The UK ranks among the top countries in the world when it comes to wind energy, it has been revealed.
Of the 30 different countries ranked in the renewable and conventional energy sectors, the UK has ranked in sixth place.
The Energy Investment Map research, which was conducted by PA Consulting Group, revealed the UK’s ranking was boosted due to investment in onshore and offshore wind.
These two technologies received the highest mark possible (150+ points) when it came to investment potential.
In terms of conventional energy, however, the UK’s ranking was lower, with the nation coming 12th.
Mark Livingstone, energy expert at the organisation, commented: “Global investors and international funds are showing significant interest in the UK’s energy infrastructure assets, largely due to the planned closure of existing thermal and nuclear generation and the policy support for new low-carbon options offered by the energy bill, which has now completed its passage through the House of Commons.”
UK has wind resource in abundance
He added that while wind is certainly not the only low-carbon option, the UK clearly has this resource in abundance.
It was noted that among the things that helped the UK to attract investment was the 630 megawatt London Array offshore wind farm, as well as Scotland’s aim of becoming 100% renewable by the year 2020.
China, Sweden and Denmark were the top three of the renewable energy index, and with Austria and the Philippines rounding out the top five. Meanwhile, the Arabian Peninsula is also thought to be improving significantly.
Singapore is at the other end of the spectrum due to its reliance on gas and little interest in renewables.
This comes after trade body RenewableUK and energy minister Michael Fallon urged the UK to seize its “once in a generation” opportunity to attract investment and create jobs by embracing the wind energy sector.