Europe's Covid-19 impact to stretch into 2021
Forecaster predicts that countries will take a managed approach, spreading the outbreak over many months
Consultancy Rystad Energy expects the impact of the coronavirus pandemic on European countries, and thus their energy demand, to last “the entirety of 2020 and, in some cases, into 2021”, as nations opt for a more gradualist quarantine method of tackling the outbreak rather than the East Asian lockdown approach. CEO Jarand Rystad concludes that the lockdowns rolled out by countries such as China to slow the rapid spread of the virus are not sustainable in the long term in Europe as injection rates will simply spike again once the measures are withdrawn. Instead, Rystad expects countries to have to manage widespread exposure with measures tailored to limit infections to a manageable burden
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