The Impact of the COVID-19 Crisis on Energy Pirces in Comparison to the 2008 Financial Crisis

Philipp Hauser, C.-P Anke, J. Gutiérrez López, D. Möst, H. Scharf, D. Schönheit, and S. Schreiber describe short-term price trends in energy commodities—oil, gas, coal, CO2 and electricity— following the onset of the COVID-19 crisis, compared with the 2008 financial crisis, focusing on Germa...

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Bibliographic Details
Published in:IAEE newsletter 2020-06, Vol.2020
Main Authors: Hauser, Philipp, Panke, C, J. Gutierrez Lopec, Most, D, Scharf, H, Schohneit, D, Schreiber, S
Format: Article
Language:English
Subjects:
Bankruptcy
Carbon
Coal
Commodity prices
Coronaviruses
COVID-19
Economic crisis
Energy economics
Energy industry
Gasoline prices
Natural gas
Pandemics
Price stabilization
Trends
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Summary:Philipp Hauser, C.-P Anke, J. Gutiérrez López, D. Möst, H. Scharf, D. Schönheit, and S. Schreiber describe short-term price trends in energy commodities—oil, gas, coal, CO2 and electricity— following the onset of the COVID-19 crisis, compared with the 2008 financial crisis, focusing on Germany. Price trends reveal short-run effects, which may persist longer as the COVID-19 crisis itself in case of a recession.
ISSN:1093-4243