Global demand for energy resources against the background of the pandemic in 2020 will be reduced by 6% and it would be a major decline in consumption over the past 70 years, from a new forecast by the International energy Agency (IEA). The demand for oil could fall by 9%, coal 8%, gas — 5%. At the same time, to the delight of green in the world this year significantly reduced carbon dioxide emissions.Pandemic COVID-19 was the biggest shock for energy markets since the Second world war, a research of the International energy Agency. According to his calculations, the energy demand in 2020 in the world will decrease by 6%. This reduction is seven times more than it was during the 2008 crisis. In the first quarter of 2020 energy demand has decreased by 3.8%, including for coal, 8% oil — 5% (this has resulted in restrictions on transport, which provides 60% of the demand: by the end of March, the intensity of traffic on the roads has decreased by 50%, aircraft movements by 60%), gas — 2%. At the end of the year the demand for oil, according to IEA, will fall by 9% (or 9.3 million barrels per day — the main decline will be in April, may and June, the positive dynamics will not be in any month), coal 8%, gas — 5%.The greatest reduction in demand will be in developed countries: it is expected that in the US it will fall by 9% in the European Union — 11%. The IEA has estimated that every month quarantine—the isolation of the population reduces global energy demand by 1.5%. Due to quarantine measures decreased dramatically the demand for electricity (in the first quarter to minus 2.6% in the whole year — minus 5%).At the same time, in a world of reduced carbon dioxide emissions (minus 8% in the first quarter, the decline was 5%). Will increase demand in the segment of renewable energy (though less than 1%). All changes will affect the structure of our electricity production, the share of low-carbon energy (wind, solar, hydro and nuclear energy) in 2020 will increase to 40% decline in the consumption of coal and gas. In the first quarter by renewable sources (excluding nuclear energy) had 28% of generation (26 percent in the first quarter of 2019).Tatiana Edovina
The third energy Energy demand fell to a 70-year low
452
Weekly Top
Latest News & Headlines
Round Rock ISD Student Wins Prestigious National STEM Award
Samvith Mahadevan, a student at Canyon Vista Middle School in Central Texas, recently won a prestigious national STEM award for his innovative project aimed...