Truth To Power

IntelStor

Truth to Power is a weekly editorial from IntelStor Founder & CEO, Philip Totaro. It examines data driven insights for the energy sector, with a focus on renewables.

  1. Aug 12

    Truth to Power - Episode 61

    On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro digs into the installed capacity and market share of the global #offshorewind energy market from the IntelStor Future of Renewables #marketresearch Report. The global market for offshore wind is 99GW as of the end of 2025 with installation of the technology in just 19 different countries. The Asia Pacific region is dominated by China, resulting in more than 56.7 GW installed and 57.3% market share. Europe is second with a total of 41.1 GW installed for 41.6% market share. The region has planned capacity auctions in the United Kingdom Germany, the Netherlands, Denmark, France and Poland that will keep the industry segment growing. While the forecast for annual capacity additions had to be re-adjusted after the policy changes in the USA we remain confident that the world will see close to 150 GW of new capacity additions over the next five years. Europe has approximately 61 GW in their installation pipeline, while Asia Pacific is poised to almost double their current installed capacity with another 50.7 GW. The Americas had hoped to add substantially to this, but they may only manage 14 – 15 GW out of the 34.8 GW originally planned. 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

  2. Aug 5

    Truth to Power - Episode 60

    On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro digs into the LCOE, feed in tariffs, public finance and capital efficiency of the global solid #biofuels market from the IntelStor Future of Renewables #marketresearch Report. Feed in tariffs (FiTs) for solid biofuels have an average range from US$89.58 – US111.71 / MWhr, but ranging upwards of US$300.00 / MWhr in some countries in the Americas, Asia Pacific and European regions as well. Such high FiT prices underscore how the asset owners  of solid biofuels are able to achieve profitability, but as noted in the study of solid biofuels LCOE, such the industry would not be as competitive as other renewable energy technologies without such generous support. Prices are now below US$150 / MWhr across Europe as well as the Asia Pacific regions, which still provide modest subsidies to support prices. A total of US$81.8 billion in public funding has been allocated to solid biofuels in the past 25 years with Africa & the Middle East  taking a total of 35%. For solid biofuels in the Africa &  Middle East region, the figure  of just under US$8.4 million per installed megawatt with a total of US$28.7 billion of funding allocated over the past 25 years is the worst performance in the entire renewable energy industry. While we cannot point directly to incompetence or corruption at this time, this discrepancy warrants further investigation to understand how that much public funding could be deployed with so few results. 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

  3. Jul 8

    Truth to Power - Episode 56

    On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro presents the generation and efficiency of the global onshore #windenergy market from the IntelStor Future of Renewables #marketresearch Report. Onshore wind energy has grown from a little over 30 terawatt hours globally in 2000 to more than 2.3 petawatt hours by 2025. The wind energy sector did grow away from Europe and towards the Asia Pacific region in overall percentage of the contribution to generation. By the end of 2025 Asia Pacific has 53% of the contribution to global generation, with the Americas at 24%, Europe at 23% and Africa & Middle East region still around 1%. Capacity factor analysis for onshore wind energy indicates that the Americas region shows the highest average at over 32%. The Asia Pacific region has the worst performance due to the challenges faced by Chinese wind turbine OEMs with the maintenance of their equipment. Over time, the efficiency across all global regions has increased due to improving efficiency of new wind turbine models introduced in the past 25 years. Nevertheless, the average capacity factor of onshore wind energy when compared to other forms of renewable energy is still relatively poor. For each 5% increment that average capacity factor can be increased via efficiency improvements in the wind turbine technology, it would result in a 2% reduction in the average cost of energy. This reduction could prove quite important as onshore wind energy continues to see a challenge from conventional power generation technologies such as coal, oil and natural gas. 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

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Truth to Power is a weekly editorial from IntelStor Founder & CEO, Philip Totaro. It examines data driven insights for the energy sector, with a focus on renewables.