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Garcia-Rendon J, Rey Londoño F, Arango Restrepo LJ, Bohorquez Correa S. Sectoral analysis of electricity consumption during the COVID-19 pandemic: Evidence for unregulated and regulated markets in Colombia. ENERGY (OXFORD, ENGLAND) 2023; 268:126614. [PMID: 36627887 PMCID: PMC9815856 DOI: 10.1016/j.energy.2023.126614] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [Track Full Text] [Figures] [Subscribe] [Scholar Register] [Received: 09/14/2022] [Revised: 11/27/2022] [Accepted: 01/02/2023] [Indexed: 06/17/2023]
Abstract
We conduct a sectoral analysis of electricity consumption during the Coronavirus disease 2019 (COVID-19) pandemic for the primary sectors that make up Colombia's unregulated and regulated markets. Applying a model of seemingly unrelated regression equations to examine data between February 2015 and May 2021, we evidence the recomposition of electricity consumption related to mandatory preventive isolation during the pandemic. Average consumption in the residential sector increased by 16.9% as working from home became prevalent. In contrast, unregulated market sectors subjected to quarantines presented a significant decrease in consumption, up to 32% in the financial sector. While industries that were not subjected to mandatory confinement, such as health, food (agriculture), and water supply, had no significant effect. Our results are relevant for informing demand forecasts and planning network expansions to guarantee the reliability of the supply as pandemic practices such as working from home become permanent.
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Affiliation(s)
- John Garcia-Rendon
- Research Group on Economics of the Firm, Department of Economics, Universidad EAFIT, Carrera 49 N° 7 Sur - 50 Bloque 26, Medellín, Colombia
| | | | | | - Santiago Bohorquez Correa
- Research Group on Economics of the Firm, Department of Economics, Universidad EAFIT, Carrera 49 N° 7 Sur - 50 Bloque 26, Medellín, Colombia
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2
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Cassetti G, Boitier B, Elia A, Le Mouël P, Gargiulo M, Zagamé P, Nikas A, Koasidis K, Doukas H, Chiodi A. The interplay among COVID-19 economic recovery, behavioural changes, and the European Green Deal: An energy-economic modelling perspective. ENERGY (OXFORD, ENGLAND) 2023; 263:125798. [PMID: 36337365 PMCID: PMC9621398 DOI: 10.1016/j.energy.2022.125798] [Citation(s) in RCA: 3] [Impact Index Per Article: 3.0] [Reference Citation Analysis] [Abstract] [Key Words] [Track Full Text] [Figures] [Subscribe] [Scholar Register] [Received: 06/04/2022] [Revised: 10/13/2022] [Accepted: 10/17/2022] [Indexed: 06/16/2023]
Abstract
In the EU, COVID-19 and associated policy responses led to economy-wide disruptions and shifts in services demand, with considerable energy-system implications. The European Commission's response paved the way towards enhancing climate ambition through the European Green Deal. Understanding the interactions among environmental, social, and economic dimensions in climate action post-COVID thus emerged as a key challenge. This study disaggregates the implications of climate ambition, speed of economic recovery from COVID-19, and behavioural changes due to pandemic-related measures and/or environmental concerns for EU transition dynamics, over the next decade. It soft-links two large-scale energy-economy models, EU-TIMES and NEMESIS, to shed light on opportunities and challenges related to delivering on the EU's 2030 climate targets. Results indicate that half the effort required to reach the updated 55% emissions reduction target should come from electricity decarbonisation, followed by transport. Alongside a post-COVID return to normal, the European Green Deal may lead to increased carbon prices and fossil-fuel rebounds, but these risks may be mitigated by certain behavioural changes, gains from which in transport energy use would outweigh associated consumption increases in the residential sector. Finally, the EU recovery mechanism could deliver about half the required investments needed to deliver on the 2030 ambition.
