Wood Mackenzie report highlights gas’s role in supporting renewables and reducing emissions; carbon prices needed to support LNG’s displacement of coal; analysis shows LNG is 60% less GHG-intensive than coal LONDON/HOUSTON/SINGAPORE, February 20, 2025 – Natural gas will play a vital role in the energy transition, supporting the expansion of renewables and accelerating the shift away [...]
Prices would rise, capital discipline evolve and spending increase by 30% for the upstream sector to meet demand in a delayed energy transition scenario LONDON/HOUSTON/SINGAPORE, 16 January 2025 – As the risk of a delayed energy transition scenario increases, so does the possibility of a much greater pull on future oil & gas supply. But meeting [...]
China continues to lead in energy transition with low carbon power LONDON and HOUSTON and SINGAPORE, Dec. 12, 2024 (Korea Bizwire) – As the energy landscape rapidly transforms due to decarbonization, electrification, and geopolitical shifts, Wood Mackenzie has released five compelling charts that highlight key trends shaping the sector in the latest Horizons report. These [...]
LONDON, 20 June, 2024 – The widespread development and use of synthetic fuels is still at least a decade away and depends on the successful deployment of other technologies, but companies that position themselves now are best positioned for success according to the latest Horizons report by data and analytics company Wood Mackenzie. The report: ‘Adding fire [...]
US November election results could decelerate energy transition, with $1 trillion in energy investment on the line A Republican victory in 2024 could roll back decarbonisation policies and usher in a delayed energy transition for the US. Low carbon supply investment occurs, just not at the pace for net zero LONDON/HOUSTON/SINGAPORE, 16 May 2024 (Korea [...]
World heading for a 3-degree C warming trajectory, as political headwinds slow the energy transition WoodMac report looks at the implications of a delayed energy transition, amid political uncertainties, inflation and elections across the world LONDON, 02 May 2024 (Korea Bizwire) – A five-year delay to the energy transition could see the global average temperature rise [...]
Asia Pacific could become a global leader in the energy transition Nearly 50% of the world’s low-carbon technology opportunities will be in Asia Pacific by 2050 SINGAPORE, 21 February 2024 (Korea Bizwire) – Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain [...]
• $3 billion investment globally, in manufacturing and engineering footprint, R&D and partnerships • Workforce expansion with more than 8,000 people hired • 150 GW of HVDC links integrated into the power system by Hitachi Energy Zurich, Switzerland, Oct. 24, 2023 (Korea Bizwire) – Hitachi Energy, a global technology leader that is advancing a sustainable [...]