Coronavirus and energy commentary and research

Uncategorized

Dec 18, 2022

Webster in China-Russia Report: China reportedly planning to boost economic ties with Russia

China Coronavirus

EnergySource

Mar 10, 2021

The pandemic and electricity transformation in the United States and the European Union: Developments in 2020

By Robert F. Ichord, Jr.

Electricity sector developments in 2020 demonstrated the key role of renewables and nuclear power in achieving President Biden’s goal of realizing “a carbon pollution-free electricity sector by 2035” and the EU’s target of 55 percent emissions reduction by 2030. But it also reinforced the magnitude of the challenge ahead, with fossil fuels still representing 60 percent of the power generation mix in the United States and 37 percent in the European Union, as well as the importance of pursuing an aggressive sustainable recovery plan to avoid a rebound in emissions.

Coronavirus Energy & Environment

New Atlanticist

Sep 25, 2020

The ‘big three’ now rule the global energy market, says Daniel Yergin

By Katherine Walla

Pulitzer Prize winner and energy expert Daniel Yergin’s insights into the progress of the energy transition worldwide are pivotal with the 2020 elections around the corner and the pandemic that has disrupted the energy industry.

China Coronavirus

Elections 2020

Sep 17, 2020

Five big questions as America votes: Energy

By Global Energy Center

As the US presidential election looms, the oil and gas industry has suffered from demand shocks during the COVID-19 pandemic, climate change is increasingly in the list of top concerns of US citizens, and there is little overlap between the likely policies of the two presidential candidates.

Climate Change & Climate Action Coronavirus

New Atlanticist

Sep 16, 2020

Experts react: Von der Leyen outlines vision for Europe’s post-COVID future

By Atlantic Council

Von der Leyen used her first State of the European Union Address to push European leaders to “make change happen by design—not by disaster or by diktat from others in the world.” Atlantic Council experts react to European Commission President Ursula von der Leyen’s speech and its implications for future EU policy.

Climate Change & Climate Action Coronavirus

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The Global Energy Center develops and promotes pragmatic and nonpartisan policy solutions designed to advance global energy security, enhance economic opportunity, and accelerate pathways to net-zero emissions.

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New Atlanticist

May 28, 2020

Cooperation key to transatlantic coronavirus recovery and energy transition

By David A. Wemer

Continued energy cooperation between the United States and the European Union has been key in reducing Europe’s energy dependence, but now must also help guide both countries out of the coronavirus economic crisis and cut global emissions in the face of continued climate change.

Climate Change & Climate Action Coronavirus

TURKEYSource

May 27, 2020

Turkey seems to avoid COVID-19 nightmare

By Matthew Bryza

In Turkey, the world's steepest coronavirus infection curve is now declining precipitously. The country can offer lessons to others as it may have found a way to keep the economy partially—or even largely—open while taming COVID-19, though there is still a way to go.

Coronavirus Turkey

EnergySource

May 18, 2020

Coronavirus emergency measures should persuade Ukraine, Romania, and Turkey to legitimize energy reform, not reverse it

By Dr. Aura Sabadus

For years, Eastern European governments and Turkey have bought into a global trend, arguing that long-term strategies in the energy sector should revolve around market deregulation. In light of the coronavirus outbreak and the emergency measures implemented worldwide to contain it, the energy industry may now face an increase in interventionist policies such as price controls and consolidation of state-owned enterprises as governments push to mitigate the shockwaves of expected consumer impacts. Such measures would be detrimental to economies, and there are compelling arguments that suggest governments should remain committed to their initial market goals.

Coronavirus Eastern Europe

EnergySource

May 8, 2020

The COVID-19 crisis and US and EU emissions in the new decade: Opportunities for a clean energy recovery

By Robert F. Ichord, Jr.

The COVID-19 pandemic has led to a sudden decline in global electricity demand of up to 20-25 percent in some countries, and the International Energy Agency (IEA) projects global electricity demand for 2020 will fall by 5-10 percent, contributing to an 8 percent overall drop in energy sector CO2 emissions. This piece updates evaluates the performance of the US and EU power sectors in 2019 within the context of the coronavirus pandemic.

Coronavirus Energy & Environment

EnergySource

May 6, 2020

Safeguarding the Red Sea amid the coronavirus: Preventing the spill of the FSO SAFER

By Dr. David Soud, Dr. Ian Ralby, and Rohini Ralby

The global COVID-19 pandemic has taken hundreds of thousands of lives and caused unprecedented harm to the global economy. At the same time, the pandemic has diverted global attention away from other matters of concern, notably the Floating Storage and Offloading Vessel (FSO) SAFER, a converted oil tanker moored four miles off the coast of Ras Isa, Yemen, in the Red Sea continuing to degrade after years of neglect. If no action is taken, the SAFER will spill as much as 1.14 million barrels of Marib Light crude into the water. Much of the world’s activity may be on hold, but the ongoing corrosion on the SAFER is not taking a break to wait out the pandemic.

Coronavirus Energy & Environment

In the News

May 1, 2020

Bryza quoted in TRTWorld on US versus China during the COVID-19 crisis

By Atlantic Council

China Coronavirus

EnergySource

Apr 21, 2020

In the wake of a pandemic: Coronavirus impacts on clean energy and climate action

By Zachary Strauss

Amid the haze of uncertainty wrought from coronavirus and oil market fallout, clean energy actors will not take a backseat as the world evolves. As the status quo dissolves before a global crisis, and fossil energy markets grow increasingly volatile, renewables and clean tech have an opportunity to chart a new path forward amid the recovery.

Coronavirus Energy & Environment

New Atlanticist

Apr 14, 2020

Oil price war ends, but coronavirus demand crisis remains

By Reed Blakemore

The result of the OPEC+ marathon negotiations should help restore some positive market sentiment and possibly firm up something of a price floor over the short term. However, the impact of a month-long price war, amidst deteriorating oil demand, risks eventually drawing the deal into sharp relief over the next few weeks.

Coronavirus Energy Markets & Governance

New Atlanticist

Apr 9, 2020

The compelling incentives for Saudi-Russian rapprochement

By Alan Riley

The impact of this price war combined with the demand destruction triggered by the impact of the coronavirus are likely to force both Russian and Saudi Arabia back to the negotiating table to agree a deal which will—at least in substance—restore OPEC plus, sooner rather than later.

Coronavirus Energy Markets & Governance

In the News

Apr 8, 2020

Bell quoted in International Business Times on coronavirus’s energy impact

By Atlantic Council

Coronavirus Energy & Environment