energy crisis
An energy crisis occurs when the demand for energy exceeds the supply, leading to shortages and increased prices. This situation can arise from various factors, including geopolitical tensions, natural disasters, or a sudden increase in energy consumption. The crisis can affect electricity, oil, and gas markets, impacting households and businesses alike.
During an energy crisis, governments and organizations may implement measures to conserve energy and seek alternative sources. This can include investing in renewable energy technologies like solar and wind power, as well as promoting energy efficiency to reduce overall consumption.