COVID-19 Pandemic To Impact World’s Energy Transition

  • COVID-19 will have a dramatic impact on short-term energy supply and demand.
  • World GDP will shrink 6% in 2020 with lingering effects of the pandemic.
  • The pandemic will reduce energy demand through to 2050 by 8%.
  • This will result in energy demand in 2050 at almost exactly the level it was in 2018.
  • Demand for manufactured goods globally will need almost four years to recover to 2019 levels.

The coronavirus pandemic will have a dramatic impact on energy supply and demand in the short term and...

https://mfame.guru/covid-19-pandemic-to-impact-worlds-energy-transition/

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