Coronavirus will disrupt North America power markets for at least 18 months: North America power and renewables March 2020 STO
1 minute read
The direct impact to the US economy and power markets from the coronavirus has become increasingly dramatic over the past month, and we project significant pullbacks in the larger North American economy and corresponding impacts to demand for power, with our baseline view calling for a sharp recession over the next several quarters. Should stimulus not help as much as anticipated, the recovery time could be longer.
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