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

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 p...

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Autores principales: Ruan, Guangchun, Wu, Jiahan, Zhong, Haiwang, Xia, Qing, Xie, Le
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Published by Elsevier Ltd. 2021
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7846474/
https://www.ncbi.nlm.nih.gov/pubmed/33551539
http://dx.doi.org/10.1016/j.apenergy.2020.116354
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author Ruan, Guangchun
Wu, Jiahan
Zhong, Haiwang
Xia, Qing
Xie, Le
author_facet Ruan, Guangchun
Wu, Jiahan
Zhong, Haiwang
Xia, Qing
Xie, Le
author_sort Ruan, Guangchun
collection PubMed
description 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.
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spelling pubmed-78464742021-02-01 Quantitative assessment of U.S. bulk power systems and market operations during the COVID-19 pandemic Ruan, Guangchun Wu, Jiahan Zhong, Haiwang Xia, Qing Xie, Le Appl Energy Article 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. Published by Elsevier Ltd. 2021-03-15 2021-01-30 /pmc/articles/PMC7846474/ /pubmed/33551539 http://dx.doi.org/10.1016/j.apenergy.2020.116354 Text en © 2020 Published by Elsevier Ltd. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Ruan, Guangchun
Wu, Jiahan
Zhong, Haiwang
Xia, Qing
Xie, Le
Quantitative assessment of U.S. bulk power systems and market operations during the COVID-19 pandemic
title Quantitative assessment of U.S. bulk power systems and market operations during the COVID-19 pandemic
title_full Quantitative assessment of U.S. bulk power systems and market operations during the COVID-19 pandemic
title_fullStr Quantitative assessment of U.S. bulk power systems and market operations during the COVID-19 pandemic
title_full_unstemmed Quantitative assessment of U.S. bulk power systems and market operations during the COVID-19 pandemic
title_short Quantitative assessment of U.S. bulk power systems and market operations during the COVID-19 pandemic
title_sort quantitative assessment of u.s. bulk power systems and market operations during the covid-19 pandemic
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7846474/
https://www.ncbi.nlm.nih.gov/pubmed/33551539
http://dx.doi.org/10.1016/j.apenergy.2020.116354
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