Impact of Covid-19 on the global energy sector

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License

Creative Commons Licence

Creator(s)

Contributors

Contributed date

June 8, 2020 - 8:06pm

Critical Commentary

The energy sector is experiencing a huge blow due to the COVID-19 impacts in terms of delaying energy transition projects due to reduced supply chain regarding imports from foreign countries. Many countries have also initiated the delay for paying the utility bills and this has severely impacted the entire energy sector. This outbreak has also contributed to a decreased demand for oil, resulting in plummeting oil prices. All these factors has put the energy sector industries at potential bankruptcy situations.

Source

Mylenka, T. (2020, April). Impact of Covid-19 on the global energy sector. PV Magazine.

https://www.pv-magazine.com/2020/04/24/impact-of-covid-19-on-the-global-energy-sector/

Language

English

Group Audience

Cite as

Tetiana Mylenka, "Impact of Covid-19 on the global energy sector", contributed by Namitha Sunny, The Energy Rights Project, Platform for Experimental Collaborative Ethnography, last modified 8 June 2020, accessed 26 November 2022. https://energyrights.info/content/impact-covid-19-global-energy-sector