Kategori : ELECTRICITY ENERGY NEWS, ENERGY AGENDA NEWS, SOLAR ENERGY NEWS, WIND ENERGY & RES NEWS - Tarih : 15 May 2021

As the Biden Administration aims to significantly increase federal investment in renewable energy under the American Jobs Plan, the United States already ranks as the most attractive market for renewables investment, according to results from a new ranking by IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions.

The IHS Markit Global Renewables Markets Attractiveness Rankings, which tracks attractiveness for investment for non-hydro renewables (offshore wind, onshore wind and solar PV), placed the United States in the number one spot for the period ending December 2020. The United States claimed the top spot on account of sound market fundamentals and the availability of an attractive—though phasing down—support scheme.

Mainland China, which accounted for over half of the world’s total non-hydro renewables additions last year, ranked third on the attractiveness ranking—just behind number 2 Germany—as difficulties in accessing the market weighed down its overall score.

The IHS Markit Global Renewable Markets Attractiveness Rankings utilize an integrated proprietary methodology to provide comparable views of 35 markets that are expected to account for 90% of non-hydro renewables capacity additions to 2030.

“Onshore wind, offshore wind and solar PV are set to account for over 80% of all new power generation capacity additions globally to 2030,” said Eduard Sala de Vedruna, executive director, global clean energy technology and renewables, IHS Markit. “While the lion’s share of 2020 capacity additions came from just two markets—China and the United States -close to 50 markets recorded double digit growth in the past year. The investment opportunity in renewables is significant and the new Global Renewable Markets Attractiveness Rankings is an important tool for investors to better understand the relative attributes of a given market.”