Subsequently, this study analyzes the steep drop in the demand for public transport, based on confinement measures and those that restricted the use of transport.
The third part of this publication is intended to analyze the effects on the demand and supply of energy in the Olade countries, grouped by subregions, of a sudden drop in GDP during 2020, and an eventual recovery process starting 2021. This, based on the estimates made by the IMF, on the GDP decline percentage rates for the year 2020 and a recovery for the year 2021; and logarithmic correlation functions between nominal GDP at constant 2010 prices and final energy consumption.
Taking advantage of the latest prospective study carried out by Olade for the period 2017-2040, published in the Energy Panorama of LAC 2019, where a scenario of high penetration of natural gas in the region (HGS) was analyzed, this scenario was taken as the baseline to visualize the effects of the pandemic both on energy demand and supply, and on CO2 emissions.
Through this document Olade intends to make available a knowledge product that can be useful to everyone and contributes to facilitating solutions to the emergency that we are experiencing today.
Department of Communication
and Institutional Relations