Global energy’s historic plunge equivalent to losing entire energy demand of India ...United Arab Emirates

The Covid-19 pandemic is the biggest shock to global energy in more than seven decades, according to the International Energy Agency (IEA). The fall in demand in 2020 is set to dwarf the impact of the 2008 crisis, it said. In its new report, the IEA predicts that demand will fall by six percent. “In absolute terms, the decline is unprecedented – the equivalent of losing the entire energy demand of India, the world’s third-largest energy consumer,” it said. The #Covid19 pandemic is the biggest shock to the global energy system in over 70 years.Global energy demand is set to fall 6% in 2020, seven times greater than the drop

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Last updated : 03 May 2020 clock 09:25 AM

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Global energy’s historic plunge equivalent to losing entire energy demand of India ...United Arab Emirates

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