Global renewable energy country attractiveness and ... · Global renewable energy country...

16
Global Cleantech Center November 2013 Global renewable energy country attractiveness and resource map

Transcript of Global renewable energy country attractiveness and ... · Global renewable energy country...

Global Cleantech CenterNovember 2013

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 2013

2

15

26

Chile

Peru

7 France13.9

11 Belgium

4.6

16 Netherlands

4.2

1.5

18 Sweden7.7

1 UnitedStates132.7

8 Canada

11.43 Germany

70.9

19 Spain34.1

28 Norway

6.3

27 Ireland

1.8

0.5

29 Finland

2.9

30 Mexico3.3

17 Portugal5.8

13 Denmark

5.0

4 UnitedKingdom

15.3

14 Brazil11.8

China

151.8

32 Morocco0.5

Installedcapacity (GW)

KeyRECAIrank

2 to 5GW

25 to 40GWMore than 40GW

5 to 25GW

Less than 2GW

Renewable installed capacity 2012

Note: For general comparability, renewable energy resources are presented in

World

5

9

10

25

22

23

33

39

2

India

Thailand

Japan

Poland

Romania

Slovenia

China31 Israel

0.338 Saudi

Arabia0.03 28.3 Taiwan

0.6

4.1

2.7

24 Turkey3.3

27.0

3.5

20 SouthAfrica

0.1

40 Kenya

0.3

36 Ukraine0.8

12 Italy

31.5

35 Bulgaria

2.0

0.5

37 CzechRepublic

3.3

151.834 Greece3.8

21 Austria4.3

2.1South Korea

6 Australia6.6

GlobalInstalled capacity

612.6GWProject pipeline

689.1GW

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

Biomass

Geothermal

Hydro

71.368.574.159.3

61.845.8

54.6

China

71.63.12%

151.83

222.99

22.8%

15% of energy from renewable sources by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

2

Key

CAGR installed renewable generation capacity 2007–12

2012 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 November 2013.• Renewable capacity and pipeline data are sourced from Bloomberg New Energy Finance as of 6 June 2013.• 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 2012 Business Monitor International estimates except for Belgium, Ireland

as of 6 June 2013. New Zealand, Norway, Slovenia and South Korea. For these countries, the percentage is based on 2010 US Energy Information Administration (EIA) data for non-hydro renewable capacity and total electricity capacity as of 6 June 2013.

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

Biomass

Geothermal

Hydro

55.954.358.422.6

55.930.5

46.4

SouthKorea

53.61.46%

2.09

8.61

33.5%consumption by 2030

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

10

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

51.344.054.939.9

49.334.7

44.2

Taiwan

48.32.08%

0.64

0.85

21.9%

14.9% of total installed capacity by 2025

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

22

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

71.368.574.159.3

61.845.8

54.6

China

71.63.12%

151.83

222.99

22.8%

15% of energy from renewable sources by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

2

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

62.245.864.864.6

52.645.2

47.6

Australia

60.35.19%

6.61

23.18

22.3%

20% of electricity by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

6

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

60.157.070.1-

65.457.0

53.0

Japan

62.23.57%

26.94

5.88

6.20%

10% of energy mix by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

5

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

50.2-58.446.2

51.229.4

40.1

Thailand

47.94.37%

2.71

2.56

7.4%demand by 2022

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

23

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

60.535.062.160.7

51.838.2

49.9

India

57.33.48%

28.27

22.78

15.7%

53GW by 2017

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

9

Installed capacity

220.7GWProject pipeline

292.1GW

Region total

9Global renewable energy country attractiveness and resource map

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

74.166.075.073.1

62.469.5

54.6

UnitedStates

74.75.41%

132.71

93.72

10.6%

No national target

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

1

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

63.652.158.531.9

54.539.0

52.9

Canada

57.95.24%

11.39

19.59

14.2%

No national target

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

8

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

53.625.948.346.3

42.446.4

42.7

Mexico

45.23.95%

3.26

6.59

17.4%

35% of electricity production by 2024

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

30

North America

Installed capacity

147.4GWProject pipeline

199.9GW

Region total

10 Global Cleantech Center 2013

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

55.330.555.858.3

47.122.3

37.6

Spain

50.221.82%

34.14

14.14

10.5%by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

19Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

57.537.554.248.8

51.046.0

46.7

Portugal

51.426.78%

5.76

1.17

12.0%

55%-60% of electricityby 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

17

Europe

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

65.974.961.4-

61.540.2

44.9

UnitedKingdom

62.310.10%

15.30

62.88

21.6%

15% of electricity by 2015;80% by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

