Topic: COVID-19 power sector impacts
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COVID-19's
unprecedented hit to the U.S. economy has state and federal lawmakers
scrambling to provide relief and industry leaders formulating new
strategies to stay afloat. For Utility Dive, that means shifting our
coverage to provide the insights you need in this extraordinary time.
How is this global crisis impacting you and your industry? What coverage would you like to see more of? Please
let us know.
Thanks for reading and stay safe,
Catherine Morehouse
Reporter, Utility Dive
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News and Trends
Deep Dive
Despite
short-term delays to projects, some industry players think demand for
distributed storage could see an uptick following the COVID-19 pandemic.
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Deep Dive
24 states
have delayed legislative sessions and most others are shifting
priorities toward the pandemic. That means state energy progress will
likely take a hit this session, stakeholders say.
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Deep Dive
Across
the U.S., nuclear sites need to accommodate an influx of workers during
the spring for cyclical refueling procedures, which will be difficult
based on public health restrictions put in place to limit the spread of
COVID-19.
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Demand for electricity is falling and experts say that could mean higher rates in some territories.
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The industry could face declines in demand, distracted regulators and disrupted supply chains, according to experts.
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Despite
a lack of direct funding, power sector leaders see broad benefits
stemming from the stimulus package, including small business and
unemployment loans.
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The
regulated utility subsidiaries are adjusting their plans to the
specific characteristics of the coronavirus under the expectation that
it could last a while.
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It's
been about a month since broad stock market indices began falling amid
novel coronavirus concerns. The utility sector has followed suit,
but experts say some have a better chance for a speedy recovery.
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Power
sector leaders are pushing Congress to address hits to the industry, as
a former Obama transition team member says renewables and transmission
buildouts could be the first jobs to start hiring.
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Deep Dive
There
is evidence of declining carbon emissions and improved air quality as
societies lock down. Experts say potential stimulus funding could
present an opportunity to perpetuate these changes.
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What We're Reading
Power Technology
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Power Engineering
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DOE Office of Cybersecurity, Energy Security, and Emergency Response
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S&P Global Market Intelligence
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CNBC
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