Truth To Power

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.

Episodes

24 minutes ago

9 min

On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro investigates the installed capacity and market share of the global #geothermal market from the IntelStor Future of Renewables #marketresearch Report.
The global market for geothermal technology is 18.35 GW as of the end of 2025 with deployment in 36 different countries. The Asia Pacific region currently leads the world in global installed capacity of geothermal, with Indonesia and the Philippines poised to continue their growth. Türkiye and the USA are also accelerating project development, which could see Europe and the Americas regions gain on Asia Pacific.
By 2030 the global geothermal market should see the Asia Pacific region leading with 42.2% share, the Americas at 34.2%, Europe at 13.6% and Africa & the Middle East 9.9%.
Until 2025, annual capacity additions were typically between 200 – 600 MW per year, but the global industry is poised to add another 13.6 GW of new capacity in the next five years. The Asia Pacific region will see 44.6% of that capacity added, with 36% in the Americas, 13.3% in Africa & the Middle East and 6.2% in Europe.
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

24 minutes ago

9 min

Oct 28, 2026

6 min

On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro looks at the LCOE, feed in tariffs, public finance and capital efficiency of the global #biogas market from the IntelStor Future of Renewables #marketresearch Report.
Cost of energy, which is the full measure of cost per megawatt hour produced, sees the biogas industry at a fairly flat level with a global average in the US$73.50 / MWhr range. With prices for non-renewable power generation spiking in 2026 due to geo-political tensions and conflicts, biogas is afforded an opportunity to appeal to more of the investors who might overlook it during times when they have good margin spread on natural gas, oil or coal investments.
Except for a surge in funding in 2018, the level between US$53-136 million has been mainly directed towards project development support. Europe dominates the public funding of just over US$1.06 billion since 2000, with almost 66% of the total. The Americas has seen almost US$210 million which has mainly gone to project finance, and the same goes for the $122 million that was disbursed to the Asia Pacific region.
Despite having received less of the total global investment, the Asia Pacific region has the best capital efficiency amongst all the regions which have biogas deployed. At US$37,000 per installed MW they are slightly more capital efficient than Europe at US$43,000 / MW and the Americas at US$76,000 / MW. As with many technologies, the capital efficiency of biogas in the Africa & Middle East region is poor at US$406,000 / MW for the 174.2 MW installed there.
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

Oct 28, 2026

6 min

Oct 21, 2026

6 min

On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro digs into the generation and efficiency of the global #biogas market from the IntelStor Future of Renewables #marketresearch Report.
Biogas generation has increased from an annual total of just over 13 terawatt hours globally in 2000 to just under 100 terawatt hours by the end of 2025. Another 5.3GW of installed capacity are set to increase generation by another 20 terawatt hours by 2030, with a remarkably resilient efficiency.
Across all global regions, biogas technology maintains a robust average capacity factor, ranging from 33.6% in Africa & the Middle East up to 48.6% in Europe. While one may expect capacity factor to be highest in Europe, the Americas also shows remarkably strong performance with a 47.4% capacity factor.
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

Oct 21, 2026

6 min

Oct 14, 2026

7 min

On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro analyzes the installed capacity and market share of the global #biogas market from the IntelStor Future of Renewables #marketresearch Report.
The global market for biogas is 22 GW as of the end of 2025 with adoption in 105 countries. Europe leads the world in biogas technology and Germany leads all counties for the use of the technology with 33.2% of the total capacity installed. Europe’s 15.4GW deployed represents almost 70% of the global capacity installed, followed by the Asia Pacific region as well as the Americas.
More recently, Asia has been growing their market share for biogas as China has been deploying the technology, but they only have 1.6GW installed. Annual capacity additions are likely to range between 670 MW to 1 GW per year with a modest uptick predicted through 2030. Europe will still lead the world in capacity additions, but Asia Pacific will begin to catch Europe by 2030, as they look poised to add just over 1.1 GW of capacity at that point.
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

Oct 14, 2026

7 min

Oct 7, 2026

8 min

On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro takes a look at the LCOE, feed in tariffs, public finance and capital efficiency of the global waste to energy market from the IntelStor Future of Renewables #marketresearch Report.
The levelized cost of energy (LCOE) for waste to energy has proven to be challenging when compared to other forms of non- renewable power generation. It is a somewhat cost effective option with an average around US$63.00 – 73.00 / MWhr unsubsidized. However, when compared to the top three non-renewable generation sources, coal, natural gas and petroleum, the low points and the average cost do not appear to be getting more competitive.
Europe has the highest average at US$122.80 / MWhr driven largely by high prices for energy in general, but also the largest contribution to subsidy support in the world.
Between 2008 and 2018 some substantial funding was provided in Europe and a modest amount in Asia Pacific to supplement private investment in new project development. Waste to energy technology has received a total of just under US$3 billion in public finance support for project developments as well as market investigations of the technology. The overwhelming majority of that public finance was allocated to Europe with 73.6% of the total.
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

