It’s been 100 days since we’ve seen the most extreme effects of the pandemic’s disruption of energy markets. Balint Balazs and Robbie Fraser —Schneider Electric’s commodity analyst experts - will take a look back at why oil markets rebounded, what that recovery means for other key economic indicators, who benefits and how the net zero trend starts to create impact. Then, they’ll look ahead to where markets go from here and how to prepare your organisation for the potential risks – and rewards – ahead.
In preparation, Balint and Robbie agreed to revisit some of the findings from earlier in the crisis: Compared to markets like crude oil, COVID’s impact on power markets has been much more regional. Power demand has generally been more resilient compared to the record drops for commodities like gasoline and diesel. Still, power demand, particularly from the industrial sector, is much lower than normal for this time of year.
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