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

• URL: http://arxiv.org/abs/2005.06631v7
• Date: Fri, 28 Aug 2020 02:53:08 GMT
• Title: A Cross-Domain Approach to Analyzing the Short-Run Impact of COVID-19 on the U.S. Electricity Sector
• Authors: Guangchun Ruan, Dongqi Wu, Xiangtian Zheng, Haiwang Zhong, Chongqing Kang, Munther A. Dahleh, S. Sivaranjani, Le Xie
• Abstract summary: coronavirus disease (COVID-19) has rapidly spread around the globe in 2020, with the U.S. becoming the epicenter. We release a first-of-its-kind cross-domain open-access data hub, integrating data from across all existing U.S. wholesale electricity markets with COVID-19 case, weather, cellular location, and satellite imaging data. We uncover a significant reduction in electricity consumption across that is strongly correlated with the rise in the number of COVID-19 cases, degree of social distancing, and level of commercial activity.
• Score: 1.2972684859455053
• License: http://arxiv.org/licenses/nonexclusive-distrib/1.0/
• Abstract: The novel coronavirus disease (COVID-19) has rapidly spread around the globe in 2020, with the U.S. becoming the epicenter of COVID-19 cases since late March. As the U.S. 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 U.S. wholesale electricity markets with COVID-19 case, weather, cellular location, and satellite imaging data. Leveraging cross-domain insights from public health and mobility data, we uncover a significant reduction in electricity consumption across that is strongly correlated with the rise in the number of COVID-19 cases, degree of social distancing, and level of commercial activity.

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