Electricity markets under lockdown: insights from New York

Abstract

Three billion people are under lockdown. Many regions across the globe have taken drastic measures in an effort to contain the outbreak of COVID-19. Restaurants, bars, schools, universities as well as many commercial and industrial operations considered as non-essential have shuttered. Travel bans have been enacted and borders have been closed. In early April 2020, the economic and social consequences of the “Great Lockdown” only start to unravel as millions of workers file jobless claims.