Abstract
A global consumption of energy is primarily met by the renewable and non-renewable energy production resources. It is necessary to understand the pattern of global energy consumption in past to refine the overall energy policy for an upcoming demand of the energy market. The consumption of energy and its insights are helpful for grid management and forecasting. This paper presents the consumption of renewable and non-renewable energy resources by different nations and presents the analysis of the impact of COVID19 pandemic over the consumption of Energy. From the detailed analysis in this study, it is evident that all countries are shifting their interest to use renewable sources of energy generation. The global consumption of energy was constantly increasing up to 4% each year for three decades (1990 to 2020). However, during COVID-19 outbreak, energy consumption shows a downward trend in 2020 to-4%, which is twice lower than the decrement of energy consumption observed 2008-2009 economic crisis. The COVID-19 pandemic has seriously affected energy consumption of all countries in the world. *Highlights-The main aim of this research was to highlight the impact COVID-19 had on the consumption of energy across the world. Through an extensive analysis on this topic, this research provided the argument that countries should shift the dependency of energy consumption from non-renewable sources to renewable sources so that the negative impact that countries faced during COVID-19 lockdown would not be faced again in any sort of such pandemic again. *Discussion-COVID-19 pandemic is one of those historical events that has most affected energy consumption of several countries than that of the Economic crisis 2008-2009. In general, the pandemic has featured the significance of an enhanced energy blend and the need to put resources into environmentally friendly power sources that are less powerless against market changes and supply disturbances. It has additionally highlighted the requirement for stronger and adaptable energy frameworks that can adjust to changing conditions and backing monetary recuperation endeavors.
| Original language | English |
|---|---|
| Pages (from-to) | 1-17 |
| Number of pages | 17 |
| Journal | International Journal of Information Engineering and Electronic Business |
| Volume | 15 |
| Issue number | 6 |
| DOIs | |
| Publication status | Published - 8 Dec 2023 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
Keywords
- COVID-19
- energy generation
- renewable
- statistical methods
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