Industry / Europ / Energy & Climate / European Macroeconomics & Governance

Lessons learned from the electricity tracker

Posted On: Jun 22, 2020   |   Posted By: Bruegel

Lessons learned from the electricity tracker

Our tool , updated daily, tracks electricity consumption in 2020 as a percentage of the corresponding day in 2019, in most European countries and a select few outside Europe. We are now launching a new interactive feature allowing for more user-friendly visualisation of consumption by country or region .
High-frequency and internationally comparable indicators of economic activity are helpful to track developments in a fast-moving, international crisis such as that triggered by the COVID-19 pandemic. Changes in daily electricity consumption are a strong proxy for industrial and/or economic activity. Data on industrial activity for March and April strongly correlates with observed changes in our measure for electricity consumption. Regression analysis in 44 countries found a positive but variable relationship between our electricity consumption data and a measure of social distancing.
Figure 1: Average monthly electricity consumption vs industrial production (January...

Continue reading ...

 








Ohio governor's conflicting COVID-19 tests raise backlash from skeptics of...

Ohio governor's conflicting COVID-19 tests raise backlash from skeptics of mask mandates

The Ohio governor's positive, then negative, tests for COVID-19 have provided fuel for skeptics of government pandemic mandates. Read more ...

Israeli jeweler makes $1.5m gold coronavirus mask

Israeli jeweler makes $1.5m gold coronavirus mask

An Israeli jewelry company is working on what it says will be the world's most expensive coronavirus mask, a gold, diamond-encrusted face covering with a price tag of $1.5 million. Read more ...

Puerto Rico halts primary voting in centers lacking ballots

Puerto Rico halts primary voting in centers lacking ballots

Puerto Rico on Sunday was forced to partially suspend voting for primaries marred by a lack of ballots as officials called on the president of the U.S. territory's elections... Read more ...

Researchers created a test to determine which masks are the least effective

Researchers created a test to determine which masks are the least effective

A group of researchers at Duke University created a simple technique to analyze the effectiveness of various types of masks, which have become a critical component in stopping... Read more ...

‘Collusion with foreign powers': Billionaire Hong Kong protest-backer Jimmy...

‘Collusion with foreign powers': Billionaire Hong Kong protest-backer Jimmy Lai detained, his Apple Daily offices searched

Billionaire media tycoon and Hong Kong protest-backer Jimmy Lai has been arrested on suspicion of “collusion with foreign powers.” Police also searched the offices of his Apple... Read more ...

States on hook for billions under Trump's unemployment plan

States on hook for billions under Trump's unemployment plan

A plan from President Donald Trump to extend additional unemployment benefits requires states to provide 25% of the funds, and it's unclear whether states have the money or the... Read more ...

Blue Jackets advance with 3-0 Game 5 win over Maple Leafs

Blue Jackets advance with 3-0 Game 5 win over Maple Leafs

TORONTO - Joonas Korpisalo stopped 33 shots and the Columbus Blue Jackets advanced to the first round of the NHL playoffs with a 3-0 win over the Toronto Maple Leafs in a... Read more ...

Bryson DeChambeau feels closer to first major win after strong PGA Championship

Bryson DeChambeau feels closer to first major win after strong PGA Championship

SAN FRANCISCO - Bryson DeChambeau made the best run of his career at a major championship, but still fell short despite shooting a final-round 66 to finish 10-under for the... Read more ...

76ers C Embiid leaves game with left ankle injury

76ers C Embiid leaves game with left ankle injury

LAKE BUENA VISTA, Fla. - Philadelphia center Joel Embiid left in the first quarter of the 76ers' game against the Portland Trail Blazers on Sunday after hurting his left ankle. Read more ...

Morikawa delivers great shot in quiet moment to win PGA

Morikawa delivers great shot in quiet moment to win PGA

The shot will be remembered as one of the best in a major that hardly anyone witnessed in person. Read more ...