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What happens if you want to know about Russia gas
... have boosted gas imports from Russia . If Russia invades Ukraine and enters a military conflict with NATO powers, natural gas prices could double from their already high levels, said Massimo Di Odoardo, vice president of global gas research at Wood Mackenzie . There s no telling how high prices will go, and there is very little Europe can do to prevent the increases. It is very likely that the U.S. sanctions will make it hard for customers to pay for natural gas orders and cause hold-ups, because ...
Updated: 01/27/2022
China plants balsa trees to boost wind power
... manufacturing. Balsa faces competition from a cheaper alternative - polyethylene terephthalate, or PET. The light, strong plastic material made its way into more major wind company turbine designs during the 2019 and 2020 balsa shortage. According to Wood Mackenzie , PET is poised to surpass balsa to become the main core material used in blades, taking about 60% of the global market share in 2025. The part of balsa will be held in offshore turbines, where the material's reliability is prized because repair ...
Updated: 01/18/2022
California subsidies for rooftop solar put on the chopping block
... BloombergNEF will be 19% less than under its base-case scenario in 2023, according to BloombergNEF. California is a leader in rooftop solar adoption and is responsible for about a third of all new residential solar installations in the US, according to Wood Mackenzie and the Solar Energy Industries Association . According to estimates from RBC Capital Markets , the state s customers comprise approximately 40% of Sunrun 's installed base and a quarter of Sunnova s. Solar growth in California has been ...
Updated: 01/02/2022
California solar subsidies put two shares in the black market
... total installations in 2023 to be 19% less than under its base-case scenario without rule changes. California is a leader in rooftop solar adoption and accounted for about a third of all new residential solar installations in the U.S., according to Wood Mackenzie and the Solar Energy Industries Association . According to estimates from RBC Capital Markets , the state s customers comprise about 40% of Sunrun 's installed base and a quarter of Sunnova s. Solar panels in California have been fueled ...
Updated: 01/01/2022
China growth likely to cool copper prices next year
... and solar. Analysts say that mining companies have not invested enough copper production capacity to meet demand, leading to a period of deficits in the long term. It takes time to start production because miners can't just flip a switch overnight. Wood Mackenzie analyst Jonathan Barnes said that electric vehicles and wind power are quite copper-intensive.
Updated: 12/23/2021
COVID-19 outlook for copper market cools
... that mining companies have not invested enough copper production capacity to meet demand, leading to a period of deficits in the long term. Miners can't just flip a switch overnight and start production, it takes time. According to Jonathan Barnes , Wood Mackenzie analyst, said electric vehicles and wind power are quite copper-intensive.
Updated: 12/22/2021
U.S. approves California, California Solar projects
... said we are rebuilding that capacity. Without the climate bill, tax incentives to build large-scale solar panels will drop to 10 percent of a developer's total capital costs by 2024, instead of 30 percent, said Xiaojing Sun, head solar researcher at Wood Mackenzie . She said that incentives for residential-scale solar would go away completely by the year 2024. Sun said that it will slow down the growth of the solar system. She said that streamlining access to federal land could help the industry, as large ...
Updated: 12/22/2021
European energy market braces for winter meltdowns
... strategy will be. The attention is already turning to the next winter. If Russian gas exports remain at current levels, Europe s storage sites will be less than 15% full by the end of March, the lowest on record, according to consultant consultant Wood Mackenzie Ltd. Nathan Piper, head of oil and gas research at Investec Bank Ltd, believes that there is a high likelihood of prolonged and even higher prices through winter with after-effects that could extend beyond the next two years. What is the best ...
Updated: 12/19/2021
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