COVID Energy Impact = Renewables

Who is saying that renewables are benefiting in the COVID new economy? The International Energy Agency

How are spending changes impacting energy? Less oil & gas spending + more renewable spending

What other benefits are renewables seeing for capital investments?

• falling costs in solar and wind
• widespread government support
• COVID monetary policies that support low interest rates
• stable returns to investors
• BP’s announcement to move away from fossil fuels and toward renewables
• French energy firm Total SA is increasing spending up to $3 Billion by 2030
• By 2040, coal will be 1/5 of the global energy mix 

Wall Street Journal | Coronavirus Pandemic Speeds Shift to Cleaner Energy