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

Coronavirus and energy events

Public Event Wed, June 24, 2020 • 11:00 am ET

Beyond lithium-ion: Charging into the future
Climate Change & Climate Action Coronavirus Energy & Environment Geopolitics & Energy Security
Public Event Mon, June 15, 2020 • 11:00 am ET

Virtual fireside chat with H.E. Suhail Al Mazrouei, Minister of Energy of the United Arab Emirates
Coronavirus Energy Markets & Governance Geopolitics & Energy Security Middle East
Fri, June 12, 2020 • 11:00 am ET

Virtual fireside chat with Mele Kyari, group managing director of the Nigerian National Petroleum Corporation: The Nigerian view on the global oil market
Coronavirus Energy Markets & Governance Geopolitics & Energy Security Nigeria
Atlantic Council’s Coronavirus coverage

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Content

In the News

Apr 8, 2020

Bell and Goldwyn quoted in Gestión (Spanish) on falling oil prices in Latin America amidst coronavirus

By Atlantic Council

Coronavirus Latin America

In the News

Apr 7, 2020

Amin quoted in the Washington Examiner on boosting low-carbon energy

By Atlantic Council

Coronavirus Energy & Environment

In the News

Apr 6, 2020

Bryza joins Azerbaijan’s CBC TV to discuss coronavirus in the Caspian region

By Atlantic Council

Coronavirus Europe & Eurasia

In the News

Apr 6, 2020

Shaffer joins Bloomberg to discuss international oil markets

By Atlantic Council

Coronavirus Energy & Environment

EnergySource

Mar 26, 2020

Stimulus bill’s lack of funding for the SPR and clean energy is a lose-lose for the country

By Randolph Bell

Not including $3 billion for purchase of crude for the Strategic Petroleum Reserve (SPR) or support for clean energy initiatives in the soon-to-be passed $2 trillion stimulus package is a missed opportunity and a lose-lose for US energy security and leadership on climate action.

Coronavirus Energy Markets & Governance

New Atlanticist

Mar 24, 2020

The implications of the coronavirus crisis on the global energy sector and the environment

By Jennifer T. Gordon

The current drop in oil demand—caused, in large part, by severe reductions in travel due to the coronavirus—combined with the Saudi-Russia oil price war has simultaneously, if temporarily, lowered greenhouse gas emissions (GHG). However, the drop in GHG emissions is likely to be unsustainable in the long term, and the currently low cost of oil has raised questions about the future of clean energy deployment and climate action.

Coronavirus Energy & Environment

EnergySource

Mar 12, 2020

Oil market meltdown?

By John Soughan

Over the weekend of March 7–8, the breakdown of the previous oil production agreement between Russia and Saudi Arabia led to the broader collapse of the arrangement between OPEC and OPEC+. What will the rift will mean for the global oil market?

Coronavirus Energy Markets & Governance

Event Recap

Mar 11, 2020

Atlantic Council press call: Oil market meltdown: Price wars, coronavirus, and energy geopolitics

Last week’s breakdown of OPEC+ meetings in Vienna has turned a demand side driven decline in oil prices caused by the impacts of Coronavirus into an oil price war between two oil producing giants, with US shale production the ostensible target. If the standoff continues, however, the price war might ultimately do more harm to the Saudi and Russian economies. With increasing uncertainty about the depth of Coronavirus’ impact on global growth, the price war might also contribute to a sharp decline in the global economy. Helima Croft, David L. Goldwyn, Jean-Francois Seznec, Anders Aslund, and Randolph Bell discuss ongoing market volatility, the origins of the crisis, what’s next for US shale, and the implications of it all for energy and geopolitics

Coronavirus Energy & Environment

New Atlanticist

Mar 9, 2020

Saudi Arabia and Russia feud over coronavirus oil response: Will everyone lose?

By David A. Wemer

"While Russia’s decision last week not to support OPEC’s proposal for a production cut and the subsequent oil price war—which as of publishing has pushed Brent crude down more than 9 percent—is surely part of the larger story of the economic impacts of the coronavirus outbreak, it is actually better understood as a geopolitical story about how US energy production growth has strengthened the United States’ international posture, which in turn has reshaped a number of global relationships," Randolph Bell says.

Coronavirus Energy Markets & Governance

New Atlanticist

Mar 3, 2020

Coronavirus and the oil market: The effects thus far and what to expect next

By Reed Blakemore

The week of February 21 will be one the oil market won’t soon forget—one which exposed exactly how sensitive the prices are to the demand side of the market. Yet, while the possibility of a major supply correction remains in the cards, a longer-term correction to the oil price collapse of the past week will require a restoration of market confidence in economic growth and the future oil demand picture.

Coronavirus Energy Markets & Governance