CONSEQUENCES OF OIL SUPPLY AND DEMAND ON THE ELECTRICITY MARKET: CORONAVIRUS EFFECT

The coronavirus epidemic has dealt a serious blow to many sectors of the economy around globe. energy sector dropped significantly and been affected during pandemic. issue prices for products its production become aggravated, which test ministries. In this article, it examined situations in Europe Russia as an giant. It is difficult at moment determine all impacts that will have on electricity sector. paper found some effects financial markets short term, others longer term. Intuitively, we can already draw outlines. Electricity basic good with any public service, subject three principles: continuity, equality treatment adaptability. first them vital here. There no fear side, operators (EDF, RTE Enedis) plans ensure nuclear thermal power plants maintain their operation - even 40% absenteeism event peak networks be up running. Priority given operational agents, who operate repair lines.Keywords: COVID, Energy, Electricity, Oil, DemandJEL Classifications: E37, F20, G15DOI: https://doi.org/10.32479/ijeep.11342