Energy consultancy Wood Mackenzie reveals the result of its renewables acquisitions
LONDON: More than a half trillion dollars has been invested in renewable energy globally in the last two years. Over that same period, energy and natural resource consultancy Wood Mackenzie has built the world’s leading renewable energy market intelligence business. Today Wood Mackenzie formally introduces its new division, Wood Mackenzie Power & Renewables.
Wood Mackenzie Power & Renewables will provide research and consulting on the transformation of the global power landscape. The 115-strong team based in 15 countries is made up of the former solar, energy storage, and grid edge experts from GTM Research, the wind consultants and analysts from MAKE and the global power team from Wood Mackenzie.
“Over the last two years, we’ve invested heavily to integrate our datasets, our technology platforms, and most importantly, our teams,” said Mark Brinin, Executive Vice President of Wood Mackenzie. “We’ve brought together our research, advisory, news and events businesses to provide all manner of information and networks to our clients and to have a voice across the whole industry– hundreds of thousands of people who are engaged in this energy transformation, from consumers adopting innovative technologies, to the companies providing critical advancements and investments in these markets.”
The Wood Mackenzie Power & Renewables team joins 500 Wood Mackenzie analysts and consultants spanning oil, gas, LNG, metals, mining, chemicals and corporate analysis.
Wood Mackenzie Power & Renewables enables clients to make strategic decisions and forge the path toward a decarbonised and decentralised electricity market. The division delivers reports, data and advisory services on the global energy value chain, covering everything from long-term power forecasts, to new business models at the grid edge, to component pricing for solar systems, to the most recent project data and vendor activity.
Wood Mackenzie Power & Renewables will continue to work closely with the editorial and events teams at Greentech Media, part of the GTM Research acquisition, to tell the story of the energy transition and uncover new trends based on Wood Mackenzie research.
Wood Mackenzie, a Verisk Analytics business, is a trusted source of commercial intelligence for the world’s natural resources sector. We empower clients to make better strategic decisions, providing objective analysis and advice on assets, companies and markets. For more information, visit: www.woodmac.com or follow us on Twitter @WoodMackenzie.