In April 2020, the U.S. Energy Information Association (EIA) released its April Short-Term Energy Outlook (STEO) which documents the broad impacts of the coronavirus pandemic on the energy sector, including annual plunges in energy-related carbon emissions, electricity demand, and production of U.S. crude oil and natural gas.[1] According to the report, total U.S. power-sector generation will drop 3% in 2020 compared to an increase of 6% in 2019, leading “to an expected decline in fossil-fuel generation, especially at coal-fired power plants;”. U.S. coal production in 2020 will decrease 22% from 2019. The economic slowdown and restrictions on business and travel activity from COVID-19 will also cut energy-related carbon emissions by 7.5% in 2020. However, the agency expects emissions will increase by 3.6% in 2021.
Renewable energy is still expected to be the fastest-growing source of electricity generation and is projected to grow by 11% in 2020, but COVID-19 is "likely to have an impact" on new generating capacity buildouts. The April STEO projects that the energy sector will add more than 19 GW of wind capacity and more than 12 GW of utility-scale solar capacity in 2020. These additions are 5% and 10% lower, respectively, than in previous STEOs from the EIA.
[1] https://www.eia.gov/outlooks/steo/pdf/steo_full.pdf