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. 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

  2. Jun 24

    Truth to Power - Episode 54

    On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro dives into the LCOE, feed in tariffs, public finance and capital efficiency of the global #hydropower market from the IntelStor Future of Renewables #marketresearch Report. While hydropower has tickled being competitive with petroleum and natural gas more recently, it should be clear that the trend on cost of energy is gently increasing over time from below US$50 / MWhr in the year 2000 to more than US$57.00 / MWhr in the most recently reported period. Over time, the volume of subsidies paid to power offtakers for hydropower generation has diminished as a significant amount of public funding is shifting towards other renewable energy technologies including solid biofuels, onshore wind and offshore wind. With a total of US$170 billion for hydropower since the year 2000, the industry has seen some of the best …support for both project development as well as refurbishment and repowering over the years. Brazil has famously received more than US$39 billion for hydropower development in the past 25 years alone. While Africa & the Middle East has the highest performance when measured by capacity factor and other measures of efficiency, their capital efficiency is the lowest at US$988,000 per installed MW. 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. May 27

    Truth to Power - Episode 50

    On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro presents the generation and efficiency of the global #solar market from the IntelStor Future of Renewables #marketresearch Report.   Generation for solar PV was anemic 25 years ago compared to the 2.25 petawatt hours the industry produced by the end of 2025. By 2030, the world will have more than 3 petawatt hours of solar PV generation from the more than 3 terawatts installed.   Capacity factors in the Americas for solar PV lead the world with an average across the region of15.3%. Africa & Middle East is close behind at 14.2% with the Asia Pacific region a disappointing 11.5% despite such a significant installed capacity.   Europe’s poor performance should not necessarily be that surprising at just 8.6% average capacity factor given that the majority of the solar PV capacity is installed in latitudes which have less irradiance compared to the rest of the world.   While the industry continues further development along the path of non- perovskite technologies, the industry-focused research and development of perovskite-based technologies shows the most promise to dramatically improve efficiency when panels are repowered on existing project sites.   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.