Since 2003, the Ernst & Young Environmental Finance team has been releasing quarterly data that ranks national renewable energy markets, and their suitability for individual technologies. The Country Attractiveness Indices now track the relative attractiveness of 40 countries' renewable energy markets across a selection of technologies each quarter.
Renewable Energy Country Attractiveness Indices
To find out more about the renewable markets, read the latest Ernst & Young Renewable Energy Country Attractiveness Indices below which scores and comments on various technologies, including wind, solar PV, solar CSP, biomass, and geothermal.Following a record 2011, investment in clean energy in Q1 2012 was the weakest since the worst of the financial crisis three years ago, and grid parity is now key to longer-term success as clean energy faces a challenging 2012.
- The gap between developed and emerging markets in the indices has noticeably reduced. In the West, fiscal challenges have dampened public policy support, while developing countries are introducing incentive mechanisms and implementing national energy strategies.
- Renewable technologies are becoming more cost competitive, stimulating global activity. The price of solar PV modules, for example, fell by 50% in 2011. The sector continues to face significant challenges though.
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