Michael Taylor has 30 years' experience in energy modeling, the economic analysis of energy sector issues and energy policy development. He is responsible for IRENA's analysis of renewable technologies cost and performance.
Michael's recent publications include IRENA's Renewable Power Generation Costs in 2021, which draws on IRENA's database of 20 000 utility projects and 12 000 auction/tender results, Renewable Technology Innovation Indicators: Mapping progress in costs, patents and standards, The Cost of Financing for Renewable Power and Low-cost finance for the energy transition (a G20 paper). Michael has contributed to numerous other publications that focus on the energy sector and the economic and environmental challenges it faces.
Prior to IRENA Michael has worked for the New Zealand and UK governments, as well as a consultant and at the IEA on the World Energy Outlook (WEO) and as one of the lead authors of the IEA's groundbreaking series Energy Technology Perspectives: Scenarios and Strategies to 2050.
04:35 pm - 04:50 pm
An inflationary environment with high product and labor costs as well as rising interest rates have made investments into solar projects less attractive at a time when Europe needs to accelerate deployment in order to meet its climate targets. On top of that, policy makers are creating uncertainty among investors by implementing caps on revenues and rushing to modify an established electricity market design.
This session will cover: