Annual investments of USD 2,700 bln. are needed to reach zero emissions in 2050
Consulting firm Wood Mackenzie estimated on Thursday that global investment of $2.7 trillion a year is needed to reach net…
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Wood Mackenzie
A low-carbon world needs $1.7 trillion in mining
Mining companies need to invest about $1.7 trillion over the next 15 years to be able to deliver enough copper,…
Siemens Gamesa launches 14MW offshore wind turbine, world’s largest
Siemens Gamesa launched last week the largest wind turbine ever publicly announced, a 14-megawatt model with a 222-meter rotor diameter…
Wind energy enjoyed a bumper year in 2019, but the coronavirus poses a unique challenge
Wind power may have enjoyed a strong year in 2019, but the coronavirus pandemic is casting a shadow over the…
Global energy storage market to surge to 15 GW by 2024
Despite a slowdown in price declines, the global energy storage market is set to grow from around 4 GW of…
US: Energy storage has a breakout year
2018 may have been the year of residential energy storage, according to a leading analyst, but grid storage was no slouch.…
China is crushing Europe’s electric car dreams
Europe gave the world some of its top automakers, but it’s losing out to China in the race to define…
Energy giants opening natural gas spigots, fueling profit rise
The world’s largest oil companies are pumping more natural gas than ever before, helping to spur a rise in profits…
Much of the Black Sea basin remains less explored than other strategic areas in Europe
On 25th–26th October, the crème de la crème of the oil and gas industry and representatives of the upstream and…
Taxation and political instability impede Upstream development of the Black Sea (Aleksandrs Popovics, Wood Mackenzie)
Wood Mackenzie has recently published an exhaustive report about the hot upstream projects currently explored in the Black Sea with…
Wood Mackenzie: The oil and gas industry faces a difficult year
The oil and gas industry is facing a challenging year. Oil prices remain volatile, and uncertainty remains about whether prices…