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Affiliation(s)
| | | | - Alessia Elia
- E4SMA S.r.l., Via Livorno, 60, 10144, Turin, Italy
| | | | | | - Paul Zagamé
- SEURECO, 9 Rue de Chateaudun, 75009, Paris, France
- Université Paris 1 Panthéon-Sorbonne, 12 Pl. du Panthéon, 75231, Paris, France
| | - Alexandros Nikas
- School of Electrical & Computer Engineering, National Technical University of Athens, Iroon Polytechniou 9, 15780, Zografou, Athens, Greece
| | - Konstantinos Koasidis
- School of Electrical & Computer Engineering, National Technical University of Athens, Iroon Polytechniou 9, 15780, Zografou, Athens, Greece
| | - Haris Doukas
- School of Electrical & Computer Engineering, National Technical University of Athens, Iroon Polytechniou 9, 15780, Zografou, Athens, Greece
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Rane R, Dubey A, Rasool A, Wadhvani R. Data Mining Based Techniques for Covid-19 Predictions. PROCEDIA COMPUTER SCIENCE 2023; 218:210-219. [PMID: 36743794 PMCID: PMC9886325 DOI: 10.1016/j.procs.2023.01.003] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [Track Full Text] [Subscribe] [Scholar Register] [Indexed: 02/01/2023]
Abstract
COVID-19 is a pandemic that has resulted in numerous fatalities and infections in recent years, with a rising tendency in both the number of infections and deaths and the pace of recovery. Accurate forecasting models are important for making accurate forecasts and taking relevant actions. As a result, accurate short-term forecasting of the number of new cases that are contaminated and recovered is essential for making the best use of the resources at hand and stopping or delaying the spread of such illnesses. This paper shows the various techniques for forecasting the covid-19 cases. This paper classifies the various models according to their category and shows the merits and demerits of various fore-casting techniques. The research provides insight into potential issues that may arise during the forecasting of covid-19 instances for predicting the positive, negative, and death cases in this pandemic. In this paper, numerous forecasting techniques and their categories have been studied. The goal of this work is to aggregate the findings of several forecasting techniques to aid in the fight against the pandemic.
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Affiliation(s)
- Rahul Rane
- Department of Computer Science and Engineering, Maulana Azad National Institute of Technology, Bhopal and 462003, India
| | - Aditya Dubey
- Department of Computer Science and Engineering, Maulana Azad National Institute of Technology, Bhopal and 462003, India
| | - Akhtar Rasool
- Department of Computer Science and Engineering, Maulana Azad National Institute of Technology, Bhopal and 462003, India
| | - Rajesh Wadhvani
- Department of Computer Science and Engineering, Maulana Azad National Institute of Technology, Bhopal and 462003, India
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Li S, Wang Q, Jiang XT, Li R. The negative impact of the COVID-19 on renewable energy growth in developing countries: Underestimated. JOURNAL OF CLEANER PRODUCTION 2022; 367:132996. [PMID: 35975111 PMCID: PMC9371588 DOI: 10.1016/j.jclepro.2022.132996] [Citation(s) in RCA: 1] [Impact Index Per Article: 0.5] [Reference Citation Analysis] [Abstract] [Key Words] [Track Full Text] [Subscribe] [Scholar Register] [Received: 02/07/2022] [Revised: 06/27/2022] [Accepted: 06/30/2022] [Indexed: 05/02/2023]
Abstract
According to the United Nations Environment Programme, the COVID-19 pandemic has created challenges for the economy and the energy sector, as well as uncertainty for the renewable energy industry. However, the impact on renewable energy during the pandemic has not been consistently determined. Instead of relying on data from year-to-year comparisons, this study redesigned the analytical framework for assessing the impact of a pandemic on renewable energy. First, this research designed an "initial prediction-parameter training-error correction-assignment combination" forecasting approach to simulate renewable energy consumption in a "no pandemic" scenario. Second, this study calculates the difference between the "pandemic" and "no pandemic" scenarios for renewable energy consumption. This difference represents the change in renewable energy due to the COVID-19 pandemic. Various techniques such as nonlinear grey, artificial neural network and IOWGA operator were incorporated. The MAPEs were controlled to within 5% in 80% of the country samples. The conclusions indicated that renewable energy in China and India declined by 8.57 mtoe and 3.19 mtoe during COVID-19 period. In contrast, the rise in renewable energy in the US is overestimated by 8.01 mtoe. Overall, previous statistics based on year-to-year comparisons have led to optimistic estimates of renewable energy development during the pandemic. This study sheds light on the need for proactive policy measures in the future to counter the global low tide of renewable energy amid COVID-19.
