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Ross Jackson, Associate Partner at EY, says the answer is yes and told ELN all about a new tool able to measure it
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The region also contributed the most to global power and utilities deals last year
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EY predicts it is unlikely overall activity in the sector will return to 2014 levels in the near future
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A new report published by EY suggests this will need to be enabled by substantial investment, innovation in smart grids and flexible business models
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That’s according to EY’s latest Renewable Energy Country Attractiveness Index
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Clean energy accounted for around 46% of the agreements made in the most recent quarter
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The move from the accountancy and consultancy firm aims to slash pollution and environmental damage
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EY says 15 multi-billion-dollar deals accounted for 90% of this figure
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EY says this is largely due to embracing subsidy-free solar, building new onshore wind projects and repowering old wind farms
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Simon Cox, Director at EY Advisory, said energy suppliers, brokers and TPIs need to work out their role in the changing marketplace as data becomes an increasingly valuable commodity
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