Offshore Technology International has published a round-up of global opportunities in renewable and conventional energy, based on analysis developed by PA Consulting Group’s Energy Investment Map. The map, an online tool which rates the investment potential of 11 different renewable and conventional generation technologies in 30 countries, gives investors an overview of where they might search for the best opportunities. It also gives policymakers a valuable understanding of how their countries compare with others in terms of promoting different technologies and encouraging investment.
The latest release of PA’s Energy Investment Map identifies onshore and offshore wind generation in the UK as two of the strongest contenders for attracting funds from businesses and investors. As a result, the UK ranks 6 out of 30 in the map’s renewable energy index, which rates countries according to anticipated internal rates of return and associated risks.
The article goes on to focus on the top opportunities in renewables across the globe. It shows that China heads PA’s renewable energy index due to a combination of extensive, high-quality renewable resources (and the potential for their development) as well as government support that provides attractive pricing for renewable energy.