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Affiliation(s)
- Shuyu Li
- School of Economics and Management, China University of Petroleum (East China), Qingdao, 266580, People's Republic of China
- Institute for Energy Economics and Policy, China University of Petroleum (East China), Qingdao, 266580, People's Republic of China
| | - Qiang Wang
- School of Economics and Management, China University of Petroleum (East China), Qingdao, 266580, People's Republic of China
- School of Economics and Management, Xinjiang University, Urumqi, Xinjiang, 830046, People's Republic of China
- Institute for Energy Economics and Policy, China University of Petroleum (East China), Qingdao, 266580, People's Republic of China
| | - Xue-Ting Jiang
- Crawford School of Public Policy, The Australian National University, Canberra, ACT, 2601, Australia
| | - Rongrong Li
- School of Economics and Management, China University of Petroleum (East China), Qingdao, 266580, People's Republic of China
- School of Economics and Management, Xinjiang University, Urumqi, Xinjiang, 830046, People's Republic of China
- Institute for Energy Economics and Policy, China University of Petroleum (East China), Qingdao, 266580, People's Republic of China
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Todeschi V, Javanroodi K, Castello R, Mohajeri N, Mutani G, Scartezzini JL. Impact of the COVID-19 pandemic on the energy performance of residential neighborhoods and their occupancy behavior. SUSTAINABLE CITIES AND SOCIETY 2022; 82:103896. [PMID: 35433236 PMCID: PMC9001180 DOI: 10.1016/j.scs.2022.103896] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [Track Full Text] [Figures] [Subscribe] [Scholar Register] [Received: 12/22/2021] [Revised: 03/11/2022] [Accepted: 04/10/2022] [Indexed: 06/14/2023]
Abstract
Several contrasting effects are reported in the existing literature concerning the impact assessment of the COVID-19 outbreak on the use of energy in buildings. Following an in-depth literature review, we here propose a GIS-based approach, based on pre-pandemic, partial, and full lockdown scenarios, using a bottom-up engineering model to quantify these impacts. The model has been verified against measured energy data from a total number of 451 buildings in three urban neighborhoods in the Canton of Geneva, Switzerland. The accuracy of the engineering model in predicting the energy demand has been improved by 10%, in terms of the mean absolute percentage error, as a result of adopting a data-driven correction with a random forest algorithm. The obtained results show that the energy demand for space heating and cooling tended to increase by 8% and 17%, respectively, during the partial lockdown, while these numbers rose to 13% and 28% in the case of the full lockdown. The study also reveals that the introduced detailed occupancy scenarios are the key to improving the accuracy of urban building energy models (UBEMs). Finally, it is shown that the proposed GIS-based approach can be used to mitigate the expected impacts of any possible future pandemic in urban neighborhoods.
