Responding to the COVID-19 Pandemic

The global COVID-19 pandemic is a fundamental test of leadership for the energy industry. Learn about our plausible and alternative scenarios of what might happen, and our tools that enable you to stress test exist strategies and emerge from the COVID-19 shock as a more resilient society. Together we can continue to accelerate a successful global energy transition.

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Roadmap towards a Competitive European Energy Market

With the financial crisis evolving into a severe, global economic recession, there have been growing doubts over whether energy markets can continue to operate efficiently under present conditions or whether the shift to non-market mechanisms would be a better choice. This question remains an ongoing source of debate in the recently liberalised electricity sector.

Textbook wisdom says that the market is the most efficient place to allocate financial means for investments. Therefore, during a period of a crisis, it should follow that we actually need more market mechanisms, not fewer, if we want to stimulate investments in an economically efficient way. Regulated electricity prices and nationalistic thinking will not help to solve Europe’s electricity challenges with regards to either the generation or the transportation of electricity.

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