Global renewable energy country attractiveness and resource map. Global Cleantech Center November 2013

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1 Global renewable energy country attractiveness and resource map Global Cleantech Center November 2013

2 Global renewable energy country attractiveness and resource map 2 Global Cleantech Center 2013

3 To provide a global view of the renewable energy landscape, the following maps present renewable attractiveness and resource data on the 40 countries that are included in EY s Renewable Energy Country Attractiveness Index (RECAI). The RECAI ranks the attractiveness of 40 nations around the globe for investment in renewable energy generation infrastructure. Published since 2003, this widely quoted quarterly publication is an important reference for industry specialists and investors worldwide. The maps indicate the overall RECAI country ranking and score as well as the RECAI technologyspecific indices scores. In addition, the maps indicate key baseline renewable resource data for each county, including installed renewable generation capacity, capacity growth rate, new project pipeline and percentage of electricity generated from renewable sources. It is important to note that the overall and technologyspecific RECAI scores are the product of a variety of weighted inputs related to the macroeconomic, energy market and renewable technology drivers in a given country. For more information on the index methodology, please contact Klair White, RECAI Editor, at kwhite@uk.ey.com. Global renewable energy country attractiveness and resource map 3

4 World 16 Netherlands 28 Norway Belgium 18 Sweden 13 Denmark 29 Finland France Canada 3 Germany United Kingdom Ireland 1 United 1.8 States Portugal Morocco Mexico Spain 34.1 Key RECAI rank 2 China Installed capacity (GW) Brazil 26 Peru Renewable installed capacity 2012 Less than 2GW 2 to 5GW 5 to 25GW 25 to 40GW More than 40GW 15 Chile Note: For general comparability, renewable energy resources are presented in lglyd [YhY[alq Õ_mj]k3 `go]n]j$ al ak aehgjlyfl lg j][g_far] l`yl [YhY[alq ^Y[lgjk nyjq kmzklyflayddq Z]lo]]f l`] nyjagmk j]f]oyzd] j]kgmj[] lqh]k ]&_&$ kgdyj nk& oaf\ nk& ZageYkk!$ o`a[` Y^^][l Y[lmYd _]f]jylagf& 4 Global Cleantech Center

5 Global Installed capacity 612.6GW Project pipeline 689.1GW 35 Bulgaria Czech 25 Poland 3.5 Republic 33 Romania Ukraine Slovenia Turkey Greece 5 Japan 2 China 31 Israel 10 South Korea 38 Saudi Arabia 21 Austria India Taiwan Italy Thailand Kenya Australia 20 South Africa Global renewable energy country attractiveness and resource map 5

6 Key Regional views and details 6 Global Cleantech Center 2013

7 Key GW capacity of renewable projects under way 2012 installed renewable generation capacity CAGR installed renewable generation capacity China 22.8% Overall RECAI ranking % 15% of energy from renewable sources Major declared topline renewable goal Overall RECAI score is based on a variety of macroeconomic, energy market and renewable technology drivers Percentage of electricity generated from nonhydro renewable sources RECAI technology indices scores, reflecting a weighted average across macroeconomic, energy market and technologyspecific parameters Sources and data notes RECAI scores as of November Renewable capacity and pipeline data are sourced from Bloomberg New Energy Finance as of 6 June Pipeline capacity totals reflect renewable projects at the following stages of development: financing secured; permitted; partially commissioned; and announced/planning begun. Renewable energy electricity percentages are 2012 Business Monitor International estimates except for Belgium, Ireland as of 6 June New Zealand, Norway, Slovenia and South Korea. For these countries, the percentage is based on 2010 US Energy Information Administration (EIA) data for nonhydro renewable capacity and total electricity capacity as of 6 June Global renewable energy country attractiveness and resource map 7

8 AsiaPacific China 22.8% % 15% of energy from renewable sources Japan 6.20% % 10% of energy mix India 15.7% % 53GW by Thailand 7.4% Region total Installed capacity 220.7GW Project pipeline 292.1GW % demand by Australia 22.3% Taiwan 21.9% % % 20% of electricity 14.9% of total installed capacity by South Korea 33.5% % consumption by

