Global energy report 2020 From IEA
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The following is the Global energy report 2020 From IEA recommended by recordtrend.com. And this article belongs to the classification: new energy, research report.
IEA released the global energy report 2020. The current covid-19 pandemic is, first and foremost, a global health crisis. The share of energy use from containment measures jumped from 5% in mid March to 50% in mid April.
In addition to the direct impact on health, an analysis of daily data up to mid April showed that energy demand per week fell by an average of 25 per cent in countries under complete blockade and 18 per cent in countries under partial blockade.
Global energy demand fell by 3.8% in the first quarter of 2020.
Global coal demand has been the hardest hit, down nearly 8% from the first quarter of 2019.
Oil demand has also been hit hard, falling by nearly 5% in the first quarter, mainly due to declines in mobility and aviation, which account for nearly 60% of global oil demand.
The impact of the pandemic on natural gas demand is relatively mild, about 2%.
Electricity demand fell by 20% or more during the total blockade in several countries, as the decline in commercial and industrial operations far outpaced the rise in residential demand.
Energy demand has shrunk by 6%, the largest in 70 years in percentage terms and the largest ever in absolute terms, as a result of the global recession caused by liquidity and social and economic activity constraints for several months.
All fuels will be affected:
Oil demand is likely to fall by 9%, or an average of 9 million barrels a day for the whole year, bringing oil consumption back to 2012 levels.
Coal demand is likely to fall by 8%, largely because electricity demand will fall by nearly 5% this year.
IEA estimates for 2020 show that global electricity demand is down by 5% and in some regions by 10%.
Global carbon dioxide emissions are expected to fall by 8%, or nearly 2.6 billion tons (GT), to the level of 10 years ago.
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