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OPEC World Oil Outlook 2020: Global primary energy demand to grow by 25% until 2045

The outbreak of the COVID-19 pandemic resulted in the sharpest downturn in energy and oil demand in living memory, according to OPEC World Oil Outlook 2020, released in Vienna, Thursday. Despite the large drop in 2020, global primary energy demand is forecast to continue growing in the medium- and long-term, increasing by a significant 25% in the period to 2045.

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DNV Energy Transition Outlook 2020

The behavioural and economic ramifications of COVID19 will permanently reduce global energy demand, according to DNV GL's newly published Energy Transition Outlook. Among others, the report talks about clean energy technologies, the role of financial institutions in financing the green transition and the long-term impact of COVID-19. 

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