Luxembourg

Details

  • Industry: Industrial and consumer markets, Energy and Natural Resources
  • Type: Regulatory update
  • Date: 10/24/2013

Contact

Philippe Neefs

Partner

Tel. +352 22 51 51 5531

philippe.neefs@kpmg.lu

 

Julien Bieber

Director

Tel. +352 22 51 51 5599

julien.bieber@kpmg.lu

 

Taxes and Incentives for renewable energy 2013 

KPMG's Taxes and Incentives for Renewable Energy-2013 is designed to help energy companies, investors and other entities stay current with local country policies and programs supporting renewable energy around the world.
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This edition of Taxes and Incentives for Renewable Energy, compiled by KPMG's Global Energy & Natural Resources tax practice, describes current incentives provided by 28 countries around the world to promote renewable energy from wind, solar, biomass, geothermal and hydropower. These incentives also support related areas such as increased energy efficiency, smart-grid management, biofuels, carbon capture systems and storage technologies.

 

In addition to overviews of specific investment and operating support schemes available in each of these leading 28 countries, the report also includes an in-depth look at the top five renewable energy producing countries – China, the US, Germany, Japan and Italy. One of the key trends in renewable investment for 2012 was the continued north to south shift toward emerging markets, which are on track to surpass the north in the next few years. This rapid increase in renewables is driven by a number of factors, including falling technology costs, rising fossil-fuel prices and carbon pricing. However, the main support for growth is through government incentives.

 

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