Wood Mackenzie: How Does Corona Affect Power Markets?

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How Italy’s lockdown is affecting power demand and what other markets may face in the future

Official Press Release Wood Mackenzie:

How Italy’s lockdown is affecting power demand

Wind Industry Profile of
How Italy’s lockdown is affecting power demand

And what that tells us about what’s to come in other markets

Italy is currently the epicentre of the coronavirus pandemic, with more new and active cases than China – other European countries, Spain and Germany in particular, are not far behind. On March 13, in an attempt to slow the rate of infection and reduce the strain on health services, the Italian government implemented a country-wide lockdown. More than 60 million people were ordered to stay home. Only supermarkets and pharmacies remain open, some serving customers through windows. Only one member of a household can leave the house at a time. And police are fining people for being outside without good reason. How is this shift in consumer behaviour affecting power demand? This emergency stop... ... More: Official Press Release Wood Mackenzie

Wood Mackenzie, corona, COVID-19, power demand, shutdown, Italy, market, power consumption, development, oil, gas, solar, consumer, home, virus, crisis, energy market

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