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World Energy Outlook 2020 – Analysis - IEA
World Energy Outlook 2020 - Analysis and key findings. A report by the International Energy Agency.
This quote from the IEA 'The Covid-19 pandemic has caused more disruption to the energy sector than any other event in recent history, leaving impacts that will be felt for years to come.' sums up where we are. Covid-19 has had deep and lasting impacts on energy.... what remains to be seen is what they will be!
- Global energy demand this year has dropped by a staggering 5% in 2020...
- Energy investment down 18% in 2020...
However the IEA concludes that 'Renewables grow rapidly in all our scenarios, with solar at the centre of this new constellation of electricity generation technologies'
Certainly interesting times!
Thank John for the Post!
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