China, India and Brazil at top of renewable energy country attractiveness indices

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