Covid-19 Lockdown Demand Scenario

Summer 2020

FORECAST SPECIAL EDITION

Over the last decade we have witnessed the gradual reduction of GB electricity demand despite a growing economy and population. The reasons for this are mainly due to energy efficiency measures, a good example of which was the introduction of LED light bulbs. Other factors are thought to include changes in customer behaviour and possible movement of domestic manufacturing.

The Covid-19 Lockdown which began officially on the 23rd of March 2020 introduced an unprecedented and extreme change in customer behaviour and electricity usage. Whole sectors of businesses and manufacturing have paused, and workers have transitioned away from offices and are now working from home. Although domestic consumption may have increased due to the amount of the population now staying at home, it has been far outweighed by the loss to the impacted sectors.

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More information is available by speaking to Jason Thackray on 0333 9000 246 or email :
jason.thackray@utilityswopshop.co.uk