• Gustavo Bernal Torres

Covid-19 Disruption to the Energy Sector

The Covid-19 pandemic has caused more disruption to the energy sector than any other event in recent history-

  • The International Energy Agency in its annual energy outlook estimates that global energy demand will drop by 5% this year, CO2 emissions by 7% and energy investment by 18%.

  • Oil investments have fallen by a third and producers have written down $50 billion worth of assets.

Source: https://www.iea.org/reports/world-energy-outlook-2020


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