Overconsumption
The energy crisis is a result of many different strains on our natural resources, not just one. There is a strain on fossil fuels such as oil, gas and coal due to overconsumption – which then in turn can put a strain on our water and oxygen resources by causing pollution.
Overpopulation
Another cause of the crisis has been the steady increase in the world’s population and its demands for fuel and products. No matter what type of food or products you choose to use – from fair trade and organic to those made from petroleum products in a sweatshop – not one of them is made or transported without a significant drain on our energy resources.
Poor Infrastructure
Aging infrastructure of power generating equipment is yet another reason for energy shortage. Most of the energy producing firms keep on using outdated equipment that restricts the production of energy. It is the responsibility of utilities to keep on upgrading the infrastructure and set a high standard of performance.
Unexplored Renewable Energy Options
Renewable energy still remains unused is most of the countries. Most of the energy comes from non-renewable sources like coal. It still remains the top choice to produce energy. Unless we give renewable energy a serious thought, the problem of energy crisis cannot be solved. Renewable energy sources can reduce our dependance on fossil fuels and also helps to reduce greenhouse gas emissions.
Wastage of Energy
In most parts of the world, people do not realize the importance of conserving energy. It is only limited to books, internet, newspaper ads, lip service and seminars. Unless we give it a serious thought, things are not going to change anytime sooner. Simple things like switching off fans and lights when not in use, using maximum daylight, walking instead of driving for short distances, using CFL instead of traditional bulbs, proper insulation for leakage of energy can go a long way in saving energy. Read here about 151 ways of saving energy.
Major Accidents and Natural Calamities
Major accidents like pipeline burst and natural calamities like eruption of volcanoes, floods, earthquakes can also cause interruptions to energy supplies. The huge gap between supply and demand of energy can raise the price of essential items which can give rise to inflation.
Wars and Attacks
Wars between countries can also hamper supply of energy specially if it happens in Middle East countries like Saudi Arabia, Iraq, Iran, Kuwait, UAE or Qatar. That’s what happened during 1990 Gulf war when price of oil reached its peak causing global shortages and created major problem for energy consumers.