With more than half of humanity on lockdown during this pandemic, a decline in energy demand was inevitable.
The International Energy Agency stressed that the outbreak of Covid-19 would wipe out demand for fossil fuels by prompting a collapse in energy demand seven times greater than the slump caused by the global financial crisis in 2009
Energy is just one part of the recovery puzzle, but it is a vital one. The choices countries make right now will determine the next generation of energy infrastructure and jobs. They will open or close the space to diversify towards more resilient economies, strongly influenced by Green Deal and the Climate Neutrality targets by 2050.