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The pandemic and electricity transformation in the United States and the European Union: Developments in 2020


The pandemic and electricity transformation in the United States and the European Union: Developments in 2020
Representation of coronavirus pandemic impact on the energy industry (Maha Heang 245789/Shutterstock)
As the United States under the new Biden-Harris administration and the European Union (EU), now minus the United Kingdom, pursue pandemic economic recovery packages that involve major investments in clean energy and energy efficiency, it is useful to examine what happened in 2020 and evaluate what these developments portend. Both the US and EU governments are embracing a strategy of increasing green electricity to lower emissions and achieve carbon neutrality by 2050. This endeavor is critical to global climate efforts given that the United States and the EU countries account for over 20 percent of world energy CO ....

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