Renewable Technology Will Take Starring Role As Energy Recovers From Covid-19

The global energy system is in a state of upheaval, thanks to the Covid-19 pandemic, which has “caused more disruption than any other event in recent history, leaving scars that will last for years to come,” says the International Energy Agency (IEA) in its latest World Energy Outlook (WEO).

“But whether this upheaval ultimately helps or hinders efforts to accelerate clean energy transitions and reach international energy and climate goals will depend on how governments respond to today’s challenges,” the report adds, suggesting that the next decade will be pivotal to both recovering from the current crisis and to tackling climate change.

Global energy demand is set to drop by 5% in 2020, with energy-related CO2 emissions down by 7% and investment in the sector 18% lower than the previous year as the pandemic-induced lockdowns around the world depress economic activity. Global energy

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