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Impact of COVID-19 on UK energy sector
Bangura, Alhaji Renukappa, Suresh Al-Janabi, Razan
Bangura, Alhaji
Renukappa, Suresh
Al-Janabi, Razan
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2021-09-03
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Abstract
The truth is that the COVID-19 pandemic has affected the UK economy. This has prompted policy makers, scientists and academicians to examine the impact of the COVID-19 pandemic on the UK economy at large. The UK economy is sustained by intertwining network of economic models of which the energy sector plays a vital role. This study has examined the impact of the COVID-19 pandemic on the UK energy sector. The study has attested to the fact that the energy sector is large and diverse and comprises of primary and secondary energy resources. Therefore, it will be limited to the impact of COVID-19 pandemic on the UK secondary energy resources. A desk-based study approached was favoured and adopted to analyze pertinent data and documents that are deemed relevant to the study. The study has confirmed that the impact of the COVID-19 pandemic varies on different energy models of the UK economy. An improvised energy supply chain for the study has revealed that the impact of COVID-19 pandemic on the UK energy sector could be seen on the consumer phase of the energy supply chain. The lockdown and stay at home strategy that was implemented by the UK government puts additional burden on low-level income family. For this reason, low level income family were unable to meet their energy bills during the lockdown and this affect the energy supplier's ability in the long run to provide sustainable secondary energy supply to the consumers.
Citation
Bangura, A., Renukappa, S., Suresh, S. & Al-Janabi, R. (2021) Impact of COVID-19 on UK energy sector, presented at Recovering from COVID: Responsible Management and Reshaping the Economy, 35th British Academy of Management Conference, the 31st August - 3rd September, Lancaster University Management School, United Kingdom.
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Conference contribution
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en
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This is the accepted manuscript of a conference paper presented at Recovering from COVID: Responsible Management and Reshaping the Economy, 35th British Academy of Management Conference, the 31st August - 3rd September, Lancaster University Management School, United Kingdom.
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9780995641341