Akademik Veri Yönetim Sistemi
7th International Conference on Business and Economics Studies, Erzurum, Türkiye, 4 - 05 Eylül 2021, ss.86-95, (Tam Metin Bildiri)
Covid-19, which first appeared in Wuhan, China's Hubei province in December
2019, spread all over the world in a short time, so it was accepted as a pandemic and various
restrictions and regulations were made in order to prevent it. Since March 2020, the first cases
began to be seen in Turkey and curfew restrictions were introduced without delay. As a result
of the curfew restrictions, the time spent at home has increased, and consequently, the energy
consumption in the houses has increased. In this study, the effect of the increase in the number
of covid-19 cases on electrical energy consumption in Turkey was discussed. For this purpose,
firstly descriptive statistics of variables were included in the study, and then unit root tests were
applied to understand whether the data were stationary or not. The Autoregressive Distributed
Lag (ARDL) model was used to determine the short and long-term relationships between
electrical energy consumption and the number of covid-19 cases. As a result of the analysis, a
statistically significant relationship was not found between the number of Covid-19 cases and
electrical energy consumption in the short term, while a statistically significant positive
relationship was found between the exchange rate and electrical energy consumption. In the
long run, it is concluded that both variables have a direct relationship with electrical energy
consumption. Although it has been determined in most of the studies in the literature that the
increase in energy consumption leads to economic growth since it is known that the energy
factor is limited in nature, the society should be made conscious of using energy efficiently in
order to meet the increasing energy need, and alternative use of renewable energy sources
should be pursued.