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Recovery tracker: Mobility dips, power generation falls under second wave

Retail and recreation visits are at their lowest in nearly a year

“Power grids are getting increasingly vulnerable because of digitalization and the use of more smart applications,” said Daine Loh, a Singapore-based power and renewables analyst at Fitch Solutions
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Sachin P MampattaKrishna Kant Mumbai
People are staying off the roads, using less electricity and making fewer visits to buy goods or enjoy recreational activities.

The second wave has forced retail and recreation visits down to June 2020 levels. Visits had been going up in June last year as the country came out of the lockdown. The trend is downward this time. Search engine Google tracks visits based on location data (see chart 1).

 

Power generation shows a similar declining trend. There was a sharp dip in power generation in the first week of the Covid-19 lockdown in 2020 and then it began