In Q1/2020, global electricity output decreased by 2.6% compared to Q1/2019. Specifically, the share of electricity from renewable sources tends to increase while the demand for electricity from other energy sources decreases.
Demand for electricity tends to decrease in Q1/2020, due to measures to blockade and social isolation to limit the spread of disease, people living and working at home and the weather in the first months of the year is more comfortable than the same period last year. Notably, the disease has a greater influence on electricity demand in countries with a large proportion of the service sector than countries that rely heavily on industry.
In Q1/2020, the decline in electricity demand along with the decline in input energy prices in the wake of disease outbreaks contributed to the decline in electricity prices.
Demand for electricity tends to decrease in Q1/2020, due to measures to blockade and social isolation to limit the spread of disease, people living and working at home and the weather in the first months of the year is more comfortable than the same period last year. Notably, the disease has a greater influence on electricity demand in countries with a large proportion of the service sector than countries that rely heavily on industry.
In Q1/2020, the decline in electricity demand along with the decline in input energy prices in the wake of disease outbreaks contributed to the decline in electricity prices.
Table of Contents
AbbreviationsSummary
1. Business environment
2. Current situation of world electricity industry
3. Situation of Vietnam's electricity industry
4. Issues on electricity industry development
5. Planning and forecasting
6. Business analysis
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Southern Power Corporation - EVNSPC
- Ho Chi Minh Power Company - EVNHCMC
- Hanoi Power Company - EVNHANOI
- Central Power Corporation - EVNCPC
- Hai Phong Thermal Power Joint Stock Company
- Quang Ninh Thermal Power Joint Stock Company
- Pha Lai Thermal Power Joint Stock Company
- BOT Phy My 3 Power Company Limited
- Mekong Energy Company
Methodology
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