The global energy crisis is currently experiencing significant development, triggered by various factors such as increasing energy demand, fluctuating oil prices, and the transition to renewable energy sources. Countries around the world are trying to overcome these challenges with new policies and technologies. One of the main factors causing this crisis is the rapid economic growth in developing countries, which causes an increase in energy demand. According to the International Energy Agency (IEA), global demand for energy is expected to rise by around 30% by 2040. This increase adds pressure to already limited energy supplies, especially in the fossil sector. Oil price fluctuations also contribute to energy market uncertainty. The surge in oil prices due to geopolitical tensions, such as conflicts in the Middle East and sanctions against oil-producing countries, has caused concerns about the stability of global energy supplies. Analysis shows that oil prices may continue to fluctuate drastically, affecting the costs of transportation and daily necessities. On the other hand, the transition to renewable energy is a major focus in many countries. Infrastructure development for renewable energy, such as solar and wind energy, is showing rapid growth. Countries such as Germany and Denmark have successfully implemented renewable energy systems that make a significant contribution to their total energy consumption. Energy storage technology has also developed, enabling more efficient use of renewable energy. Long-term plans, such as the Infrastructure Investment and Jobs Act in the United States, as well as the European Union’s Green Plan, seek to make investment in renewable energy an integral part of economic recovery strategies. This policy not only aims to reduce carbon emissions but also to create new jobs in the clean energy sector. In Asia, China is a major player in the energy transition. As the largest producer of solar panels and wind turbines, the country aims to reach peak carbon emissions by 2030 and net-zero by 2060. Massive investment in research and development of renewable energy technologies shows China’s commitment in this global energy crisis. Apart from technology, energy efficiency is also an important theme in overcoming the crisis. Programs to increase efficiency, such as building retrofits and the use of electric vehicles, will reduce overall energy consumption. The transition to electric cars is predicted to reduce dependence on fossil fuels. In the context of the international community, cooperation between countries is essential to overcome this challenge. Forums such as COP26 discuss policies to resolve the global energy crisis and what actions need to be taken to reduce carbon emissions. The success of this collaboration depends on the commitment of all countries to achieve ambitious goals and keep energy prices stable. The global energy crisis is a complex challenge that requires a multi-dimensional approach. A combination of innovative energy policies, investment in new technologies, and international cooperation will be key to creating a sustainable future amidst these challenges. Developing initiatives that focus on reducing emissions, efficiency and transitioning to renewable energy will be a crucial step in overcoming the crisis the world is currently facing.
