Demand for electricity is beginning to weaken in parts of the U.S. hardest hit by the coronavirus and could fall further in coming days as shelter-in-place orders spread, following a path taken by Italy’s industrial region. Power demand cratered in northern Italy, the epicenter of a major coronavirus outbreak, in the last few days, a real-time indication of the potential depths of the economic downturn in the wake of the spreading pandemic, according to a new analysis by Steve Cicala, an assistant professor at the University...

Source: Wall Street Journal March 18, 2020 12:22 UTC