World energy agency sees renewables making big gains as COVID-19 fades

Lockdown measures taken to stop the new coronavirus have caused a ‘staggering’ drop in energy demand, with renewables being the most resilient as demand for clean power increases, according to the world’s energy watchdog.

Emissions are set to fall as energy demand
slumps during the coronavirus pandemic.

Roughly one-third of the world’s population in some form of lockdown to stop the spread of COVID-19, a report from the International Energy Agency showed.

There is expected to be a 6 per cent decline in energy demand over the next year, making it the biggest drop since World War II.

The IEA said the drop would trigger multi-decade lows for the world’s consumption of traditional power, such as oil, gas and coal while renewable continued to grow.

Read the story from The New Daily by Cait Kelly - “World energy agency sees renewables making big gains as COVID-19 fades.”