Record-Setting U.S. Energy Storage Market Poised to “Accelerate Dramatically”

According to Wood Mackenzie, a provider of commercial intelligence for the world’s natural resources sector, and the U.S. Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor‘ report, 910 MWh of new energy storage systems were brought online in Q1 … Read More

Wood Mackenzie: 2020 Touts Highest Wind Installation Total on Record

In 2020, 114 GW of new wind capacity was added globally, representing an 82% increase year-over-year (YoY), according to new research from Wood Mackenzie. This is the highest global annual installation total on record.   China’s National Energy Administration reported 72 … Read More

Biden Administration Lays Out Comprehensive Offshore Wind Development Plans

The White House has unveiled a set of actions it is taking that aims to catalyze offshore wind energy, strengthen the domestic supply chain and create good-paying, union jobs. National Climate Advisor Gina McCarthy, Interior Secretary Deb Haaland, Energy Secretary … Read More

The ripple effect on trade of one giant ship stuck in Suez

Ever Given made headlines yesterday following its grounding in one of the key bloodlines of the global trade, namely the Suez Canal. Specifically, 12% of world trade takes place through the Suez Canal, and estimates from Bloomberg indicate that the … Read More

UL Releases New Analysis Service for Utility-Scale Renewable Systems

HOMER Energy by UL, a developer of standard-setting energy modeling software, has unveiled its newest service – HOMER Front + UL Analysis.  The new capability helps energy developers design and optimize the complexities of front-of-the-meter utility-scale renewable hybrid power systems … Read More

Energy Storage Sets 2020 Capacity Records

There was a total of 2,156 MWh of new energy storage systems  brought online in Q4  2020 – this was an increase of  182% from Q3 2020, making Q4 the new record quarter for U.S. storage, according to Wood Mackenzie … Read More

Third Quarter Shatters Previous U.S. Energy Storage Records

Approximately 476  MW of energy storage were  deployed this year – an increase of  240% over the previous high set last quarter, according to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) recently released U.S. Energy Storage Monitor report. … Read More

Wood Mackenzie: Top Three Turbine OEMs Poised to Command Market

The top three wind turbine players – Vestas, SGRE and GE – will increase their combined global market share from 43% in 2019 to 60% by 2029, according to new research from Wood Mackenzie. Global operational scale, onshore and offshore … Read More

Deep dive into oil and gas exploration – then, now, and ahead

With the oil and gas industry in early stages of pivoting to a lower carbon future, the level of investment drastically shrinking first during the 2014 downturn and then again, even quicker, during the 2020 downturn, what will become of … Read More