16
Global Cleantech Center February 2014 Global renewable energy country attractiveness and resource map
Global Cleantech CenterFebruary 2014
Global renewable energy country attractiveness and resource map
Global renewable energy country attractiveness and resource map
2 Global Cleantech Center 2013
3Global renewable energy country attractiveness and resource map
To provide a global view of the renewable energy landscape, the following maps present renewable attractiveness and resource data on the 40 countries that are included in EY’s Renewable Energy Country Attractiveness Index (RECAI). The RECAI ranks the attractiveness of 40 nations around the globe for investment in renewable energy generation infrastructure. Published since 2003, this widely quoted quarterly publication is an important reference for industry specialists and investors worldwide.
The maps indicate the overall RECAI country ranking and score as well as the RECAI technology-specifi c indices scores. In addition, the maps indicate key baseline renewable resource data for each county, including installed renewable generation capacity, capacity growth rate, new project pipeline and percentage of electricity generated from renewable sources. It is important to note that the overall and technology-specifi c RECAI scores are the product of a variety of weighted inputs related to the macroeconomic, energy market and renewable technology drivers in a given country. For more information on the index methodology, please contact Klair White, RECAI Editor, at [email protected].
4 Global Cleantech Center 2014
2
14
25
Chile
Peru
9 France14.6
13 Belgium
5.1
16 Netherlands
6.1
1.5
20 Sweden8.5
1 UnitedStates139.5
6 Canada
13.53 Germany
77.4
18 Spain34.9
30 Norway
6.6
28 Ireland
2.0
0.6
27 Mexico3.6
17 Portugal6.2
15 Denmark
6.1
5 United Kingdom
18.8
12 Brazil18.7
China
182.8
31 Morocco0.5
Installed capacity (GW)
KeyRECAI rank
2 to 5GW
25 to 40GWMore than 40GW
5 to 25GW
Less than 2GW
Renewable installed capacity 2013
Note: For general comparability, renewable energy resources are presented in
World
4
7
10
26
21
22
32
40
2
India
Thailand
Japan
Poland
Romania
Slovenia
China29 Israel
0.635 Saudi
Arabia<0.1 31.9 Taiwan
0.8
6.0
3.3
34 Finland
3.1
23 Turkey3.9
34.2
4.6
19 SouthAfrica
0.3
39 Kenya
0.9
37 Ukraine1.1
11 Italy
33.8
36 Bulgaria
2.1
0.8
38 Czech Republic
3.4
182.833 Greece4.8
24 Austria5.0
2.5South Korea
8 Australia8.2
GlobalInstalled capacity
698.6GWProject pipeline
711.1GW
5Global renewable energy country attractiveness and resource map
KeyRegional
views and details
6 Global Cleantech Center 2013
7Global renewable energy country attractiveness and resource map
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
71.769.074.659.5
46.162.6
54.8
China
182.8
225.7
22.2%5yr CAGR
GW now
in pipeline+
2consumption by 2015
73.13.39%
Overall score
RE electricity
Key
CAGR installed renewable generation capacity 2008–13
2013 installed renewable generation capacity
GW capacity of renewable projects under way
Overall RECAI score is based on a variety of macroeconomic, energy market and renewable technology drivers
Sources and data notes• RECAI scores as of February 2014.• Renewable capacity and pipeline data are sourced from Bloomberg New Energy Finance as of 17 February 2014.• Pipeline capacity totals refl ect renewable projects at the following stages of development: fi nancing secured; permitted;
partially commissioned; and announced/planning begun.• Renewable energy electricity percentages are 2013 Business Monitor International estimates as of 17 February 2014
except for Belgium, Ireland, Norway and Slovenia . For these countries, the percentage is based on 2011 US Energy Information Administration (EIA) data for non-hydro renewable generation capacity and total electricity generation as of 17 February 2014.
