Energy Institute LIVE Webinar
Is COVID-19 a threat or an opportunity for the global climate agenda?
Tuesday 5th May 2020
3.00pm (UAE time)
The Energy Institute Young Professionals Networks in the United Kingdom, Nigeria and Middle East Branches would like to invite you to our first ever joint event.
The COVID-19 pandemic and the collapse in demand for oil coupled with an oil price war that led to excess supply saw oil prices fall to all-time lows with U.S. prices falling below zero at one point for the first time ever. Natural gas prices have also weakened, falling to record lows and putting pressure on coal, which is no longer the cheapest source of energy. Electricity prices have also been impacted by the fall in demand as half of the world’s population went into lockdown and businesses and industries shut down.
What does this mean for the global climate agenda? How should governments around the world respond? How will the energy sector emerge from the crisis and what will the future energy mix look like? Our panel of experts will provide young professionals with a specialist view of how the crisis might shape the energy future and the various scenarios that may emerge as a result of this unprecedented health crisis.
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