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Affiliation(s)
- Valeria Todeschi
- Solar Energy and Building Physics Laboratory (LESO-PB), Ecole Polytechnique Fédérale de Lausanne (EPFL), Lausanne, Switzerland
- Future Urban Legacy Lab (FULL), Department of Energy, Politecnico di Torino, Torino, Italy
| | - Kavan Javanroodi
- Solar Energy and Building Physics Laboratory (LESO-PB), Ecole Polytechnique Fédérale de Lausanne (EPFL), Lausanne, Switzerland
| | - Roberto Castello
- Solar Energy and Building Physics Laboratory (LESO-PB), Ecole Polytechnique Fédérale de Lausanne (EPFL), Lausanne, Switzerland
- Swiss Data Science Center (SDSC), Ecole Polytechnique Fédérale de Lausanne (EPFL), Lausanne, Switzerland
| | - Nahid Mohajeri
- UCL Institute for Environmental Design and Engineering, University College London, London, United Kingdom
| | - Guglielmina Mutani
- Responsible Risk Resilience Centre (R3C), Department of Energy, Politecnico di Torino, Torino, Italy
| | - Jean-Louis Scartezzini
- Solar Energy and Building Physics Laboratory (LESO-PB), Ecole Polytechnique Fédérale de Lausanne (EPFL), Lausanne, Switzerland
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6
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Yukseltan E, Kok A, Yucekaya A, Bilge A, Aktunc EA, Hekimoglu M. The impact of the COVID-19 pandemic and behavioral restrictions on electricity consumption and the daily demand curve in Turkey. UTILITIES POLICY 2022; 76:101359. [PMID: 35250191 PMCID: PMC8882403 DOI: 10.1016/j.jup.2022.101359] [Citation(s) in RCA: 2] [Impact Index Per Article: 1.0] [Reference Citation Analysis] [Abstract] [Key Words] [Track Full Text] [Subscribe] [Scholar Register] [Received: 05/06/2021] [Revised: 02/17/2022] [Accepted: 02/17/2022] [Indexed: 05/25/2023]
Abstract
The rapid spread of COVID-19 has severely impacted many sectors, including the electricity sector. The reliability of the electricity sector is critical to the economy, health, and welfare of society; therefore, supply and demand need to be balanced in real-time, and the impact of unexpected factors should be analyzed. During the pandemic, behavioral restrictions such as lockdowns, closure of factories, schools, and shopping malls, and changing habits, such as shifted work and leisure hours at home, significantly affected the demand structure. In this research, the restrictions and their corresponding timing are classified and mapped with the Turkish electricity demand data to analyze the estimated impact of the restrictions on total demand and daily demand profile. A modulated Fourier Series Expansion evaluates deviations from normal conditions in the aggregate demand and the daily consumption profile. The aggregate demand shows a significant decrease in the early phase of the pandemic, during the period March-June 2020. The shape of the daily demand curve is analyzed to estimate how much demand shifted from daytime to night-time. A population-based restriction index is proposed to analyze the relationship between the strength and coverage of the restrictions and the total demand. The persistency of the changes in the daily demand curve in the post-contingency period is analyzed. These findings imply that new scheduling approaches for daily and weekly loads are required to avoid supply-demand mismatches in the future. The long-term policy implications for the energy transition and lessons learned from the COVID-19 pandemic experience are also presented.
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Affiliation(s)
- E Yukseltan
- Department of Industrial Engineering, Kadir Has University, Istanbul, Turkey
| | - A Kok
- Department of Industrial Engineering, Kadir Has University, Istanbul, Turkey
| | - A Yucekaya
- Department of Industrial Engineering, Kadir Has University, Istanbul, Turkey
| | - A Bilge
- Department of Industrial Engineering, Kadir Has University, Istanbul, Turkey
| | - E Agca Aktunc
- Department of Industrial Engineering, Kadir Has University, Istanbul, Turkey
| | - M Hekimoglu
- Department of Industrial Engineering, Kadir Has University, Istanbul, Turkey
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7
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Buechler E, Powell S, Sun T, Astier N, Zanocco C, Bolorinos J, Flora J, Boudet H, Rajagopal R. Global changes in electricity consumption during COVID-19. iScience 2022; 25:103568. [PMID: 34877481 PMCID: PMC8641442 DOI: 10.1016/j.isci.2021.103568] [Citation(s) in RCA: 12] [Impact Index Per Article: 6.0] [Reference Citation Analysis] [Abstract] [Key Words] [Track Full Text] [Download PDF] [Figures] [Journal Information] [Subscribe] [Scholar Register] [Received: 03/09/2021] [Revised: 09/08/2021] [Accepted: 11/30/2021] [Indexed: 01/19/2023] Open
Abstract
Understanding how the COVID-19 pandemic has altered electricity consumption can provide insights into society's responses to future shocks and other extreme events. We quantify changes in electricity consumption in 58 different countries/regions around the world from January-October 2020 and examine how those changes relate to government restrictions, health outcomes, GDP, mobility metrics, and electricity sector characteristics in different countries. We cluster the timeseries of electricity consumption changes to identify impact groupings that capture systematic differences in timing, depth of initial changes, and recovery rate, revealing substantial heterogeneity. Results show that stricter government restrictions and larger decreases in mobility (particularly retail and recreation) are most tightly linked to decreases in electricity consumption, although these relationships are strongest during the initial phase of the pandemic. We find indications that decreases in electricity consumption relate to pre-pandemic sensitivity to holidays, suggesting a new direction for future research.
