What is an energy crisis? what are its causes?
Answers
An energy crisis is any significant (bottleneck; logistics; or price rise) in the supply of energy resources to an economy. In popular literature, it often refers to one of the energy sources used at a certain time and place, in particular those that supply national electricity grids or those used as fuel in vehicles.
Industrial development and population growth have led to a surge in the global demand for energy in recent years. In the 00s, this new demand — together with Middle East tension, the falling value of the U.S. dollar, dwindling oil reserves, concerns over peak oil, and oil price speculation — triggered the 2000s energy crisis, which saw the price of oil reach an all-time high of $147.30 a barrel in 2008.
Explanation:
ENERGY CRISIS :-
Energy crisis is basically a term used to describe a condition when the supply of energy is far less than the actual demand of an economy ie energy supply runs out of our demands.Due to which cost in the supply of energy resources to an economy get increases.
There are many reasons due to which our country even the whole world is facing the energy crisis
1. Increasing population-As the population increases the demand of energy for various activities also increases .
2. Lack of well developed alternative source of energy-There are substitutes like the unconventional sources of energy like the wind energy,sound energy,geothermal energy etc. But they need to be well researched over for mass scale use.
3. Lack of awareness in people regarding saving energy-People are careless when it comes about saving energy.The point is actually about optimum utilisation of energy and not contributing in its wastage.The best precidence is lights and fan which are kept ON in absence of any person in the room
hope it helps