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COVID-19 and the Electricity Market: A Strategic Planning Framework for Sustainable Management in the Time of Crisis
Abstract
This chapter investigates the effects of COVID-19 on electricity consumption in some countries, especially in Iran. The effect of COVID-19 in the electricity industry and the amount of electricity consumption in Iran and in the countries that have been most affected have been studied. A study of COVID-19's impact on the world shows a reduction of about 15% in electricity demand during the short term of the COVID-19 outbreak. This amount varies from country to country. Studies show that the countries under study have experienced a relative decline in electricity demand in the short term, but with the continued prevalence of COVID-19 and the removal of some restrictions, the state of electricity consumption has more or less returned to pre-COVID-19 levels. It is worth noting that at the time of writing this chapter, the COVID-19 pandemic continues.
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