Netherlands falls 1 point in Ernst & Young renewable energy index

Sep 12, 2012 - The Netherlands slipped to the 23th from the 22th position in the ranking measuring the attractiveness of individual countries for investments in renewable energy in the three months to August 2012, in the index compiled by consultant Ernst & Young.

Certain drawback of the investment climate in the Netherlands are the scarce opportunities for large-scale projects, the comparatively often changing subsidy regimes and the relatively long duration of procedures, according to Diederik van Rijn, Utilities & Renewables transactions leader at Ernst & Young.

Ernst & Young covers in its survey 40 national markets for renewable energy, including green energy infrastructure and the applicability of individual technologies. The index is revised on a quarterly basis.

China retained its top position in the Renewable Energy Country Attractiveness Index: August 2012 following a fourfold increase of its target on solar energy capacity to 50 GW by 2020.

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