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Solar Power-World Saviour
Solar Power-World Saviour
Since I wrote the original article, the world has become a totally different place. Russia is one of the world’s largest producers of gas. Especially to other European countries near its borders. Countries such as Germany have bought and relied on Russian gas for years.
The European economy would suffer catastrophically if there were to be a complete cut-off. According to the IMF, such a situation might trigger a global recession. Fortunately, there are steps that may be taken to lessen the effects of a cutoff. These include developing solidarity agreements to share gas among nations, finding alternative gas supplies, reducing infrastructure bottlenecks, and expanding infrastructure.
Concern about gas shortages: Solar Power-World Saviour
Even higher costs and potential economic effects are growing in the wake of the possibility of an unprecedented total shutdown. Although authorities are acting quickly, they do not yet have a plan in place to manage and reduce the impact.
These significant challenges are examined in three new IMF working papers. They look at the potential effects of price pass-through delays and fragmented markets on the supply of natural gas in Europe
Our research shows that in some of the most vulnerable countries in Central and Eastern Europe
like Hungary, the Slovak Republic, and the Czech Republic, gas shortages of up to 40% and GDP drops of up to 6% are possible.
But the effects could be lessened by making sure there are other supplies and energy sources, getting rid of bottlenecks in infrastructure, encouraging energy conservation while protecting low-income households, and making it easier for gas to be moved between countries through solidarity agreements.
Of course, these catastrophic events have increased energy prices for countries all over the globe. There is now much more renewed interest in countries producing their own energy sources. Especially from solar battery storage and wind turbines. In other words, renewable energy.
The solar power revolution is now happening across the world.
More In the United States, cities are taking strong measures to move the clean energy economy forward. South Miami passed a law this week that says all new homes must have solar panels. The law…
Source: 16-year-old inspires U.S. city to pass law requiring solar panels on all new homes | Inhabitat – Green Design, Innovation, Architecture, Green Building
Unfortunately, this does not appear to be happening yet here in the UK. Solar panels should be included in all new home construction. Here in 2021, we are already having power supply issues for both domestic and industry. It appears to me that we are cutting out old traditional fuels without enough of the new greener options coming into place.
Wind power contributes about 20% of our net power supplies. cars How they work-Charging stations-Cost and More-Everything you know about Fuel-Efficient cars However, this is only on a windy day. On a still day, this drops to a 2% contribution only. As we start to run out of power, we need a lot of new ways of thinking that work together.
So, moving forward into the spring of 2022, the UK government is no closer to making solar panels a statuary requirement for new homes.
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