Impact on energy mix incorporated with nuclear energy by the Coronavirus Disease 2019 (COVID-19) for the post-Corona era in the case of South Korea

Abstract

It is analyzed for the energy pattern affected by the social matters of the disease trend where the epidemic behavior is significantly important to present the prospect especially for the epidemic of the Coronavirus Disease 2019 (COVID-19). In this work, there are three kinds of data for the modeling where the power transactions, power plant type, and pandemic data are considered by the energy mix of South Korea. The COVID-19 based modeling for Electricity and Nuclear Energy vs. Energy shows that the energy trend decreases until 16.50th week and then it is in the peak point at 32.50th week. Otherwise, the nuclear energy trend decreases until 11.50th week and then it is in the peak point at 27.50th week. The nuclear energy trend increases after 44.25th week. So, the nuclear energy has a better prospect in energy markets. Therefore, the characteristics of an energy source can make an important impact on the market.

Keywords

• Energy
• COVID-19
• Pandemic
• Trend
• Demand