Wood Mackenzie Power & Renewables

The latest edition of our LinkedIn newsletter is now live! This week you've been talking about: 🔌 The new #grid defection: breaking down the large load co-location fight at FERC ☀️ #Solar surge: the US solar industry shatters records in 2024 💡 The impact of the Trump administrations new tariffs, policies and procedures on the #power sector 🚀 Introducing Lens Power & Renewables! Get the latest insights and analysis below, and subscribe to get notified about future editions.

Attending the WindEurope Annual Event 2025? Don’t miss our Copenhagen Power & Renewables Briefing at the Bella Center on Tuesday, April 8 at 12:30pm CET where our experts will dive deep into the geopolitical impact on the European #wind sector. Join Wood Mackenzie's experts Søren Lassen, Endri Lico, Rishab Shrestha and @Norman Valentine along with @Søren Kjær Petersen, Managing Director, Energy Management at Copenhagen Infrastructure Partners, as they analyse this critical topic from multiple perspectives, covering key questions including: 🔌 How will the European supply mix, #power prices and revenues evolve for #renewables? 💨 How will the European wind supply chain respond to pressures from the East, barriers from the West and challenges within? ❓ What are the new questions actors need to ask themselves? 🔗 Book a meeting or register your interest: https://okt.to/O1oFU6

🚀 This week, we had the amazing opportunity to participate in the Infocast Solar + Wind Finance & Investment Summit 2025! 🌞🌬️ From March 16-19, the summit was a key moment for renewable energy finance and policy discussions. In addition to attending, we hosted a breakfast briefing on Wednesday, where we engaged with industry leaders and peers shaping the clean energy transition. 💬 We explored innovative tools to assess, prioritize, and capitalize on emerging opportunities in renewable energy. From optimizing portfolios to navigating today’s dynamic markets, the insights were truly transformative. 📊⚡ The summit also deepened our understanding of challenges in renewable energy valuation and financing, fueling our commitment to advancing clean energy projects. 🌍🔋 Thanks to everyone who joined and contributed to making this event a success! Get more frequent access to data and insights from a global team of experts with in-depth knowledge across the electricity landscape here: https://okt.to/piaDJ6

At the 10th Refining & Petrochemicals Innovation Conference, Lee Fagg, VP for Chemicals Consulting, called for bold action. With market uncertainty and a surplus of refined products, Thailand’s #downstream industry must embrace innovation to stay ahead. He challenged SEA producers to rethink their #petrochemicals portfolios—shifting from commodities to high-value strategies as competition and margins tighten. 🔍 See how our Consulting services can help: https://okt.to/2DLqAk #rpicthailand

Exciting product news! We've just released new Data Center and Data Campus map layers in Lens Power & Renewables Americas, part of the Lens Power & Renewables product suite launched last week. These layers provide crucial insights into data center locations and characteristics across the U.S., helping you: - Visualize large electricity demand impacts - Analyze infrastructure needs - Identify potential areas for power system upgrades Overlay these new layers with existing power infrastructure data for comprehensive geospatial analysis. Power up your energy decisions today with Lens Power & Renewables: https://okt.to/90bzLU #DataCenters #EnergyIntelligence #PowerDemand

Last week, a team of incredible WoodMackers were on the ground in Puerto Rico, continuing our mission with Let's Share The Sun Foundation to bring reliable energy to those who need it most. This year, we focused on expanding energy access for families with critical health challenges, ensuring those who rely on medical devices and refrigerated medications have a stable, secure power source. In a region where outages are frequent, having reliable solar energy is more than just convenience—it’s a lifeline. By installing solar panels on these homes, our team helped provide families with greater security, independence, and peace of mind. For the first time, our volunteers also had the opportunity to share their knowledge of renewable energy with students at a local elementary school in Adjuntas. Through interactive workshops, students explored how solar power can transform communities like theirs—an exciting new step in the evolution of this partnership. Four years in, this collaboration continues to grow—what started with solar installations is now expanding into education, awareness, and deeper community engagement. To learn more about our work with Let's Share The Sun Foundation, or to donate to this fantastic cause, visit: https://okt.to/auJtVb

Today, Wood Mackenzie Power & Renewables released the U.S. Energy Storage Monitor: Q1 2025 and 2024 Year in Review report in collaboration with the American Clean Power Association (ACP), showcasing significant developments in the energy storage sector. 📊 Some highlights include: - In 2024, storage installations exceeded 12 GW, even with a 20% drop in capacity for Q4 2024 compared to Q4 2023. - Expectations for 2025 indicate 15 GW / 48 GWh will be added, which is a 7% uptick from previous forecasts for the year. - The influence of the new administration is uncertain, but our low case projection anticipates a 9.7 GW reduction in storage installations. Want to stay ahead of the curve and get deeper insights? 📥 Get a complimentary copy of the executive summary: https://okt.to/5LWSwm

On April 3, we are hosting an exclusive Power & Renewables Briefing in Washington, D.C. in collaboration with American Clean Power Association (ACP) where our panel of experts including Xizhou Zhou, Ed Crooks and Chris Seiple will explore the demand dilemma facing the US power industry. Firstly, our briefing will cover 'Gridlock: The Demand Dilemma Facing the US Power Industry' delving into: - The outlook and uncertainties surrounding #AI and manufacturing demand growth - Emerging business models to address demand growth - The role of gas-fired power development - Addressing supply chain bottlenecks and headwinds We'll also have a special Energy Gang session looking at 'Advancing Electric Power in the US Amid Policy & Market Uncertainties'. View the full agenda and register your interest here: https://okt.to/E1SVKM

Europe’s flagship #energytransition targets are not on track and delays in decarbonising end-use sectors look set to push #netzero out beyond 2060. Our updated EU energy transition outlook looks at what would set the region on course for 2050, including: 🔹 Key themes to watch in 2025, including CBAM’s transitional phase 🔹 Charts including net CO2 emissions by scenario, and EU energy demand 🔹 Upgrades and downgrades: what’s changed since last year’s update? 🔹 EU members’ differing approaches 🔹 And more. Get the insight here: https://okt.to/oIzFra

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