Truth To Power

Truth to Power - Episode 9

On this week’s episode of #TruthtoPower, our Founder & CEO, Philip Totaro shares the ultimate #windturbine buyers guide including the technical and commercial analysis used by the procurement departments of project developers. There are many different ways to leverage data to make informed procurement decisions. The factors being evaluated by procurement departments include capacity factor, historical performance vs energy yield, purchase price per megawatt-hour produced, & OpEx cost per megawatt-hour produced. Additionally, #renewableenergy project developers look at is their project pro- forma model. This factors in the CapEx costs, OpEx costs, PPA, PTC, the cost of finance and everything that influences whether a project will be commercially viable or not. Have a listen today, and get in touch with your best questions about the USA or any other country around the world. 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/grfixJn

Truth to Power - Episode 8

On this week’s episode of #TruthtoPower, our Founder & CEO, Philip Totaro explores the improvement in wind energy asset profitability in the USA. In 2023, the USA had 20.3GW of #windenergy assets which were not going to break even during the lifetime of the project on the capital that was initially invested. In 2024, that dropped dramatically to 14.36GW of projects that are still below the profitability line through the planned end of asset life. According to IntelStor #marketresearch, this dramatic improvement is due to a combination of improving PPA prices, but also some slight improvements in the technical performance of wind energy in the USA. Including utility power offtake agreements, publicly filed corporate power purchase contracts and merchant power prices, the average PPA price in 2024 in the USA was $55.96/MWhr compared to $36.76 in 2023. Have a listen today, and get in touch with your best questions about the USA or any other country around the world. 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/grfixJn

Truth to Power - Episode 7

On this week’s episode of #TruthtoPower, our Founder & CEO, Philip Totaro dives into the changes to the production tax credits and manufacturing tax credits in the proposed tax and budget bill in the USA. Since the inception of the renewable energy production tax credit back in the 1990’s the US government has provided more than $150 billion to energy producers in the form of a subsidy that adds on… well, these days it’s $31 / MWhr on top of the PPA for the first 10 years of the operation of the power generation. The existence of the production tax credits have sparked more than $500 billion in investment in the United States. IntelStor data on the production tax credits for wind energy show that more than $66.3 billion has supported the wind energy sector alone over more than 3 decades. Have a listen today, and get in touch with your best questions about the USA or any other country around the world.

Truth to Power - Episode 6

On this week’s episode of #TruthtoPower, our Founder & CEO, Philip Totaro examines the potential for #offshorewind in Canada after the recent election which reaffirmed Mark Carney as the Prime Minister. His vision to invest in infrastructure and have Canada become and "energy superpower" has every potential of succeeding given the outright hostility from the United States towards energy technologies including #renewableenergy. Newfoundland & Labrador has ~70 GW of technical potential that can be exploited and Nova Scotia has recently increased their target for permitting to 40GW, with 5GW to start the permitting process before the end of 2025. Canada needs ~CAD$1 billion in port infrastructure improvements and supply chain developments to fully exploit the country's technical potential. Grid infrastructure also needs more work, with the possibility of a CAD$24 billion nationally interconnected grid system that could provide a welcomed market balancing capability. Have a listen today, and get in touch with your best questions about Canada or any other country around the world. 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/grfixJn

Truth to Power - Episode 5

On this week’s episode of #TruthtoPower, our Founder & CEO, Philip Totaro takes a deep dive into the money being jeopardized by the pending tax and budget legislation, and the lack of government accountability from #renewableenergy industry trade groups and lobbyists. Since the Inflation Reduction Act was passed, a total of $52.78 billion was committed to 181 different renewable energy equipment manufacturing or supply chain development projects. Since January, approximately $2.3 billion of those investments have been cancelled, mainly in part because of lack of matching funds from the federal government. #Windenergy is particularly hindered, seeing just a fraction over $4 billion of the $53 billion in factory investments announced. The government matching funds were supposed to be anywhere from about 20 – 50% of the total CapEx.

Truth to Power - Episode 4

On this week’s episode of #TruthtoPower, our Founder & CEO, Philip Totaro deconstructs the patent infringement litigation between 3S Lift and Cooper New Energy on climb assist systems. This new litigation may end up costing Cooper millions in product sales, simply because they did not undertake an IP Risk Certification as part of their go to market launch strategy in the USA. To date, there has been more than $5.2 billion in total commercial loss in the wind energy sector due to patent litigation dating back to 1994. IntelStor’s IP risk certification has saved more than $390 million in royalty payments and legal damages that companies would have otherwise had to pay.

Truth to Power - Episode 3

On this week’s episode of #TruthtoPower, our Founder & CEO, Philip Totaro looks at the recent meetings of Brazilian President Lula da Silva in China, and the announcements made by Yunda Wind Power, CGN and Envision Energy to invest in the Brazilian market. More than $1.5 billion was committed to Brazil for renewable energy project development, research & development facilities as well as the potential for new factories targeting the onshore and offshore wind market. We'll also dive into the efforts of Goldwind, Sinoma and Mingyang Smart Energy to establish a presence in Brazil and grab market share away from Western companies who have abandoned the market.

Truth to Power - Episode 2

On this week’s episode of #TruthtoPower, our Founder & CEO, Philip Totaro is diving into the Australian election and the impact it will have on the onshore and #offshorewind market. We're also re-affirming IntelStor’s #marketresearch forecast for the wind energy sector in Australia with a total of 115.8 GW projected by 2035. We've made certain assumptions on hydrogen demand as well as permitting for offshore wind, new transmission capacity and also the pace of adoption for consumer storage technologies. All of which will help offset negative pricing and curtailments of utility scale generation facilities.

Truth To Power - Episode 1

On this week’s premier episode, we’re diving into IntelStor’s latest market research note on the impact of the US administration’s hostility towards the US offshore wind sector.