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UK hits all-time low in renewables rankings

UK hits all-time low in renewables rankings


The UK has dropped to 14th place in EY's quarterly index of the most attractive locations for renewables investment??its lowest position to date. The latest report, issued on Wednesday 26 October, said that the UK was "bucking the trend" towards an overall improvement in Europe, as a consequence of its vote to leave the EU, the dismantling of DECC, and the approval of the Hinkley Point C nuclear power project, which had undermined confidence among investors. The US remained in top place in the index, followed by China and India. The highest-placed European nation was Germany in 5th, while France moved up one place to 7th.

EY