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 #solar market from the IntelStor Future of Renewables #marketresearch Report.

Over the past 15 years, cost of energy reduced from over US$400.00 / MWhr to under US$50.00 / MWhr. While cost competitiveness with the global average for coal still remains elusive, the anticipated future performance improvements from perovskite based cell technology which will allow solar PV to match the cost of energy performance of onshore wind and achieve un-subsidized parity with the global price of coal based power.

Out of US$396.6 billion of public funding spent on renewable energy technologies since the year 2000, the total investment of solar PV has been just US$13.6 billion. Also, out of a total annual spend on renewable energy between US$16.2 – 34.8 billion, solar PV only sees US$478 million up to just over US$1.1 billion back in 2018.

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