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Affiliation(s)
| | - Siobhan Powell
- Mechanical Engineering, Stanford University, Stanford, CA 94305, USA
| | - Tao Sun
- Civil and Environmental Engineering, Stanford University, Stanford, CA 94305, USA
| | | | - Chad Zanocco
- Civil and Environmental Engineering, Stanford University, Stanford, CA 94305, USA
| | - Jose Bolorinos
- Civil and Environmental Engineering, Stanford University, Stanford, CA 94305, USA
| | - June Flora
- Civil and Environmental Engineering, Stanford University, Stanford, CA 94305, USA
| | - Hilary Boudet
- School of Public Policy, Oregon State University, Corvallis, OR 97331, USA
| | - Ram Rajagopal
- Civil and Environmental Engineering, Stanford University, Stanford, CA 94305, USA
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8
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Bazzana D, Cohen JJ, Golinucci N, Hafner M, Noussan M, Reichl J, Rocco MV, Sciullo A, Vergalli S. A multi-disciplinary approach to estimate the medium-term impact of COVID-19 on transport and energy: A case study for Italy. ENERGY (OXFORD, ENGLAND) 2022; 238:122015. [PMID: 34518723 PMCID: PMC8426115 DOI: 10.1016/j.energy.2021.122015] [Citation(s) in RCA: 3] [Impact Index Per Article: 1.5] [Reference Citation Analysis] [Abstract] [Key Words] [Track Full Text] [Figures] [Subscribe] [Scholar Register] [Received: 01/15/2021] [Revised: 09/05/2021] [Accepted: 09/06/2021] [Indexed: 06/13/2023]
Abstract
The aim of this paper is to estimate the potential impacts of different COVID-19 scenarios on the Italian energy sector through 2030, with a specific focus on transport and industry. The analysis takes a multi-disciplinary approach to properly consider the complex interactions of sectors across Italy. This approach includes the assessment of economic conditions using macroeconomic and input-output models, modelling the evolution of the energy system using an energy and transport model, and forecasting the reaction of travel demand and modal choice using econometric models and expert interviews. Results show that the effect of COVID-19 pandemic may lead to mid-term effects on energy consumption. The medium scenario, which assumes a stop of the emergency by the end of 2021, shows that energy-related emissions remain 10% lower than the baseline in the industry sector and 6% lower in the transport sector by 2030, when compared with a pre-COVID trend. Policy recommendations to support a green recovery are discussed in light of the results.
