Wood Mackenzie

The U.S. energy storage market continued its strong growth in third quarter of this year, with the grid-scale segment setting new quarterly records for deployments. That’s according to the American Clean Power Association’s (ACP) and Wood Mackenzie’s latest U.S. Energy Storage Monitor report released Dec. 12. The report said Q3 set the highest record for […]

An analysis from global data and analytics group Wood Mackenzie says Republican control of the White House and Congress means U.S. energy policy will move away from net-zero emissions targets, but there remains bipartisan support for the Inflation Reduction Act (IRA). The group also said competitive economics for renewable power resources mean the energy transition […]

Installations of grid-scale energy storage across the U.S. continue to surge, with three states—California, Arizona, and Texas—responsible for 85% of that growth in the second quarter of this year. Data from the American Clean Power Association (ACP) and Wood Mackenzie, released October 1 in the group’s latest Energy Storage Monitor report, showed 3,011 MW and […]

A new report from two leading energy industry groups said a record 11 GW of new solar power module manufacturing capacity entered service during the first three months of this year, representing the largest quarter of solar manufacturing growth in U.S. history. The Solar Energy Industries Association (SEIA) and Wood Mackenzie in their U.S. Solar […]

A new report from the Solar Energy Industries Association (SEIA) and the Wood Mackenzie research group said the U.S. solar sector is expected to add a record 33 GW of new generation capacity in 2023, a 55% increase from 2022. The groups said that even with growth expected to slow over the next year due […]

The forecast for U.S. solar energy installations in 2022 have been revised downward in a report published by Wood Mackenzie and the Solar Energy Industries Association (SEIA) on Sept. 8, due in large part to supply chain constraints and an industry-wide slowdown caused by the initiation of an anticircumvention investigation earlier this year. The U.S. […]

The U.S. solar industry installed a record 19.2 GWdc of photovoltaic (PV) capacity in 2020, a 43% increase from 2019, according to a report released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie. The numbers are particularly impressive considering the world was dealing with unique challenges as a result of COVID-19. “After a […]

The president of the Solar Energy Industries Association on March 17 said the solar industry is seeing “a pretty significant crisis” along with the overall economy due to the global coronavirus pandemic, as the situation likely will limit growth in the solar sector this year. Abigail Ross Hopper, president and CEO of the SEIA, told […]

The growth of distributed power generation worldwide is increasingly reliant on microgrid systems incorporating several technologies, including solar power plus battery storage. The move toward more commercial

The rapid adoption of electric vehicles (EVs)—both battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs)—is expected to transform global electricity consumption through 2040, three