How does the electricity demand of the countries

Dołączył: 07 Mar 2024 Posty: 1

After more than two years of pandemic, the countries of Latin America and the Caribbean (LAC) are returning to a “new normal” thanks to their vaccination plans and an economic reactivation. As confinement was so important to stop the spread of infections, guaranteeing the continuity of network services (electricity and internet) was key to sustaining economic activities during the pandemic. However, the impact of the pandemic on electricity demand was very strong in some countries, with changes in the quantity and profile of demand.

Thus, monitoring the behavior of electricity demand is key to observing the usual productive recovery of countries as a result of the pandemic, and also serves as information for the investment C Level Executive List forecasts required for the electricity sector . At the IDB we have been monitoring the pulse of daily electricity demand in the countries of the region through a data visualization tool in the Energy Hub and through other blogs and publications . With this data we can carry out various analyzes to see the impact of the first days and months of the pandemic, see how countries return to their usual level of consumption, or simply find out about daily consumption.

In a period of interest (holidays, end of year , weekends, seasons of the year) and compare it between countries. We must highlight that, in the last two decades, the trend of electricity consumption in LAC had been growing at an annual average of 2.5% until 2019. With the pandemic and the first confinement measures in March 2020, the demand of 13 countries fell by 8% in the immediate period of the crisis if we compare consumption between March 15 and April 30, 2020 with the same period in 2019. The impact was heterogeneous in the countries depending on the beginnings and durations of confinement (see Figure 1, panel A).

Wysłany: Czw Mar 07, 2024 05:09