EEG Energy Insight: The Impacts of COVID-19 on the Power Sector in Low and Middle Income Countries
The COVID-19 pandemic has fundamentally impacted on the economic, political and social make-up of the global economy. In May 2020, our EEG Energy Insight provided a snapshot of the support being provided to the energy sector by international organisations amidst the COVID-19 pandemic.This Energy Insight provides an update just over one year on, focusing on three keys areas:
1) the emerging picture of the impact of the pandemic on the sector
2) the short term emergency responses by governments and international organisations
3) whether any evidence exists to support the hypothesis developed in our previous Energy Insight, that the pandemic may stimulate new investment to improve sector resilience and to speed up the energy transition.
We separate our analysis, where appropriate, between impacts on the on-grid and off-grid power sectors.