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Title: The Impact of COVID-19 on the Power Sector

Language: English

Type: Document

Nature: Guidelines

Published: October 21, 2020

Region: Global

Country: Global-World

Sector: Energy and Power

Topic: Covid-19 and PPPs

Keywords: PPPs by Topic *, Covid-19 **

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Document Summary:

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.

Document Details:

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.

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