Global management consulting firm PricewaterhouseCoopers has issued a general economic prediction for 2021. Aside from some general notes on GDP recovery post-Covid, the analysts’ notes were heavily focussed on climate and energy finance and policy.
A newly published overview of the European electricity sector suggests that renewables development remains stalled on the continent. Despite some regional differences, EU policy generally favors gas over renewable resources to replace coal. And recent comments by Kadri Simson, the newly sworn-in EU energy commissioner, offer little hope for change.
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