Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.Energy poverty is currently one of the major concerns of national governments, with first-world countries facing severe energy shortages.
For example, a Eurostat report showed 35 million European Union (EU) citizens, accounting for 8% of the EU population, could not use house heaters during the 2020 winter.
Furthermore, the Russia-Ukraine war and supply chain disruptions led to inflationary pressures, resulting in unaffordable energy prices.
There are multiple reasons why the energy crisis is no longer limited to underdeveloped countries. To begin with, energy production is still heavily reliant on fossil fuels, like coal mines and deep sea oil extraction.Read more on cryptonews.com