In addition, there is a looming crisis in the power sector across the globe, courtesy the obsession with so-called renewables — also known as unreliables. Many places — like Colorado, Texas, Germany, and the U.K — are staring at the possibility of power blackouts. The situation is predominantly driven by an overreliance on renewable energy sources, which are intermittent year-round and cannot supply on-demand base load during peak hours.
In the modern world, blackouts result in extensive disruption to life as almost all sectors are power-dependent. An increased interest in electric vehicles could aggravate the problem with a higher demand for electricity.
In developing nations, energy disruption has the potential for more dire, life-and-death circumstances for millions of poor people in Africa, Asia, and South America. Both India and China faced in 2021 a severe coal shortage, which was partly the result of diverting a lot of public funds, time, and energy to creating wind and solar resources. The countries’ large-scale renewable installations could not provide on-demand electricity. Seventeen provinces in China experienced severe blackouts, forcing the closure of factories and offices, which resulted in unemployment among the poorest.
These episodes of energy shortages in Asia could serve as a sobering warning to other countries. The future of energy security will be dependent on the policies adopted, and it doesn’t look very good at this point.
In the modern world, blackouts result in extensive disruption to life as almost all sectors are power-dependent. An increased interest in electric vehicles could aggravate the problem with a higher demand for electricity.
In developing nations, energy disruption has the potential for more dire, life-and-death circumstances for millions of poor people in Africa, Asia, and South America. Both India and China faced in 2021 a severe coal shortage, which was partly the result of diverting a lot of public funds, time, and energy to creating wind and solar resources. The countries’ large-scale renewable installations could not provide on-demand electricity. Seventeen provinces in China experienced severe blackouts, forcing the closure of factories and offices, which resulted in unemployment among the poorest.
These episodes of energy shortages in Asia could serve as a sobering warning to other countries. The future of energy security will be dependent on the policies adopted, and it doesn’t look very good at this point.
