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The pandemic has caused the biggest shock in the energy sector in the last 70 years. The impact on the future of the industry

The pandemic has caused the biggest shock in the energy sector in the last 70 years. The impact on the future of the industry

David Trow, Partner, PwC Romania and Monica Biota, Partner PwC Romania

In the recent months, the energy sector has suffered a double shock: due to the COVID-19 pandemic and the disruption of the oil market amid falling demand and surplus supply. According to PwC estimates from the PwC Power Utilities Future of Industries report, which is based on data from the International Energy Agency for 2020 (IEA), the 2020 energy demand shock is the largest in the last 70 years. At the same time, it is anticipated........................................................

For more information, please see the Romanian version of the article, here.

 

 

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PRICEWATERHOUSECOOPERS SERVICII SRL