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An Empirical Analysis of the Impact of COVID-19 on the Power Sector of India

Santosh Kumar Sahu, Varghese Manaloor and Prantik Bagchi ()
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Prantik Bagchi: Department of Humanities & Social Sciences, Indian Institute of Technology Madras, India

Energy RESEARCH LETTERS, 2022, vol. 3, issue 2, 1-6

Abstract: Emerging economies such as India are highly vulnerable due to the spread of COVID-19. We document the impact of COVID-19 on the power sector in India. We estimate the average energy demand and supply for the Indian states using data from March 23 to September 24, 2020. Our results indicate that transmission and distribution losses were much lower during the initial weeks of lockdown, but increased significantly thereafter. The market-clearing prices and volumes are lower than for the H1N1 influenza pandemic period, negatively impacting investor sentiment. Therefore, energy policies must focus on demand-side measures, apart from liquidity flow.

Keywords: India; energy demand; energy supply; COVID-19 (search for similar items in EconPapers)
JEL-codes: I10 Q41 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (1)

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