what is the energy crisis?

Asked by Parvin Sultana | 12th May, 2011, 12:00: AM

Expert Answer:

An energy crisis is any great bottleneck (or price rise) in the supply of energy resources to an economy. In popular literature though, it often refers to one of the energy sources used at a certain time and place, particularly those that supply national electricity grids or serve as fuel for vehicles. There has been an enormous increase in the global demand for energy in recent years as a result of industrial development and population growth. Supply of energy is, therefore, far less than the actual demand.

 

Answered by  | 12th May, 2011, 12:47: PM

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