The Impact of COVID-19 on the Power Sector

The Impact of COVID-19 on the Power Sector, power grid
Publication Date:
Jun 01, 2020
Region:
Language:
Type:
Country:

Power is essential for driving economic growth, especially in emerging markets. Achieving Sustainable Development Goal (SDG) 7—Ensure access to affordable, reliable, sustainable and modern energy for all—is a necessary precondition for progress on many other SDGs, including those concerning health, education, industry, sustainable cities, and more.

Emerging markets are especially vulnerable to these developments. Despite greater access to power in developing countries, over 789 million people across the globe remain in the dark.

COVID-19 has had an impact on the sector, particularly by leading to a reduction of demand, financial stress, and disruptions to the power supply chain.

Disclaimer: The resources on this site is usually managed by third party websites. The World Bank does not take responsibility for the accuracy, completeness, or quality of the information provided, or for any broken links or moved resources. Any changes in the underlying website or link may result in changes to the analysis and recommendations set forth on the Public-Private Partnership Resource Center. The inclusion of documents on this website should not be construed as either a commitment to provide financing or an endorsement by the World Bank of the quality of the document or project. If you have any comments on any of the links provided on the Public-Private Partnership Resource Center, please get in touch here