Global energy demand to fall 6pc in 2020, says IEA report

Global energy demand to fall 6pc in 2020, says IEA report

Overall global energy demand will fall 6 per cent in 2020 - seven times the decline after the 2008 global financial crisis, according to the International Energy Agency (IEA).. The demand for electricity is set to decline by 5 per cent, according to a new report 'the IEA's Global Energy Review' that assesses the impact of the Covid-19 pandemic on the global energy system.. Changes to electricity use during lockdowns have resulted in significant declines in overall electricity demand, the report revealed..