U.S. Power Demand Falls to 16-Year Low as Coronavirus Cuts Use by Companies

Reuters

Electricity demand in the U.S. plunged to a 16-year low last week as government travel and work restrictions aimed to slow the coronavirus spread forced offices to shut down and industrial activity to slow sharply, Reuters reports. Power output fell to 64,896 gigawatt hours during the week ending April 4, down 5.7 percent from the same week in 2019.

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