The effects of COVID-19 on electricity consumption in 2020

Key Messages:

  1. We estimate the impact of the COVID-19-induced economic crisis on Ukraine’s electricity consumption
  2. Annual electricity consumption to decrease by 5% in best- and 8% in worst-case scenario in 2020
  3. The effects of the crisis on wholesale electricity prices and on the generation mix might not be straightforward due to market regulations and require further assessment
Author(s):
Julia Breuing, Clemens Stiewe, Dr. Georg Zachmann, ABT

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Similar to Policy Papers, current or possible future policy topics are discussed. The economic analysis and policy recommendations are presented in a concise manner, focussing on the core arguments and results.