How is COVID-19 impacting our energy demand?
The world is currently going through unprecedented times, with the majority of the population confined to their own homes, practicing social distancing to help curb the spread of COVID-19. This has had a significant impact on our day to day lives, with most working from home, and as a result there has been an increase in daytime energy usage. In a study by Octopus Energy, almost a third of households have noticeably changed their usage patterns, with a daytime electricity usage increase of up to 32%, resulting in an average electricity bill rise of £1.34 - £2.85 per week.
While there has been an increase in domestic energy usage, the national energy demand has decreased due to the number of industries and factories temporarily closing their doors to comply with the government’s regulations. The UK’s total energy requirement is down by about 20%, with the electricity demand on the first day of lockdown (24th March 2020) showing a decrease of about 8% from the monthly average.