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Forecasting

Aug. 5 Update: Latest Trends in Estimated Load Impacts of COVID-19 Mitigation Policies on North American and European Electricity Consumption

 Estimated Load Impacts of COVID-19 Mitigation Policies on North American and European Electricity Consumption
This data is for March through July 2020

As discussed in the first of this blog series on April 13, the Itron Forecasting Team is leveraging publicly available hourly load data for most North American Independent System Operators (ISOs) to build a picture of the load impacts by region as lockdown policies are enacted to help reduce the spread of COVID-19.

In addition, the Itron Forecasting Team is now including the Southwest Power Pool (SPP) and a select set of European countries to build a picture of the load impacts by region. To assess the load impact of COVID-19 mitigation strategies, actual loads when many of these policies began are compared to baseline loads without COVID-19 policy impacts.

Across Europe and North America, the biggest estimated load reductions occurred in April with an estimated reduction in average daily load between -7.2% and -12.2%. Average daily consumption began to return to normal levels starting in June and continuing through July.



For a detailed summary of the estimated load impacts, go to the forecasting website to download the latest COVID-19 Load Impact memo.

The Itron Forecasting Team will continue to post updated summary blogs and corresponding memos on these trends.

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