Oct 7, 2026

8 min

Sep 30, 2026

5 min

On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro presents the generation and efficiency of the global waste to energy market from the IntelStor Future of Renewables #marketresearch Report.
Generation for waste to energy technology started the century at 17.7 terawatt hours per year with the Americas providing 47.4% of the total and Europe at 44.4%. The contribution from Asia Pacific has made the largest leap in the past 25 years, growing from 8.2% of the total to 73.2% of the total generation of more than 123 terawatt hours by 2025.
The average capacity factor for the installed base of waste to energy technology shows that Europe holds the highest performance at 55.4% followed by the Americas at 44.9%. Despite the substantial installed capacity, Asia Pacific only achieved an average capacity factor of 31.5% while Africa & the Middle East has been disadvantaged by a lack of technical knowledge and operational experience as well as access to spare parts to improve the availability of the power generation source.
From the year 2000 Europe’s waste to energy facilities decreased the average capacity factor from 59.3% to 55.4% by 2025. The Americas saw the highest drop-off from 65% to 44.9%. and is expected to decrease further by 2030. The Asia Pacific region went from an average of 36.3% in the year 2000 down to 31.5% by 2025 as they have scaled new capacity significantly.
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

Sep 30, 2026

5 min

Sep 23, 2026

8 min

On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro analyzes the installed capacity and market share of the global waste to energy market from the IntelStor Future of Renewables #marketresearch Report.
The global market for waste to energy is 24.4GW as of the end of 2025 with capacity installed in 53 different countries around the world. Many countries which have cultivated a significant solid waste issue have explored this technology to help ensure the waste does not just build up or get buried.
As with many other renewable energy technologies, China has shown a dominance in the waste to energy market by installing 62.9% of the total global capacity. Many countries such as India, would benefit from this technology to a greater degree, but they have yet to scale up significantly.
By 2030, the Asia Pacific region should see 78.4% share with Europe reduced to less than 18% and the Americas at only 2.4%. Capacity additions for waste to energy have seen a recent spike, with more than 2 GW of global capacity added in 2025. At least 2 GW per year should be added in the Asia Pacific region plus 230 – 360 MW in Europe pear year.
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

Sep 23, 2026

8 min

Sep 16, 2026

7 min

On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro investigates the feed in tariffs, public finance and capital efficiency of the global chemical heat & #hydrogen market from the IntelStor Future of Renewables #marketresearch Report.
While there have been cutbacks since 2019, particularly in Africa & the Middle East, there is still around $600 million per year which is provided to support project developments. The funding provided in Africa & the Middle East is particularly concerning. Spread out since 2005 for a period of 13 years, the region has seen a total of US$14.2 billion on studies to investigate capacity ramp up in the region using either chemical heat or hydrogen based techniques.
Overall, capital efficiency is relatively good for chemical heat and hydrogen with only $27,000 per installed megawatt being spent in the Asia Pacific region. That is comparable to the best performing renewable energy technologies when it comes to leveraging public finance. The total for Africa and the Middle East at US$244,000 / MW in public finance is somewhat deceptive.
This figure only includes the capital pledged for the capacity actually installed. Since the bulk of the US$14.2 billion which has been allocated in Africa has not yet been installed, it is merely wasted expenditure at this point. This is one of the worst examples of wasted public funding allocation in the entire renewable energy sector, and something that needs to be more thoroughly investigated to ensure this has not been provided to countries with no potential for commercial exploitation of chemical heat or hydrogen technology.
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

Sep 16, 2026

7 min

Sep 9, 2026

5 min

On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro analyzes the generation and efficiency of the global chemical heat & #hydrogen market from the IntelStor Future of Renewables #marketresearch Report.
In the year 2000 just 29.7 terawatt hours of chemical heat for power generation were produced, but by 2025, that increased to 160.12 terawatt hours. Europe led the market with more than 50% of the total generation back in the year 2000. By 2025 Asia Pacific took over the lead in generation with 46.5%, Europe dropped to 28.5% and the Americas improved from just under 10 % in the year 2000 to over 25% by 2025.
Capacity factors indicate that Europe has had an average of 41.2%, but a wide variety of technological implementations has meant that other regions have seen performance under this level. Asia Pacific’s 37.6% reflects more recent deployment of less efficient hydrogen generation technology which then allows the hydrogen fuel to be used for power generation. This is inherently less efficient than a chemical heat process, which is largely used in Europe.
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

Sep 9, 2026

5 min

Sep 2, 2026

7 min

On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro analyzes the installed capacity and market share of the global chemical heat & #hydrogen market from the IntelStor Future of Renewables #marketresearch Report.
The global market for chemical heat and hydrogen is 72.7GW as of the end of 2025 in 57 countries. Significant deployments in the United States, Mexico and China total 72.3% of the entire global installed capacity. These countries have chosen to prioritize hydrogen storage and power generation deployments during the recent hype cycle of the technology.
China’s 15.3 GW of capacity helped secure Asia Pacific’s 27.6% share, while much of Europe was previously dependent on chemical heat for power generation and has not yet deployed a significant amount of hydrogen.
While there are still countries that are looking at the utilization of chemical heat for power generation, without the capacity from hydrogen this industry segment would only have approximately 20 GW installed globally. there should be between 4.7 and 6.7 GW of capacity installed annually over the next five years.
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

Sep 2, 2026

7 min

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