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The economic consequences of the pandemic are far-reaching, with an adverse impact on many sectors, including renewable energies. However, the impact may be different from other economic sectors. Governments can look to an energy shift to renewables to provide a range of solutions at this difficult time. Many renewable technologies can be deployed relatively quickly, helping to meet international climate targets while fostering economic growth, supporting the revival of industries and the creation of new jobs.
According to the new report Global Energy Review 2020The International Energy Agency, based on an analysis of more than 100 days of actual data so far this year, renewable energies emissions will become the only energy source to grow in 2020, although this increase will be smaller than in previous years. In this way, their share of global electricity generation is expected to increase due to their priority access to grids and low operating costs.
