Ernst & Young, an international professional services company, showed striking gains made by developing countries in its most recent “Renewable energy country attractiveness indices.”
According to the report, “Western Europe and the US markets have been hit by a perfect storm of reduced government incentives, restricted access to capital in increased competition from abroad.” Specifically singled out as “[sharing] an acute need for more renewable power” were Argentina, Hungary, Israel, Tunisia and Ukraine.
China remains atop of the list of the 40 countries evaluated for all renewables, while Brazil entered the top ten for the first time. Yet Romania made the greatest leap, with its renewable energy attractiveness index reaching 13th from being unlisted only two years ago.
Scores are derived by rating general country-specific parameters such as infrastructure as well as technology-specific parameters and are out of a possible score of 100.
Below are country indices in the “biomass and other resources” category.
Ernst & Young renewable energy country attractiveness indices: biomass and other resources (November 2011)
Rank | Country | Score |
1 | Germany | 65 |
2 | USA | 61 |
3 | India | 59 |
4 | China | 58 |
5 | UK | 57 |
6 | France | 57 |
7 | Sweden | 56 |
8 | Italy | 53 |
9 | Finland | 52 |
10 | Brazil | 51 |
11 | Canada | 49 |
12 | Austria | 48 |
13 | Spain | 46 |
14 | Denmark | 45 |
15 | Norway | 45 |
16 | Romania | 44 |
17 | Ireland | 44 |
18 | Ukraine | 43 |
19 | Australia | 42 |
20 | Poland | 42 |
21 | Hungary | 41 |
22 | South Korea | 40 |
23 | Portugal | 39 |
24 | Belgium | 38 |
25 | Mexico | 38 |
26 | Japan | 37 |
27 | Netherlands | 36 |
28 | South Africa | 36 |
29 | Egypt | 35 |
30 | Taiwan | 35 |
31 | Morocco | 35 |
32 | Greece | 34 |
33 | New Zealand | 34 |
34 | Turkey | 34 |
35 | Bulgaria | 33 |
36 | Argentina | 31 |
37 | Czech Republic | 30 |
38 | Chile | 27 |
39 | Israel | 25 |
40 | Tunisia | 19 |