How Covid-19 is affecting electricity consumption
This article is published in collaboration with statista
by Martin Armstrong
With schools, offices and factories closed across Europe as a response to the coronavirus pandemic, the energy requirements of most countries are currently considerably lower than usual. While those now working from home will notice an increase in their energy costs, the overall story is one of reduction.
Analysis by economic think tank Bruegel estimates that, when taking differences in temperature into account, electricity consumption in hard-hit Italy was down 27 percent compared to the corresponding day in 2019. As this infographic shows the picture is similar in other countries in lockdown.
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