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Impacts of COVID-19 pandemic on the global energy system and the shift progress to renewable energy: Opportunities, challenges, and policy implications.

Authors :
Hoang AT
Sandro Nižetić
Olcer AI
Ong HC
Chen WH
Chong CT
Thomas S
Bandh SA
Nguyen XP
Source :
Energy policy [Energy Policy] 2021 Jul; Vol. 154, pp. 112322. Date of Electronic Publication: 2021 Apr 28.
Publication Year :
2021

Abstract

Being declared a global emergency, the COVID-19 pandemic has taken many lives, threatened livelihoods and businesses around the world. The energy industry, in particular, has experienced tremendous pressure resulting from the pandemic. In response to such a challenge, the development of sustainable resources and renewable energy infrastructure has demonstrated its potential as a promising and effective strategy. To sufficiently address the effect of COVID-19 on renewable energy development strategies, short-term policy priorities should be identified, while mid-term and long-term action plans should be formulated in achieving the well-defined renewable energy targets and progress towards a more sustainable energy future. In this review, opportunities, challenges, and significant impacts of the COVID-19 pandemic on current and future sustainable energy strategies were analyzed in detail; while drawing from experiences in identifying reasonable behaviors, orientating appropriate actions, and policy implications on the sustainable energy trajectory were also mentioned. Indeed, the question is that whether the COVID-19 pandemic will kill us or provide us with a precious lesson on future sustainable energy development.<br />Competing Interests: The authors declare that they have no known competing financial interests or personal relationships that could have appeared to influence the work reported in this paper.<br /> (© 2021 Elsevier Ltd. All rights reserved.)

Details

Language :
English
ISSN :
0301-4215
Volume :
154
Database :
MEDLINE
Journal :
Energy policy
Publication Type :
Academic Journal
Accession number :
34566236
Full Text :
https://doi.org/10.1016/j.enpol.2021.112322