• CERAWeek
  • March 18 - 22, 2024

Francesco d’Avack

IHS Markit

Senior Analyst, Global Renewables

Francesco d’Avack, Senior Analyst, Global Renewables, IHS Markit, focuses on renewable power markets worldwide and in particular on solar technologies. His responsibilities include coordination of global renewable power deliverables such as long-term forecasts, cost projections, and asset ownership league tables. He also assists with scenario analysis and provides support for multiclient studies. Before joining IHS Markit, Mr d’Avack worked for Capgemini, a consultancy, and for Bloomberg New Energy Finance, where he has analyzed global solar markets. Mr d’Avack holds a Bsc from the London School of Economics and a master’s degree from Sciences Po Paris. He speaks English, German, French, and Italian.

Sessions With Francesco d’Avack

Thursday, 14 March

  • 11:30am - 12:30pm (CST) / -

    Global Solar: Shifting the focus from cost to value

    Panel Power Climate/Environment/Sustainability

    Solar has witnessed a very rapid deployment globally, becoming the most installed source of new power generation, with over 40% of total capacity additions in 2017. Dramatic cost reductions have been driving this rapid deployment and, in some geographies, PV is already the cheapest source of generation on an LCOE basis. However, future development is challenged by the gradual phase out of direct subsidies across the world, the increased exposure of solar assets to market risks, and price cannibalization in more mature markets. As the penetration and market exposure of solar continues to rapidly increase, the questions around the value of intermittent generation, the role of flexibility and batteries, technology, and emerging business models become more pressing.

  • 06:10pm - 06:40pm (CST) / -

    Solar & Storage: Exploring cost trends & business models

    Panel Power Climate/Environment/Sustainability

    Solar and wind power costs globally have dropped rapidly during the past decade. Renewable project tender prices and feed-in tariffs are also dropping across the world. Many believe aggressive cost declines are still possible and will likely allow renewables to reach parity with conventional power very soon. How will technological development, scale of manufacturing, and local development experience build-up continue to affect costs for wind and solar? When should we expect renewable costs to become competitive with thermal generation costs? Will storage cost fall fast enough to allow system-wide costs of firm renewable power also reach parity with conventional power?