Commodity Market Report

Will COVID-19 disrupt gas and power markets?: North America power and renewables February 2020 short-term outlook

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COVID-19 itself has not yet directly impacted US power demand, as average daily demand has stayed nearly the same compared to the same time last year although dropped around 5% compared to last month. On the supply side, the disease’s spread has squeezed the global economy and brought disruptions to supply chains, including for the solar and wind industry. Production delays could impact both wind turbines and solar panels significantly.

Want more? Explore the rest of this series with deep dives into ERCOT, Northeast markets, Southeast markets, WECC, and the Midwest.