COVID-19 Accelerates the Energy Transition: Adapt or Perish

The past year has been an unprecedented time, with COVID-19 having an immediate and significant impact on all aspects of the energy sector. Despite the dramatic consequences COVID-19 is having on the global economy, Lux Research predicts the energy transition will be accelerated by several years. Trillions of dollars are expected to flow through economic relief packages into the deployment of low- and zero-carbon infrastructure as well as research and development into technologies that enable it. In their new report "Owning The Energy Transition: 2020 COVID-19 Update," Lux analysts outline these changes and predict the impact of the disruptive changes to the global energy transition going forward.