An impact study of COVID-19 on the electricity sector: A comprehensive literature review and Ibero-American survey
Joaquín Lazo,
Gerson Aguirre and
David Watts
Renewable and Sustainable Energy Reviews, 2022, vol. 158, issue C
Abstract:
To stop the spread of COVID-19, governments have implemented confinement measures unprecedented in modern society. One of the main consequences has been the paralysis of commercial and industrial sectors worldwide, primary electricity consumers. This paper examines the impact of these measures on the electricity sector through a literature review accompanied by fieldwork on the impact of COVID-19 in Ibero-America and its energy regulatory response. First, we will review the causes of the reduction in electricity demand due to the confinement measures and their technical and financial consequences in the electricity sector. Second, we will examine the impact of COVID-19 on the wind and solar PV energy sectors, mainly affected by the paralysis of production and export of materials and components. Third, we will revise the regulatory measures implemented by the countries to avoid the interruption of electricity supply to households. This paper will end by reviewing economic recovery plans and their relationship to the energy transition.
Keywords: COVID-19; Electricity market; Energy sector; Energy policy; Pandemic; Renewable energy (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eee:rensus:v:158:y:2022:i:c:s1364032122000636
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DOI: 10.1016/j.rser.2022.112135
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