demand destruction

The New York Independent System Operator (NYISO) on April 16 said weekday morning reductions in power consumption have averaged as much as 18% below typical levels, with the most dramatic drops noted in New York City as businesses remain closed during the COVID-19 pandemic. NYISO, in an updated analysis of estimated coronavirus demand impacts released […]

The coronavirus pandemic is altering the power landscape, with utilities and other power generators forced to adjust for load disruptions. Power consumption is changing as commercial and industrial electricity users close their businesses, and load is shifting to the residential sector with workers now settled in home offices, and students practicing remote and distance learning. […]