Elsevier

Applied Energy

Volume 286, 15 March 2021, 116354
Applied Energy

Quantitative assessment of U.S. bulk power systems and market operations during the COVID-19 pandemic

https://doi.org/10.1016/j.apenergy.2020.116354Get rights and content

Abstract

Starting in early 2020, the novel coronavirus disease (COVID-19) severely attached the U.S., causing substantial changes in the operations of bulk power systems and electricity markets. In this paper, we develop a data-driven analysis to substantiate the pandemic’s impacts from the perspectives of power system security, electric power generation, electric power demand and electricity prices. Our results suggest that both electric power demand and electricity prices have discernibly dropped during the COVID-19 pandemic. Geographically diverse impacts are observed and quantified, while the bulk power systems and markets in the northeast region are most severely affected. All the data sources, assessment criteria, and analysis codes reported in this paper are available on a GitHub repository.

Keywords

COVID-19 pandemic
Power system
Electricity market
Data-driven analysis
Impact analysis

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