China, Great Britain, Europe, United States: The Revolutionary Energy Problem … What’s Up …?!
As the world recovers from the corona epidemic, the world’s major nations continue to suffer from energy shortages, such as electricity and fuel.
In short, all the leading countries, including China and Great Britain, are in a state of total paralysis.
How and what is the problem …? Why this situation for the superpowers ..? Situation going around in india?
China Electricity Shortage
China, struggling to overtake the United States as the world’s largest economy, is facing an unexpectedly severe electricity shortage. Millions of houses, especially in western China, have lost power, torches and fires.
Factory closure
Not only that, but in many factories in China the fan does not work due to lack of power and the employees are hit by carbon monoxide gas and the employees are hospitalized and then the factories are closed.
Gasoline shortage in Great Britain
Also in Great Britain, one of the leading countries in the list of superpowers, the supply chain is affected by shortages of trucks and truck drivers and 90 percent of gas stations have been run out of gas.
Consumer market
Therefore, all the important items of the food industry are missing, on the one hand, there is a lack of essential items, and on the other hand, people buy too much of what is available due to stress. That paralyzed all of Britain.
Europe
Similarly, fuel prices are skyrocketing in European countries facing regime change in Germany, the most important economic and trading nation in the EU.
United States
And the gas and coal producers in the United States are suffering from not being able to meet the needs of the people. The United States is currently struggling to meet its heating needs, especially at the beginning of the cold and winter seasons.
Is it because of the Crown ..?
The answer is that the crown is also a cause. There are many reasons for this energy problem. At the time of the corona epidemic, there was high demand for production and no freight.
But now the corona vaccine has been administered all over the world and all the people in the world are returning to normal in one place, which has led to the problem of supply, demand, problem of transportation and problem of electric fuel.
Normally the balance is between two days and 2 weeks depending on the industry, but this balance is reduced from a few hours to a few days due to the increasing demand among all people.
What about green energy …?!
In the last 5 to 10 years, every country in the world has started to invest more in the renewable energy sector, which has largely abandoned fossil fuels due to environmental pollution.
Due to this change
Due to this change, there was no improvement in fossil fuel production or expansion to the new location. This means that renewable energy generation is not enough to meet today’s growing demand, nor can it dramatically increase power generation from fossil fuels.
This makes it a treadmill in the energy segment. The fossil fuel category includes gas, coal, oil, metals, and mining.
Fossil fuels
Today’s global energy problem raises the question of whether more should be invested in the production of fossil fuels …? But the answer to that cannot be said at the moment.
But it is wrong for the OPEC system to reduce its investment in fossil fuel production. According to OPEC, the demand for crude oil is expected to increase significantly in the coming years, even as global energy production begins.
The price of crude oil has risen to $ 80.
Coal and gas
The shortage of supply of coal, gas and water in Europe has pushed up prices. China is also reluctant to buy coal abroad due to rising coal prices.
China
It is noted that China consumes more coal than the rest of the countries in the world. But China is reluctant to buy at a higher price because it imports much of its coal from abroad. Factories in China are also currently facing a power shortage due to tight coal supplies.
China is trapped
The electricity crisis in China has had a significant impact on the country’s manufacturing sector and increased the cost of electricity production, making it impossible to increase the prices of exported goods.
While China is already facing strong trade shocks in India and many Asian countries, there is now a risk that trade will be lost as prices rise.
In addition, many Chinese energy and manufacturing companies are paralyzed by electricity shortages.
Expensive
Profits from electricity, fuel production and business are high due to energy shortages, but also a major headache for consumers and industries. The best example of this is the prices of gasoline and diesel in India.
Rising gasoline and diesel prices benefit everyone and the whole world.
Great Britain European Union
Following Britain’s persistent exit from the EU, it tightened its immigration rules and legalized, in particular, those seeking employment in the European Union in the United Kingdom.
Therefore, Europeans cannot enter Great Britain without a visa. As a result, millions of truckers had to flee Great Britain.
As a result, there is currently a shortage of trucks and truck drivers in the UK, from gasoline to food that cannot be added in time.
Boris Johnson
The UK is currently paralyzed by a shortage of consumer goods due to a shortage of trucks and truck drivers.
UK Prime Minister Boris Johnson announced that 10,000
US
With the start of the Ice Age in the US, oil and gas production will suffer major setbacks in the coming weeks. This winter becomes the biggest problem in the United States, as hiring workers in the oil industry is already a major battle.
What is the result …?
Given that there is currently an energy problem in all leading economies, it is certain that more will be invested in the renewable energy sector in the long term. At the same time, it will be a huge burden on ordinary people, as the prices of industrial goods and energy will increase enormously. And this supply and demand problem will be imperative in the coming quarters. There is also the possibility of a temporary decision to increase fossil fuel production.