9 North America Canada 8 No national target 14.2% % United States 10.6% % No national target Region total Installed capacity 147.4GW Project pipeline 199.9GW Mexico 17.4% % 35% of electricity production by Global renewable energy country attractiveness and resource map 9

10 Europe United Kingdom 21.6% % 15% of electricity by 2015; 80% Denmark 5.4% % 50% of electricity ; 100% by France 21.7% % consumption Ireland 27 40% of electricity 13.2% % Italy 12 26% of electricity Portugal 12.0% % 55%60% of electricity Region total Spain 10.5% % % % Installed capacity 229.5GW Project pipeline 215.7GW 10 Global Cleantech Center 2013

11 Norway 1.90% % consumption Sweden 10.4% % Finland 5.30% % consumption Netherlands 6.30% % Czech Republic 30.8% % 13.5% of total energy production Belgium 38.7% % 20.9% of electricity Germany 16.9% % 35% of electricity ; 50% by Austria 2.40% % consumption Europe continued, next page Global renewable energy country attractiveness and resource map 11

12 Europe Ukraine 158.7% % 19% of energy production by Romania 12.7% % consumption Poland 25.9% % consumption ; 20% by Slovenia 5.60% % consumption Bulgaria 31.2% % consumption Greece 23.1% % consumption Turkey 31.7% % 25% of electricity ; 30% by Global Cleantech Center 2013

13 South America Peru 3.2% % 5% of total power demand by 2013, excluding hydro over 20MW Chile 8.5% % 8% of electricity Brazil 14 27GW 14.0% % Region total Installed capacity 13.8GW Project pipeline 49.4GW Global renewable energy country attractiveness and resource map 13

14 Middle East and Africa Morocco 9.50% % 42% of electricity production Israel 50.6% % 5% of electricity by 2014; 10% Saudi Arabia N/A % 10% of electricity ; 50% by Kenya 6.71% % 32.39% 60% of energy from renewable sources by Region total Installed capacity 1.2GW Project pipeline 17.3GW South Africa 4.10% % 4% of electricity by 2013; 13%

15 Global renewable energy country attractiveness and resource map 15

16 Contacts Gil Forer Global Cleantech Leader gil.forer@ey.com Scott Sarazen Global Markets Leader scott.sarazen@ey.com Ben Warren Global Cleantech Transactions Leader bwarren@uk.ey.com Paul Naumoff Global Cleantech and CCaSS Tax Leader paul.naumoff@ey.com Heather Sibley Global Cleantech Assurance Leader heather.sibley@ey.com Nicola Marshall Global Cleantech Transaction Advisory Services Resident Manager nicola.marshall@ey.com John de Yonge Director, Account Enablement john.de_yonge@ey.com Scott E. Anderson Global Marketing Director, Cleantech scott.anderson@ey.com EY Assurance Tax Transactions Advisory About EY EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com. How EY s Global Cleantech Center can help your business From startups to large corporations and national governments, organizations worldwide are embracing cleantech as a means of growth, efficiency, sustainability and competitive advantage. As cleantech enables a variety of sectors, old and new, to transform and participate in a more resourceefficient and lowcarbon economy, we see innovation in technology, business models, financing mechanisms, crosssector partnerships and corporate adoption. EY s Global Cleantech Center offers you a worldwide team of professionals in assurance, tax, transaction and advisory services who understand the business dynamics of cleantech. We have the experience to help you make the most of opportunities in this marketplace, and address any challenges. Whichever sector or market you re in, we can provide the insights you need to realize the benefits of cleantech EYGM Limited. All Rights Reserved. EYG no. LI CSG/GSC 2013/ ED None This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice. ey.com/cleantech Lily Donge Global Knowledge Leader lily.donge@ey.com Alex Desbarres Global Strategic Analyst adesbarres@uk.ey.com