The coronavirus pandemic and the confinement of populations have caused a historic drop in global electricity consumption.
This is simply unheard of since 1945. The “great containment” triggered by the Covid-19 pandemic has led to a historic drop in global electricity consumption. Over the whole of 2020, it will have fallen by 2% according to the estimate of the International Energy Agency (IEA). This is more than double (-0.9%) than during the 2009 financial crisis.
The teleworking of millions of people around the world has not compensated for the shutdown of whole sections of the economy, which consume much more kilowatt hours. In developed countries, around one third of electricity is consumed by industry, one third by services (commercial and public) and the last third by households, according to the IEA report.
Europe shows the most marked decreases in the demand for electrons, by 4% on average. Over the year as a whole, the decline was similar in France and Germany (-5%) and more pronounced in the United Kingdom, Spain and Italy (-6%). At the height of the first…