After China, the energy crisis is deepening in almost the whole world including India and now European countries. While there was a blackout-like situation in China for about a week, it is being feared in some states in India as well.
Although, the Government of India has denied any such thing, but it has also appealed that people should spend electricity wisely. On the other hand, the state governments have also been instructed to stop selling electricity. If this is done, the power supply will be stopped.
At the same time, the European Union has also taken necessary steps to deal with the rising prices of oil and gas and coal. Rising oil, gas and coal prices in Europe are having an impact on industries. Not only this, it is also costly for the common people to run the heating system installed in the houses.
EU Energy Commissioner Kadri Simsson has asked member states to impose new taxes and subsidies to protect people from rising prices. Qadri said the EU would explore whether they could jointly buy gas wells. He asked fellow countries to promote the use of renewable energy as soon as possible.
In addition, President Vladimir Putin has said European countries should not blame Russia for high gas prices. Putin said that in the summer he could not collect his stocks. The Russian President says that the current shortage of gas is due to the complex arrangements made in Europe for it. He said that there are many types of sources used for energy, such as wind energy, due to which problems arise. Not only this, the increased prices also have a negative impact on the exporters, as they also want stability in the market.