Impacts of the Health Emergency on Utilities: first reflections

Impacts of the Health Emergency on Utilities: first reflections

by Andrea Gilardoni and Giacomo Salvatori

The coronavirus health emergency radically changed business as usual in many sectors, including utilities and energy companies. At the end of March 2020 we gathered early findings on market trends for the sector, and we administered a survey among our partners to learn how the market is reacting and will react to the emergency, and to draw early orientations on future developments. Overall, actors expect the sector’s performance to hold, with limited losses and a return to pre-crisis levels within 24 months. Notable findings include: a widespread implementation of operational and technological innovations to face distancing needs; a slowdown of investments by 33% on average; an overall trust in the progress of the energy transition and renewable energy development; lastly, interviewees stress the importance of public sector support, wishing for an acceleration on the green deal and on administrative simplification to unlock investment.

The Paper: "Impacts of the health emergency on utilities. First reflections" by Giacomo Salvatori and Andrea Gilardoni