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The outbreak of COVID-19 and the wide-ranging measures needed to slow its advance triggered an unprecedented collapse in oil demand, a surge in oil inventories, and a record one-month decline in oil prices in March 2020. This paper examines the likely implications of the 2020 oil price plunge for emerging market and developing economies.

COVID-19 and the oil prices crash induced by it have imposed a double whammy on fuel-exporting countries in Asia and the Pacific.

According to the latest cost data from the International Renewable Energy Agency (IRENA), the global weighted-average levelised cost of electricity (LCOE) of utility-scale solar photovoltaics (PV) fell 82% between 2010 and 2019, while that of concentrating solar power (CSP) fell 47%, onshore wind by 39% and offshore wind at 29%, the IRENA Renewa

A fuel price cut by India’s central government from October 2018 to June 2019 resulted in subsidies of INR 26,957 crore (USD 3.9 billion) for gasoline and diesel. This far overshadowed funding for the government’s flagship electric vehicles (EV) subsidy program of INR 10,000 crore (USD 1.4 billion) over three years.

This overview presents a selection of data from the second release of the World Energy Prices database of the International Energy Agency (May 2019). This database includes annual energy prices data for more than 120 countries, for gasoline, automotive diesel, electricity and other products.

The GIZ Fuel Price Report 2018/19 presents fuel prices for 179 countries. This biennial study is conducted by GIZ on behalf of the Federal Minstry for Economic Cooperation and Development (BMZ) and represents the most comprehensive dataset on fuel prices worldwide. This year's report marks the 20th year jubilee of the study.

The economic situation in Zimbabwe is getting worse, as trade unions and protesters call for a three-day strike. It came after the cost of petrol and diesel more than doubled on Sunday.

In exercise of power conferred under Section 178 of the Electricity Act, 2003 (the Act), the Commission has prepared the draft notification of Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2019 for the tariff period commencing from 1.4.2019.

Draft tariff regulations (2019-24) are positive for regulated utilities as base RoE remains unchanged at 15.5% (our expectation: cut to 14%). Key overhang of cut in RoE is behind company – a major positive.

Major oil and gas exporters have weathered many upheavals in recent decades but a renewed commitment to reform and economic diversification will be vital to cope with the changing dynamics of global energy.

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