Featured in Solar leads the European recovery – 06-2020

Covid-19 bolsters an EU Green Deal

The health and economic crisis caused by Covid-19 has had significant short-term impacts on European electricity demand. But the policy response to the crisis will shape the energy transition in Europe over the long term. With the €1.85 trillion recovery plan proposed by the European Commission, European leaders are aiming to jump-start the economy while maintaining focus on the energy transition.

By

pv magazine

15 Jun 2020

Source: IEA

For the European electricity system, the biggest immediate effect of the Covid-19 crisis has been the demand shock, according to Florian Ziel, assistant professor of environmental economics and renewable energy at the University of Duisburg-Essen. Ziel explained that countries with strict lockdowns like Italy and Spain have seen a 20-25% reduction in demand; whereas, in …

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