The Power Sector During Coronavirus

The Power Sector During Coronavirus

The spread of the coronavirus has impacted several industries. The energy industry is one such, and the power sector has seen the impact of this epidemic. Electricity demand has taken new shapes in the affected regions. In Europe, countries like Italy, Spain, France, Germany, and Belgium are ordering lockdowns and strict measures.

According to GlobalData, the global thermal power prices shall fall in 2020. Gas generators are expected to be worst-hit, especially the rental power companies and merchant power plants, who will experience severe blow until June 2020. With the severity of Covid-19’s spread in Europe, seagoing LNG vessels are now observing protocols to reduce risk of further virus spread.

More than 80% of the annual solar market demand is met by Chinese manufacturers. The coronavirus has already impacted supply chain, and has affected the projects in some nations. In addition to capacity slippage to 2021, the solar PV module prices shall increase by 10%-20%.

Read more here.

 

About the author

Dr. Mariana Damova is the CEO of Mozaika, a company providing research and solutions in the field of data science, reasoning with natural language semantics, and natural human computer interfaces, creativity enhancing applications, and research infrastructures for the humanities. Previously, she was a Business development Manager and a Knowledge Management Expert specializing in ontology engineering and linked data management at a world leading technology provider. She was instrumental in the successful winning and knowledge modelling of large data integration and management projects such as the Semantic Knowledge Base for The National Archive of the United Kingdom and Research Space for the British Museum, as well as European FP7 projects such as Europeana Creative and Multisensor. Her work focuses on the design and development of data integration infrastructures which allow efficient querying, access and navigation over linked data. She has managed the building of the official experimental Europeana SPARQL endpoint holding Europeana semantic data. Mariana holds a PhD from the University of Stuttgart and teaches semantic technologies and multimedia at the New Bulgarian University in Sofia. She regularly reviews books and articles for ACM ComputingReviews.com and has authored books and scientific articles in linguistics and semantic technologies. She has successfully lead international interdisciplinary teams and projects carrying technological risks, driven and managed change in engineering and operational contexts in North America and in Europe, and acquired the ability to leverage marketing requirements with knowledge intense technological solutions.

No comments

Leave a Reply

Your email address will not be published. Required fields are marked *