Global renewable energy country attractiveness and ... · Global renewable energy country...
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Global Cleantech CenterNovember 2013
Global renewable energy country attractiveness and resource map
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
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
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