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Press Releases: Energy

View Press Releases: Energy | Corporate

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China: Wood Mackenzie Says Thermal Coal Demand Will Reach Nearly 7btpa by 2030 June 2013
Wood Mackenzie's says that despite efforts to limit coal consumption and seek alternative fuel options, China's strong appetite for thermal coal will lead to a doubling of demand by 2030. China’s demand will grow to approximately seven billion tonnes per annum (btpa) of thermal coal which is contrary to speculation that China's thermal coal demand may be reaching a peak in the next decade.

Eurelectric 2013: The changing role of fossil fuels in the European power market June 2013
At the 2013 Eurelectric Conference in Bologna Italy today, Peter Osbaldstone, Lead Analyst for Wood Mackenzie’s European Gas & Power research, presents the latest forecast for the post-recession role of fossil fuels in the European power market. Mr Osbaldstone’s presentation examines the major influences on coal and gas fired power generation and the need for flexible supply capacity in order to adapt to the Europe Union’s (EU) low-carbon agenda and changing market frameworks.

Wood Mackenzie Says Australia Facing a Hiatus in LNG Development May 2013
At APPEA 2013 today, Wood Mackenzie's Head of Australia Upstream Consulting, Mr. Andrew McManus warned Australia faces a hiatus in new liquefied natural gas (LNG) projects as the focus of LNG buyers has turned to the United States (US).

Wood Mackenzie at APPEA 2013: Examining the Future of Australian LNG in the Global Context May 2013
Wood Mackenzie's Head of Australasia Upstream Consulting, Mr. Andrew McManus, will be presenting at a plenary spot in APPEA this year, examining how competitive Australia LNG supply will be and the future of the industry. Also, two Wood Mackenzie experts specialising in APAC gas & power issues and Australasia's upstream industry will be attending APPEA 2013. They will be available to speak with media, translating the external LNG environment for Australia's upstream sector.

Wood Mackenzie Says Australia's Resource Sector Investments Will Reach a Record A$85 billion this Year May 2013
Wood Mackenzie expects resource sector investments in Australia to peak in 2013 at A$85 billion (bn), dominated by spending in gas, followed by iron ore and coal. The high investment levels will be sustained over the next three years, surpassing the previous three year period.