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Wood
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
Energy Security
UK Energy Services Firm Wood Sells Consulting Unit for $1.9BN
Canada-based firm WSP has bought the business.
EU
Soaring Solar Raw Materials Prices Could Thwart REPowerEU Plans
The REPowerEU initiative has the potential to add at least 420 gigawatts (GW) of solar installations by 2030; however, rising solar raw material costs could bec…
Offshore Wind Power
Global Offshore Wind Market to Grow To 330GW by 2030: Report
Woodmac expects 24 countries to have large-scale offshore wind farms.
Thermal Plant
Ammonia Use in Thermal Power Plants Could Be Worth $100BN in 2050, Wood Mackenzie Says
Demand for the compound could spike 50 per cent in the next three decades as the world seeks to transition to cleaner forms of energy.
Hydrogen Project
Wood Provides Conceptual Engineering for Green Hydrogen Project
Wood will provide conceptual engineering for Total Eren’s H2 Magallanes Project to be located in the commune of San Gregorio, in the Magallanes region, Souther…
LNG
Hyundai Glovis Wins LNG Shipping Deal From Australia
Hyundai Glovis Co., the logistics unit of Hyundai Motor Group, said Tuesday it has signed a long-term liquefied natural gas (LNG) shipping deal with Australian …
Hydrogen Project
Global Low-Carbon Hydrogen Market 'Needs $600 Billion of Investment by 2050'
An investment of about $600 billion in low-carbon hydrogen will be required by 2050 to meet rising demand as the world focuses on cutting emissions to limit glo…
Solar Power Panel
Tesla Falls From Top of US Residential Solar Installer Rankings
In Wood Mackenzie’s solar installer Leaderboard, Freedom Forever overtakes Tesla in the top three spot for the first time.
Joe Biden
Solar Costs Jumped in 2021, Reversing Years of Falling Prices
Solar costs rose in 2021 partly because of supply chain constraints, according to a report released Thursday by the Solar Energy Industries Association and Wood…
Natural Gas
Demand for Natural Gas on Australia's East Coast Falls
The uptake in renewable energy could see gas demand from Australia’s East Coast decline by around 60% by 2050, depending on the pace of the energy transition, …
Coal Price
Coal Prices Spike as Russia-Ukraine Crisis Escalates
The Russia-Ukraine crisis has shocked the coal and the broader energy markets, with spikes in Newcastle prices observed in recent days, says Wood Mackenzie, a V…
Electrification
China’s Economic Growth to Cool Power Demand Growth
China’s power demand growth could be dampened by the moderate economic growth in the country, Wood Mackenzie reported.
Hydrogen Project
Australian Duo Make Shortlist for 600MW Green Hydrogen Project in New Zealand
Two of Australia’s most prominent energy players, Fortescue Future Industries and oil giant Woodside Energy, have been included on a shortlist of potential dev…
Natural Gas
3 Key Trends Driving Natural Gas In 2022
Woodmac: Natural gas demand is likely to remain resilient in the short term
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