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. MAY 13

    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

    8 min
  2. APR 22

    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

    9 min
  3. APR 15

    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

    6 min
  4. APR 6 ·  BONUS

    Truth to Power - Episode Special

    On this special episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro presents the highlights of the new global #windenergy forecast.   The global market for onshore wind energy is 1.2 TW as of the end of 2025, with capacity installed in over 149 countries. Onshore wind energy may still be behind hydropower in installed capacity as of the end of 2025, but by the end of 2026, it will become the #2 renewable energy technology installed globally.   The popularity of the technology has been down to cost efficiencies on both capital expenditure and levelized cost of energy. Asset owners have seen overwhelmingly positive returns on their investments, and the technology has been one of the most capital efficient when leveraging public finance or support.   Another 573.8 GW of capacity should be installed globally by 2030 with the Asia Pacific region leading the way, followed by the Americas, then Europe. This will add another 35.5% to the existing installed capacity. Africa & the Middle East still have a way to go in order to catch up to the rest of the world on installed capacity. However, they will continue with the resource exploitation as Saudi and UAE based investors have not only sought to increase their footprint of wind energy investments globally, but also support regional growth.   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

    9 min

About

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.