Global Energy Review 2020
The impact of the COVID 19 crisis on global energy demand and CO2 emissions
The Covid 19 pandemic represents the biggest shock to the global energy system in more than seven decades. This year's drop in demand will dwarf the effects of the 2008 financial crisis and lead to a record annual drop in carbon emissions of nearly 8%.
The impact of the crisis on energy demand depends very much on the duration and severity of the measures taken to contain the spread of the virus. Demand for coal, oil and gas will fall sharply in 2020.
A new report published today by the International Energy Agency provides a timely overview of the extraordinary impact of the Covid 19 pandemic on all major fuels. Based on an analysis of more than 100 days of real data available so far this year, the IEA's Global Energy Review provides estimates of how energy consumption and carbon dioxide (CO2) emission trends are expected to develop over the remainder of 2020.