4.8 Article

A Cross-Domain Approach to Analyzing the Short-Run Impact of COVID-19 on the US Electricity Sector

Journal

JOULE
Volume 4, Issue 11, Pages 2322-2337

Publisher

CELL PRESS
DOI: 10.1016/j.joule.2020.08.017

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Funding

  1. National Science Foundation [NSF ECCS-2035688, ECCS-1839616, CCF-1934904]
  2. National High-End Think Tank Construction Project of the National Governance and Global Governance Institute of Tsinghua University [2020WTF044]

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The novel coronavirus disease (COVID-19) has rapidly spread around the globe in 2020, with the US becoming the epicenter of COVID-19 cases since late March. As the US begins to gradually resume economic activity, it is imperative for policymakers and power system operators to take a scientific approach to understanding and predicting the impact on the electricity sector. Here, we release a first-of-its-kind cross-domain open-access data hub, integrating data from across all existing US wholesale electricity markets with COVID-19 case, weather, mobile device location, and satellite imaging data. Leveraging cross-domain insights from public health and mobility data, we rigorously uncover a significant reduction in electricity consumption that is strongly correlated with the number of COVID-19 cases, degree of social distancing, and level of commercial activity.

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