2020 has been an unprecedented time, with COVID-19 having an immediate and significant impact on all aspects of the energy sector – oil and gas, electricity, emissions, and mobility. While the sudden effects may be a flash in the pan as the world returns to normalcy, COVID-19 will undoubtedly catalyze the energy transition, as it provided stakeholders a snapshot into the future of demand. In this report, the Lux Energy Team highlights the near-term impacts of COVID-19, evaluates the ramifications it has on our 2020 predictions, and anticipates disruptive changes to the global energy transition going forward.
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