Impact of COVID-19 on Power Sector | Power Technology
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COVID-19 impact on Power

The COVID-19 outbreak has now spread around the world, leaving a trail of destruction in its wake. The pandemic has already changed how we work and how we live our lives. Many of these changes will have long-term implications. Companies in every sector, including power, will need to adopt new technologies and new ways of work as they adapt to these new realities.

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Thermal power will continue to dominate annual power generation in Mexico until 2030

Thermal power was the major source of power generation in Mexico in 2020 and a similar trend is expected to be observed by 2030.

COVID-19 Deals Activity in the Power Sector

Power Technology’s COVID-19 deal tracker monitors deals that took place across the Power sector during the pandemic.

Deals trends in the Power Sector: Q1 2020 – Q3 2021

91 Merger

Total Value US$m: 34,447.7
YOY Change: 169.1%

2,665 Asset Transaction

Total Value US$m: 432,769.9
YOY Change: 30.6%

1,563 Acquisition

Total Value US$m: 318,901.7
YOY Change: 52.4%

1,403 Debt Offering

Total Value US$m: 723,133.2
YOY Change: -18.3%

1,091 Equity Offering

Total Value US$m: 219,177
YOY Change: 55.0%

888 Venture Financing

Total Value US$m: 36,340.7
YOY Change: 339.7%

861 Partnership

Total Value US$m: 13,627.5
YOY Change: -

455 Private Equity

Total Value US$m: 141,392.9
YOY Change: 250.6%

Innovation in the Power sector during COVID-19

To best track innovation in response to COVID-19’s impact on the Power sector, Power Technology tracks the patent applications, as well as the patent applicants throughout the COVID-19 pandemic.

Number of patents in the Power sector: 2018 – 2021

The COVID-19 patents tracker in the Power sector monitors the patent applications pre- and post-outbreak.

Note: Application counts are based on publications. Patent applications which are not published yet are not considered for analysis. Publication may take up to 18 months from the application of patents.

Top Patent Applicants in the Power sector: Pre-COVID-19 (Filing Year 2018 – 2019)

Power Technology patent ownership data monitors the patent applicants in the sector before the COVID-19 outbreak.

Top Patent Applicants in the Power sector: Post-COVID-19 (Filing Year 2020 – H1 2021)

Power Technology patent ownership data monitors the patent applicants in the sector after the COVID-19 outbreak.

Note: Application counts are based on publications. Patent applications which are not published yet are not considered for analysis. Publication may take up to 18 months from the application of patents.

Number of COVID-19 mentions in filings in the Power sector: Q1 2020 – Q2 2021

Power Technology tracks thousands of companies and their annual and quarterly filings. Our analysis monitors the mentions of COVID-19 in those filings during the pandemic.

COVID-19 Versus Top 5 Themes in Power

Power Technology compares COVID-19 mentions in filings with other top themes in filings data during the pandemic.

Top 10 Companies with COVID-19 Mentions in Filings

Power Technology tracks which power companies mention COVID-19 in filings the most during the pandemic.

Jobs insights in the Power sector during COVID-19

Power Technology monitors live power company jobs postings to assess the impact of COVID-19 on the sector.

Job Trends in Power Sector

Jobs postings by power companies after the outbreak. The COVID-19 jobs tracker in the Power sector looks at jobs posted, closed and active to assess the impact of the pandemic on sector jobs.

Most active Power companies: Jobs

Power Technology’s Power jobs tracker lists power companies with the most jobs posted during the COVID-19 period.

Power influencer discussions on COVID-19

Power Technology tracks the mentions of COVID-19 by leading Power influencers on Twitter. The chart indicates the volume of tweets and influencers pertaining to COVID-19.

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