in News Departments > New & Noteworthy
print the content item

The U.S. has soared past China to assume the leadership position in renewable energy investment, according to Ernst & Young's latest quarterly Renewable Energy Country Attractiveness Index.

Unsurprisingly, California dominated the index, but states like Colorado, Massachusetts and Texas also demonstrated a commitment to growing energy infrastructures across the nation.

For instance, New Mexico and Colorado came in second and third, respectively, in the "All Renewable Index" because of consistent growth and strong potential across all renewable energy technologies. Massachusetts and Texas tied for fifth, with a strong draw for solar and wind investment, respectively.

The top five states for long-term wind power potential were California, Colorado, New Mexico, Illinois and Texas.

"The State Attractiveness Indices data enables us to look at specific states and regions and understand what they are doing with renewable energy development and infrastructure on a microscopic level," notes Michael Bernier, senior manager, national tax at Ernst & Young. "It enables us to fine-tune the discussion about the overall U.S. market.

Despite uncertain macroeconomic conditions, renewable energy - particularly in states like Massachusetts, Colorado, Texas and California - is positioned very favorably to benefit from future investments, Ernst & Young also said in a separate, forward-looking report.

The continuance of renewable energy incentives, such as the production tax credit, would have a significant impact on what has become a thriving domestic manufacturing sector, the report adds.



Trachte Inc._id1770
Latest Top Stories

Why States Should Adopt A Renewable Portfolio Standard

A new study analyzes the potential benefits of state renewable energy mandates, as well as recommends what such policies should include.


Sen. Reid Vows To Bring Wind PTC To A Vote By Year's End

Nevada's senior senator provides some encouragement to wind industry advocates during his annual Clean Energy Summit.


Steadily, Wind Turbine OEMs Resume R&D Investment

An increased commitment to research and development will likely lead to wind energy innovation - not to mention a likely increase in patent-protected technology.


Quebec Government Postpones Wind Power RFP; No New Date Scheduled

The request for proposals (RFP) is part of an overall 800 MW wind power tranche that will serve as a bridge to the next phase in the province's energy future.


Setting The Record Straight: How Many Birds Do Wind Turbines Really Kill?

Several peer-reviewed studies are more or less in agreement with avian mortality rates caused by wind turbines. However, one study, which is wildly off from the others, is most often cited in the media. Why?

Canwea_id1984
Renewable NRG_id1934
Future Energy_id2008
UnitedEquip_id1995