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Impact of the COVID-19 Pandemic on the Romanian Electricity Consumption

Diana-Mihaela Jula ()
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Diana-Mihaela Jula: School of Advanced Studies of the Romanian Academy (SCOSAAR), Department of Economic, Social and Legal Sciences

Global Economic Observer, 2021, vol. 9, issue 1, 166-179

Abstract: In the paper we analysed the electricity consumption in Romania, during the period between March and December 2020. The SARIMAX econometric models are used in order to estimate the contrafactual for monthly electricity consumption during the COVID-19 pandemic. The research findings show that the total domestic electricity consumption fell between March and August 2020 and registered a slow recovery by the end of the year. This dynamic is explained by a drastic drop in non-household electricity consumption, while the electricity consumption of household customers is systematically above the long-term trend.

Keywords: Electricity consumption; SARIMAX models; COVID-19 pandemic (search for similar items in EconPapers)
JEL-codes: C22 Q41 Q47 (search for similar items in EconPapers)
Date: 2021-06
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