The COVID-19 is having an impact on several sectors of the economy, and the power sector is not spared. The electricity sector is an integral part of the economy. The importance of its monitoring lies in the fact that it can help us: (1) prepare for futures challenges in the electricity sector associated with the revenue gap in the following months; (2) track the economic … [Read more...] about Monitoring the impact of the COVID-19 crisis on electricity: lower demand with different profiles
covid-19
Leveraging the Benefit of Low Oil Prices: A Call for Hedging Actions
For several weeks now the world has been suffering the impacts of COVID-19. One of the immediate impacts of the crisis has been a significant drop in economic activity, resulting in a sudden fall in demand and inevitably world oil prices. Such low oil prices had not been witnessed since the 2008 global financial crisis. For how long these prices will remain low is a big … [Read more...] about Leveraging the Benefit of Low Oil Prices: A Call for Hedging Actions
Electricity Demand in the Time of COVID-19
What the Picture Looks Like in Latin America and the Caribbean? The short-term effects of COVID-19 cannot be ignored by anyone. Millions of Americans have lost their jobs, the French have to ask for permission to leave their house, the Vatican was empty on the first days of Easter and carparks have been transformed into temporary hospitals. All sectors of the economy … [Read more...] about Electricity Demand in the Time of COVID-19
The electricity sector, a fundamental pillar in the battle against the COVID-19 pandemic
During the last few weeks, we have seen, heard, and read various information, in all possible media, about the pandemic that affects humanity. The impact of COVID-19 in Latin America and the Caribbean is beginning to directly affect the lives of the population due to the decisions, both political and economic, that governments have taken in favor of social protection and human … [Read more...] about The electricity sector, a fundamental pillar in the battle against the COVID-19 pandemic
Keeping the light on: How to ensure electric power services
The spread of the Coronavirus (COVID-19) has led the countries of the region to implement different economic and social measures to reduce its impact. The uncertainty caused by the lack of a vaccine, the fast spread of the virus, or the uncertain time it may take to return to a normal routine causes more concern. The immediate priority of governments is to guarantee health … [Read more...] about Keeping the light on: How to ensure electric power services