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Affiliation(s)
- Davide Bazzana
- Fondazione Eni Enrico Mattei, Milano, Italy
- Università degli Studi di Brescia, Brescia, Italy
| | - Jed J Cohen
- Salt River Project, Integrated System Planning and Support, Tempe, Arizona, USA
| | - Nicolò Golinucci
- Fondazione Eni Enrico Mattei, Milano, Italy
- Politecnico di Milano, Milano, Italy
| | - Manfred Hafner
- Fondazione Eni Enrico Mattei, Milano, Italy
- SciencesPo - Paris School of International Affairs (PSIA), Paris, France
- Johns Hopkins University - School of Advanced International Studies (SAIS-Europe), Bologna, Italy
| | - Michel Noussan
- Fondazione Eni Enrico Mattei, Milano, Italy
- SciencesPo - Paris School of International Affairs (PSIA), Paris, France
| | - Johannes Reichl
- Energieinstitut an der Johannes Kepler Universität Linz, Linz, Austria
| | | | - Alessandro Sciullo
- IRES Piemonte - Istituto di Ricerche Economico Sociali del Piemonte, Torino, Italy
- Università degli Studi di Torino, Torino, Italy
| | - Sergio Vergalli
- Fondazione Eni Enrico Mattei, Milano, Italy
- Università degli Studi di Brescia, Brescia, Italy
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9
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A Data-Driven Clustering Analysis for the Impact of COVID-19 on the Electricity Consumption Pattern of Zhejiang Province, China. ENERGIES 2021. [DOI: 10.3390/en14238187] [Citation(s) in RCA: 2] [Impact Index Per Article: 0.7] [Reference Citation Analysis] [Abstract] [Track Full Text] [Subscribe] [Scholar Register] [Indexed: 11/16/2022]
Abstract
The COVID-19 pandemic has impacted electricity consumption patterns and such an impact cannot be analyzed by simple data analytics. In China, specifically, city lock-down policies lasted for only a few weeks and the spread of COVID-19 was quickly under control. This has made it challenging to analyze the hidden impact of COVID-19 on electricity consumption. This paper targets the electricity consumption of a group of regions in China and proposes a new clustering-based method to quantitatively investigate the impact of COVID-19 on the industrial-driven electricity consumption pattern. This method performs K-means clustering on time-series electricity consumption data of multiple regions and uses quantitative metrics, including clustering evaluation metrics and dynamic time warping, to quantify the impact and pattern changes. The proposed method is applied to the two-year daily electricity consumption data of 87 regions of Zhejiang province, China, and quantitively confirms COVID-19 has changed the electricity consumption pattern of Zhejiang in both the short-term and long-term. The time evolution of the pattern change is also revealed by the method, so the impact start and end time can be inferred. Results also show the short-term impact of COVID-19 is similar across different regions, while the long-term impact is not. In some regions, the pandemic only caused a time-shift in electricity consumption; but in others, the electricity consumption pattern has been permanently changed. The data-driven analysis of this paper can be the first step to fully interpret the COVID-19 impact by considering economic and social parameters in future studies.
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10
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Impact of the COVID-19 Pandemic to the Sustainability of the Energy Sector. SUSTAINABILITY 2021. [DOI: 10.3390/su132312973] [Citation(s) in RCA: 5] [Impact Index Per Article: 1.7] [Reference Citation Analysis] [Abstract] [Track Full Text] [Subscribe] [Scholar Register] [Indexed: 12/23/2022]
Abstract
In order to control the COVID-19 pandemic, the governments of the world started to implement measures regarding social distance and social contacts, including closures of cities, work and study relocations, and work suspension. The epidemical situation and the lockdown of the economy by governments in various countries caused changes in production, changes in the habits of energy consumers and other energy-related changes. This article analyses the impact of the global pandemic on the energy sector and the relationship with the progress to the sustainability of the energy sector. The systematic literature review was performed in the Web of Science (WoS) database. The research follows recommendations of the SALSA (Search, Appraisal, Synthesis and Analysis) and PRISMA (Preferred Reporting Items for Systematic Reviews and Meta-Analyses) approaches. A total of 113 relevant articles were selected for the analysis. All selected articles were categorized according to their application and impact areas. The five main impact areas of the COVID-19 pandemic to the sustainability of the energy sector were identified: consumption and energy demand; air pollution; investments in renewable energy; energy poverty; and energy system flexibility. Based on the current research findings and perception of the problem, the main insights for future research in the field are provided.
