According to the recent Global Renewable Energy Country Attractiveness Indices (CAI) released by Ernst & Young, China continues to dominate the global renewable energy sector. The survey grades 40 nations based on their renewable energy markets, renewable energy infrastructure, and their suitability for individual technologies
India came fourth in the ARI(All Renewable Index), scoring 64.1 points, UK fifth with 55.3 points, followed by France, Italy, Canada, Japan, and Brazil. India lost one point from the last index due to recent severe blackouts causing speculation that the country has not attracted private investments to modernize its power infrastructure
India is currently on Fourth-place and India slipped by a full point in the ARI, mainly because of its 600 million person blackout few time ago. Survey noted that the event has led to “speculation that the country has attracted insufficient private investment to modernize its power infrastructure and that renewable energy investment may suffer amid wide power system reforms.” Even so, it’s a bit depressing to note that a blackout that put twice the total population of North America into the dark for days merits a 1-point reduction, while the political mess facing the U.S. green power industry is worth a 1.5-point deduction. Blackouts eventually end, after all — but gridlock could last, well, forever.
The Ernst & Young CAI provide scores for national renewable energy markets, renewable energy infrastructures and their suitability for individual technologies. The indices provide scores out of 100 and are updated on a quarterly basis.
(Source: Ernest & Young)