Spain, among the most attractive countries to invest in renewable energy — idealista/news

by time news

2023-06-16 11:39:13

Spain consolidates its position in the ‘top 10’ of the countries with the greatest investor attractiveness in renewable energy and maintains its eighth position compared to the previous edition in this year’s world ranking. A new edition of informe Renewable Energy Country Attractiveness Index (RECAI), elaborado por EYonce again places the US at the top of the list, followed by Germany, which unseats China for the first time and is placed in second position thanks to its commitment to renewable energy.

Agustín Rico, partner responsible for the Energy Sector of EY in Spain, considers that “the current economic landscape could facilitate incentives and spending on infrastructure projects, which would provide even more opportunities for the renewable energy industry to boost demand for green energy. Agents who want to prosper in this new environment will need access to flexible capital and the entire energy value chain, as well as agility to operate in multiple jurisdictions” and, he adds: “the construction and reinforcement of localized supply chains need to be expedited to meet net zero emissions targets.

Spain is positioned as one of the main European powers in renewables, adding 5.9 GW of new renewable power in 2022being the second European country in installed renewable capacity.

“RECAI 61 shows that governments around the world are placing renewable energy at the center of their energy policies and are legislating to transform the market in ways that respond to national concerns about energy supply and affordability,” he highlights. the EY report. “Recent world events and the increased commitment of countries to energy security have exposed the limitations of relying on imported energy.”

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