Wood Mackenzie

The Green Hydrogen Wave, And Its Implications for Renewable Energy
A report today from Wood Mackenzie claims eco-friendly hydrogen prices will fall by approximately 64% by 2040. Those numbers are broadly in accordance with what lots of various other experts have been predicting, though numerous have predicted competition as very early as 2030.
Aug 27, 2020 // Market Research, Solar to Fuel, Wood Mackenzie, hydrogen, woodmac, Ben Gallagher, Mukesh Ambani, Reliance Industries Limited
WoodMac: 2020s Will Be the 'Decade Of Hydrogen'
In markets like Germany, green hydrogen manufacturing costs will certainly equal fossil-fuel-based hydrogen by 2030, brand-new research study shows.
Aug 26, 2020 // Storage, Market Research, Germany, Wood Mackenzie, Europe, hydrogen
Simpliphi predicts cobalt-free battery takeover earlier than anticipated
pv magazine consulted with Catherine Von Burg, CEO of the Californian battery company, to go over why she believes lithium-iron-phosphate is the chemistry of the future.
Aug 26, 2020 // Technology, Storage, California, USA, Wood Mackenzie, North America, Catherine Von Burg
A battery chemistry schism looms
A report from Wood Mackenzie forecasts lithium-iron-phosphate will certainly surpass lithium-manganese-cobalt-oxide as the dominant fixed power storage chemistry within the years.
Aug 19, 2020 // Storage, Market Research, TESLA, Wood Mackenzie, Elon Musk, Mitalee Gupta
Battery manufacturing capacity readied to enhance fourfold to 1.3 TWh by 2030
Experts at Wood Mackenzie have looked at plans for the incoming years as well as wrapped up that concerning 119 production sites will be up and running by 2030. China presently sits firmly in the driving seat, with Asia Pacific making up 80% of international production ability, however Europe is catching up.
Aug 12, 2020 // Manufacturing News, Markets & Finance News, Storage, USA, Sweden, France, Germany, Poland, Wood Mackenzie, China, Hungary, Europe, Asia, North America, Mitalee Gupta
PV module prices are falling faster than all predictions
New research from Wood Mackenzie reveals that total system costs for setups making use of mono PERC modules are readied to fall by as much as 20% by 2025.
Jun 25, 2020 // Manufacturing News, Markets & Finance News, Wood Mackenzie, PV module, PERC modules, WORLD
UNITED STATE Solar Market Establishes Q1 Record As Pandemic Mutes Q2 Outlook
The U.S. solar market installed 3.6 gigawatts (GW) of brand-new solar photovoltaic (PV) ability in Q1 2020, representing its biggest first quarter ever before in the United States.
Jun 15, 2020 // Market Research, USA, Wood Mackenzie, North America, Abigail Ross Hopper, Ravi Manghani
Energy storage to rise to 89GW by 2040 across major European markets
Energy storage systems look set to triumph over various other adaptability suppliers, as solar and wind generation continues to skyrocket.
Jun 4, 2020 // Markets & Finance News, Storage, UK, Wood Mackenzie, Europe, Rory McCarthy
COVID-19: Latest evaluation on influence to United States utility-scale as well as domestic solar
The background for the United States property market has actually swiftly soured after California-headquartered SunPower Corp warned of reduced anticipated company and also succeeding hit to its annual report estimates for 2020.
Apr 2, 2020 // Residential, Markets & Finance News, California, USA, Wood Mackenzie, pv power plants, pv modules, residential, Sungevity, North America, Roth Capital, Coronavirus, covid-19, sunpower corporation, sunworks inc
United States behind-the-meter storage space projection drops 31% on coronavirus concerns
Wood Mackenzie has actually reduced its 2020 storage space overview to 430 MW-- still a rise of greater than 100% over 2019-- in the middle of problems over the function of sales, appointing as well as affiliation within of shelter-in-place regulations
Mar 31, 2020 // Storage, USA, Wood Mackenzie, North America, Brett Simon
US Microgrid Growth Hampered By Cancellations and Delays
Delays and cancellation to connecting projects to the grid are likely to make the Unites States microgrid market to constrict by 17 percent.
Dec 20, 2019 // Grids, USA, Wood Mackenzie, North America, microgrid
Spain’s Solar Bubble Looks Ready to Pop. The Market Will Be Just Fine
Consolidation is coming to Spain’s red-hot solar market, but in a post-subsidy world the landing will be relatively soft.
Oct 30, 2019 // Markets & Finance News, Spain, UK, PPA, Wood Mackenzie, Lightsource BP, Europe, baywa r.e., Tom Heggarty, Conor McGuigan, Andrea Grotzke
Battery costs for commercial market expected to drop 35% by 2024
According to new research from Wood Mackenzie, non-residential storage system costs will fall by 27% in the United States over the next five years. The fall in system costs will help drive a more-than-tenfold growth in the U.S. non-residential storage market by 2024. Commercial and industrial customers with predictable, peaky loads are increasingly turning to storage to help manage demand charges.
Oct 26, 2019 // Commercial, Residential, Markets & Finance News, Storage, Software, USA, storage, Wood Mackenzie, North America, Mitalee Gupta
Fate of green hydrogen depends on ever cheaper renewables – for now
Analyst WoodMac has spelled out the urgent need to decarbonize the global hydrogen production industry. While the fuel can offer a sustainable grid balancing act for intermittent renewables, in its current fossil-fuel driven form it is pumping out more than 800 tons of carbon into the atmosphere every year.
Oct 22, 2019 // Solar, Solar to Fuel, USA, Japan, Germany, Wood Mackenzie, Australia, Europe, Asia, hydrogen, Oceania, North America, green hydrogen, Solar to Fuel, Solar to Hydrogen, Producing Hydrogen, Hydrogen from renewable, Renewable fuels
Rebuilding for resilience
The islands of the Caribbean have been focusing on the deployment of storage solutions, minigrids and microgrids in response to the damage their power systems suffered during the 2017 hurricane season. But with the opportunities, there are also challenges.
Oct 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Grids, storage, Wood Mackenzie, North America, Caribbean, RMI, Stephen Mushegan, Isaac Maze-Rothstein, off-grid market, Antigua and Barbuda