Lessons for Electric Utilities from COVID-19 Responses in Emerging Markets
The Coronavirus (COVID-19) pandemic and the resulting economic shutdown have severely depressed electricity demand across the globe, with acute consequences for the revenues and financial health of utilities, as well as smaller providers of utility...
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International Finance Corporation, Washington, DC
2020
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okr-10986-348542021-04-23T14:02:10Z Lessons for Electric Utilities from COVID-19 Responses in Emerging Markets Apfalter, Stefan Hommes, Martin Pereira Mendes, Miguel Toba, Natsuko EMERGING MARKET ECONOMIES ELECTRICITY ELECTRIC UTILITIES CORONAVIRUS COVID-19 PANDEMIC RESPONSE SMALL AND MEDIUM SIZE ENTERPRISE POWER SECTOR REFORM ELECTRICITY DEMAND The Coronavirus (COVID-19) pandemic and the resulting economic shutdown have severely depressed electricity demand across the globe, with acute consequences for the revenues and financial health of utilities, as well as smaller providers of utility services and off-grid companies. In many places, utility service providers also must manage the inability of consumers to pay for their services. Government support has been forthcoming, but utilities need to work closely with policymakers to ensure that programs are carefully designed in order to maintain ongoing system reforms, competitiveness, and affordability, and avoid long-lasting market disruptions. These support measures should avoid redundancy among sectors and ensure that resources are efficiently allocated and that welfare improvements are fairly distributed across the country in a sustainable manner. Investors must also understand changes to utilities’ finances and should work to support further reforms. 2020-12-02T15:08:09Z 2020-12-02T15:08:09Z 2020-09 Brief http://documents.worldbank.org/curated/en/747031606379394783/Lessons-for-Electric-Utilities-from-COVID-19-Responses-in-Emerging-Markets http://hdl.handle.net/10986/34854 English EMCompass;Note 90 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Brief |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
EMERGING MARKET ECONOMIES ELECTRICITY ELECTRIC UTILITIES CORONAVIRUS COVID-19 PANDEMIC RESPONSE SMALL AND MEDIUM SIZE ENTERPRISE POWER SECTOR REFORM ELECTRICITY DEMAND |
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EMERGING MARKET ECONOMIES ELECTRICITY ELECTRIC UTILITIES CORONAVIRUS COVID-19 PANDEMIC RESPONSE SMALL AND MEDIUM SIZE ENTERPRISE POWER SECTOR REFORM ELECTRICITY DEMAND Apfalter, Stefan Hommes, Martin Pereira Mendes, Miguel Toba, Natsuko Lessons for Electric Utilities from COVID-19 Responses in Emerging Markets |
relation |
EMCompass;Note 90 |
description |
The Coronavirus (COVID-19) pandemic and
the resulting economic shutdown have severely depressed
electricity demand across the globe, with acute consequences
for the revenues and financial health of utilities, as well
as smaller providers of utility services and off-grid
companies. In many places, utility service providers also
must manage the inability of consumers to pay for their
services. Government support has been forthcoming, but
utilities need to work closely with policymakers to ensure
that programs are carefully designed in order to maintain
ongoing system reforms, competitiveness, and affordability,
and avoid long-lasting market disruptions. These support
measures should avoid redundancy among sectors and ensure
that resources are efficiently allocated and that welfare
improvements are fairly distributed across the country in a
sustainable manner. Investors must also understand changes
to utilities’ finances and should work to support further reforms. |
format |
Brief |
author |
Apfalter, Stefan Hommes, Martin Pereira Mendes, Miguel Toba, Natsuko |
author_facet |
Apfalter, Stefan Hommes, Martin Pereira Mendes, Miguel Toba, Natsuko |
author_sort |
Apfalter, Stefan |
title |
Lessons for Electric Utilities from COVID-19 Responses in Emerging Markets |
title_short |
Lessons for Electric Utilities from COVID-19 Responses in Emerging Markets |
title_full |
Lessons for Electric Utilities from COVID-19 Responses in Emerging Markets |
title_fullStr |
Lessons for Electric Utilities from COVID-19 Responses in Emerging Markets |
title_full_unstemmed |
Lessons for Electric Utilities from COVID-19 Responses in Emerging Markets |
title_sort |
lessons for electric utilities from covid-19 responses in emerging markets |
publisher |
International Finance Corporation, Washington, DC |
publishDate |
2020 |
url |
http://documents.worldbank.org/curated/en/747031606379394783/Lessons-for-Electric-Utilities-from-COVID-19-Responses-in-Emerging-Markets http://hdl.handle.net/10986/34854 |
_version_ |
1764481796439801856 |