Canada Remains Static in Global Attractiveness for Renewables
Canada remains the ninth most attractive country in the world for renewable energies, according to the latest global analysis by Ernst & Young.
Canada remains the ninth most attractive country in the world for renewable energies, according to the latest global analysis by Ernst & Young.
On the ‘all renewables' index, Canada rose one point from the last assessment in March "on the back of provinces introducing their own legislation to introduce feed-in tariffs following the Canadian budget, which left established renewables technologies in the cold," the report explains. "Quebec and Ontario have introduced new feed-in tariffs or, in the case of Ontario, a framework that allows the state energy authority to set the tariffs."
For wind, Canada scored 60, with a ranking of 64 for onshore wind and 46 for offshore wind; 48 for biomass and 59 for infrastructure; but only 33 for solar and 31 for geothermal. Canada's score on wind also rose one point since the last assessment due to support at the provincial level.
On wind, the United States was scored as most attractive country, followed by China, Germany, India, Britain, Spain, Canada (seventh spot), Italy, France, Ireland, Portugal, Greece, Sweden, Australia, Belgium, Netherlands, Poland, Denmark, Norway, New Zealand, Japan, Brazil, Turkey, Finland and Austria.
The Ernst & Young country attractiveness indices provide scores for national renewable energy markets, renewable energy infrastructures and their suitability for individual technologies. The main indices (all renewables and long-term wind) are referred to as long-term indices while the near-term wind index takes a two-year view with different parameters and weightings.
For the ‘all renewables' index, it combines individual technology indices with wind (onshore and offshore) comprising 75%, 10% for solar (both PV and CSP), and 15% for biomass and other resources. Individual technology indices are derived from scoring 35% for general country-specific parameters (infrastructure) and 65% for technology-specific parameters.
Featured Product
HPS EnduraCoilTM Cast Resin Medium Voltage Transformer
HPS EnduraCoil is a high-performance cast resin transformer designed for many demanding and diverse applications while minimizing both installation and maintenance costs. Coils are formed with mineral-filled epoxy, reinforced with fiberglass and cast to provide complete void-free resin impregnation throughout the entire insulation system. HPS EnduraCoil complies with the new NRCan 2019 and DOE 2016 efficiency regulations and is approved by both UL and CSA standards. It is also seismic qualified per IBC 2012/ASCE 7-10/CBC 2013. Cast resin transformers are self-extinguishing in the unlikely event of fire, environmentally friendly and offer greater resistance to short circuits. HPS also offers wide range of accessories for transformer protection and monitoring requirements.
