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

Author

Listed:
  • Shen,Chang
  • Alberini,Anna
  • Timilsina,Govinda R.

Abstract

During the 2020-2022 period, the COVID Pandemic affected, directly or indirectly, everyeconomic sector globally. While the effects on some sectors, such as travel and tourism, were highly visible, those onother sectors, such as utility services, require investigation. Whether COVID-19 affected total electricitygeneration and the electricity supply mix is an empirical question, which this study attempts to answer using paneldata of daily electricity generation between January 2018 and September 2021 from 26 countries. The study finds that a1-unit increase in the stringency measure of COVID-19 is linked with a 463 MWh decrease in the total dailyelectricity generation. The study does not find a significant change in the electricity generation mix due toCOVID-19 responses, although there is some evidence of some substitution of wind with solar and coal with natural gas.

Suggested Citation

  • Shen,Chang & Alberini,Anna & Timilsina,Govinda R., 2022. "The Impact of COVID-19 on Electricity Generation : An Empirical Investigation," Policy Research Working Paper Series 10116, The World Bank.
  • Handle: RePEc:wbk:wbrwps:10116
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    File URL: http://documents.worldbank.org/curated/en/099730506302220791/pdf/IDU0c7cf3a650c090041700b290040b2900decfb.pdf
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    References listed on IDEAS

    as
    1. Andrew Leach & Nic Rivers & Blake Shaffer, 2020. "Canadian Electricity Markets during the COVID-19 Pandemic: An Initial Assessment," Canadian Public Policy, University of Toronto Press, vol. 46(S2), pages 145-159, August.
    2. Corinne Le Quéré & Robert B. Jackson & Matthew W. Jones & Adam J. P. Smith & Sam Abernethy & Robbie M. Andrew & Anthony J. De-Gol & David R. Willis & Yuli Shan & Josep G. Canadell & Pierre Friedlingst, 2020. "Temporary reduction in daily global CO2 emissions during the COVID-19 forced confinement," Nature Climate Change, Nature, vol. 10(7), pages 647-653, July.
    3. Zhu Liu & Philippe Ciais & Zhu Deng & Ruixue Lei & Steven J. Davis & Sha Feng & Bo Zheng & Duo Cui & Xinyu Dou & Pan He & Biqing Zhu & Chenxi Lu & Piyu Ke & Taochun Sun & Yuan Wang & Xu Yue & Yilong W, 2020. "COVID-19 causes record decline in global CO2 emissions," Papers 2004.13614, arXiv.org, revised Jun 2020.
    4. Alberini, Anna & Prettico, Giuseppe & Shen, Chang & Torriti, Jacopo, 2019. "Hot weather and residential hourly electricity demand in Italy," Energy, Elsevier, vol. 177(C), pages 44-56.
    Full references (including those not matched with items on IDEAS)

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