Skip to main content
Thermal ScienceVolume 26, Issue 5, 2022, Pages 4067-4078

ELECTRICITY CONSUMPTION AND MARKET PRICES IN SERBIA Impact of the Pandemic of COVID-19(Article)(Open Access)

  Save all to author list
  • Faculty of Technical Sciences, University of Novi Sad, Novi Sad, Serbia

Abstract

The COVID-19 pandemic has begun in early 2020 and still continues to strongly affect the entire world delivering a significant global, shock, but varying across countries and commodity sectors. The Government of the Republic of Serbia has been adopting different measures to slow down the dissemination of the corona-virus, specifically nationwide lockdown in March and April 2020. Business activ-ities have been reduced. The pandemic situation has changed the lifestyle as peo-ple are mostly staying home and working from home. This paper provides a re-view of unprecedented impacts of COVID-19 pandemic, with restrictions and lockdown in Serbia, on electricity sector at this stage of the crisis. The outcomes offer a contribution to the body of literature because limited research has been conducted on these relationships in case of Serbia. Sets of statistical indicators are used to analyze changes the electricity sector has been facing. Data visuali-zation is used to compare developments during the pandemic with those of previ-ous years. Our research and data-driven analysis of these impacts should im-prove the understanding of the techno-economic effects of unforeseen events, such as a pandemic, on the power system, scrutinizing if effects could be relative-ly short-lived or longer-lasting. © 2022 Society of Thermal Engineers of Serbia. Published by the Vinča Institute of Nuclear Sciences, Belgrade, Serbia. This is an open access article distributed under the CC BY-NC-ND 4.0 terms and conditions.

Author keywords

Day-ahead marketElectricity consumptionElectricity pricesLoad profilesPandemic covid-19

Indexed keywords

Engineering controlled terms:CostsElectric industryElectric power utilizationPower marketsViruses
Engineering uncontrolled termsDay ahead marketElectricity pricesElectricity sectorElectricity-consumptionLoad profilesMarket pricePandemic covid-19Republic of SerbiaResearch-drivenStatistical indicators
Engineering main heading:COVID-19
  • ISSN: 03549836
  • Source Type: Journal
  • Original language: English
  • DOI: 10.2298/TSCI2205067C
  • Document Type: Article
  • Publisher: Serbian Society of Heat Transfer Engineers

  Ćorović, N.M.; Faculty of Technical Sciences, University of Novi Sad, Novi Sad, Serbia;
© Copyright 2022 Elsevier B.V., All rights reserved.

Cited by 1 document

Beljan, D. , Duić, N.
Journal of Sustainable Development of Energy, Water and Environment Systems-Volume XI
(2023) Journal of Sustainable Development of Energy, Water and Environment Systems
View details of this citation
{"topic":{"name":"Energy Consumption; COVID 19 Epidemic; Renewable Energy Resource","id":27605,"uri":"Topic/27605","prominencePercentile":97.52146,"prominencePercentileString":"97.521","overallScholarlyOutput":0},"dig":"74e80f9b041f81ae40eec9282bda3966f04a6957e9c8dcbdf18e128b47d1ddf6"}

SciVal Topic Prominence

Topic:
Prominence percentile: