Tune in to the latest episode of The Energy Gang podcast as we explore the race to lead the world in clean energy and the implications of 'Bidenomics'. Join the discussion on how the US administration's industrial strategy is shaping the energy landscape: https://okt.to/hmQ5kg
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💡Over 12,000 households’ blackout hit by Typhoon Ampil last week in Kanto area, while Tokyo was observed exporting power at a weekly high of 1GW to the Chubu area. On August 16-17, five major JERA #gas plants underwent planned outages due to Typhoon Ampil, resulting in a total loss of over 8GW of capacity, another 3GW+ of unplanned outages were seen by #PowerRT platform, Wood Mackenzie’s real-time #power monitoring system. During the household blackout in Tokyo Electric Power Grid Area, Tokyo was observed exporting power at a weekly high of 1GW to Chubu area, which is known for its substantial pumped storage capacity. This unusual situation was prompted by potential damage to household distribution lines and the grid, leading Tokyo to release excess power while reducing local generation. Power price in Tokyo peaked during the day on 17 August at 21.1JPY/kWh subsequently, same as in Tohoku and Hokkaido. Learn more how you can track unplanned outages in real-time through Wood Mackenzie’s Japan Power Solution: https://okt.to/OJdz3I #powergrid #poweroutage
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Do you keep a close eye on the US #power market? Have confidence in your North American #powertrading strategies by utilising expert analysis and accurate, timely power market insights to give you a crucial advantage over the competition. Our North America Power Solutions brings together the most important fundamental and proprietary data points within the US power market. Combining advanced modelling technology with fundamental-based analytics to create daily reports so you can make more informed buying & selling decisions to effectively manage risk, minimize cost, and enhance profitability. Discover how we can help you, here: https://okt.to/VNkCiw
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With Gastech 2024 just around the corner, our team of experts are hosting an exclusive webinar where they will delve into the key themes shaping the #biomethane/#RNG sector. Join Kateryna Filippenko 🇺🇦, Dulles Wang and Rosaline Hulse as they present crucial market insights and strategic foresight to guide your business - the perfect opportunity to get prepared ahead of Gastech later in September. Register and submit your questions ahead of the webinar: https://okt.to/PS9jDf
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To succeed in the rapidly-changing power markets, you need an interconnected view across the entire energy supply chain. Wood Mackenzie help you better understand the investment landscape. Lens Power, our integrated data and analytics platform, allows you to digitally model and optimise the natural resources value chain, so you can identify, screen, and value high-growth energy opportunities in seconds. We connect conventional power and renewable energy intelligence to deliver an unparalleled depth of knowledge on the state and future of the global electricity sector, so you can navigate the energy transition, without getting stung. When you have a question, Lens Power has the answer: https://okt.to/irzv8R Be WoodMac Sure
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Crude oil supplies to Hungary, Slovakia, and the Czech Republic have been disrupted after Ukraine suspended Lukoil's shipments through the Druzhba pipeline system. Wood Mackenzie’s European Pipeline Monitoring Service has recorded significant month-over-month decreases in both pipelines of the southern branch of the Druzhba system. The Druzhba South – Hungary line recorded a three-day shut in July, while the Druzhba South pipeline recorded daily average throughputs as low as 38kbpd earlier this week. While refineries like MOL’s Duna and Unipetrol’s Kralupy can source oil through alternative pipelines, namely the JANAF pipeline and the 221kbpd Ingolstadt-Kralupy-Litvinov pipeline, Slovakia's Slovnaft refinery remains landlocked without other supply options according to Wood Mackenzie research. Our European Pipeline Service provides half-hourly flow values for over 80% of the long-haul crude oil transportation capacity in Western Europe, including all segments of the Druzhba system. Learn more about our service: https://okt.to/jrWVNQ
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Global power demand is set to rise significantly as the #energytransition progresses, with #electricvehicles, decarbonised heating, #AI processing and green #hydrogen all contributing strongly. But can power generation keep up, and what are the implications for supply and prices for different regions? In our regional power Strategic Planning Outlooks, our expert local analysts explore the road ahead for power markets across Asia Pacific, North America and Europe. We explore APAC's upcoming US$4 trillion investment boom, large load growth in the US, and how Europe is rethinking the pace of transition in pursuit of #netzero. Find out more: https://okt.to/DlxUFk
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Our recently released Global gas strategic planning outlook (SPO) identifies three distinct phases of #LNG market growth through the coming decade. First, continued market volatility over the next couple of years as limited supply growth amplifies risk. This is followed by a major wave of new supply, ushering in lower prices from 2026. Finally, as LNG supply growth slows, prices recover again before a new wave of LNG supply triggers another cycle of low prices in the early 2030s. What are the drivers of each market cycle? How low will prices go? What are the risks to each phase of LNG market growth? The WoodMac team stress-tested our new outlook on the ground at Japan Energy Summit in Tokyo. Read on: https://okt.to/jh6UQf
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If you don't know already, here are 3 reasons to visit our stand- hall 2, booth 2110 - next week at #ONS2024: ✅ Meet our team of experts and ask your burning industry questions ✅Listen to our latest thought leadership with our Daily Digest stand presentations ✅Demo our leading data and analytics tool, Lens, and discover how to model and optimise the natural resources value chain. See you next week at ONS2024! Find out more here and access our Daily Digest presentation agenda> https://okt.to/AFxEkt
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6 days to go until our latest #solar webinar. Register here: https://okt.to/SCkf1N Based on our recent research, global #solar PV forecast projects 4.7 TWdc will be built between 2024 and 2033, with China accounting for 50% of that capacity growth. Ultra-low module prices intensified the rate of solar deployments last year in Europe and China and will continue to do so in the near-term. What are the key trends in global supply chain in terms of production capacity and pricing? Will US solar manufacturing buildout continue? What’s the role of India and Southeast Asia solar supply chain? Join our solar experts in an insightful discussion next week. #SolarPV #SolarModules #SolarPower
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#Gas plays an important part in Guangdong’s goal to achieve carbon peak by acting as a transitional fuel. The province is China’s largest gas-consumer and #LNG importer with 39 billion cubic metres (bcm) and 21 million tonnes (Mt) coming into the province in 2023. As the leading economy of all China’s provinces, the potential of its gas demand is considerable. Much of this is owing to the gas demand growth in industrial and power sectors. The provincial policies also support gas industry expansion by encouraging supply source diversifications, consumption expansion, pipeline penetration and tariff reductions. All of which favour every player in the gas market. Read on for an extract from our Guangdong LNG potential and opportunities report: https://okt.to/wmondQ
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