ABSTRACT

COVID-19: Potential Impacts on the Electric Power Sector [April 1, 2020]   [open pdf - 531KB]

From the Document: "The COVID-19 [coronavirus disease 2019] pandemic could impact the electric power sector directly (e.g., illness in the workforce) or indirectly (e.g., reduced economic activity caused by responses by governments, businesses, and the public at large). In the near-term (i.e., the next few weeks), most impacts will likely be caused by reduced economic activity. Long-term impacts are highly uncertain and likely depend on the pandemic's ultimate toll on U.S. public health and the economy. Potential impacts include reduced electricity demand, electric reliability risks, reduced utility bill payments, and delayed or reduced industry investment activity. Congress could choose to address these issues, or related issues, in future bills addressing the pandemic, in annual appropriations (which are currently being discussed for FY2021), in supplemental appropriations bills, or in other legislation."

Report Number:
CRS Insight, IN11300
Author:
Publisher:
Date:
2020-04-01
Series:
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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