, a new report released by Wood Mackenzie has revealed.
carbon emissions

Five key carbon emissions trends to watch for in 2021

Research firm Wood Mackenzie has presented the five key carbon emissions trends the company forecasts will shape 2021.
battery storage

Asia Pacific to reduce cost of front-of-the-meter battery storage by 30%

Wood Mackenzie states that the cost of front-of-the-meter battery energy storage systems in the Aisa Pacific is likely to record a 30% decline through 2025.
EU power market

Five key trends to watch in Europe’s power market in 2021

Energy market research firm Wood Mackenzie presents the five key trends to shape the European power market in 2021.

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