The UK now ranks 13th out of 40 countries in terms its ability to lure backers, which is an all-time low, according to the renewable-energy country attractiveness index from professional services firm EY. Britain is now ranked 13 out of 40 in EY 's “ renewable - energy country attractiveness index . ” The UK Government ’s policy of replacing coal power with oil and gas is said to be going “ against the grain ” of other nations seeking renewable options , and the country ’s lack of investment makes is less attractive than Europe , America , India and Japan to those looking to invest in renewable energy . EY ’s UK corporate finance leader , Ben Warren , said the lack of change in British policy meant “ the only way for the UK in our index seems to be down . ”
Britain is now ranked 13 out of 40 in EY 's “ renewable - energy country attractiveness index . ” The UK Government ’s policy of replacing coal power with oil and gas is said to be going “ against the grain ” of other nations seeking renewable options , and the country ’s lack of investment makes is less attractive than Europe , America , India and Japan to those looking to invest in renewable energy . EY ’s UK corporate finance leader , Ben Warren , said the lack of change in British policy meant “ the only way for the UK in our index seems to be down . ”