The Impact of COVID-19 on Electricity Generation : An Empirical Investigation

During the 2020-2022 period, the COVID Pandemic affected, directly or indirectly, every economic sector globally. While the effects on some sectors, such as travel and tourism, were highly visible, those on other sectors, such as utility services,...

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Main Authors:	Shen, Chang, Alberini, Anna, Timilsina, Govinda
Format:	Working Paper
Language:	English en_US
Published:	Washington, DC : World Bank 2022
Subjects:	COVID-19 ELECTRICITY GENERATION ELECTRICITY MIX COVID SEVERITY COOLING DEGREE DAYS HEATING DEGREE DAYS FUEL PRICES
Online Access:	http://documents.worldbank.org/curated/en/099730506302220791/IDU0c7cf3a650c090041700b290040b2900decfb http://hdl.handle.net/10986/37648

id	okr-10986-37648
recordtype	oai_dc
spelling	okr-10986-376482022-07-07T05:10:43Z The Impact of COVID-19 on Electricity Generation : An Empirical Investigation Shen, Chang Alberini, Anna Timilsina, Govinda COVID-19 ELECTRICITY GENERATION ELECTRICITY MIX COVID SEVERITY COOLING DEGREE DAYS HEATING DEGREE DAYS FUEL PRICES During the 2020-2022 period, the COVID Pandemic affected, directly or indirectly, every economic sector globally. While the effects on some sectors, such as travel and tourism, were highly visible, those on other sectors, such as utility services, require investigation. Whether COVID-19 affected total electricity generation and the electricity supply mix is an empirical question, which this study attempts to answer using panel data of daily electricity generation between January 2018 and September 2021 from 26 countries. The study finds that a 1-unit increase in the stringency measure of COVID-19 is linked with a 463 MWh decrease in the total daily electricity generation. The study does not find a significant change in the electricity generation mix due to COVID-19 responses, although there is some evidence of some substitution of wind with solar and coal with natural gas. 2022-07-06T17:47:23Z 2022-07-06T17:47:23Z 2022-06 Working Paper http://documents.worldbank.org/curated/en/099730506302220791/IDU0c7cf3a650c090041700b290040b2900decfb http://hdl.handle.net/10986/37648 English en_US Policy Research Working Paper;10116 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC : World Bank Publications & Research Publications & Research :: Policy Research Working Paper World
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	COVID-19 ELECTRICITY GENERATION ELECTRICITY MIX COVID SEVERITY COOLING DEGREE DAYS HEATING DEGREE DAYS FUEL PRICES
spellingShingle	COVID-19 ELECTRICITY GENERATION ELECTRICITY MIX COVID SEVERITY COOLING DEGREE DAYS HEATING DEGREE DAYS FUEL PRICES Shen, Chang Alberini, Anna Timilsina, Govinda The Impact of COVID-19 on Electricity Generation : An Empirical Investigation
geographic_facet	World
relation	Policy Research Working Paper;10116
description	During the 2020-2022 period, the COVID Pandemic affected, directly or indirectly, every economic sector globally. While the effects on some sectors, such as travel and tourism, were highly visible, those on other sectors, such as utility services, require investigation. Whether COVID-19 affected total electricity generation and the electricity supply mix is an empirical question, which this study attempts to answer using panel data of daily electricity generation between January 2018 and September 2021 from 26 countries. The study finds that a 1-unit increase in the stringency measure of COVID-19 is linked with a 463 MWh decrease in the total daily electricity generation. The study does not find a significant change in the electricity generation mix due to COVID-19 responses, although there is some evidence of some substitution of wind with solar and coal with natural gas.
format	Working Paper
author	Shen, Chang Alberini, Anna Timilsina, Govinda
author_facet	Shen, Chang Alberini, Anna Timilsina, Govinda
author_sort	Shen, Chang
title	The Impact of COVID-19 on Electricity Generation : An Empirical Investigation
title_short	The Impact of COVID-19 on Electricity Generation : An Empirical Investigation
title_full	The Impact of COVID-19 on Electricity Generation : An Empirical Investigation
title_fullStr	The Impact of COVID-19 on Electricity Generation : An Empirical Investigation
title_full_unstemmed	The Impact of COVID-19 on Electricity Generation : An Empirical Investigation
title_sort	impact of covid-19 on electricity generation : an empirical investigation
publisher	Washington, DC : World Bank
publishDate	2022
url	http://documents.worldbank.org/curated/en/099730506302220791/IDU0c7cf3a650c090041700b290040b2900decfb http://hdl.handle.net/10986/37648
_version_	1764487603273334784

The Impact of COVID-19 on Electricity Generation : An Empirical Investigation

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