Wood Mackenzie

Investing in renewable energy? Identify renewable projects and sites with optimal resource availability; overlay wind speed, solar irradiance, transmission infrastructure, land use, and policy to evaluate greenfield development opportunities. Find out more: https://okt.to/ROFIUE

At 21:00 CT on the 15th of July, Freeport powerline readings started increasing. Values are currently at a value of 6 mG, indicating a return of train 1 online. This follows reports of dredging which started on the previous day, also captured by our facility cameras, and the return of power from Centrepoint. The full return of the trains may take a number of weeks, with damage to a fin fan cooler being noted. Our cameras can not only directly detect changes in operations, they can also pick up other relevant elements such as the dredging vessel on imagery at the berths, allowing us to make enhanced assumptions as why facilities are offline. You can stay up-to-date with events affecting the US LNG supply chain, as well as accessing insights into production status, with our North American LNG Service that monitors facilities in real time utilising infrared technology. Find out more: https://okt.to/iruT4Z #NaturalGas #Freeport #LNG

On 10 June, it was confirmed that BP, Mitsui &Co, Shell and TotalEnergies will take a 10% stake in Ruwais LNG. ADNOC will retain a 60% stake and serve as the lead developer and the operator. Read on, as we discuss how involvement in Ruwais LNG aligns with the project partners’ #LNG strategies: https://okt.to/0f8PlD

Set against the sunny backdrop of the iconic Marina Bay, yesterday morning our Singapore office hosted another Bayside Briefing, this month focussing on: 'Upstream M&A Themes, Exploration Opportunities, and CCUS Trends.' The agenda began with key insights into Upstream M&A in 2024 from Angus Rodger and Andrew Harwood, highlighting key global and regional deals and themes to be aware of. Using Lens Upstream & Lens Carbon to guide their narrative, our experts Munish Kumar, PhD, Simran Bandal and Fauzi Said discussed local opportunities in upstream growth and carbon initiatives, covering exploration farm-ins, significant wells, the Asia Pacific CCUS project outlook, and key future developments to be aware of. The session concluded with a Q&A session and networking, allowing attendees to engage directly with our analysts and industry peers. Don't miss the opportunity to stay informed and connected with the latest trends in the industry – register your interest to attend our next Bayside Briefing here: https://okt.to/Vdb7Ig #Upstream #CCUS

Right now, the #bioenergy market is valued at US$44 billion. By 2050, it’s expected to grow to US$125 billion, according to our base case. If the world meets net zero targets by 2050, our energy transition outlook shows that bioenergy could increase to US$500 billion. Policy support is key to unlocking the potential for bioenergy by de-risking aspects of the value chain. Read on for our view of the changing energy mix to 2050: https://okt.to/LBrd7y

Last week, Alex Whitworth, Vice President and Head of Power and Renewables Research at Wood Mackenzie, delivered a speech at the Gas Turbine Focus conference in Chengdu, China. During his address, Alex shed light on the crucial role of gas inpower generation and its competitiveness in terms of cost when compared to renewablenergy sources. The Asia Pacific region is currently experiencing a significant boom in power investments, with an estimated expenditure of nearly US$4 trillion on generation assets anticipated within the next decade. Notably, investment in gas power is expected to surpass US$250 billion over the same period, showcasing a substantial increase of over 50% compared to the previous decade. This surge in investment reflects the continued strength and growth of gas power capacity additions, projected to range between 25-40 GW per year until 2050. While the gas share of global power generation reached its peak at 24% in 2020, forecasts indicate a decline to 13% by 2050. However, despite this overall decrease, the Asia Pacific region is set to add an impressive 2,631 GW of capacity in the next five years, with 200 GW specifically dedicated to gas power. Find out more about details about APAC gas power here: https://okt.to/6cJuPC #Gas #RenewableEnergy

Unlock unparalleled intelligence with Wood Mackenzie Lens, enabling you to navigate Australia’s dynamic #upstream landscape. Our tool allows you to uncover crucial insights on regions, assets, and companies, enabling valuation and simulation of hypothetical scenarios. Watch our quick video walkthrough focusing on #Australia, where we benchmark projects and companies using key technical and commercial metrics: https://okt.to/TfFlEB

The solar industry is entering a more measured, mature phase, establishing itself not just as a growing renewable technology, but as a cornerstone of the global energy transition. Wood Mackenzie help you track the changes in the supply chain, and emerging regional variability and complexities. Our interconnected global value chain coverage enables you to understand the factors shaping solar markets. We identify and evaluate new areas of growth so you and your organisation can seize the biggest opportunities. Informed decision-making is now more crucial than ever. Learn more: https://okt.to/Mr8SG0 Be WoodMac Sure.

Registration is open for our 2024 Carbon Capture, Utilization and Storage Conference! Join us in Houston on October 9-10 as we assess the opportunities, risks, and economic viability of the CCUS value chain. #WMCCUS Register now: https://okt.to/nTvrmy

Driven by the energy transition, the #biomethane/#RNG industry has been attracting more investments. Major companies are incorporating biomethane into their portfolios and governments are counting on biomethane to help with #sustainability, energy security and affordability issues. Our new offering will enable our customers navigate the rapidly evolving biomethane/renewable natural gas (RNG) industry and capitalize on the opportunities it presents. Learn More: https://okt.to/3zcmVI