Whole Network Most Recent TOP10 Capital Investing H2 Nuclear Solar

 

Renewable Energy - Just How Sexy is It?

Filed in archive Alternative Energy , Market , Opinion , Renewable Energy by michael on April 25, 2006

Renewable Energy - Just How Sexy is It?
This article is co-authored by Hans De Keulenaer and Michael Olivo. Hans De Keulenaer is the Manager for Electricity & Energy at the European Copper Institute. He maintains the Sustainable Energy Blog.

Hans establishes the quick stage for this article by providing information on the most attractive countries for renewable technology/energy investment; he also provides some detail about their decision-making considerations for investment in those countries. After Hans' introductory material, Michael provides a brief op-ed commentary.

Top 5 countries to invest in renewable energy



According to the Ernst & Young Renewable Energy Country Attractiveness Index, the 5 most attractive countries for investment are Spain, USA, Germany, UK and India, in that order.

The index provides an overall score for renewable technologies that are currently entering the market on a large scale, i.e. wind, solar and biomasslinks. Wind as the most important renewable from a business perspective today, is weighted 85%, solar and biomass respectively 5% and 10%. For each technology, an index is constructed based on a mixture of infrastructure and technology factors:

- Infrastructure (35%): Market risk, Planning & grid connection issues, Access to finance

- Technology (65%): Power offtake attractiveness, Tax climate, Grant/soft loan availability, Market growth potential, Current installed base, Resource quality, Project size

Financial aspects, i.e. access to finance, power offtake attractiveness, tax climate and grants/soft loans, often regarded as the critical factor of success for renewable energy sources, are weighted together 35.5%. They're a very necessary, but far from sufficient condition for development.

Addendum May 3

Meanwhile, E&Y updated the index with a Spring 2006 edition the top 5 remains the same, but India took the 4th position from UK. Also Portugal, China and Ireland are becoming (slightly) more attractive, according to the index.

Setting aside this informative post:

So how sexy is renewable energy? I imagine a meeting where a bored of directors is considering getting into the new renewable energy arena...

Exec... Director to the bored, "We might consider investing in new wind generation capacity of 500 MW but first we must consider the Tax Climate and what about the Market Risk, and for that matter the Grid Connection Issues? With all this Planning and the Lack of Soft Loan Availability, I'm not sure if the Weighted Factors considering the Offtake Attractiveness would be supported by our Infrastructure ...

Sounds sexy to me...


Advertisement


Permalink: Renewable Energy - Just How Sexy is It?
Tags: energy,  renewable 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/20743



Advertisement


Advertisement


CW ToolbarInstall
RSSrss   | See all blog subscribe options
Googlegoogle   |   What is RSS?
Yahoo!yahoo
AddthisAddThis Feed Button
BloglinesBloglines
Newsletter
Advertisement - Book yours here.

Use our search feature to look for other interesting posts

Just this blog Whole network
Advertisement -
Book yours here..


 
Advertisement
Book yours here.



  • Testimonials

  • I have been reading your blog for a few months now, and I really enjoy all the interesting information I am able to get from it. - Shion Deysarkar of Beyond Pollution, Inc.
  • Thank you for you interest in helping people be more aware of the number one problem of our earth - global warming - Twinkle Tismo
  • Hello! This grass absorbant is great, they should have all gas station floor like this so every month it can be disposed of so the environment does not get contaminated. I have to say, I really enjoyed reading your blog. It is hard to find a well written blog like this. - Jessica Kardon
  • Other blogs in the same channel in the Creative Weblogging Network

Advertisement -
Book yours here..






Advertisement - Book yours here..
 
Tagcloud: Alternative Energy Automobiles Base Effort Biofuel Biogas Biomass Capital Investing Carbon Neutral Clean Coal Current News Earth Science Edge Technology Electric Cars Energy Efficiency Fuel Prices Future Geothermal Global Climate H2 Hydro Market New Frontier Nuclear Opinion Peak Oil Political Renewable Energy Solar Storage Tide True Stories US Video Entry Wave Wind World