Percentage of electricity generated from non-hydro renewable sources
RECAI technology indices scores, refl ecting a weighted average across macroeconomic, energy market and technology-specifi c parameters
Major declared top-line renewable goal
Overall RECAI ranking
Asia-Pacifi c
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
56.054.758.725.9
30.758.1
46.6
SouthKorea
54.90.66%
2.5
8.5
22.9%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
10
consumption by 2030
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
51.344.154.937.2
34.649.3
44.2
Taiwan
49.42.13%
0.8
0.8
28.2%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
2116.1% of total installed electricity capacity by 2030
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
71.769.074.659.5
46.162.6
54.8
China
182.8
225.7
22.2%5yr CAGR
GW now
in pipeline+
2consumption by 2015
73.13.39%
Overall score
RE electricity
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
60.544.461.561.8
43.751.0
46.8
Australia
58.25.80%
8.2
22.2
21.9%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
820% of electricity by 2020
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
60.157.270.2-
57.365.7
53.2
Japan
64.14.09%
34.2
6.9
10.6%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
410% of energy mix by 2020
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
49.7-57.945.9
29.150.8
39.7
Thailand
49.24.76%
3.3
3.7
11.6%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
2214% of electricity by 2022
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
60.736.262.660.7
38.252.1
49.9
India
58.43.74%
31.9
23.2
15.1%
55GW by 2017
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
7
Installed capacity
263.8GWProject pipeline
291.0GW
Region total
9Global renewable energy country attractiveness and resource map
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
73.565.474.372.6
68.761.5
54.3
UnitedStates
74.45.87%
139.5
100.0
9.4%
No national target
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
1
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
64.251.959.432.0
39.254.9
53.0
Canada
58.94.95%
13.5
16.9
16.1%
No national target
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
6
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
53.926.148.646.5
46.842.8
43.1
Mexico
46.04.47%
3.6
7.4
19.4%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
2735% of electricity by 2026
North America
Installed capacity
156.6GWProject pipeline
124.2GW
Region total
10 Global Cleantech Center 2014
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
54.931.555.256.2
22.147.1
39.8
Spain
50.622.26%
34.9
12.6
6.9%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
18
consumption by 2020
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
56.536.653.247.9
45.150.0
46.2
Portugal
50.728.08%
6.2
1.3
9.6%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
17
consumption by 2020
Europe
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
65.774.561.2-
40.064.8
44.8
UnitedKingdom
62.813.30%
18.8
66.0
25.2%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
5consumption by 2020
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
61.445.835.6
51.4-
23.540.2
Ireland
45.218.14%
2.0
4.7
12.2%consumption by 2020
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
28
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
56.036.458.153.6
50.853.8
48.7
Italy
53.716.99%
33.8
7.2
24.6%consumption by 2020
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
11
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
60.557.659.648.7
45.756.2
46.9
France
57.9 4.60%
14.6
12.8
18.4%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
9consumption by 2020
Installed capacity
254.9GWProject pipeline
221.4GW
Region total
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
60.160.149.9
57.5-
-40.0
Denmark
52.145.47%
6.1
0.8
9.7%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
15
consumption by 2020
11Global renewable energy country attractiveness and resource map
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
58.457.851.8-
31.856.8
41.1
Netherlands
52.013.41%
6.1
5.1
8.8%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
16
consumption by 2020
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
56.560.455.3-
38.456.0
41.6
Belgium
53.311.76%
5.1
3.0
37.0%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
13
consumption by 2020
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
60.148.335.0-
31.649.9
50.5
Norway
44.91.43%
6.6
10.7
1.9%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
30
consumption by 2020
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
65.970.069.2-
48.264.6
49.5
Germany
66.821.05%
77.4
38.0
16.4%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
3consumption by 2020; 30% by 2030
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
60.958.744.0-
32.758.5
49.8
Sweden
50.314.86%
8.5
14.7
11.1%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
20
consumption by 2020
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
56.3-
51.4-
37.153.5
47.9
Austria
48.214.39%
5.0
0.4
5.5%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
24
consumption by 2020
Onshore wind
Offshore wind
Solar PV
Solar CSP
Hydro
58.657.331.6
-Biomass
40.7
Finland
43.615.70%
3.1
6.3
6.2%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
34
consumption by 2020
Geothermal
59.4
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
48.3-45.8-
26.546.8
39.8
CzechRepublic
40.86.35%
3.4
1.2
