Truth To Power

Truth to Power - Episode 48

On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro takes a look at the feed in tariffs, public finance & capital efficiency of #renewableenergy within the European region from the IntelStor Future of Renewables #marketresearch Report. With the exception of solid biofuels, the feed in tariffs for all renewable energy technologies has been over US$100 / MWhr. The average feed in tariff price in Europe has averaged more than the rest of the world. It is for this reason that several member states are calling for subsidies to be eliminated, and power offtake auctions to be held subsidy free. In the past 25 years, Europe has received a total of US$88.3 billion in public finance, with a slight majority of it going to hydropower. Despite the COVID induced drop in 2020, the region consistently receives approximately US$6 billion annually which has been split between solid biofuels, offshore wind, onshore wind and hydropower. Solar PV leads the European region on capital efficiency of public finance with just US$11,000 in public funds spent per installed megawatt. By contrast, offshore wind has received a substantial amount of public finance in Europe over the years, but it has a somewhat poor capital efficiency of US$532,000 / MW. This further complicates the industry conversation regarding why ongoing subsidy support for offshore wind projects should be reconsidered since the projects already receive public funding support to offset some of the capital expenditure in project development. This show examines data driven insights for the energy sector, with a focus on renewables. To subscribe to IntelStor Research Notes and get early access to our latest content as well as these Truth to Power weekly editorials, visit https://lnkd.in/e98Z9qs3

Truth to Power - Episode 47

On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro [https://www.linkedin.com/preload/] presents the generation and efficiency of #renewableenergy within the European region from the IntelStor Future of Renewables #marketresearch Report.   Renewable energy power generation in Europe has seen impressive growth regionally in the past 25 years. Scaling from 692 terawatt hours to 2.4 petawatt hours demonstrates a commitment to deployment of the technology.   While it has been suggested that Europe sees more than 50% of total electricity generation in the region from renewables, IntelStor data proves this is not the case. In fact, capacity factors are still down for renewable energy technologies when compared to non-renewable sources that are widely used including nuclear, coal and natural gas.   Even with the planned capacity additions through 2030, capacity factor should evolve consistently in the next five years with technologies like waste to energy, geothermal biogas as well as chemical heat and hydrogen leading the way.   This show examines data driven insights for the energy sector, with a focus on renewables. To subscribe to IntelStor [https://www.linkedin.com/preload/] Research Notes and get early access to our latest content as well as these Truth to Power weekly editorials, visit https://lnkd.in/e98Z9qs3

Truth to Power - Episode 46

On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro presents the capacity and market share of #renewableenergy within the European region from the IntelStor Future of Renewables #marketresearch Report. Europe ended the year at just under 78% renewable market penetration and are poised to exceed 82.3% renewable capacity by the end of 2030 according to IntelStor's forecast. Solar PV leads the region in market share with 39.25% as of the end of 2025. Onshore wind has seen enough growth that there is now more than 262 GW installed at a 26.4% market share, having overtaken hydropower at 23.48%. Annual additions should remain in the 57 – 82 GW range, until 2030, but Europe is coming towards the end of their decarbonization phase and they will need to focus more on repowering in the next 10 years compared to a significant investment in capacity buildout. Offshore wind will see faster acceleration with new build in Poland, Germany, the Netherlands and the UK leading the way. Tenders in Sweden, Norway, Denmark, Estonia, and eventually Italy should help to solidify the trajectory of offshore wind in the region. This show examines data driven insights for the energy sector, with a focus on renewables. To subscribe to IntelStor Research Notes and get early access to our latest content as well as these Truth to Power weekly editorials, visit https://lnkd.in/e98Z9qs3

Truth to Power - Episode 45

On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro looks at the feed in tariffs, public finance & capital efficiency of #renewableenergy within the Asia Pacific region from the IntelStor Future of Renewables #marketresearch Report. Feed in tariffs in the Asia Pacific region have averaged between US$67.05 / MWhr for marine energy deployed in South Korea up to US$108.77 / MWhr for solid biofuels across the region. Annual public investment in the Asia Pacific region has taken off since 2011. Since then, annual disbursement has been between US$3.8 – 8.3 billion with an upward trend and the highest ever regional public finance investment in the most recently reported period. Hydropower has dominated the regional allocation of public investment of more than $88.6 billion with more than $41.5 billion or 46.8% of the total allocation. Solid biofuels have received a substantial amount of public funding recently, with $20.9 billion or 23.7% of the total funding allocation. Solar leads out of all the technologies on capital efficiency (total public investment per MW installed) with just $2,000 per installed megawatt of public funding allocation, having largely relied upon private finance for the scale up of the technology. Onshore wind has seen $12,000 / MW and offshore wind $16,000 / MW in public funding, making them some of the most capital efficient technology deployments globally. This show examines data driven insights for the energy sector, with a focus on renewables. To subscribe to IntelStor Research Notes and get early access to our latest content as well as these Truth to Power weekly editorials, visit https://lnkd.in/e98Z9qs3

Truth to Power - Episode 44

On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro presents the generation and efficiency of #renewableenergy within the Asia Pacific region from the IntelStor Future of Renewables #marketresearch Report. China’s significant investment in onshore wind dating back to 2005 and solar from 2010 onwards helped take hydropower down from more than 91% of overall generation to just over 40% by the end of 2025. Solar ended last year contributing 25.9% of the total 5.64 petawatt hours that was generated. Geothermal ends 2025 with the highest capacity factor across all technologies in the Asia Pacific region, but with a limited deployment compared to other technologies. Curiously, onshore wind only sees an average capacity factor of 19.8% which is significantly below the rest of the world for that technology. Similarly, solar PV has only shown an average of 13.8% capacity factor which is dragging down the global average. Solar has under-performed on efficiency up until now, and basically comprises the lowest efficiency level of any mainstream form of power generation. But the promise of new technology could not only improve capacity factors, it has the potential to unlock a doubling of the amount of solar power generation used by the grid. This show examines data driven insights for the energy sector, with a focus on renewables. To subscribe to IntelStor Research Notes and get early access to our latest content as well as these Truth to Power weekly editorials, visit https://lnkd.in/e98Z9qs3