UK rises to seventh place on renewable attractiveness leaderboard

EY says this is largely due to embracing subsidy-free solar, building new onshore wind projects and repowering old wind farms

Brexit, Hinkley knocks UK’s renewable attractiveness to all-time low

The UK’s attractiveness to renewable investors has fallen to an all-time low, with uncertainty caused by Brexit being one of the factors. According to EY’s latest table of the world’s most attractive renewable energy markets, the nation has continued to lose its appeal in the eye of investors – falling to 14th place. The approval […]

UK’s attractiveness to renewable investors at all-time low

The UK’s attractiveness as a destination for renewable investment has reached an all-time low. That’s according to EY’s latest Renewable Energy Country Attractiveness Index (RECAI) which has ranked the country in 13th place out of 40 nations. The report said the nation’s attractiveness to renewable investors fell due to a combination of energy policy changes and […]

Policy changes push UK out of top 10 green table

The UK has missed its spot among the top 10 most attractive countries for renewable energy investment for the first time. It follows the “earlier than expected” reduction in subsidy support and “inconsistencies surrounding the UK’s energy policy”, according to EY. Its latest Renewable Energy Country Attractiveness Index (RECAI) revealed the UK fell to 11th place […]

UK renewables investor appeal ‘lowest in five years’

The UK’s attractiveness for renewable energy investment has fallen to its lowest level in almost five years, according to a new report. The latest Renewable Energy Country Attractiveness Index (RECAI) from EY sees the nation drop from sixth to seventh place as a result of “yet more policy tinkering” and the Government’s “rush” to allocate […]

EY’s Ben Warren on the renewable attractiveness index

ELN Reporter Priyanka Shrestha talks to Ben Warren, Partner at EY about the latest quarterly Renewable Energy Country Attractiveness Index (RECAI) report.

Political uncertainty knocks UK off one place for renewable investment

The UK has tumbled one place from fourth to fifth in the latest ranking on how attractive it is for renewable energy investment. That’s a result of prolonged political uncertainty, “less-than-welcome” news that mature technologies need to compete for Contracts for Difference (CfD) scheme and a series of offshore wind project cancellations, according to EY’s […]

EY: UK policy inconsistency threatening renewables investment

The UK renewables industry needs “consistency in policy” to attract the $30 billion (£22.3bn) of investment needed by the end of the decade. That’s the view of Ben Warren (pictured), Head of Environmental Finance at EY, who believes policy uncertainty is still one of the biggest setbacks for renewable energy investment in Britain. His comments […]

EY: UK not doing enough to win long-term renewable investors

Britain has risen one spot to fourth in the latest ranking of the most attractive countries for investment in renewable energy, however, the Government is being urged to do more to boost the sector. According to the EY’s latest Renewable Energy Country Attractiveness Indices (RECAI), the UK moved up one place due to “revised electricity […]

USA knocks China off top renewable perch

The United States has knocked China off the top perch in a table which ranks nations on how attractive they are for renewable energy investment. The US reclaimed the top spot in Ernst&Young’s latest Renewable Energy Country Attractiveness Indices (RECAI) after surprisingly losing out to China a couple of years ago. China dropped into second […]