Articles

Energy Prices Plummet Due to Coronavirus

With steep decreases in economic activity in China, along with dramatic contractions in travel markets, energy prices have plummeted for oil and gas. Price reductions from OPEC countries have also contributed to the fall. Impacts on the wind and solar energy industries have also been apparent, as turbine components, photovoltaics and energy storage are supplied through international markets. More information about the impact of decreased energy prices can be found here, here and here