26.9%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
3813.5% of total energy production by 2020
Europe continued, next page
12 Global Cleantech Center 2014
Europe
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
57.232.348.252.5
51.643.8
49.6
Turkey
48.34.87%
3.9
4.9
27.9%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
2325% of electricity by 2020; 30% by 2023
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
48.621.049.750.7
34.142.9
38.4
Greece
44.013.04%
4.8
5.6
26.3%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
33
consumption by 2020
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
46.829.646.6-
-41.7
39.3
Ukraine
41.10.31%
1.1
4.0
126.0%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
37
consumption by 2020
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
57.337.844.5-
40.451.3
44.0
Poland
46.110.14%
4.6
10.8
25.8%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
26
consumption by 2020; 20% by 2030
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
52.525.548.6-
32.039.7
43.1
Romania
44.60.26%
6.0
6.3
21.4%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
32
consumption by 2020
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
48.225.047.7-
27.440.0
40.5
Bulgaria
42.12.91%
2.1
5.1
28.2%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
36
consumption by 2020
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
44.713.446.2-
36.744.9
45.2
Slovenia
40.02.14%
0.8
0.1
16.7%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
40
consumption by 2020
13Global renewable energy country attractiveness and resource map
South America
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
59.730.754.454.2
22.962.5
52.6
Brazil
53.47.16%
18.7
32.4
19.6%
16% of total installed electricity capacity by 2020
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
12
Biomass
55.134.156.463.3
44.749.3
48.5
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Hydro
Chile
52.56.99%
1.5
16.0
8.2%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
1410% of electricity by 2024
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
46.229.553.750.8
42.848.7
51.6
Peru
46.82.19%
0.6
7.3
7.2%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
2540% of total energy consumption by 2021
Installed capacity
20.9GWProject pipeline
55.7GW
Region total
Middle East and Africa
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
53.527.856.658.9
-37.9
43.8
SouthAfrica
50.60.22%
0.3
13.1
22.6%
9% of electricity by 2030
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
19
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
51.721.249.558.0
-21.0
37.6
Morocco
44.87.93%
0.5
2.0
9.5%
42% of electricity by 2020
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
31 Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
44.516.554.257.1
-35.4
39.8
Israel
45.11.00%
0.6
1.5
75.7%%
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
29
consumption by 2020
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
40.913.153.250.3
26.918.0
-
SaudiArabia
42.30.01%
0.0
0.1
N/A
Overall score
RE electricity
5yr CAGR
GW now
in pipeline+
3523.85GW by 2022; 54GW by 2032
Installed capacity
2.3GWProject pipeline
18.8GW
Region total
Onshore wind
Offshore wind
Solar PV
Solar CSP
Geothermal
Biomass
Hydro
46.821.844.147.9
47.440.5
42.444.49%RE electricity
60% of energy from renewable sources by 2030
2.1
27.2%5yr CAGR
0.9GW now
in pipeline
Kenya
40.4Overall score
39
20.62%RE electricity
15Global renewable energy country attractiveness and resource map
ContactsGil ForerGlobal Cleantech Leader+1 212 773 [email protected]
Scott SarazenGlobal Markets Leader+1 617 585 3524 [email protected]
Ben WarrenGlobal CleantechTransactions Leader+44 20 7951 [email protected]
Paul NaumoffGlobal Cleantech and CCaSSTax Leader+1 614 232 [email protected]
Heather SibleyGlobal Cleantech AssuranceLeader+1 415 894 [email protected]
Nicola MarshallGlobal Cleantech TransactionAdvisory Services ResidentManager+1 212 773 [email protected]
John de YongeDirector, AccountEnablement+1 201 872 [email protected]
Scott E. AndersonGlobal Marketing Director,Cleantech+1 201 872 [email protected]
Lily DongeGlobal Knowledge Leader+1 202 327 [email protected]
Alex DesbarresGlobal Strategic Analyst+44 20 7951 [email protected]
EY | Assurance | Tax | Transactions | Advisory
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How EY’s Global Cleantech Center can help your business From start-ups to large corporations and national governments, organizations worldwide are embracing cleantech as a means of growth, efficiency, sustainability and competitive advantage. As cleantech enables a variety of sectors, old and new, to transform and participate in a more resource-efficient and low-carbon economy, we see innovation in technology, business models, financing mechanisms, cross-sector partnerships and corporate adoption. EY’s Global Cleantech Center offers you a worldwide team of professionals in assurance, tax, transaction and advisory services who understand the business dynamics of cleantech. We have the experience to help you make the most of opportunities in this marketplace, and address any challenges. Whichever sector or market you’re in, we can provide the insights you need to realize the benefits of cleantech.
© 2014 EYGM Limited.All Rights Reserved.
EYG no. LI015778CSG/GSC 2014/1129408ED None
This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.
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