Covid impact on energy industry

Energy investment during COVID crisis: World Energy Investment 2020 / IEA´s report

The energy industry that emerges from the Covid-19 crisis will be significantly different from the one that came before.

  1. Energy investment is set to fall by one-fifth in 2020 due to the Covid-19 pandemic.
  2. Investment activity has been disrupted by lockdowns but also by a sharp fall in revenues, especially for oil
  3. Covid-19 is a huge shock to the energy system, but the response also presents an opportunity to steer the energy sector onto a more resilient, secure and sustainable path

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