Answer to Question #208404 in Economics for kulie

Question

discussion on electrical power industry current state of affairs

Answer 1

The power sector has seen unparalleled disruption due to the outbreak of the novel coronavirus disease (COVID-19). In the backdrop of the nationwide lockdown along with suspension of industrial production and many energy-intensive sectors, the demand for energy has gone down to unprecedented levels. Electricity demand dropped to Sunday levels under lockdown, with dramatic reductions in services and industry only partially offset by higher residential use.