Government subsidies to energy are widespread and represent a heavy burden on public budgets in many countries. Both producers and consumers may be subsidized; the most common subsidies are for motor fuel consumption and electricity production and consumption. The subsidies to consumers often...

COVID-19 has placed a focus on the global energy industry. The global energy system in 2020 and beyond was covered in this article. The epidemic had immediate implications on energy demand, particularly for oil, and on energy bills. According to the IEA, understanding the development of the...