Creative Destruction During Crises

Author : Davide Furceri,Nour Tawk

Paperback

Published : Thursday 30 December 2021

ISBN : 9781616357115

Price : €5.79

Description

Lockdowns resulting from the COVID-19 pandemic reduced overall energy demand but electricity generation from renewable sources has been resilient. The empirical analysis presented in this paper highlights that recessions result in a permanent, albeit small, increase in energy efficiency and in the share of renewables in total electricity.

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