4

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

60.545.035.2

23.2-

50.439.8

Ireland

45.917.38%

1.81

4.42

13.2%

40% of electricity by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

27

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

56.136.358.251.4

54.552.3

50.1

Italy

53.015.63%

31.48

7.64

26.1%

26% of electricity by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

12

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

61.357.860.248.8

56.847.3

47.3

France

58.04.30%

13.90

13.06

21.7%consumption by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

7

Installed capacity

229.5GWProject pipeline

215.7GW

Region total

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

60.561.050.7-

57.9-

40.2

Denmark

52.844.49%

5.00

1.23

5.4%

50% of electricity by 2020;100% by 2050

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

13

11Global renewable energy country attractiveness and resource map

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

58.758.352.1-

56.931.9

41.3

Netherlands

51.913.16%

4.20

5.08

6.30%by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

16

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

57.161.256.0-

56.538.9

41.9

Belgium

53.116.28%

4.57

2.98

38.7%

20.9% of electricity by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

11

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

59.047.534.3-

48.830.9

49.9

Norway

45.61.88%

6.32

8.50

1.90%consumption by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

28

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

67.971.671.8-

66.650.7

50.9

Germany

68.120.05%

70.89

36.61

16.9%

35% of electricity by 2020;50% by 2030

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

3

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

60.958.544.0-

58.532.6

49.7

Sweden

51.211.07%

7.68

16.60

10.4%by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

18

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

57.2-52.4-

54.437.9

48.8

Austria

48.813.67%

4.26

0.39

2.40%consumption

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

21

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

58.657.131.7-

59.5-

41.0

Finland

45.315.82%

2.86

5.82

5.30%consumption by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

29

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

48.4-46.3-

46.926.6

40.8

CzechRepublic

40.46.39%

3.27

0.95

30.8%

13.5% of total energy production by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

37

Europe continued, next page

12 Global Cleantech Center 2013

Europe

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

56.531.847.452.0

43.050.8

49.2

Turkey

47.73.42%

3.26

4.07

31.7%

25% of electricity by 2020;30% by 2023

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

24

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

49.121.350.751.1

43.334.6

38.6

Greece

43.810.03%

3.84

5.68

23.1%consumption by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

34

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

47.129.847.0-

42.0-

39.4

Ukraine

40.50.25%

0.83

4.07

158.7%

19% of energy production by 2030

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

36

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

57.437.944.8-

52.141.0

44.1

Poland

46.57.89%

3.52

8.51

25.9%consumption by 2020; 20% by 2030

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

25

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

52.725.649.1-

39.832.1

43.2

Romania

44.20.16%

4.11

6.36

12.7%consumption by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

33

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

47.924.847.4-

39.627.1

41.8

Bulgaria

40.82.54%

2.01

5.38

31.2%consumption

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

35

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

45.413.746.8-

45.637.3

45.6

Slovenia

39.74.85%

0.49

0.14

5.60%consumption

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

39

13Global renewable energy country attractiveness and resource map

South America

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

58.930.353.453.6

61.622.6

52.3

Brazil

52.66.80%

11.81

26.95

14.0%

27GW by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

14

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

55.234.256.563.2

49.344.8

48.6

Chile

52.26.10%

1.45

13.52

8.5%

8% of electricity by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

15

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

46.729.954.351.3

49.443.4

51.7

Peru

46.41.49%

0.53

8.90

3.2%

5% of total power demand by2013, excluding hydro over 20MW

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

26

Installed capacity

13.8GWProject pipeline

49.4GW

Region total

Middle East and Africa

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

53.828.156.358.9

38.2-

44.1

SouthAfrica

49.70.13%

0.12

11.50

4.10%

4% of electricity by 2013;13% by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

20

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

51.821.249.557.9

20.9-

37.7

Morocco

44.33.42%

0.52

2.03

9.50%

42% of electricity production 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

32 Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

45.516.956.259.1

36.1-

40.1

Israel

45.00.82%

0.26

1.56

50.6%

5% of electricity by 2014; 10% by 2020

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

31

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

40.813.153.050.2

17.926.8

-

SaudiArabia

39.80.00%

0.03

0.10

N/A

10% of electricity by 2020; 50% by 2030

Overall score

RE electricity

5yr CAGR

GW now

in pipeline+

38

Installed capacity

1.2GWProject pipeline

17.3GW

Region total

44.49%RE electricity

60% of energy from renewablesources by 2030

2.10

6.71%5yr CAGR

0.3GW now

in pipeline

Onshore wind

Offshore wind

Solar PV

Solar CSP

Biomass

Geothermal

Hydro

46.421.744.047.8

40.348.8

42.4

Kenya

39.6Overall score

40

32.39%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]

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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.

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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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