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  • Effects of the COVID-19 Pandemic on the Spot Price of Colombian Electricity

    image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/
    descriptionPublicationkeyboard_double_arrow_right Article , Journal , Other literature type 2021Publisher:MDPI AG
    Authors: Andrés Oviedo-Gómez; Sandra Milena Londoño-Hernández; Diego Fernando Manotas-Duque;

    doi: 10.3390/en14216989

    COVID-19 disease shocked global economic activity and affected the electricity markets due to lockdown and work-from-home policies. Therefore, this study proposes an empirical analysis to identify the electricity spot price response during the preventive and mandatory insulation in Colombia, where the economic contraction caused the largest decrease in the electricity demand, especially in the industrial sector. The methodology applied was quantile regression to quantify the non-linear effect on the spot price returns, and two sample periods were selected to contrast the results: 2018 and 2019. The main findings showed that regulated demand variation caused the highest variability on the spot price dynamic during the strict quarantine. However, the price could not fully capture the effects of the demand change due to the short duration of the shock and, also, the price variability in 2019 was higher than 2020 by an El Niño shock.

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    Energies
    Other literature type . 2021
    License: CC BY
    Full-Text: http://www.mdpi.com/1996-1073/14/21/6989/pdf
    Data sources: Multidisciplinary Digital Publishing Institute
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    Energies
    Article . 2021 . Peer-reviewed
    License: CC BY
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    Energies
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      Energies
      Other literature type . 2021
      License: CC BY
      Full-Text: http://www.mdpi.com/1996-1073/14/21/6989/pdf
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      Article . 2021 . Peer-reviewed
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The following results are related to Energy Research. Are you interested to view more results? Visit OpenAIRE - Explore.
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  • Effects of the COVID-19 Pandemic on the Spot Price of Colombian Electricity

    image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/
    descriptionPublicationkeyboard_double_arrow_right Article , Journal , Other literature type 2021Publisher:MDPI AG
    Authors: Andrés Oviedo-Gómez; Sandra Milena Londoño-Hernández; Diego Fernando Manotas-Duque;

    doi: 10.3390/en14216989

    COVID-19 disease shocked global economic activity and affected the electricity markets due to lockdown and work-from-home policies. Therefore, this study proposes an empirical analysis to identify the electricity spot price response during the preventive and mandatory insulation in Colombia, where the economic contraction caused the largest decrease in the electricity demand, especially in the industrial sector. The methodology applied was quantile regression to quantify the non-linear effect on the spot price returns, and two sample periods were selected to contrast the results: 2018 and 2019. The main findings showed that regulated demand variation caused the highest variability on the spot price dynamic during the strict quarantine. However, the price could not fully capture the effects of the demand change due to the short duration of the shock and, also, the price variability in 2019 was higher than 2020 by an El Niño shock.

    downloadFull-Text
    image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/ Energiesarrow_drop_down
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    Energies
    Other literature type . 2021
    License: CC BY
    Full-Text: http://www.mdpi.com/1996-1073/14/21/6989/pdf
    Data sources: Multidisciplinary Digital Publishing Institute
    image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/
    Energies
    Article . 2021 . Peer-reviewed
    License: CC BY
    Data sources: Crossref
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    Energies
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    Energies
    Article . 2021
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      image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/ Energiesarrow_drop_down
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      Energies
      Other literature type . 2021
      License: CC BY
      Full-Text: http://www.mdpi.com/1996-1073/14/21/6989/pdf
      Data sources: Multidisciplinary Digital Publishing Institute
      image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/
      Energies
      Article . 2021 . Peer-reviewed
      License: CC BY
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      Energies
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      Article . 2021
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