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11
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Wind Speed and Solar Irradiance Prediction Using a Bidirectional Long Short-Term Memory Model Based on Neural Networks. ENERGIES 2021. [DOI: 10.3390/en14206501] [Citation(s) in RCA: 6] [Impact Index Per Article: 2.0] [Reference Citation Analysis] [Abstract] [Track Full Text] [Subscribe] [Scholar Register] [Indexed: 11/17/2022]
Abstract
The rapid growth of wind and solar energy penetration has created critical issues, such as fluctuation, uncertainty, and intermittence, that influence the power system stability, grid operation, and the balance of the power supply. Improving the reliability and accuracy of wind and solar energy predictions can enhance the power system stability. This study aims to contribute to the issues of wind and solar energy fluctuation and intermittence by proposing a high-quality prediction model based on neural networks (NNs). The most efficient technology for analyzing the future performance of wind speed and solar irradiance is recurrent neural networks (RNNs). Bidirectional RNNs (BRNNs) have the advantages of manipulating the information in two opposing directions and providing feedback to the same outputs via two different hidden layers. A BRNN’s output layer concurrently receives information from both the backward layers and the forward layers. The bidirectional long short-term memory (BI-LSTM) prediction model was designed to predict wind speed, solar irradiance, and ambient temperature for the next 169 h. The solar irradiance data include global horizontal irradiance (GHI), direct normal irradiance (DNI), and diffuse horizontal irradiance (DHI). The historical data collected from Dumat al-Jandal City covers the period from 1 January 1985 to 26 June 2021, as hourly intervals. The findings demonstrate that the BI-LSTM model has promising performance in terms of evaluation, with considerable accuracy for all five types of historical data, particularly for wind speed and ambient temperature values. The model can handle different sizes of sequential data and generates low error metrics.
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12
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The Impact of COVID-19 on Electricity Prices in Italy, the Czech Republic, and China. APPLIED SCIENCES-BASEL 2021. [DOI: 10.3390/app11198793] [Citation(s) in RCA: 3] [Impact Index Per Article: 1.0] [Reference Citation Analysis] [Abstract] [Track Full Text] [Subscribe] [Scholar Register] [Indexed: 11/16/2022]
Abstract
COVID-19 is likely to be the 2020s’ deadliest pandemic according to the World Health Organization (WHO). There have been more than 3.7 million confirmed deaths after 15 months spread. Besides the loss of human lives, COVID-19 has other unfavorable impacts on society, education, and the economy. Due to successive lockdowns and the continuous quarantines, the demands on power resources have reduced. Therefore, there is a need to investigate the impacts of the COVID-19 pandemic on electricity prices (EP). In this paper, a set of six economic factors that are affected by COVID-19 and affect EP are considered. These factors were fed into a functional link artificial neural network (FLANN) to model the relationships between them and the EP. An empirical equation was formulated to help decision makers and strategic developers in the electricity markets come up with more appropriate plans. Italy, the Czech Republic, and China were used as case studies in this research.
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13
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Khan I, Sahabuddin M. COVID-19 pandemic, lockdown, and consequences for a fossil fuel-dominated electricity system. AIP ADVANCES 2021; 11:055307. [PMID: 34084652 PMCID: PMC8171325 DOI: 10.1063/5.0050551] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Track Full Text] [Subscribe] [Scholar Register] [Received: 03/16/2021] [Accepted: 04/20/2021] [Indexed: 05/26/2023]
Abstract
In South Asian countries, the spread of COVID-19 was not treated seriously until mid-March 2020. Measures similar to those considered in Europe and other developed countries, such as maintaining social distance and lockdowns, were imposed. Lockdowns imposed a significant impact on the power sector, and this has been well explored in the literature for developed countries. A country-specific assessment of the impact of COVID-19 on the energy sector is crucial for future crisis management and underpinning sustainable power sector development plans. The impact of COVID-19 on Bangladesh's fossil-fuel dominated electricity sector is explored in this study. The analyses were conducted for 2019 and for the pandemic lockdown period in 2020. Daily hourly demand variations for different electricity generation zones in the country were investigated. The impact of these demand variations on greenhouse gas (GHG) emissions was assessed through time-varying carbon intensity analysis. Nationwide, the analysis revealed that the maximum hourly demand reduced by about 14% between 5 and 6 pm whereas the minimum demand reduction (3%-4%) occurred between 7:30 and 8 pm. Peak time demand reduction was found to be minimal during lockdowns. The national absolute GHG emission reduced by about 1075 kt CO2 e, an ∼16% reduction compared with that in 2019. Time-varying carbon intensity patterns varied significantly between zones.
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Affiliation(s)
- Imran Khan
- Department of Electrical and Electronic
Engineering, Jashore University of Science and Technology, Jashore 7408,
Bangladesh
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