The Raking drawn by Ernst & Young , saw how the emerging markets have ever more importance in the balance of renewable energy investments. Investors will focus increasingly on markets characterized by economic growth and energy demand and important natural resources. From this point of view, the countries to watch in 2014 are Ethiopia, Kenya, Indonesia, Malaysia and Uruguay.
The “Renewable Energy Country Attractiveness Index” ( the index that measures the attractiveness for investment in renewable energy in forty countries ) show – also this year – at the first position the U.S. chased closely by China which has now reduced the gap.
Japan , Italy, Canada , India , Francia and Brazil ( for take in account only the first 12 positions) rise up in the list, compared to the last year.
Who lost some position are UK and Australia, stopped by the instability of the energy policies.
Contrariwise, Germany and South Korea, remain anchored to their positions.
In addition, from the research by Ernst & Young can be deduced that investments in renewable worldwide in 2013 were down 11%. But the anlysts are optimistic for the current year, Claudio Lencovich (senior Manager EY Energy Team) said that resilience, efficiency, technological innovation and opportunities in new markets and innovative financing tools will be the key factors of growth.
For more info about Renewable Energy Country Attractiveness Index, visit Ernst & Young website.
PVCompare Team